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33963496
33962119

3060 Ogden Avenue, Lisle, IL 60532

AF
IL IL 475.135644
Keller Williams Commercial
Listed by Keller Williams Commercial
$3,950,000
2 days on market
Updated 1 day ago

Pinnacle Professional Offices

Details
APN 08-08-201-025, 08-08-201-036, 08-08-201-037
Property Type Office
Sub Type Traditional Office, Medical Office (+1)
Square Footage 48,000
Net Rentable (SqFt) 40,488
Units 39
Cap Rate 7.16%
NOI $282,846
Occupancy 70.63%
Tenancy Multi
Pro-Forma Cap Rate 10.71%
Pro-Forma NOI $423,100
Price per SqFt $82
Class B
Year Built 1981
Buildings 2
Stories 3
Acreage 3.010
Zoning Business, Lisle
Investment Type Value Add

Stabilized Multi-Tenant Office w/ Upside | 48,000 SqFt

Marketing description

3060-3080 Ogden Avenue is a well-maintained, 48,000 SF multi-tenant office investment located along highly visible Ogden Avenue in Lisle, Illinois. The property consists of two professional office buildings with an established tenant base, significant recent capital improvements, and convenient access throughout Chicago’s western suburbs.

Ownership has completed extensive upgrades, including modernized lobbies and common areas, LED lighting, updated monument signage, interactive digital directories, roof improvements, new suite entry doors, enhanced landscaping, and various building system upgrades. These improvements have strengthened the property’s competitive position and enhanced its overall appearance, functionality, and tenant experience.

Located approximately 1 mile from I-88 and 1.5 miles from I-355, the property provides convenient access to the dining, retail, business, and transportation amenities of Lisle and Naperville. Investors have the opportunity to acquire a well-maintained suburban office asset with strong visibility, in-place income, and additional upside through the lease-up of existing vacancies.

Investment highlights

  • LED lighting throughout both buildings (lobbies, hallways, bathrooms, suites & parking)
  • New roof system (3080 building) & Roof system upgrades (3060 building)
  • New interior signage with uniform suite placards
  • New exterior monument signs on Ogden Ave
  • New interior suite doors with glass inset-both buildings master-keyed
  • New directional signage & digital directories in both lobbies
  • New paint, modern wallpaper & contemporary porcelain tile in the lobbies and hallways

Listing Contacts

AF
IL IL 475.135644
Keller Williams Commercial
Listed by Keller Williams Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$282,846.00
$23,570.50/mo

Valuation Metrics

0
DSCR
7.16%
Cap Rate
7.16%
ROI

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Additional Information

Name
Adam Fortino
License
IL 475.135644
Brokerage Phone
6305464276
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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