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$749,900 Just Listed
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Property Description
1616 Ogden Ave, Lisle, Illinois - MixedUse Investment Property Prime mixeduse opportunity along highly traveled Ogden Avenue with 25,200 vehicles per day and excellent visibility from 50 feet of frontage. This fully occupied 4,900 sq ft building sits on a 50' x 200' lot and offers a strong blend of stable residential income and versatile commercial tenancy. The property features two groundfloor commercial spaces (approx. 1,300 sq ft and 1,200 sq ft) along with three updated residential apartments above, each approximately 950 sq ft. All units are currently leased, providing immediate inplace cash flow. Recent capital improvements include a new roof (4 years), boiler (3 years), and tuckpointing (5 years). Residential units have received selective renovations such as updated flooring, refreshed bathrooms, and newer appliances, supporting longterm rent stability. Additional revenue potential comes from an onsite garage, ideal for storage or supplemental tenant use. The property also includes 14 dedicated parking spaces, a rare convenience in this corridor. Located in the heart of Lisle's commercial district, the site benefits from strong traffic counts, easy access to major thoroughfares, and a mix of surrounding retail, service, and residential demand.
Full Property Details
Full Property Details for 1616 Ogden Ave
General
- Price: $749,900
- Taxes: $14,956 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12615749
- Updated: 4/10/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Lisle
- County: DuPage
- Township: Lisle
- Driving Directions: Between Dupage County Road and Lincoln Ave on Ogden Ave
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Hot Water, Operable Windows/Systems Vary-Call List Agt
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 4,830
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 10,000
- Lot Dimensions: 50 x 200
- Frontage: City Street, Public Road
- Potential Use: Commercial, Multi-Family
- Zoning: MULTI
Financial Considerations
- Lease Price: $16
- Security Deposit: Alarm Monitored
- Assessment Year: 1960
- Tax Amount: $14,956
- Tax Year: 2024
Disclosures and Reports
- Property ID: 803312018
Listed by HRE Real Estate Services
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Schools
Schools serving 1616 Ogden Ave
School District:Lisle Community Unit School District 202
| Name | Grades | Distance |
|---|---|---|
Lisle Elementary School 5801 Westview Lane, Lisle, IL 60532 | PK-5 | 1.9 mi |
Lisle Jr High School 5207 Center Avenue, Lisle, IL 60532 | 6-8 | 1 mi |
Lisle High School 1800 Short Street, Lisle, IL 60532 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1616 Ogden Ave
Date
Details
Price
Change
Source
4/10/2026
Listed
$749,900
1.34%
MLS
6/27/2019
Sold
$740,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1616 Ogden Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,956
4%
$205,762
10%
2023
$14,417
2%
$187,790
—
2022
$14,172
3%
$187,790
4%
2021
$13,785
4%
$180,690
2%
2020
$13,225
1%
$177,440
5%
2019
$13,043
—
$169,770
—
2018
$13,013
16%
$169,770
3%
2017
$11,243
-11%
$164,040
4%
2016
$12,641
37%
$158,110
44%
2015
$9,256
-1%
$109,990
—
2014
$9,335
-8%
$109,990
-10%
2013
$10,122
4%
$121,900
-4%
2012
$9,735
—
$126,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1616 Ogden Ave
1616 Ogden Avenue, Lisle, IL 60532 (MLS# 12615749) is a Commercial property. 1616 Ogden Avenue is currently listed for $749,900 and was received on April 10, 2026. Want to learn more about 1616 Ogden Avenue? Do you have questions about finding other Commercial real estate for sale in Lisle? You can browse all Lisle real estate or contact a Coldwell Banker agent to request more information.

