6125 Cass AveWestmont, IL 60559

  • Banks
  • 6,656 SF
For Sale
$1,600,000 View listing

Property Details for 6125 Cass Ave

Year built
1977
Lot size
1.11 AC
Property size (Sq ft)
6,656 SF
Zone code
A
Property type
Banks
APN
09-15-302-017
APU
915302017

Description

This exceptional 9,256 square foot commercial property, located at 6125 S Cass Avenue in Westmont, Illinois, presents a rare opportunity for redevelopment. Situated on a 1.11-acre lot, this single-story building features a partially finished upper second floor and a lower level that previously housed a bank vault. The exterior is constructed of durable brick. The interior has been gutted to prepare for a renovation that was begun but not completed. A significant advantage is the already installed sprinkler system, enhancing safety and adding value. Further interior details will be revealed during a property viewing. This property benefits from its high-visibility location directly across from a newly constructed, state-of-the-art car wash, ensuring consistent traffic and exposure. Its proximity to a modern shopping center anchored by prominent tenants such as Amazon Fresh, Marianos, and Starbucks further enhances its commercial viability and attractiveness. The property is being sold "as is." This is a chance to create a remarkable commercial space in a thriving area, capitalizing on its prime location and surrounding development. Schedule a viewing to fully appreciate the potential of this unique Westmont property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,945,242
    6.5%
    $2,718,685
    7%
    $2,524,493
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,184,699
    Geo Method
    $2,184,699
  • Alternative Use

    Use
    Valuation
    Residential
    $2,293,312
    Hospitality
    $2,100,662
    Educational
    $1,747,726
    Medical
    $1,807,833
    Retail
    $2,718,685
6125 Cass Ave, Westmont, Illinois

Location Insight

City
Westmont
County
Dupage
State
Illinois
Latitude
41.7761
Longitude
-87.9741
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,836
$198,290
$375,810
$574,100
-
$594,870
$1,127,430
$1,722,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].