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Office Units with Conference Rooms
For Sale
$269,900

1557 Warren Avenue, Downers Grove, IL 60515

Commercial Sale, Downers Grove, IL

Property SizeContact for details
Lot Size0.55 Acres
Days on Market54

Property Features for 1557 Warren Avenue

General Information

Property type Commercial Sale
Property subtype Office
Directions Main St. to Warren Ave., W on Warren to 1557.
Subdivision Downers Grove
Standard status Active
APN 0907221002
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4427

Utilities

Cooling system Central Air

Amenities

reception area
conference rooms
private office
copy/mechanical room
kitchenette
private restroom

Building Details

Year built 2001
Floors in Building 1
Flooring type Carpet
Building materials Brick
Listing Agency: Keller Williams Experience · Keller Williams Realty
Listed By: Kim Moustis · License #471002224
Added: Jul 13 Changed: Aug 19 Last Checked: Sep 4 at 7:06PM
MLS# 12702793

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2001, this brick office property offers a practical professional layout with a reception area, two conference rooms, and a private office. The copy and mechanical room include custom built-in workstations and storage, while a kitchenette and private restroom support day-to-day operations. Carpeted interiors and central air complete the existing improvements.

The property occupies 0.55 acres at 1557 Warren Avenue in Downers Grove, Illinois. It is located minutes from downtown Downers Grove, the Metra station, and major expressways, with outdoor parking available for clients and employees. The configuration is suited to professional businesses including attorneys, accountants, insurance agencies, medical or therapy practices, financial services firms, and consultants.

Key Highlights

  • Brick office property built in 2001
  • Two conference rooms plus a private office
  • Custom built‑in workstations and storage

Property Analytics

Current Use

Greater Illinois Title ... Title Company

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Computer & Electronic Repair Locksmith Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 60515, IL

29,278
Population
12,443
Households
2.4
Avg Household Size
43
Median Age
61%
College-Educated
98%
High-School Grad
11.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$121,358
Median Household Income
$69,341
Median Earnings
$1,563
Median Rent
$453,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace includes reception, private offices, meeting rooms, kitchenette, restroom, and outdoor parking.
Where is this office units located?
The property is located at 1557 Warren Avenue Downers Grove, IL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Brick office property built in 2001; Two conference rooms plus a private office; Custom built‑in workstations and storage
More about this property
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