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    440 Ogden Ave Downers Grove, IL 60515

    Sponsored
    Picture of Drive through restaurants at Ogden Ave 440, Downers Grove, IL
    For Sale
    $1,400,000

    COMMERCIAL - Downers Grove, IL

    Type:Retail
    Lot size:
    0.40 Acres
    Days on Market:
    44
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 440 Ogden Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    RTAIL
    APN
    0905214013
    Lot size
    0.40 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Membrane

    Platinum Partners Realtors (630) 435-3500 [email protected]

    Listing agent Sabrina Glover (630) 523-9989

    Listing date Nov 23, 2025

    Copyright © 2025 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.

    Overview

    Downers Grove Commercial Opportunity

    This commercial property in Downers Grove, Illinois, features a drive-thru restaurant and a strip center with 96 feet of frontage on Ogden Avenue. Located on the soft corner of Douglas and Ogden, it is just one block from the Fairview Avenue intersection. The property generates a gross rental income of $101,000, with leases in place for a drive-through restaurant, a boutique storefront, and a barber shop. The lot size is 0.4 acres. An adjacent property at 432 Ogden, measuring 50 feet by 200 feet, is also available. Developers should inquire with the Village of Downers Grove regarding the possibility of vacating the 66-foot by 200-foot section of Douglas Road as part of a redevelopment plan. The zoning is RTAIL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Skuddlebutts Pizza & Catering Pizza Restaurant Party People Rental ... Caterer Al's Pizza and Catering Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -87.997252
    Latitude
    41.8098458

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    FAQs

    What type of property is this?
    Drive through restaurant - Drive-thru restaurant and strip center for sale in Downers Grove.
    Where is this drive through restaurant located?
    The property is located at 440 Ogden Ave Downers Grove, IL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - High Gross Rental Income: $101,000 annually.; - Drive-Thru Restaurant included as a tenant.; - Prime Frontage: 96' frontage on Ogden Avenue.
    (630) 523-9989
    Request Owner's contact information
    440 Ogden Ave Downers Grove, IL 60515
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    Downers Grove, IL 60515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    440 Ogden Ave Downers Grove, IL 60515
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