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Office Unit with Atrium Lobby
New
For Lease
$22 SF/Yr

1101 31st St Unit 150, Downers Grove, IL 60515

Flexible office space includes shared conference and breakroom facilities.

Space Size2,240 SF
Days on Market4

Property Features for 1101 31st St Unit 150

General Information

Standard status Active
Size 2,240 SF
Net Rentable 2,240 SF

Space & Availability

Available Space 2,240 SF
Contiguous Space 2,240 SF

Additional Details

Highway Access Yes

Amenities

Large Open Atrium Lobby Seating Area
Oversized Entrance Doors
Shared Oversized Conference Room
Shared Breakroom

Building Details

Year Built 1981
Listing Agency: Schulz Properties, Ltd.
Listed By: Rebecca Bossard · License #475195506
Source: Liveliferealty
Added: Sep 10 Last Checked: Sep 12 at 1:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schulz Properties, Ltd.

Investment Insights

Based on property information with market context.

Office Unit 150 offers 2,240 SF of available workspace within a 1981 commercial building. The suite includes access to a spacious atrium lobby with seating, oversized entry doors, a shared conference room, and a shared breakroom. A build-out allowance is also available for the space.

The property is situated near I-88 and I-355, with restaurants, Yorktown Mall, walking trails, and surrounding corporate offices nearby. These shared amenities and nearby conveniences support a practical office setting for businesses seeking space in Downers Grove.

Key Highlights

  • 2,240 SF of office space available
  • Build‑out allowance available for the space
  • Atrium lobby with dedicated seating area

Property Analytics

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Current Use

CRP Holdings Holding Company Malinda Vasilakopoulos Physician Rebecca Crumpley Foster Care Service Apex Quality Health Medical Clinic Gina Hines Counselor

Suggested Use

Top Pick Auto Repair Shop Storage Facility Grocery & Convenience Store Nail Salon Daycare Center 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
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,594
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Downers Grove, IL

$18.21 /SF/Yr
Avg Asking Price
$14.25–$22 /SF/Yr
Price Range
24,779 SF
Avg Space Size

This space is priced 21% above the average of $18.21 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office space includes shared conference and breakroom facilities.
Where is this office units located?
The property is located at 1101 31st St Unit 150 Downers Grove, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 2,240 SF of office space available; Build‑out allowance available for the space; Atrium lobby with dedicated seating area
More about this property
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