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Downers Grove Flex/Industrial Space
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1500 Butterfield Road, Downers Grove, IL 60515

18,115 SF flex/industrial space available for immediate occupancy.

Space SizeContact for details
Days on Market271

Property Features for 1500 Butterfield Road

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE | Corporate
Listed By: Cal Payne
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 19 Last Checked: Aug 20 at 5:04AM

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 CBRE | Corporate

Investment Insights

Based on property information with market context.

Located in Chicago’s west suburb submarket, this 18,115 SF space at Finley Square presents an opportunity to redustrialize or repurpose retail space for industrial use. The space is divisible to 9,059 SF or 9,056 SF and is available for immediate occupancy. Given the historic market low vacancy rate of 0.7%, this location offers flex space suitable for uses such as a last-mile grocery delivery facility, will-call pickup center, health and personal care product distribution center, or electronic repair facility. Finley Square includes retail amenities and an appealing collection of national merchants and dining options, including Portillo's, Starbucks, and Mission BBQ.

Key Highlights

  • Immediate occupancy of 18,115 SF retail space.
  • Opportunity to redustrialize or repurpose for industrial use.
  • Divisible space options: 9,059 SF or 9,056 SF.

Property Analytics

Current Use

Finley Square Shopping ... Shopping Center & Mall Portillo's Downers Grove Restaurant Gentle Shine By ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Hair Salon Nail Salon

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,898
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Sodexo 3020 Woodcreek Dr B, Downers Grove, IL 60515
  • Shree catering 1201 Butterfield Rd, Downers Grove, IL 60515

Frequently Asked Questions

What type of property is this?
Flex space - 18,115 SF flex/industrial space available for immediate occupancy.
Where is this flex space located?
The property is located at 1500 Butterfield Road Downers Grove, IL.
What are key features of this property?
This property features: Immediate occupancy of **18,115 SF retail space**.; Opportunity to redustrialize or repurpose for industrial use.; Divisible space options: **9,059 SF or 9,056 SF**.
More about this property
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