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    1550 75Th St Downers Grove, IL 60516

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    For Lease
    $18 SF/Yr ($5,386 /Mo)

    Retail spaces for lease in Downers Grove, Illinois.

    Property size:
    3,591 SF
    Lot size:
    70.64 Acres

    Property Features for 1550 75Th St

    General Information

    Size
    3,591 SF
    Lot size
    70.64 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downers Grove Retail Space Available

    Available for lease are retail spaces formerly occupied by a fitness center. The property includes a 3,591-square-foot end cap unit and a 3,644-square-foot middle unit. Additionally, there is an 11,531-square-foot unit currently leased to a restaurant. The spaces can be combined to suit various needs. The property features ceiling heights of 13.5 feet. It is an outlot to The Grove Shopping Center, offering cross-access parking. Situated on busy 75th Street, the location provides excellent visibility within a strong retail corridor and is in close proximity to the Burlington Northern-Santa Fe Railway Metra Line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Everest Asian Fusion Asian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0199121
    Latitude
    41.7515372

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    FAQs

    What type of property is this?
    Retail space - Retail spaces for lease in Downers Grove, Illinois.
    Where is this retail space located?
    The property is located at 1550 75Th St Downers Grove, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location within the Outlot to The Grove Shopping Center with cross-access parking.; - Excellent visibility on busy 75th Street in a strong retail corridor.; - **11,531 SF unit already leased to a restaurant, providing immediate income.**
    (312) 338-3000
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    1550 75Th St Downers Grove, IL 60516
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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
    1550 75Th St Downers Grove, IL 60516
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