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    7451 Lemont Rd Downers Grove, IL 60516

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    For Lease
    $28 SF/Yr ($2,800 /Mo)

    Retail space for lease in Downers Park Plaza.

    Property size:
    1,200 SF
    Lot size:
    37.14 Acres

    Property Features for 7451 Lemont Rd

    General Information

    Size
    1,200 SF
    Lot size
    37.14 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

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

    Overview

    Downers Grove Retail Space Available

    Located at the northeast corner of 75th Street and Lemont Road in Downers Grove, Downers Park Plaza has retail space available for lease. The available space is 1,200 square feet. The plaza serves the suburbs of Downers Grove, Darien, Woodridge, Westmont, and Willowbrook. Retail anchors include TJ Maxx, Home Goods, Best Buy, Shop n Save, Dollar Tree, Old Navy, and Party City. The center benefits from a steady influx of foot traffic, with approximately 2.8 million annual visitors. The daytime population within a 3-mile radius exceeds 100,000 residents. Vehicle counts of 29,000 cars pass by the location daily.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Taco Bell Fast Food Restaurant Wingstop Chicken Wings 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
    -88.0121596
    Latitude
    41.7516969

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    FAQs

    What type of property is this?
    Strip mall - Retail space for lease in Downers Park Plaza.
    Where is this strip mall located?
    The property is located at 7451 Lemont Rd Downers Grove, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic location with **2.8 million annual visitors.**; - Located in Downers Park Plaza at the NEC of 75th Street & Lemont Road.; - Anchored by major retailers: TJ Maxx, Home Goods, Best Buy, Shop n Save, Dollar Tree, Old Navy, and Party City.
    (224) 523-9174
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    7451 Lemont Rd Downers Grove, IL 60516
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    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
    7451 Lemont Rd Downers Grove, IL 60516
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