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    1229 Ogden Ave Downers Grove, IL 60515

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    For Lease
    $18 SF/Yr ($6,030 /Mo)

    Retail property for lease with high traffic and income.

    Property size:
    4,020 SF
    Lot size:
    0.17 Acres

    Property Features for 1229 Ogden Ave

    General Information

    Size
    4,020 SF
    Lot size
    0.17 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

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

    Overview

    Retail Space on Ogden Avenue

    This 4,020-square-foot retail space is available for lease and is located on Ogden Avenue, which sees 30,000 vehicles per day. The property is accessible from both Ogden and Linscott Avenues and features front, side, and rear parking. The versatile floor plan can be configured for one or two tenants. The surrounding area has a population of 88,000 within a 3-mile radius and an average household income exceeding $150,000. The property is positioned near retailers such as Jewel, Chipotle, and Starbucks.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0163014
    Latitude
    41.8080488

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    FAQs

    What type of property is this?
    Retail space - Retail property for lease with high traffic and income.
    Where is this retail space located?
    The property is located at 1229 Ogden Ave 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: - High-traffic location on Ogden Ave (30,000 vpd); - Strong demographics: 88,000 people within 3 miles and $150,000+ Avg HH Income; - Versatile floor plan suitable for one or two tenants
    (224) 523-9174
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    1229 Ogden Ave 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
    1229 Ogden Ave Downers Grove, IL 60515
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