University Plaza Shopping
For Sale
Contact for pricing
1201-1213 Butterfield Road, Downers Grove, IL 60515
Multi-tenant retail center with established national, regional, and local occupants and multiple access points.
Property Size218,091 SF
Lot Size13.38 Acres
Days on Market145
Property Features for 1201-1213 Butterfield Road
General Information
Standard status
Active
Size
218,091 SF
Total Parking Spaces
640
Lot size
13.38 Acres
Property subtype
Retail
Occupancy
98%
Site & Location
Pylon Signage
Yes
Road Access
Yes
Building Details
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
Greenstone Partners
(312) 234-0360
Listed By:
Danny Spitz · License #IL 475161610
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 6:41AM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
University Plaza is a multi-tenant shopping center totaling approximately 218,091 square feet on ±13.38 acres at 1201-1213 Butterfield Road. The property was built in 1969, with additions completed in 1971 and 1986, and combines retail and industrial space. Occupants include Olive Garden, Melting Pot, Penny Mustard, Grand Appliance and TV, Precor Home Fitness, U.S. Renal Care, and Marketing Card Technology (MCT).
The center provides four access points, 808 linear feet of frontage along Butterfield Road, pylon signage, and 640 surface parking spaces. University Plaza is 98% occupied, with national and regional tenants contributing 55% of income. MCT occupies 47% of the property and has added improvements to its space for Visa and Mastercard certification. More than 106,000 households are located within a 5-mile radius, with average household income exceeding $108,000.
The center provides four access points, 808 linear feet of frontage along Butterfield Road, pylon signage, and 640 surface parking spaces. University Plaza is 98% occupied, with national and regional tenants contributing 55% of income. MCT occupies 47% of the property and has added improvements to its space for Visa and Mastercard certification. More than 106,000 households are located within a 5-mile radius, with average household income exceeding $108,000.
Key Highlights
- ±218,091 square feet of multi‑tenant retail and industrial space
- ±13.38‑acre shopping center with 808 linear feet of Butterfield Road frontage
- Four access points, pylon signage, and 640 surface parking spaces
Property Analytics
Current Use
Lease Details
98%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,024
Businesses Nearby
387k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 23%
Electronics 12%
Apparel 12%
Portillo's
Dining
64,768 visits/mo
0.3 miles
Best Buy
Electronics
39,073 visits/mo
0.3 miles
Dollar Tree
Shops & Services
28,626 visits/mo
0.2 miles
Michaels
Shops & Services
24,529 visits/mo
0.4 miles
Five Below
Shops & Services
18,436 visits/mo
0.4 miles
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with established national, regional, and local occupants and multiple access points.
Where is this shopping center located?
The property is located at 1201-1213 Butterfield Road Downers Grove, IL.
What are key features of this property?
This property features: ±218,091 square feet of multi‑tenant retail and industrial space; ±13.38‑acre shopping center with 808 linear feet of Butterfield Road frontage; Four access points, pylon signage, and 640 surface parking spaces
