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    2147 63Rd St Downers Grove, IL 60516

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    For Lease
    Contact for pricing

    Retail spaces available in redeveloped Downers Grove shopping center.

    Lot size:
    1.00 Acre

    Property Features for 2147 63Rd St

    General Information

    Lot size
    1.00 Acre

    Source: Metro Commercial Real Estate - Corporate Agent Steven Baer

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

    Overview

    Retail Space in Downers Grove

    This property is undergoing a complete redevelopment, featuring a full facade renovation, a new roof, new parking fields, and new monument signage. Anchor spaces, inline retail, and outlots are available for lease. The property is well-located with close proximity to I-355 access. Current tenants include Planet Fitness, Dollar Tree, and Dunkin’, and the property is adjacent to Target.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Green Knolls Shopping Center, Coin Cloud Bitcoin ATM, Williamsport Center Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -88.047713
    Latitude
    41.77194

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in redeveloped Downers Grove shopping center.
    Where is this shopping center located?
    The property is located at 2147 63Rd St Downers Grove, IL.
    What are key features of this property?
    This property features: - Complete redevelopment with full façade renovation, new roof, new parking fields, and new monument signage; - Anchor space, inline retail, and outlots available; - Well located in close proximity to I-355 access
    (516) 637-2340
    Request Owner's contact information
    2147 63Rd St 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
    2147 63Rd St Downers Grove, IL 60516
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