Redevelopment-Oriented Retail Shopping
For Sale
Contact for pricing
2001-2153 W 63rd St, Downers Grove, IL 60516
Meadowbrook Shopping Center offers three inline retail buildings plus a 4,000 SF outlot on a signalized corner.
Property Size184,497 SF
Days on Market128
Property Features for 2001-2153 W 63rd St
General Information
Standard status
Active
Size
184,497 SF
Total Parking Spaces
713
Property subtype
Retail
Occupancy
67%
Site & Location
Traffic Count
43,800 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 4:27PM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Meadowbrook Shopping Center consists of three inline, multi-tenant retail buildings totaling 184,497 SF, along with an opportunity to redevelop a 4,000 SF outlot at the hard corner of a signalized intersection. The center is currently 66.6% leased, with in-place net operating income of $809,537. Ownership has also invested over $1,000,000 from 2019 to 2021 into renovations of the façade and parking lot.
The property is located along the south side of 63rd Street in Downers Grove, spanning the block between Belmont Road and Woodward Avenue. The site provides visibility and exposure with dual-sided pylon signage along both 63rd Street and Woodward Avenue, and reports traffic counts of approximately 32,000 VPD and 43,800 VPD. There is a large on-site parking lot with approximately 713 surface spaces.
Additional development opportunities are noted along the north end of the site. Tenants include Planet Fitness, Dollar Tree, Dunkin’, Legends Indoor Golf, Maxwell’s Beef, Beach For Dogs, and Bombay Bazaar, among others.
The property is located along the south side of 63rd Street in Downers Grove, spanning the block between Belmont Road and Woodward Avenue. The site provides visibility and exposure with dual-sided pylon signage along both 63rd Street and Woodward Avenue, and reports traffic counts of approximately 32,000 VPD and 43,800 VPD. There is a large on-site parking lot with approximately 713 surface spaces.
Additional development opportunities are noted along the north end of the site. Tenants include Planet Fitness, Dollar Tree, Dunkin’, Legends Indoor Golf, Maxwell’s Beef, Beach For Dogs, and Bombay Bazaar, among others.
Key Highlights
- Meadowbrook Shopping Center includes three inline multi‑tenant retail buildings totaling 184,497 SF.
- Features a 4,000 SF outlot on a hard corner at the signalized intersection of 63rd Street & Woodward Avenue.
- Currently 66.6% leased with in‑place Net Operating Income (NOI) of $809,537.
Property Analytics
Current Use
Lease Details
43,800 VPD
Traffic count
66.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
168k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 53%
Shops & Services 41%
Dining 5%
Beauty & Spa 1%
Target
Superstores
89,279 visits/mo
0.3 miles
Thorntons
Shops & Services
35,423 visits/mo
0.5 miles
Dollar Tree
Shops & Services
14,915 visits/mo
0.1 miles
Caseys
Shops & Services
8,733 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,095 visits/mo
0.1 miles
Demographics for 60516, IL
28,694
Population
11,912
Households
2.4
Avg Household Size
44
Median Age
54%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
3,776
Density / Sq Mi
$118,780
Median Household Income
$59,704
Median Earnings
$1,636
Median Rent
$423,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Meadowbrook Shopping Center offers three inline retail buildings plus a 4,000 SF outlot on a signalized corner.
Where is this shopping center located?
The property is located at 2001-2153 W 63rd St Downers Grove, IL.
What are key features of this property?
This property features: Meadowbrook Shopping Center includes three inline multi‑tenant retail buildings totaling 184,497 SF.; Features a 4,000 SF outlot on a hard corner at the signalized intersection of 63rd Street & Woodward Avenue.; Currently 66.6% leased with in‑place Net Operating Income (NOI) of $809,537.
