Building Details

Year Built 2003

Listing Agency: Baird & Warner l***@bairdwarner.com Show Phone

Listed By: Lucy Matune · License #475128184 Show Phone

Source: Perillorealestategroup

Added: Nov 7, 2022 Changed: Jul 31 Last Checked: Aug 1 at 11:54AM

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Investment Insights

Based on property information with market context.

Lower-level office space at 1385 Warren Avenue, Suite D, in Downers Grove. The property was built in 2003 and offers a workspace configuration suitable for office use.

The location provides convenient access to downtown Downers Grove and nearby train service.

Key Highlights

• Lower‑level office space
• Located at 1385 Warren Avenue, Suite D
• Convenient to downtown Downers Grove

Property Analytics

Current Use

Bentley Financial Group Bank Dougherty Group Real Estate Agency Gritis & Associates Ltd Accounting Firm the law office of kevin ... Consultant Walsh Thomas M Law Firm

Suggested Use

Top Pick Electrical Service Pharmacy Grocery & Convenience Store Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,285

Businesses Nearby

Explore this area Business Placement

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 Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space near downtown Downers Grove and train service.

Where is this office units located?

The property is located at 1385 Warren Avenue #D Downers Grove, IL.

What is the lease rate?

The lease rate is $15.50 SF/Yr.

What are key features of this property?

This property features: Lower‑level office space; Located at 1385 Warren Avenue, Suite D; Convenient to downtown Downers Grove