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Downers Grove Flex/Industrial Space
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1500 Butterfield Road, Downers Grove, IL 60515

18,115 SF flex/industrial space available for immediate occupancy.

Space Size9,056 SF - 9,059 SF
Property Size278,000 SF
Days on Market317

Property Features for 1500 Butterfield Road

General Information

Standard status Active
Size 9,056 SF - 9,059 SF
Property subtype Retail - Power Center

Building Details

Building Size 278,000 SF
Year Built 1974

Spaces For Lease

at 1500 Butterfield Road Contact us

1500 Butterfield Road #12 Immediate

Size 9,059 SF
Type Industrial
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us

1500 Butterfield Road #13 Immediate

Size 9,056 SF
Type Industrial
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Mid-America Real Estate Group
Listed By: Marget Graham
Source: Commercialcafe
Added: Nov 22, 2025 Changed: Sep 28 Last Checked: Oct 4 at 6:48AM

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 Mid-America Real Estate Group

Investment Insights

Based on property information with market context.

Located in Chicago’s west suburb submarket, this 18,115 SF space at Finley Square presents an opportunity to redustrialize or repurpose retail space for industrial use. The space is divisible to 9,059 SF or 9,056 SF and is available for immediate occupancy. Given the historic market low vacancy rate of 0.7%, this location offers flex space suitable for uses such as a last-mile grocery delivery facility, will-call pickup center, health and personal care product distribution center, or electronic repair facility. Finley Square includes retail amenities and an appealing collection of national merchants and dining options, including Portillo's, Starbucks, and Mission BBQ.

Key Highlights

  • Immediate occupancy of 18,115 SF retail space.
  • Opportunity to redustrialize or repurpose for industrial use.
  • Divisible space options: 9,059 SF or 9,056 SF.

Property Analytics

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Current Use

Finley Square Shopping ... Shopping Center & Mall Portillo's Downers Grove Restaurant Gentle Shine By ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Nail Salon Grocery & Convenience Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

1,898
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Sodexo — 3020 Woodcreek Dr B, Downers Grove, IL 60515
  • Shree catering — 1201 Butterfield Rd, Downers Grove, IL 60515

Frequently Asked Questions

What type of property is this?
Flex space - 18,115 SF flex/industrial space available for immediate occupancy.
Where is this flex space located?
The property is located at 1500 Butterfield Road Downers Grove, IL.
What are key features of this property?
This property features: Immediate occupancy of **18,115 SF retail space**.; Opportunity to redustrialize or repurpose for industrial use.; Divisible space options: **9,059 SF or 9,056 SF**.
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