Search
Downers Grove Retail Space Available
For Lease
$23 SF/Yr

1550 75th St, Downers Grove, IL 60516

3,617 SF retail space in Downers Grove for lease.

Space SizeContact for details
Days on Market318

Property Features for 1550 75th St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $36,528
Listing Agency: Millennium Properties RE, Inc.
Listed By: Susan Silver · License #475136992
Source: Exprealty
Added: Oct 8, 2025 Changed: Aug 20 Last Checked: Aug 20 at 9:51AM

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 Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

A 3,617 square foot retail space is available for lease on 75th Street in Downers Grove. The single-story building, formerly a Blast Fitness center, is an outlot to The Grove Shopping Center and includes cross access parking. The unit can be subdivided. The property is located in a strong retail corridor, steps away from shopping, restaurants, and public transportation. Area retailers include Walmart, Kohl's, Home Depot, Ross, TJ Maxx/Home Goods, Best Buy, and XSport Fitness. Downers Grove is located 20 miles from the Loop in the heart of the western suburbs. The property is located on 75th Street, one of the major commercial corridors for Downers Grove and neighboring suburbs, and a hub for commercial activity in the area. The property presents an excellent opportunity for redevelopment. The available space is a 3,591 square foot end cap unit.

Key Highlights

  • Located on busy 75th Street in a strong Downers Grove retail corridor.
  • Outlot to The Grove Shopping Center with cross access parking.
  • High‑traffic location near major retailers: Walmart, Kohl's, Home Depot, Ross, TJ Maxx/Home Goods, Best Buy, XSport Fitness.

Property Analytics

Current Use

Everest Asian Fusion Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Pharmacy Auto Parts 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby
256k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Dining 28% Shops & Services 23% Home Improvements & Furnishings 9%
Kohl's Apparel
65,192 visits/mo 0.3 miles
Five Below Shops & Services
29,373 visits/mo 0.2 miles
Chili's Grill & Bar Dining
19,606 visits/mo 0.2 miles
Wendy's Dining
15,833 visits/mo 0.1 miles
White Castle Dining
15,199 visits/mo 0.4 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - 3,617 SF retail space in Downers Grove for lease.
Where is this retail space located?
The property is located at 1550 75th St Downers Grove, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Located on busy 75th Street in a strong Downers Grove retail corridor.; Outlot to The Grove Shopping Center with cross access parking.; High‑traffic location near major retailers: Walmart, Kohl's, Home Depot, Ross, TJ Maxx/Home Goods, Best Buy, XSport Fitness.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message