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Office Suite with Conference Rooms
For Sale
$269,900

1557 Warren Avenue, Downers Grove, IL 60515

A reception area, private office, kitchenette, and built-in workstations support day-to-day office operations.

Property SizeContact for details
Days on Market85

Property Features for 1557 Warren Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $4,426

Building Details

Year Built 2001
Listing Agency: Keller Williams Experience
Listed By: Kim Moustis · License #471002224
Source: Loncarrealty
Added: Jul 13 Changed: Sep 30 Last Checked: Oct 4 at 3:38PM

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 Keller Williams Experience

Investment Insights

Based on property information with market context.

Built in 2001, this office suite is arranged with a reception area, two conference rooms, and a private office. A separate copy and mechanical room includes built-in workstations and storage. The space also has a kitchenette and private restroom, with outdoor parking available.

The property is minutes from downtown Downers Grove, the Metra station, and major expressways.

Key Highlights

  • Two conference rooms and a private office
  • Built‑in workstations and storage in the copy/mechanical room
  • Kitchenette and private restroom

Property Analytics

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Current Use

Greater Illinois Title ... Title Company

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Computer & Electronic Repair Locksmith Pharmacy Garden Center

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

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

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
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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
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Frequently Asked Questions

What type of property is this?
Office units - A reception area, private office, kitchenette, and built-in workstations support day-to-day office operations.
Where is this office units located?
The property is located at 1557 Warren Avenue Downers Grove, IL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two conference rooms and a private office; Built‑in workstations and storage in the copy/mechanical room; Kitchenette and private restroom
More about this property
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