Redevelopment-Oriented Retail Shopping
2001-2153 W 63rd St Downers Grove, IL 60516
2001-2153 W 63rd St, Downers Grove, IL, 60516
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For Sale
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Meadowbrook Shopping Center offers three inline retail buildings plus a 4,000 SF outlot on a signalized corner.
Property Size184,497 SF
Days on Market102
Property Features for 2001-2153 W 63rd St
General Information
- Standard status
- Active
- Size
- 184,497 SF
- Property subtype
- Retail
Listing agency
Frontline Real Estate Partners
(847) 780-8062
Listed by
Matthew Tarshis · License #IL 481011744
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 4:27PM 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
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
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.
