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Multi-Tenant Shopping Center
New
For Lease
$21 SF/Yr

402 - 460 W 75th Street, Downers Grove, IL 60516

Retail center positioned at a signalized intersection with access from both Fairview Avenue and 75th Street.

Space Size900 SF
Property Size43,898 SF
Days on Market2

Property Features for 402 - 460 W 75th Street

General Information

Standard status Active
Size 900 SF
Property subtype Retail
Lease Term NNN

Additional Details

Road Access Yes

Building Details

Building Size 43,898 SF
Year Built 1979
Tenancy Multi

Spaces For Lease

at 402 - 460 W 75th Street Contact us

410 W 75th Street $21/SF/Yr

Size
900 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: Rossi Real Estate
Listed By: Carlo Rossi · License #IL #471.011314
Source: Rossi-realestate
Added: Sep 9 Last Checked: Sep 9 at 3:15PM

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 Rossi Real Estate

Investment Insights

Based on property information with market context.

Fairview Plaza is a 43,898-square-foot shopping center built in 1979, with a diverse tenant roster that includes Lou Malnati's, One Main Financial, State Farm, and Fast Signs. The center combines national and regional occupants within a multi-tenant retail setting.

The property occupies the northwest corner of 75th Street and Fairview Avenue in Downers Grove, Illinois. Customers and tenants can enter and exit from both thoroughfares, while the signalized intersection provides direct access at the corner. Reported traffic volumes are 40,188 vehicles per day on 75th Street and 12,800 vehicles per day on Fairview Avenue. The center is also near destination retail and employment centers.

Key Highlights

  • 43,898 SF shopping center built in 1979
  • Tenant mix includes Lou Malnati's, One Main Financial, State Farm, and Fast Signs
  • Northwest corner of 75th Street and Fairview Avenue

Property Analytics

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Current Use

Fairview Mart Grocery & Convenience Store Omega Duct Cleaning HVAC Service Fairview Tobacco (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Garden Center Real Estate Agency Barber Shop Bakery HVAC Service

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 56% Home Improvements & Furnishings 17% Shops & Services 13% Groceries 11%
Walmart Superstores
112,367 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
34,538 visits/mo 0.3 miles
Aldi Groceries
22,240 visits/mo 0.4 miles
PetSmart Shops & Services
12,051 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
8,370 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Marketplace at darien 2425 75th St, Darien, IL 60561
  • Darien Towne Centre 2189 75th St, Darien, IL 60561
  • Fairview Plaza Shopping Center 414 75th St, Downers Grove, IL 60516

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center positioned at a signalized intersection with access from both Fairview Avenue and 75th Street.
Where is this shopping center located?
The property is located at 402 - 460 W 75th Street Downers Grove, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 43,898 SF shopping center built in 1979; Tenant mix includes Lou Malnati's, One Main Financial, State Farm, and Fast Signs; Northwest corner of 75th Street and Fairview Avenue
More about this property
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