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Transit-Accessible Office Building
For Sale
Contact for pricing
Pending

4949 Forest Avenue 200, Downers Grove, IL 60515

Office property near Metra’s BNSF line with commuter service to Chicago.

Property SizeContact for details
Days on Market140

Property Features for 4949 Forest Avenue 200

General Information

Standard status Pending
Property subtype Office

Additional Details

Public Transit Yes
Listing Agency: Schulz Properties, Ltd
Listed By: Theresa Schulz · License #IL 471009639
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 11:38PM

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 Schulz Properties, Ltd

Investment Insights

Based on property information with market context.

This office building is located at 4949 Forest Avenue in downtown Downers Grove, placing it within the community’s central business district. The surrounding area includes retail, dining, service businesses, and other offices, along with established residential demand.

The property is just steps from the Metra BNSF line, providing direct commuter access to Chicago in under 30 minutes. Downtown Downers Grove also offers a walkable setting with ongoing infrastructure and streetscape improvements.

Key Highlights

  • Office building at 4949 Forest Avenue in downtown Downers Grove
  • Steps from the Metra BNSF line
  • Direct commuter access to Chicago in under 30 minutes

Property Analytics

Current Use

Engage VE (Bike/Boat/Book/etc) Store Plego Technologies (Bike/Boat/Book/etc) Store Yoga Among Friends Gym & Fitness Center EDC Technology Electronics & Wireless Store illumined soul Alternative Medicine Practice

Suggested Use

Top Pick Bakery Grocery & Convenience Store Electrical Service Garden Center Auto Parts Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,520
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

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 building - Office property near Metra’s BNSF line with commuter service to Chicago.
Where is this office building located?
The property is located at 4949 Forest Avenue 200 Downers Grove, IL.
What are key features of this property?
This property features: Office building at 4949 Forest Avenue in downtown Downers Grove; Steps from the Metra BNSF line; Direct commuter access to Chicago in under 30 minutes
More about this property
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