Fully Occupied Neighborhood Shopping
New
For Sale
$1,375,000
4951-5003 Fairview Avenue, Downers Grove, IL 60515
Established tenant mix with customer parking at the storefront and separate employee parking on an additional parcel.
Property Size9,230 SF
Days on Market7
Property Features for 4951-5003 Fairview Avenue
General Information
Standard status
Active
Size
9,230 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$23,301
Building Details
Building Size
9,230 SF
Year Built
1957
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Carr Realty, Inc
(847) 945-0984
Listed By:
Tom Healy · License #471013949
Source:
Jjillrealtygroup
Added: Aug 24
Changed: Aug 29
Last Checked: Aug 29 at 7:55PM
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 Carr Realty, Inc
Investment Insights
Based on property information with market context.
This fully occupied neighborhood shopping center was built in 1957 and contains a mix of tenants, most of whom have been in place long term. Customer parking is positioned in front of the center, while a separate parcel provides employee parking.
The property occupies the corner of Fairview Avenue and Maple and is located within a TIF reinvestment area. Its address is 4951-5003 Fairview Avenue in Downers Grove, Illinois.
The property occupies the corner of Fairview Avenue and Maple and is located within a TIF reinvestment area. Its address is 4951-5003 Fairview Avenue in Downers Grove, Illinois.
Key Highlights
- Fully occupied neighborhood shopping center
- Built in 1957
- Corner location at Fairview Avenue and Maple
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
7-Eleven
Shops & Services
4,200 visits/mo
0.1 miles
Sarpino's Pizzeria
Dining
1,072 visits/mo
0.1 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Established tenant mix with customer parking at the storefront and separate employee parking on an additional parcel.
Where is this shopping center located?
The property is located at 4951-5003 Fairview Avenue Downers Grove, IL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Fully occupied neighborhood shopping center; Built in 1957; Corner location at Fairview Avenue and Maple
