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Downtown Conventional Restaurant
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For Sale
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5115 Main Street, Downers Grove, IL 60515

Existing restaurant space also accommodates bar, fitness, financial services, and law-office uses.

Property SizeContact for details
Days on Market4

Property Features for 5115 Main Street

General Information

Standard status Active
Property subtype Retail, Business for Sale
Listing Agency: Brixmor Property Group
Listed By: Peter Drossos · License #IL 471010251
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:05PM

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 Brixmor Property Group

Investment Insights

Based on property information with market context.

This conventional restaurant property is positioned in downtown Downers Grove and is configured for restaurant operations. The space also supports a broader range of uses, including a bar, fitness center, financial services firm, or law firm.

The property is within walking distance of the Metra train station, providing access to commuter rail service in the surrounding downtown area. An existing Giordano’s franchise is associated with the space, subject to corporate approval.

Key Highlights

  • Conventional restaurant property in downtown Downers Grove
  • Within walking distance of the Metra train station
  • Permitted uses include restaurant, bar, fitness center, financial services, and law office

Property Analytics

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Current Use

Giordano's Restaurant

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Electrical Service Pharmacy 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

1,515
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 22%
Egg Harbor Cafe Dining
7,233 visits/mo 0.1 miles
Giordano's Dining
3,785 visits/mo 0.0 miles
Citibank Shops & Services
3,696 visits/mo 0.0 miles
Sushi House Dining
1,761 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
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant space also accommodates bar, fitness, financial services, and law-office uses.
Where is this conventional restaurant located?
The property is located at 5115 Main Street Downers Grove, IL.
What are key features of this property?
This property features: Conventional restaurant property in downtown Downers Grove; Within walking distance of the Metra train station; Permitted uses include restaurant, bar, fitness center, financial services, and law office
(773) 593-5626 Call to check price and availability
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