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Restaurant Space with Franchise Option
For Lease
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5115 Main Street, Downers Grove, IL 60515

Lease-only commercial space near Metra service supports restaurant, bar, fitness, financial services, or law office use.

Space Size2,434 SF
Days on Market11

Property Features for 5115 Main Street

General Information

Standard status Active
Size 2,434 SF
Property subtype Office, Retail

Spaces For Lease

at 5115 Main Street Contact us

#1

Size
2,434 SF
Availability
Active
Contact us
Listing Agency: Brixmor Property Group
Listed By: Peter Drossos · License #IL 471010251
Source: Crexi
Added: Sep 14 Changed: Sep 20 Last Checked: Sep 24 at 10:48AM

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.

Lease-only restaurant space at 5115 Main Street in Downers Grove, positioned in the downtown area and within walking distance of the Metra train station. The property offers an existing restaurant setup with the option to pursue the Giordano's franchise, subject to approval by Giordano's corporate office.

A second path allows a tenant to lease the space for an independent concept. The stated permitted-use options include restaurant, bar, fitness center, financial services, and law firm operations. The property is offered for lease and is not being marketed for sale.

Key Highlights

  • Lease‑only restaurant space at 5115 Main Street
  • Within walking distance of the Metra train station
  • Existing Giordano's franchise option, subject to corporate approval

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.

Lease Details

NNN (Triple Net)
Lease Type

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 - Lease-only commercial space near Metra service supports restaurant, bar, fitness, financial services, or law office use.
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: Lease‑only restaurant space at 5115 Main Street; Within walking distance of the Metra train station; Existing Giordano's franchise option, subject to corporate approval
(773) 593-5626 Call to check price and availability
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