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Multi-Unit Office Building
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5413 WALNUT AVE, Downers Grove, IL 60515

Professional office building offering suites on the 1st and 2nd floors with private offices and an open work area.

Space Size8,800 SF
Days on Market112

Property Features for 5413 WALNUT AVE

General Information

Standard status Active
Size 8,800 SF
Property subtype Office, Industrial

Additional Details

Highway Access Yes

Building Details

Building Size 8,800 SF
Year Built 1975
Tenancy Single

Spaces For Lease

at 5413 WALNUT AVE Contact us

Space 1

Size
8,800 SF
Type
Industrial, Office
Lease Type
Modified Gross
Availability
Active
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Listing Agency: RE/MAX Millennium
Listed By: Vito Sruoga · License #471.004898
Source: Crexi
Added: May 17 Changed: Aug 24 Last Checked: Sep 2 at 2:01AM

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 RE/MAX Millennium

Investment Insights

Based on property information with market context.

This professional office building is arranged for multiple tenants, with available space on both the 1st and 2nd floors. The suites feature multiple private offices and nearly 2,000 SF of open area that can support a range of office and medical-ready workflows.

On-site parking is available, and the property offers easy access to I-355 and Maple Ave, supporting convenient commutes for employees and access for clients. The building is described as well-maintained.

Exact suite sizes are listed as 500 SF on the 1st floor and 4,400 SF on the 2nd floor, with a total building size of 8,800 SF.

Key Highlights

  • Professional office building built in 1975 with 8,800 SF total across 1st and 2nd floors
  • 2nd floor offers 4,400 SF with multiple private offices and nearly 2,000 SF open area
  • 1st floor includes 500 SF of office space with private offices

Property Analytics

Current Use

First Choice Dental ... Dental Office AEchem Scientific Corporation Research Institute Creating One Heart ... Spiritual Center Frank Livorsi - State ... Insurance Agency Crystal Glow Beauty ... Hair Salon

Suggested Use

Top Pick Dental Office Law Firm Restaurant Real Estate Agency Pharmacy Food Market

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

467
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

Lease Benchmarks for Downers Grove, IL

$17.6 /SF/Yr
Avg Asking Price
$14.25–$22 /SF/Yr
Price Range
12,643 SF
Avg Space Size

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 units - Professional office building offering suites on the 1st and 2nd floors with private offices and an open work area.
Where is this office units located?
The property is located at 5413 WALNUT AVE Downers Grove, IL.
What are key features of this property?
This property features: Professional office building built in 1975 with 8,800 SF total across 1st and 2nd floors; 2nd floor offers 4,400 SF with multiple private offices and nearly 2,000 SF open area; 1st floor includes 500 SF of office space with private offices
(773) 983-4544 Call to check price and availability
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