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    5133 Main St Downers Grove, IL 60515

    Sponsored
    For Lease
    Contact for pricing

    Historic Landmark, 4,655 SF Available

    Lot size:
    9,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,655 square foot commercial space, located at 5133 Main Street in the heart of Downtown Downers Grove, DuPage County, presents a unique investment opportunity. Situated within a designated historic landmark building, this Class B property offers a highly divisible floor plan, making it suitable for a variety of uses. Currently, the building houses established businesses, Pierce Tavern and Style Studio, creating a vibrant and desirable location. The space is part of a larger 9,130 square foot building with multiple tenancies. The available space is on the second level and is ideal for executive office, creative office, or retail use. The versatile zoning allows for flexibility in tenant type, accommodating office, medical, residential, or retail needs. The property boasts 24-hour access and benefits from its prime location, just minutes from the Downers Grove Metra station, ensuring convenient access for commuters and clients. This high-profile location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving downtown area. The space is immediately available.

    Property Features for 5133 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,130 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available space
    Size
    4,655 SF

    HighLights

    • High‑profile location in Downtown Downers Grove, currently housing Pierce Tavern and Style Studio.
    • Designated Historic Landmark building.
    • Highly divisible 4,655 SF of vacant space available.
    • Versatile zoning accommodating office, medical, residential, or retail uses.
    • Conveniently located near the Downers Grove Metra station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0101671
    Latitude
    41.79394

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    FAQs

    What type of property is this?
    Office space - Historic Landmark, 4,655 SF Available
    Where is this office space located?
    The property is located at 5133 Main St Downers Grove, IL.
    What are key features of this property?
    This property features: High-profile location in Downtown Downers Grove, currently housing Pierce Tavern and Style Studio.; Designated Historic Landmark building.; Highly divisible 4,655 SF of vacant space available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5133 Main St Downers Grove, IL 60515
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