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    1401 Branding Ave Downers Grove, IL 60515

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Office Space near Yorktown Center

    Lot size:
    38,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This three-story, 38,000 square foot Class B office building, located at 1401 Branding Ave in Downers Grove, Illinois (zip code 60515), presents a compelling opportunity for businesses seeking a well-situated location. Constructed in 1985, the building features a traditional office layout suitable for multiple tenants. Its strategic location offers exceptional convenience, with close proximity to the Yorktown Center shopping mall, providing employees with ample retail and dining options. The property benefits from easy access to major transportation arteries, including Interstates 88 and 355, ensuring seamless commutes for employees and clients. The surrounding area boasts a diverse range of restaurants, from fast-casual eateries to upscale dining establishments, catering to various preferences. This property is ideal for businesses seeking a functional and accessible office space in a vibrant and convenient location. The building's multiple tenancy structure offers flexibility for businesses of varying sizes. Further details regarding lease terms and available space are available upon request.

    Property Features for 1401 Branding Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,000 SF
    Class
    B
    Total Rate
    58583.33

    Building Details

    Year Built
    1985
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 312
    Size
    6,546 SF
    Rate per SF
    $18
    Space
    Suite 242
    Size
    1,143 SF
    Rate per SF
    $18
    Space
    Suite 315
    Size
    6,546 SF
    Rate per SF
    $18
    Space
    Suite 320
    Size
    6,546 SF
    Rate per SF
    $18
    Space
    Suite 285
    Size
    1,048 SF
    Rate per SF
    $18
    Space
    Suite 250
    Size
    1,143 SF
    Rate per SF
    $18

    HighLights

    • 1401 Branding Ave, Downers Grove, IL 60515: 38,000 SF, three‑story Class B office building.
    • Asking rent: $18.50/SF, modified gross.
    • Class A common area finishes.
    • Built in 1985, with a traditional multi‑tenant layout.
    • Excellent location near Yorktown Center mall and Interstates 88 & 355.
    Property Profile Location Intelligence

    Current Use by Public Records

    KCI Engineering Engineering Consultant College Planners of America, ... Educational Consultant Gasperec Elberts Consulting, ... Engineering Consultant Engineering & Management Engineer St. John-Mittelhauser & Associates, ... Engineering Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0215407
    Latitude
    41.8311131

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space near Yorktown Center
    Where is this office property / space located?
    The property is located at 1401 Branding Ave Downers Grove, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 1401 Branding Ave, Downers Grove, IL 60515: 38,000 SF, three-story Class B office building.; Asking rent: $18.50/SF, modified gross.; Class A common area finishes.
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    1401 Branding Ave Downers Grove, IL 60515
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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
    1401 Branding Ave Downers Grove, IL 60515
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