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Downers Grove Office Space Available
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1401 Branding Ave, Downers Grove, IL 60515

Office space for rent near Yorktown Centre, Downers Grove.

Space SizeContact for details
Property Size35,500 SF
Days on Market768

Property Features for 1401 Branding Ave

General Information

Standard status Active
Size 35,500 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 35,500 SF
Year Built 1985
Tenancy Multiple

Spaces For Lease

at 1401 Branding Ave Contact us

Suite 315

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 320

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Versa Real Estate Services
Listed By: Ryan Moen · License #IL 471011256
Source: Crexi
Added: Jul 30, 2024 Changed: Aug 31 Last Checked: Aug 29 at 10:04AM

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 Versa Real Estate Services

Investment Insights

Based on property information with market context.

Versa Real Estate Services is the exclusive leasing agent for the property located at 1401 Branding Ave in Downers Grove, Illinois. The property is situated near Yorktown Centre and provides convenient access to I-88 and I-355. A variety of fast-food and fine dining restaurants are located nearby. The building includes a tenant conference room and a tenant lounge area equipped with seating, vending machines, and a sink.

Key Highlights

  • Convenient access to I‑88 and I‑355.
  • Close proximity to Yorktown Centre.
  • Tenant lounge area with seating, vending machines, and sink.

Property Analytics

Current Use

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

Suggested Use

Top Pick Auto Repair Shop Storage Facility Pharmacy Grocery & Convenience Store Nail Salon Electrical Service

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,547
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

This space is priced 5% above the average of $17.6 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent near Yorktown Centre, Downers Grove.
Where is this office units located?
The property is located at 1401 Branding Ave Downers Grove, IL.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Convenient access to I‑88 and I‑355.; Close proximity to Yorktown Centre.; Tenant lounge area with seating, vending machines, and sink.
(630) 480-6346 Call to check price and availability
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