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    1101 31St St Downers Grove, IL 60515

    Sponsored
    For Lease
    $22 SF/Yr

    Downers Grove medical/creative office space

    Lot size:
    8,511 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Downers Grove office property, the Highland Atrium, offers a variety of flexible spaces ideal for medical, creative, or coworking businesses. Located at 1101 31st St, in DuPage County, Illinois (zip code 60515), this multi-tenant building boasts newly updated suites ranging from 2,200 to 8,700 square feet. Each suite includes private bathrooms and breakrooms, enhancing both privacy and convenience. Modern features abound, including windowed offices, oversized doors, and energy-efficient LED lighting. The building also features a large, inviting open atrium lobby with ample seating, creating a welcoming atmosphere for tenants and visitors. A generous build-out allowance is available to customize your space to perfectly meet your business needs. The Highland Atrium enjoys a prime location, just minutes from major highways I-88 and I-355, providing easy access for employees and clients. Furthermore, its strategic placement near numerous restaurants, the Yorktown Mall, Advocate/Good Samaritan Hospital, and WooPaths ensures a vibrant and convenient environment. This is a rare opportunity to secure high-quality office space in a thriving Downers Grove location.

    Property Features for 1101 31St St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,511 SF

    Unit(s) available at that property

    Space
    Suite 140
    Size
    4,100 SF
    Rate per SF
    $22
    Space
    Suite 150
    Size
    2,200 SF
    Rate per SF
    $22
    Space
    Suite 130
    Size
    2,211 SF
    Rate per SF
    $23
    Property Profile Location Intelligence

    Current Use by Public Records

    CRP Holdings Holding Company Malinda Vasilakopoulos Speech Pathologist Rebecca Crumpley Social Worker Apex Quality Health Diagnostic Center Gina Hines Counselor

    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
    -88.0126119
    Latitude
    41.8303703

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    FAQs

    What type of property is this?
    Coworking space - Downers Grove medical/creative office space
    Where is this coworking space located?
    The property is located at 1101 31St St Downers Grove, IL.
    What is the lease rate?
    The lease rate is $22-$23 SF/Yr.
    Request Owner's contact information
    1101 31St St Downers Grove, IL 60515
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    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
    1101 31St St Downers Grove, IL 60515
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