Downers Grove Office Space
For Lease
$22 SF/Yr
1101 31st Street 150, Downers Grove, IL 60515
2,240 SF office space with build-out allowance for rent.
Space SizeContact for details
Days on Market563
Property Features for 1101 31st Street 150
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Building Details
Year Built
1981
Listing Agency:
Schulz Properties, Ltd.
(773) 720-0703
Listed By:
Rebecca Bossard · License #475195506
(773) 720-0703
Source:
Exitrealty
Added: Jan 28, 2025
Changed: Aug 8
Last Checked: Aug 14 at 4:39AM
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 Schulz Properties, Ltd.
Investment Insights
Based on property information with market context.
Approximately 2,240 square feet of office space is available for rent. The space benefits from a generous build-out allowance. The building features a large open atrium lobby with a seating area and oversized entrance doors. Shared amenities include an oversized conference room and a breakroom. The property is located minutes from I-88 and I-355 and is surrounded by restaurants, Yorktown Mall, walking trails, and a corporate office park.
Key Highlights
- Minutes to I‑88 & I‑355
- Surrounded By Restaurants, Yorktown Mall, Walking Trails, Center of Corporate Offices
- Generous Build‑Out Allowance
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,594
Businesses Nearby
Explore this area
Business Placement
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
$18.15 /SF/Yr
Avg Asking Price
$14.25–$22 /SF/Yr
Price Range
8,087 SF
Avg Space Size
This space is priced 21% above the average of $18.15 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 2,240 SF office space with build-out allowance for rent.
Where is this office units located?
The property is located at 1101 31st Street 150 Downers Grove, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Minutes to I‑88 & I‑355; Surrounded By Restaurants, Yorktown Mall, Walking Trails, Center of Corporate Offices; Generous Build‑Out Allowance
