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    5155 Thatcher Rd Downers Grove, IL 60515

    Sponsored
    For Lease
    Contact for pricing

    5,070 SF Industrial Space Available

    Lot size:
    14,706 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,070 square-foot industrial warehouse space is available for lease at 5155 Thatcher Road, Downers Grove, IL. Located in a well-maintained facility with recent upgrades, this property offers convenient access to major transportation arteries. It's situated seconds from I-355 and Maple Avenue, and just 1.5 miles from the I-88 interchange, providing excellent regional connectivity. The building itself boasts a total of approximately 14,706 square feet, situated on roughly 0.93 acres of land. This single-story, 1987-built masonry structure features a 14-foot ceiling height, perfect for various industrial uses. The space includes one loading dock capable of accommodating 40-foot trailers, and ample parking for approximately 10 cars is available on-site, with overflow parking at 2820 Thatcher Road. The property is zoned M-1 (Light Manufacturing), allowing for a wide range of potential uses. The space also includes approximately 2,000 square feet of office space. The warehouse is equipped with a 200-amp, 3-phase power supply, gas heating, and a sprinkler system. Property taxes for 2022 were $1.53 per square foot. The potential for Drive-In-Drive-Out (DID) access adds further value to this strategically located property.

    Property Features for 5155 Thatcher Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,706 SF

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    5155
    Size
    5,070 SF

    HighLights

    • 14,706 SF industrial warehouse for lease in Downers Grove, IL.
    • 5,070 SF of space immediately available.
    • Building features 14' ceilings, one loading dock, and approximately 10 car parking spaces.
    • 200 Amp, 3‑phase power.
    • Zoned M‑1 (Light Manufacturing) in DuPage County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Royal Graphics Printers Commercial Printer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    Dupage
    State
    Illinois
    Longitude
    -88.055212656529
    Latitude
    41.791787582899

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    FAQs

    What type of property is this?
    Distribution property - 5,070 SF Industrial Space Available
    Where is this distribution property located?
    The property is located at 5155 Thatcher Rd Downers Grove, IL.
    What are key features of this property?
    This property features: 14,706 SF industrial warehouse for lease in Downers Grove, IL.; 5,070 SF of space immediately available.; Building features 14' ceilings, one loading dock, and approximately 10 car parking spaces.
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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
    5155 Thatcher Rd Downers Grove, IL 60515
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