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    5200 Katrine Ave Downers Grove, IL 60515

    Sponsored
    For Lease
    Contact for pricing

    12,000 SF Industrial Space Available

    Lot size:
    40,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional industrial warehouse space, located at 5200 Katrine Ave in Downers Grove, Illinois, 60515, offers 12,000 square feet of versatile space within a larger 40,520 square foot building. The property is zoned I and features a single-tenant occupancy. The warehouse boasts a generous 16-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by two shared loading docks and one drive-in door, ensuring efficient operations. This prime location in Downers Grove offers easy access to major transportation routes, making it an ideal choice for businesses requiring convenient logistics. The lease rate is negotiable and subject to offer. The property is classified as an industrial warehouse and is available for lease immediately. This is a fantastic opportunity to secure a well-appointed warehouse space in a highly desirable location. Serious inquiries are encouraged to explore this exceptional offering. The total building size is approximately 40,520 square feet. This listing presents a rare chance to lease a functional and strategically located warehouse in the thriving Downers Grove market.

    Property Features for 5200 Katrine Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,520 SF

    Unit(s) available at that property

    Space
    Size
    12,000 SF

    HighLights

    • 12,000 SF industrial warehouse space in a 40,520 SF building at 5200 Katrine Ave, Downers Grove, IL 60515.
    • I‑zoned, single‑tenant occupancy.
    • 16‑foot ceiling height, two shared loading docks, and one drive‑in door.
    • Excellent access to I‑355 & I‑88.
    • Negotiable lease rate; immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Superior Logistics Warehouse Transportation Service

    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
    -88.0487051
    Latitude
    41.7918615

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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF Industrial Space Available
    Where is this distribution property located?
    The property is located at 5200 Katrine Ave Downers Grove, IL.
    What are key features of this property?
    This property features: 12,000 SF industrial warehouse space in a 40,520 SF building at 5200 Katrine Ave, Downers Grove, IL 60515.; I-zoned, single-tenant occupancy.; 16-foot ceiling height, two shared loading docks, and one drive-in door.
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    5200 Katrine 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
    5200 Katrine Ave Downers Grove, IL 60515
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