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    OFF-MARKET
    Warehouses

    5155 Thatcher Rd, Downers Grove, IL 60515

    14,706 SF Built 1987
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Warehouses
    Year built 1987
    Total area 14,706 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Royal Graphics Printers Marketing & Advertising Printing Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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