Property profile

5155 Thatcher Rd Downers Grove, IL 60515

OFF-MARKET
Warehouses
14,706 SF Built 1987
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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

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service

Location

5155 Thatcher Rd Downers Grove, IL 60515
Downers Grove metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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