1401 Branding Ave Downers Grove, IL 60515
- Office buildings
- 39,520 SF
- 2.21 lot acres
Current Use by Public Records
- KCI Engineering / Engineering Consultant
- College Planners of America, Ltd. / Educational Consultant
- Gasperec Elberts Consulting, LLC / Engineering Consultant
- Engineering & Management / Engineer
- St. John-Mittelhauser & Associates, A Terracon Company. / Engineering Consultant
Property Details for 1401 Branding Ave
- Year built
- 1984
- Lot size
- 2.21 lot acres
- Property size
- 39,520 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 06-30-409-025
- APU
- 630409025
Description
This three-story, 38,000 square foot Class B office building, located at 1401 Branding Ave in Downers Grove, Illinois (zip code 60515), presents a compelling opportunity for businesses seeking a well-situated location. Constructed in 1985, the building features a traditional office layout suitable for multiple tenants. Its strategic location offers exceptional convenience, with close proximity to the Yorktown Center shopping mall, providing employees with ample retail and dining options. The property benefits from easy access to major transportation arteries, including Interstates 88 and 355, ensuring seamless commutes for employees and clients. The surrounding area boasts a diverse range of restaurants, from fast-casual eateries to upscale dining establishments, catering to various preferences. This property is ideal for businesses seeking a functional and accessible office space in a vibrant and convenient location. The building's multiple tenancy structure offers flexibility for businesses of varying sizes. Further details regarding lease terms and available space are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $950,000
- 6.5%
- $1,020,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $840,000
- Geo Method
- $985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $985,000
- Retail
- $935,000
- Mixed-Use
- $955,000
- Hospitality
- $1,015,000
- Educational
- $1,040,000
- Residential Income
- $1,070,000
- Energy
- $860,000
- Income-Based Land
- $855,000
- Food Service
- $995,000
Location Insight
- Map
- Local Demand
- City
- Downers Grove
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0215
- Latitude
- 41.8311
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
