Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1432 Butterfield Rd, Unit 1 Downers Grove, IL 60515-1031

    • Retail space
    • 81,342 SF
    • 6.42 lot acres
    OFF-MARKET
    Value Estimation
    $14,565,000
    Last Sale
    Jun 26, 2024
    $14,600,000
    Location Intelligence
    Property ID
    US28-1289612
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Geek Squad / Computer Service / Computer Repair Service
    • Best Buy / Video Game Store / Video Store
    • Pacific Kitchen and Home / Appliance Store / Electronics Store

    Property Details for 1432 Butterfield Rd

    Year built
    1972
    Lot size
    6.42 lot acres
    Property size
    81,342 SF
    Zone code
    C
    Property type
    Retail space
    APN
    06-30-404-010
    APU
    630404010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $14,600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $15,395,000
      6.5%
      $13,740,000
      7%
      $13,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,580,000
      Geo Method
      $13,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $16,820,000
      Retail
      $12,215,000
      Mixed-Use
      $15,695,000
      Hospitality
      $12,735,000
      Educational
      $15,955,000
      Residential Income
      $15,045,000
      Energy
      $15,470,000
      Income-Based Land
      $12,605,000
      Food Service
      $13,620,000

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0201
    Latitude
    41.8354
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $141,075
    $1,259,370
    $558,070
    $1,817,440
    -
    $3,778,110
    $1,674,210
    $5,452,320

    Comparable in this City

    • Value Estimation by Request
      152,000 SF

      3300 Finley Rd

      RETAIL STORES (PERSONAL SERVICES) • 152,000 SF
      3300 Finley Rd, Downers Grove, IL 60515-1125
      View Details
    • Value Estimation
      $835,000
      53,687 SF

      1015 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 53,687 SF
      1015 Butterfield Rd, Downers Grove, IL 60515-1007
      View Details
    • Value Estimation by Request
      105,436 SF

      2000 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 105,436 SF
      2000 Butterfield Rd, Downers Grove, IL 60515-1055
      View Details
    • Value Estimation by Request
      112,170 SF

      1330 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 112,170 SF
      1330 Butterfield Rd, Downers Grove, IL 60515-1006
      View Details
    • Value Estimation by Request
      98,434 SF

      2920 Finley Rd

      RETAIL STORES (PERSONAL SERVICES) • 98,434 SF
      2920 Finley Rd, Downers Grove, IL 60515-1042
      View Details
    • Value Estimation by Request
      287,848 SF

      1556 Butterfield Rd

      RETAIL STORES (PERSONAL SERVICES) • 287,848 SF
      1556 Butterfield Rd, Downers Grove, IL 60515-1094
      View Details

    Similar Nearby for Sale

    • $799,000
      1,852 SF

      Retail Property Near I-88/I-355

      1,852 SF retail property in Downers Grove, Illinois for sale.
      1227 Ogden Ave, Downers Grove, IL 60515
      View Details
    • $1,400,000
      0.40 Acres

      Downers Grove Commercial Opportunity

      Drive-thru restaurant and strip center for sale in Downers Grove.
      440 Ogden Ave, Downers Grove, IL 60515
      View Details
    • $2,500,000
      1.00 Acre

      Downers Grove Commercial Property

      Multiple-use property in a high-traffic retail corridor.
      1340 Ogden Ave, Downers Grove, IL 60515
      View Details
    • $2,500,000
      1.00 Acre

      Downers Grove Commercial Property

      Multiple-use property in a high-traffic retail corridor.
      1340 Ogden Ave, Downers Grove, IL 60515
      View Details
    • $4,900,000
      1.55 Acres

      Ogden Avenue Automotive Property

      Automotive property in Downers Grove's West Ogden Avenue Corridor.
      1804 Ogden Ave, Downers Grove, IL 60515
      View Details
    • Contact for pricing
      51,200 SF

      Downers Grove Warehouse/Distribution Space

      Pristine 12,800 SF unit near I-355 and Metra.
      5365 Walnut Ave, Downers Grove, IL 60515
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      4,020 SF

      Retail Space on Ogden Avenue

      Retail property for lease with high traffic and income.
      1229 Ogden Ave, Downers Grove, IL 60515
      View Details
    • Contact for pricing
      10,880 SF

      Former Pharmacy Retail Space Available

      Retail space in Downers Grove with high traffic volume.
      400 Ogden Ave, Downers Grove, IL 60515
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Interstate 355

      Retail space with high visibility and ample parking available for rent.
      2930-2970 Finley Rd, Downers Grove, IL 60515
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space on Ogden Avenue

      Retail space available on busy Ogden Avenue with high visibility.
      1105-1117 Ogden Ave, Downers Grove, IL 60515
      View Details
    • $22 SF/Yr
      1,636 SF

      Downtown Downers Grove Office Suite

      Modern Office Space, Prime Location
      5117 Main St, Downers Grove, IL 60515
      View Details
    • Contact for pricing
      9,130 SF

      Downtown Downers Grove Office Space

      Historic Landmark, 4,655 SF Available
      5133 Main St, Downers Grove, IL 60515
      View Details

    Property Visit Statistics

    • Visits by month
      48.0k
    • Visitors by month
      39.2k
    • Avg Time on site
      28 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1432 Butterfield Rd, Unit 1
    Downers Grove, IL 60515-1031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.