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Financial
Distress signals
Property profile

1550 75Th St Downers Grove, IL 60516

FOR LEASE
Other commercial real estate
Property ID
US28-1694993
18,924 SF 1.14 ac lot Built 1990
Last sale Dec 2019 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-story retail building constructed in 1990, located in Downers Grove on an outlot position at The Grove Shopping Center along 75th Street, a major commercial corridor. The property has previously been used as a fitness center and is configured as retail space that can be divided to support multiple retail layouts. The site includes cross-access parking and is situated in a surrounding retail environment with nearby national retailers, with shopping, restaurants, and public transportation in the immediate area; it is approximately 20 miles from the Loop.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$615k
Assessed land$195k
Assessed improvement$419k
Effective rate5.94%

Value estimate

· Oct 2026
$570k
$513k – $627k
Submarket $/SF estimate$3.21M
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$6k
Operating expenses−$21k
NOI · 216,713.04% cap applied$50k

Realmo valuation models over county records and 44 qualifying comparable sales.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$160 – $317
Qualifying comparables44

Cap rate analysis

How does the asset earn?
216,713.04%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.1
Wholesale Shop26.1
Building Supply24.4

Location

1550 75Th St Downers Grove, IL 60516
County assessor Recorded deeds · 5 transfers 44 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1640 75th, Downers Grove, IL 60516 $2,470,000 Jul 2025 22,590 SF
1220 75th, Downers Grove, IL 60516-4202 $2,400,000 Sep 2023 79,440 SF
400 75th, Downers Grove, IL 60516-4454 $804,000 Aug 2022 3,440 SF
1150 75th, Downers Grove, IL 60516-4310 $16,331,500 Mar 2022 28,494 SF
1546 75th, Downers Grove, IL 60516-6225 $1,735,000 Sep 2021 9,318 SF
1212 75th, Downers Grove, IL 60516-4200 $2,650,000 Dec 2018 76,952 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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