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    FOR LEASE
    Medical Office Space

    1560 75Th St, Downers Grove, IL 60516

    3,903 SF 0.89 ac lot Built 1985
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-0420010
    Property summary
    AI-generated overview

    This exceptional 3,543-square-foot freestanding retail building is ideally situated at 1560 75th Street in Downers Grove, Illinois, within DuPage County (zip code 60516). The property boasts a single-tenant occupancy and is categorized as a small shop, offering significant potential for a variety of businesses. Its prime location on a highly trafficked section of 75th Street ensures exceptional visibility and accessibility, with over 26,000 vehicles passing daily. This vibrant commercial corridor is home to a diverse range of established national tenants, including AtHome, Petco, and Wendy's, creating a strong and desirable retail environment. The building's design is adaptable and could accommodate a wide range of businesses, particularly those requiring drive-thru capabilities. This presents a unique opportunity for businesses seeking high visibility and convenient access for customers. The property's location within the thriving Downers Grove market offers excellent potential for growth and return on investment. This freestanding building provides a rare opportunity to establish a strong presence in a highly sought-after retail area. The property is easily accessible from major roadways, ensuring convenient access for both employees and customers. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1985
    Total area 3,903 SF
    Lot 0.89 ac (38,768 SF)
    Zoning code N
    APN 09-30-201-013
    UPID US28-0420010
    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
    • Four Corners Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $795k
    Comparable Approach Comparable
    $704k
    Blend (final) Blend
    $805k
    Owner & transaction history
    Jib Holdings II LLC · 8 yrs held
    Jib Holdings II LLC
    since 2018
    5 recorded transactions
    2018
    $2.2M
    2016
    2013
    $1.2M
    2002
    2001
    $679,500
    Zoning & alternative use
    N · Downers Grove, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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