1560 75Th St Downers Grove, IL 60516
Property profile & analytics
1560 75Th St Downers Grove, IL 60516
- Medical Office Space
- 3,903 SF
- 0.89 lot acres
Property ID
US28-0420010
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.
Location Intelligence
Current Use by Public Records
- Four Corners / Shopping Center & Mall
Property Details for 1560 75Th St
- Year built
- 1985
- Lot size
- 0.89 lot acres
- Property size
- 3,903 SF
- Zone code
- N
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 09-30-201-013
- APU
- 930201013
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $860,000
- 6.5%
- $795,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $704,000
Market price range: $156k - $704k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $880,000 Current use
- COMMERCIAL (GENERAL)
- $865,000 Change: -2% Conversion: Easy
- RETAIL STORES
- $840,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Downers Grove
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0207
- Latitude
- 41.7515
- 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
$23,292
$152,410
$239,430
$391,840
-
$457,230
$718,290
$1,175,520
