Property profile

4900 Main St Downers Grove, IL 60515

OFF-MARKET
Medical Office Space
Property ID
US28-1400413
5,813 SF 0.3 ac lot Built 1970
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1970
Total area 5,813 SF
Lot 0.3 ac (13,068 SF)
Zoning code C
APN 09-08-116-031
UPID US28-1400413

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health
  • Physician
  • Physician
  • Physician
  • Physician

Location

4900 Main St Downers Grove, IL 60515-3611
Downers Grove metro Census 844902 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.15M
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$2.20M

Owner & transaction history

since 2020
Last sale
$1.8M
4 recorded transactions
2020
$1.8M
2011
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C · Downers Grove, IL
Top alternative use upside
Auto repair, garage $2.1M +57.1%
Restaurant $1.8M +38.1%
Commercial (general) $1.4M +9.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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