4910 Main St Downers Grove, IL 60515-3611
- Office Properties & Spaces
- 2,277 SF
- 0.16 lot acres
Oct 03, 2023
Current Use by Public Records
- Mc Leod Software / Software Company
- Enterprise Information Solutions, Inc (EIS) / Software Company / Computer Consultant
Property Details for 4910 Main St
- Year built
- 1979
- Lot size
- 0.16 lot acres
- Property size
- 2,277 SF
- Zone code
- C
- Property type
- Office Properties & Spaces
- APN
- 09-08-116-016
- APU
- 908116016
Description
Located in the heart of downtown Downers Grove, Illinois, DG Commons at 4910 Main Street offers a variety of private office suites perfect for businesses of all sizes. These traditional, executive, and creative office spaces start at $500 per month and include utilities and WiFi. The modern, updated environment provides a professional atmosphere with convenient shared amenities. On-site parking is available, eliminating the hassle of finding street parking. The building's prime location is just one block from a vibrant array of restaurants, shops, cafes, and the Metra train station, offering unparalleled convenience for both employees and clients. This is an ideal solution for small business owners, creative professionals, individuals who work remotely, those needing a satellite office, or anyone looking to upgrade from a home office. The multiple tenancy structure allows for flexibility and a diverse professional community. The property is situated in Downers Grove, IL, zip code 60515, offering easy access to major transportation routes.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $490,000
- ML approach
- $520,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $640,000
- 6.5%
- $590,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $720,000
- AI Estimate
- $500,000
Market price range: $400k - $721kMarket price range: $144k - $500k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $560,000 Current use
- AUTO REPAIR, GARAGE
- $805,000 Change: +43% Conversion: Difficult
- MEDICAL BUILDING
- $515,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $490,000 Change: -13% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Downers Grove
- County
- Dupage
- State
- Illinois
- Longitude
- -88.011
- Latitude
- 41.7981
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA