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Property profile & analytics

5117 Main St Downers Grove, IL 60515

  • Commercial land
  • 0.01 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-3319380
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.

Current Use by Public Records

  • Wells Fargo Advisors Financial Network / Investment Service / Financial Consultant
  • Zaba Law Group, P.C. / Estate Planning Attorney / Real Estate Attorney
  • CityGate Real Estate, Inc. / Real Estate Agency
  • Jeni Medical Group / Medical Group
  • Tamakisha Meeks / Counselor

Property Details for 5117 Main St

Lot size
0.01 lot acres
Property type
Commercial land
APN
09-08-303-025
APU
908303025

Description

This exceptional office space at 5117 Main Street in downtown Downers Grove offers a unique blend of traditional and creative office environments. The first-floor loft-style suite boasts a recently completed renovation, showcasing modern finishes throughout. The space includes two private offices, a dedicated conference room, a stylish open kitchen bar perfect for informal meetings or collaborative work, a welcoming reception area, and a private bathroom. This sublease opportunity presents significantly below-market rental rates, making it an attractive option for businesses seeking a cost-effective yet sophisticated workspace. Alternatively, a lower-level suite is also available, offering convenient access to utilities, high-speed WIFI, a shared conference room, and a shared kitchen. The building's enviable location places it within half a block of the Metra Train Station, providing easy access to public transportation. Numerous amenities are within walking distance, including Starbucks, Peet's Coffee, the Downers Grove Public Library, the Post Office, a public parking garage, the Tivoli Theatre, and a variety of shopping and dining options. This property is ideal for businesses seeking a vibrant, well-connected, and fully equipped office space in the heart of Downers Grove. Monthly rent for the first-floor suite starts at $450. The lower-level suite's rental rate is not specified. Both options offer a compelling combination of convenience, modern amenities, and an unbeatable downtown location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Downers Grove
County
Dupage
State
Illinois
Longitude
-88.0097
Latitude
41.7945
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
$491
$7,290
$0.00
$7,290
-
$21,870
$0.00
$21,870
More about this property
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