5201 Washington St, Downers Grove, IL 60515-4785
This exceptional 887-square-foot office space is situated in the heart of downtown Downers Grove, offering unparalleled convenience and a professional image. Located in a single-story, 3,215-square-foot building constructed in 1986 and renovated the same year, this suite is one of four within the building and is currently vacant. The space boasts three private offices, a well-appointed kitchenette, a spacious reception area, and a private washroom, providing ample room for a small business or professional practice. Three dedicated parking spaces are included, eliminating the hassle of finding parking in a busy downtown area. The building sits on a 0.3-acre lot and is zoned B. Its prime location offers easy access to a variety of amenities, including restaurants and shopping, all within walking distance. Excellent highway access is provided by the proximity to I-355, I-88, and I-55, as well as the Metra train. The property's address is 5201 Washington Street, with a cross street of Maple Avenue, and its Assessor's Parcel Number (APN) is 0908307022. This is a rare opportunity to secure a highly desirable office space in a thriving downtown location. The minimum divisible space is 887 square feet, and the maximum contiguous space available is also 887 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Downers Grove, ILDowners Grove. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.