Property profile

6800 Main St Downers Grove, IL 60516

FOR LEASE
Medical Office Space
Property ID
US28-0076932
31,488 SF 3.1 ac lot Built 1971
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office space at 6800 Main Street, Downers Grove, IL 60516, offers a variety of configurations to suit diverse business needs. Located in the prestigious Greenbriar Medical Center, this property provides a professional and convenient setting for various office types, including creative, medical, coworking, executive, and traditional office spaces. The building boasts ample parking on both the east and west sides, ensuring convenient access for staff and clients. Its prime location on Main Street offers excellent visibility and accessibility, with the added benefit of proximity to Advocate, a major healthcare provider. The building itself is well-maintained and clean, providing a welcoming and productive work environment. Tenancy is multiple, allowing for flexibility in lease terms and space requirements. The property is situated in DuPage County, Illinois, and enjoys easy access to I-355, providing convenient commutes for employees and clients. Join a thriving community of established businesses, including Grove Dental and Edward Jones, within this sought-after medical center. This is an unparalleled opportunity to establish or expand your business in a prime Downers Grove location. Inquire today to learn more about available spaces and lease options.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Total area 31,488 SF
Lot 3.1 ac (135,036 SF)
Zoning code C
APN 09-20-300-017
UPID US28-0076932

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

6800 Main St Downers Grove, IL 60516
Downers Grove metro Census 845704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.42M
Comparable Approach Comparable
$5.45M
Blend (final) Blend
$5.03M

Owner & transaction history

since 2019
6 recorded transactions
2021
Price N/A
2019
$2.1M
2016
Price N/A
2007
$5.2M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

C · Downers Grove, IL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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