Shopping Center

Downers Grove, IL Shopping Centers for Sale

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Redevelopment-Oriented Retail Shopping Center
Updated: Apr 12
Redevelopment-Oriented Retail Shopping Center

2001-2153 W. 63rd St, Downers Grove, IL 60516

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184,497 sqft
Meadowbrook Shopping Center includes three inline multi‑tenant retail buildings totaling 184,497 SF.
Features a 4,000 SF outlot on a hard corner at the signalized intersection of 63rd Street & Woodward Avenue.
Currently 66.6% leased with in‑place Net Operating Income (NOI) of $809,537.
Ownership invested $1,000,000+ (2019–2021) in renovations to the facade and parking lot.
On‑site parking includes approx. 713 surface spaces (3.78/1,000 SF).
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Downers Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Retail Shopping Center
Multi-Tenant Retail Shopping Center

402-440 Weber Road, Romeoville, IL 60446

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29,209 sqft

This 69% leased multi-tenant retail center features a new roof installation and value-add lease-up of remaining space.

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Prime Retail and Restaurant Space
Prime Retail and Restaurant Space

2764 Aurora Ave, Naperville, IL 60540

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52,101 sqft

Retail and restaurant spaces in a busy Naperville retail corridor.

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Freestanding Building with Drive-Thru
Freestanding Building with Drive-Thru

495 Weber Rd, Romeoville, IL

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5,258 sqft 19.96 AC lot

5,258 SF building with drive-thru on hard corner.

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Retail Project in Downtown Naperville
Retail Project in Downtown Naperville

227 South Main Street |, Naperville, IL 60540

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Prime retail location anchoring downtown Naperville's key intersections.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

The corner parcel accommodates concepts ranging from individual retail buildings to a multi-tenant strip center.

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Homer Glen Commercial Land
Homer Glen Commercial Land

15551 W 143RD Street, Homer Glen, IL 60491

$4,900,000
14.00 AC lot

14 acres in Homer Glen, signaled intersection, high-end commercial development.

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Romeoville Development Opportunity on Weber
Romeoville Development Opportunity on Weber

N Weber Road, Romeoville, IL 60446

$549,750
3.47 AC lot

3.474 acre site in thriving commercial area on Weber Rd.

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Aurora Land Ready for Development
Aurora Land Ready for Development

1900 E New York Street, Aurora, IL 60502

$950,000
13.00 AC lot

13-acre land offering in Aurora, IL, for commercial or mixed-use development.

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Downers Grove, IL Shopping Centers Market Trends and Statistics

Explore 1 shopping centers for sale in Downers Grove, IL on our real estate platform. These investment opportunities span a total of 184,497 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Shopping centers 5
Automotive properties 3
Auto shops 2
Gas stations 1

Demographics Overview

Population 91K
Population Growth (5Y) +0.7%
Median Household Income $111,414
College Educated 74.7%

Taxes & Financing

Tax Rate (average for all types) 6.18%
Property Tax per SF $81.76 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DuPage County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Downers Grove fall within the 100,000+ square foot range.

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