Downers Grove, IL Strip malls for sale

Updated: Aug 20, 2025

Storefront Property with Drive-Through Possibility

1340 Ogden Avenue, Downers Grove, IL 60515

$2,350,000

1.00 AC lot

Approximately 12,000 SF of buildings on 1.0044 acres
Five total buildings with 3 different tenants
Drive‑through possibility
Ample rear and sides parking
Located on Ogden Ave at Venard Rd in a retail corridor and business district

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Updated: Aug 2

Retail Outlot at Shopping Center

Downers Grove, IL 60516

$1,950,000

2017 construction
Former urgent care outlot at The Grove shopping center
At the junction of 75th Street and Lemont Road
Just east of the I‑355 interchange
232,000 residents within a 5‑mile radius

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Retail Strip Center For Sale

6912-6926 W Roosevelt Road, Oak Park, IL 60304

$1,150,000

8,600 sqft

8,600 SF retail strip center in Oak Park, Illinois.

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Renovated Strip Center with 6 Units

6421 W 87th Street, Oak Lawn, IL 60453

$3,300,000

15,810 sqft 1.10 AC lot

Renovated in 2025, this strip center includes 6 fully leased units in a 15,810 SF building.

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Corner Redevelopment City Block

5620 West 95th Street, Oak Lawn, IL 60453

Contact for pricing

22,000 sqft

Entire city block offering strong visibility with high daily traffic on two major corridors.

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Office, Retail

6912 W Roosevelt Rd, Oak Park, IL 60304

Contact for pricing

8,600 sqft 0.31 AC lot

Strip malls · 8,600 SF

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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

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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Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000

0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800

2.53 AC lot

A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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Downers Grove, IL Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Downers Grove, IL on our real estate platform.

Sale prices for retail strips in Downers Grove, IL start at $1,950,000, averaging $2,150,000, and reaching up to $2,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60515	$2.4M

Neighborhood

Average Price

60515

$2.4M