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    Downers Grove, IL
    Strip Mall

    Downers Grove, IL Strip Malls for Sale

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    Retail Outlot at Shopping Center
    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 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.

    York Street Strip Mall
    York Street Strip Mall

    1035 S York St, Elmhurst, IL 60126

    $2,481,000
    6,400 sqft

    Six retail suites with established food, personal-care, and salon operators serve a medical-campus-oriented trade area.

    View details
    Neighborhood Shopping Center
    Neighborhood Shopping Center

    416-426 N. York Street, Elmhurst, IL 60126

    $2,820,000

    Service-oriented retail center serving an established suburban trade area with active leasing.

    View details
    Corner Redevelopment City Block
    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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    Renovated Six-Unit Strip Mall
    Renovated Six-Unit Strip Mall

    6417 South Ridgeland Avenue, Oak Lawn, IL 60453

    $3,300,000

    Six fully leased units provide established occupancy across the retail center.

    View details

    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

    Nearly two acres at a corner near I-294, I-55, and Route 83.

    View details
    Corner Commercial Land
    Corner Commercial Land

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Four adjoining parcels carry a COMMR zoning designation in Chicago.

    View details
    Commercial Development Land
    Commercial Development Land

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

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    Commercial Land at Signalized Intersection
    Commercial Land at Signalized Intersection

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    Large commercial land tract with adjacent sewer and water and possible shared access.

    View details

    Downers Grove, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Downers Grove, IL on our real estate platform.

    Sale prices for retail strips in Downers Grove, IL average $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 8
    Shopping centers 7
    Automotive properties 2
    Auto shops 1
    Gas stations 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Downers Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60516 $2M

    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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