For Lease
$398.28/SF/YR

535 Ogden Ave Downers Grove, IL 60515

Prime Retail Space, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional retail opportunity presents a 3,978-square-foot single-story building situated on a 0.81-acre corner lot at 535 Ogden Avenue in Downers Grove, Illinois. Built in 2005, the property boasts a former bank branch layout, offering a unique and adaptable space for a variety of retail uses. The building is entirely vacant, providing immediate occupancy for a new tenant. The high-traffic location on Ogden Avenue benefits from an average daily traffic count of 38,144 vehicles. Ample parking is available with 16 spaces, and the existing bank drive-through lanes offer potential for expansion. The property is zoned B-3 within Downers Grove, allowing for a range of commercial uses. DuPage County location and the 60515 zip code offer excellent access to a thriving community. Annual property taxes are $3.87 per square foot. This property presents a rare opportunity to acquire a well-located, versatile retail space in a desirable market. The building's modern construction and convenient amenities make it an ideal investment for discerning buyers seeking a strong return. The expansive lot size and existing infrastructure provide significant potential for future development or expansion.

Highlights

  • Former bank branch, 3,978 SF single-story building.
  • Excellent Ogden Ave. location, 38,144 VPD.
  • B-3 zoning, Downers Grove, IL.
  • Easily adaptable for various retail uses.
  • 0.75-acre corner lot.

Property Details for 535 Ogden Ave

Property type
Retail properties
RSF (Rentable sq. ft)
3,978 SF
Year Built
2005
Stories
1

Unit(s) available at that property

Space
Size
3,978 SF
Rate per SF
$398.28

Location Insight

City
Downers Grove
County
Dupage
State
Illinois
Latitude
41.809040522222
Longitude
-87.999523413589

FAQs

What type of property is this?
Retail property - Prime Retail Space, High Traffic Location
Where is the retail property located?
The property is located at 535 Ogden Ave Downers Grove, IL.
What is the lease rate?
The lease rate is $398.28/SF/YR.
What are key features of this property?
This property features: Former bank branch, 3,978 SF single-story building.; Excellent Ogden Ave. location, 38,144 VPD.; B-3 zoning, Downers Grove, IL.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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535 Ogden Ave
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