1560 75Th StDowners Grove, IL 60516

Property Details for 1560 75Th St

Year built

1985

Lot size

0.89 AC

Property size (Sq ft)

3,903 SF

Zone code

N

Property type

Medical offices

Property subtype

Medical centers

APN

09-30-201-013

APU

930201013

Description

This exceptional 3,543-square-foot freestanding retail building is ideally situated at 1560 75th Street in Downers Grove, Illinois, within DuPage County (zip code 60516). The property boasts a single-tenant occupancy and is categorized as a small shop, offering significant potential for a variety of businesses. Its prime location on a highly trafficked section of 75th Street ensures exceptional visibility and accessibility, with over 26,000 vehicles passing daily. This vibrant commercial corridor is home to a diverse range of established national tenants, including AtHome, Petco, and Wendy's, creating a strong and desirable retail environment. The building's design is adaptable and could accommodate a wide range of businesses, particularly those requiring drive-thru capabilities. This presents a unique opportunity for businesses seeking high visibility and convenient access for customers. The property's location within the thriving Downers Grove market offers excellent potential for growth and return on investment. This freestanding building provides a rare opportunity to establish a strong presence in a highly sought-after retail area. The property is easily accessible from major roadways, ensuring convenient access for both employees and customers. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,174,868

  6.5%

  $1,084,493

  7%

  $1,007,029

• Comparable approach

  Method

  Valuation

  Relative Method

  $508,366

  Geo Method

  $508,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,344,771

  Hospitality

  $1,231,803

  Educational

  $1,024,846

  Medical

  $1,060,092

  Retail

  $1,594,205

Location Insight

City

Downers Grove

County

Dupage

State

Illinois

Latitude

41.7515

Longitude

-88.0207

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].