4910 Main St - Office FOR SALE


Downers Grove, IL 60515
$1,200,000 USD
708-334-1841
4910 Main St, Downers Grove, IL for Sale
$1,200,000 USD
Office - FOR SALE
1/18
null | 5.54% Cap Rate

4910 Main St
Downers Grove, IL 60515


OVERVIEW

An exceptional commercial property investment opportunity located in the heart of Downtown Downers Grove, Illinois. The property has been fully updated throughout—including brand-new interior finishes, electrical, plumbing, 3 full/updated bathrooms, modern kitchens, LED lighting throughout, HVAC systems, and new flooring. Additionally, the property features high-speed hardwired internet and Wi-Fi networks throughout, a modern keyless entry system, and complete security camera coverage—all specifically engineered for seamless turnkey operation and low long-term maintenance costs. Downtown Business (DB) District Zoning: Located in Downers Grove’s premier DB zoning district, encouraging vibrant commercial, retail, office, and mixed-use development. Development & Height Capacity: Flexible DB zoning permissions allow building heights up to 70 feet (up to 6 stories), opening up substantial vertical redevelopment and expansion potential. Commuter & Transit Access: Unmatched proximity and direct access to the Downers Grove Main Street Metra Station, providing high daily foot traffic and direct transit access to downtown Chicago. Dedicated Parking Lot: Private parking lot equipped with 12 designated parking spots—a highly sought-after amenity in downtown Downers Grove. Comprehensive Interior Capital Improvements: Completely modern interior finishes, updated kitchens, new flooring, and 3 fully upgraded bathrooms. Upgraded Mechanicals & Lighting: Brand-new electrical, plumbing, energy-efficient LED lighting throughout, and updated HVAC units designed for optimal performance. Advanced Tech & Security Integration: Integrated hardwired Ethernet and building-wide Wi-Fi infrastructure. Smart keyless entry system for seamless tenant access management. Comprehensive security camera coverage for enhanced property safety and monitoring. Dedicated Parking Capacity: 12 designated parking spots in private lot. Low Maintenance Overhead: Every primary system overhauled to minimize future maintenance demands and capital expenditures. Investment Opportunity: 4910 Main Street represents a turnkey commercial investment combining strong immediate cash flow, reduced operational overhead, high-tech infrastructure, and immediate upside through the lower-level office conversion plans along with long-term growth potential via Downers Grove DB zoning flexibility. For additional details or to schedule a private walkthrough, please contact listing representatives.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$527 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

DB

APN/PARCEL ID

09-08-116-016

ASK ABOUT THIS PROPERTY

Holly Carollo@properties | Christie's International Real EstateMore Info
708-334-1841

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Holly Carollo@properties | Christie's International Real EstateMore Info
708-334-1841

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.