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Investment Highlights

  • 13,705-square-foot industrial building on 0.94 acres in Ellsworth Business Park.
  • Flexible design allows conversion to three separate units with private entrances.
  • Convenient access to I-355 and major regional transportation routes.
  • 100% net leased to a single tenant through March 2026, providing stable income.
  • Features include three drive-in doors, one dock-high door, and a clear height of 16 feet.

Executive Summary

This industrial property offers a prime investment or future owner-user opportunity within Ellsworth Business Park in Downers Grove, Illinois. The single-story building spans 13,705 square feet on a 0.94-acre lot and is strategically located near the I-355 and Maple Avenue interchange, providing excellent regional connectivity.
Currently 100% net leased to a single tenant through March 31, 2026, the property generates stable income with a 7.43% cap rate. Upon lease expiration, the building can be easily reconfigured into three separate units with private entrances, offering flexibility for multi-tenant occupancy. The facility features three overhead drive-in doors, one exterior dock, and one interior overhead door, supporting a range of light industrial and distribution uses. Additional amenities include a large kitchen/lunchroom, four washrooms plus a shower room, and high-end office finishes. The building is fully sprinklered and offers a clear ceiling height of 16 feet.
With its desirable location, adaptable layout, and strong existing income, this property represents a compelling acquisition for investors or businesses seeking a well-positioned industrial asset in a thriving suburban market.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Taxes $23,045 $1.68
Operating Expenses - -
Total Expenses $23,045 $1.68

Financial Summary (Actual - 2024)

Taxes
Annual $23,045
Annual Per SF $1.68
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $23,045
Annual Per SF $1.68

Property Facts Under Contract

Price $1,939,000
Price Per SF $141.48
Sale Type Investment
Cap Rate 7.43%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.94 AC
Rentable Building Area 13,705 SF
No. Stories 1
Year Built 1990
Parking Ratio 2.19/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 3
Zoning ORM

Amenities

  • Signage

Utilities

  • Water - City
  • Sewer - City
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
08-11-210-011
Land Assessment
$119,913
Improvements Assessment
$251,781
Total Assessment
$371,694
Annual Taxes
$23,045 ($1.68/SF)
Tax Year
2024
  • Listing ID: 35156888

  • Date on Market: 3/16/2025

  • Last Updated:

  • Address: 2800 Hitchcock Ave, Downers Grove, IL 60515

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