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4910 Main St 2,277 SF 100% Leased Office Building Downers Grove, IL 60515 $1,200,000 ($527.01/SF) 5.54% Cap Rate



Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,277 SF
Building Class
C
Year Built/Renovated
1979/2023
Price
$1,200,000
Price Per SF
$527.01
Cap Rate
5.54%
NOI
$66,500
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,139 SF
Building FAR
0.33
Lot Size
0.16 AC
Zoning
DB - Downtown Business District
Parking
12 Spaces (5.27 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-08-116-016 | Improvements Assessment | $109,095 |
| Land Assessment | $98,011 | Total Assessment | $207,106 |
Property Taxes
Parcel Number
09-08-116-016
Land Assessment
$98,011
Improvements Assessment
$109,095
Total Assessment
$207,106
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