2051 Ogden Ave,Downers Grove, IL 60515
Downers Grove, IL 60515
Description
PRIME INVESTMENT OPPORTUNITY 2051 Ogden Avenue, Downers Grove, Illinois PROPERTY OVERVIEW Fully leased, 11,886 SF multi-tenant office building positioned along high-traffic Ogden Avenue with 25,400 VPD. This strategic investment opportunity combines excellent visibility, strong market fundamentals, and stable income potential in thriving Downers Grove. BUILDING SPECIFICATIONS * Building Size: 11,886 SF * Lot Size: 0.34 acres * Year Built: 1970 * Construction: Reinforced concrete * Stories: Two levels * Building Class: C * Zoning: B-1 (versatile business district) * Parking Ratio: 1.68 spaces per 1,000 SF * Occupancy: Fully leased PROPERTY HIGHLIGHTS * Premium Ogden Avenue frontage with exceptional visibility * Two-level configuration offering flexible office and storage space * Ideal for businesses requiring manufacturing capabilities with office space * Recently updated building systems and improvements * Established tenant mix generating stable income * Well-maintained property with professional management LOCATION ADVANTAGES * Less than 1 mile from I-88/I-355 interchange * Located in Downers Grove's premier business corridor * Dense retail environment with strong corporate presence * Surrounded by premium retail, dining, and residential developments * Strong demographic profile with high daytime population * Excellent accessibility to major transportation arteries MARKET FUNDAMENTALS * Established and growing business district * Strong local economy with diverse employment base * Robust retail corridor with high consumer traffic * Increasing property values in surrounding area * Consistent tenant demand for office space INVESTMENT HIGHLIGHTS * Fully occupied with diverse tenant mix * Proven location with strong historical occupancy * Value-add potential through strategic management * Competitive market rents * Stable cash flow with long-term appreciation potential DUE DILIGENCE MATERIALS AVAILABLE * Current rent roll * Operating expense history * Recent capital improvements * Property condition report * Market analysis Contact listing broker for additional information, pricing, and property tour. Note: Property specifications, tenant information, and financial data available to qualified buyers upon execution of NDA.
Details
| MLS # | 12277416 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 140 |
| Listing Provided By | Coldwell Banker Realty | Josie Ashmore |
Features
| SQ Feet | 11,886 |
|---|---|
| Story(s) | 2 |
| Zoning | OFFIC |
| Acreage | 0.34 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Concrete |
Taxes
| Property | 20271 |
|---|
Market Activity 60515
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Learn More About This Property
| State | IL |
|---|---|
| County | DuPage |
| City | Downers Grove |
| Zip Code | 60515 |
| Area | Downers Grove |
| Listing VS Median (in 60515) | |
Price: $1,189,620 low | high Med: $489,900 SqFt: 11,886 low | high Med: 1,367 $ / SqFt: $100 low | high Med: $358 On site: 140 low | high Med: 9.000000 | |