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$ 1,350,000
Est. payment /mo
Active
2051 Ogden AVE Downers Grove, IL 60515
11,886 SqFt
UPDATED:
02/06/2025 06:07 AM
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 11,886 sqft
Price per Sqft $113
MLS Listing ID 12277416
Year Built 1970
Annual Tax Amount $20,271
Tax Year 2023
Lot Size 0.340 Acres
Lot Dimensions 100 X 148
Property Sub-Type Office/Tech
Property 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.
Location
State IL
County Dupage
Area Downers Grove
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Office/Tech
Level or Stories 2
Structure Type Concrete
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Listed by Josie Ashmore • Coldwell Banker Realty
Craig Hogan | Rudy Zavala
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