5222 Main Street Downers Grove, IL ^$ 1,750,000

5222 Main Street

^$ 1,750,000

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5222 Main Street

Downers Grove, IL, 60515

^$ 1,750,000

Studio Baths0.0 Sq 8,434

Monthly Estimate*

^$ 12,224

5222 Main Street, Downers Grove, IL 60515 - Image 1

5222 Main Street, Downers Grove, IL 60515 - Image 2

5222 Main Street, Downers Grove, IL 60515 - Image 3

5222 Main Street, Downers Grove, IL 60515 - Image 4

5222 Main Street, Downers Grove, IL 60515 - Image 5

5222 Main Street, Downers Grove, IL 60515 - Image 6

5222 Main Street, Downers Grove, IL 60515 - Image 7

Studio

Commercial Property for sale in Downers Grove, IL

for $1,750,000. This 8,434 square foot building was built in 1914 on a lot size of 0.05.

A gem in Downtown Downers Grove on Main Street. 8,400 sf over (3) floors. Exposed beams and ductwork. Chicago loft building vibe. Full Size Elevator to serves all floors. Handicap toilets on every floor. Open office floor plan 1st floor. 2nd Floor Executive offices with kitchen and glass enclosed conference room. 2nd Floor balcony over looking Main Street. 3rd floor Loft space. Lower lever with multiple private offices. Off street parking and short walk to public parking garage and Metra train line. Walk to dining, bars, and shopping. This is one that you need to tour to fully appreciate. Pictures do not do it justice. Terrific creative space to service many business types

Commercial Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 28,000

Style

Lot Size

0.05

Year Built

1914

Town/City

Downers Grove

County/Region

DuPage

MLS | Web ID

11756087

Features

General

Cooling Central Air

Year Built 1914

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Tax Stops Sewer

Stories 3

Tax Year 2021

Gross Income 1

County DuPage

Net Operating Income 1

Operating Expense 1

Property Type Commercial Sale Office/Tech

Status Active

Directions (1) Block South of the intersection of Maple and Main. West Side of the street

City Downers Grove

MLS Area Downers Grove

Lot Size Square Feet 3000

Street Name Main

Tax Annual Amount 28000

Additional Parcels Y/N N

Leasable Area 8434

Days on Market 356

Lease Type Gross

Standard Status Active

Exterior

Building Area Total 8434

Lot Dimensions 60 X60

Lot Size Acres 0.05

Interior

Street Suffix Street

* Excluded Features

List By

Patrick Commercial Real Estate

Broker

pat@patrickcommercial.com

Affordability Calculator

$14,558

Per Month

Monthly Principal & Interest: $12,224
Monthly Property Taxes: $2,333
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Downers Grove, IL

Average List Price ^$1,493,469

Percent of Sale Price 15%

About Downers Grove, IL

50,198 Population

0% Since 2002

^$87,923 Median Income

43.9 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/11/2023	$1,750,000	-2.78%	Price Down
10/12/2023	$1,800,000	-2.70%	Price Down
8/29/2023	$1,850,000	-2.63%	Price Down
4/11/2023	$1,900,000		Listed Price

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5222 Main Street, Downers Grove, IL, 60515 is a Commercial Property for sale at $1,750,000 with 8,434 sqft and a lot size of 0.05. 5222 Main Street is a studio with 0.0 baths and was built in 1914. The property's zip code is 60515 which is in Downers Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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5222 Main Street

Commercial Property for sale in Downers Grove, IL

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