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$ 1,189,620
Est. payment | /mo
11,886 SqFt
$ 1,189,620
Est. payment | /mo
11,886 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 11,886 sqft
Price per Sqft $100
MLS Listing ID 12432992
Year Built 1970
Annual Tax Amount $20,271
Tax Year 2023
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
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Concrete
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Listed by Josie Ashmore • Baird & Warner
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States