Downers Grove, IL Commercial Real Estate for Lease and Sale

Explore 46 listings of Downers Grove commercial real estate to find the best space for your business.

Esplanade IV

1901 Butterfield Road, Morton Arboretum, Downers Grove, IL
Property

Office

278,285 SF
Availability

10 Spaces

86,763 SF
Year Built

1999
For Lease

$32.26 - $32.81/SF/YR
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LocalWorks Downers Grove
LocalWorks
2001 Butterfield Road #320, Downers Grove, IL
Services

Virtual Office

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Fitness center

Free water

High-speed wifi

Kitchen

Printer

Window view
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Esplanade R&D

3131 Woodcreek Drive, Morton Arboretum, Downers Grove, IL
Property

Office

72,929 SF
Availability

1 Space

72,929 SF
Year Built

1991
For Lease

$15.59/SF/YR
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Highland Landmark IV

3050 Highland Parkway, Lyman Woods County Forest Preserve, Downers Grove, IL
Property

Office

260,852 SF
Availability

8 Spaces

254,900 SF
Year Built

2002
For Lease

$19.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Land
Highland Atrium

1101 West 31st Street, Mistwood, Downers Grove, IL
Property

Office

68,251 SF
Year Built

1983
For Sale Contact for pricing
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1035 Havens Ct

1035 Havens Ct, Westbrook, Downers Grove, IL
Property

Office

12,557 SF
Availability

3 Spaces

6,406 SF
Year Built

1985
For Lease

$13.00 - $17.00/SF/YR
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Downers Grove Plaza | In-line & Outparcel Opportunities

124 Ogden Avenue, Longmeadow, Downers Grove, IL
Property

Retail

88,634 SF
Availability

1 Space

3,200 SF
For Lease

$24.00/SF/YR
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Downers Grove - Freestanding Building

75th street and lemont, Fox Wood Estates, Downers Grove, IL
Property

Retail
Availability

1 Space

3,543 SF
For Lease Contact for pricing
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2300 Warrenville Road

2300 Warrenville Road, Fairway Grove, Downers Grove, IL
Property

Office

155,961 SF
Availability

2 Spaces

27,265 SF
Year Built

1963
For Lease Contact for pricing
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Ellsworth Industrial Park - 5300 Katrine Avenue

5300 Katrine Avenue, Cameo, Downers Grove, IL
Property

Industrial

109,000 SF
Availability

1 Space

109,000 SF
Year Built

1961
For Lease Contact for pricing
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Highland Landmark II

3025 Highland Pkwy, Lyman Woods County Forest Preserve, Downers Grove, IL
Property

Office

277,814 SF
Availability

5 Spaces

31,156 SF
Year Built

1998
For Lease Contact for pricing
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Drendel Commons

2577 Ogden Ave, The Villas of Versailles, Downers Grove, IL
Property

Retail

11,919 SF
Availability

1 Space

1,600 SF
For Lease

$22.00/SF/YR
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Esplanade I

2001 Butterfield Road, Morton Arboretum, Downers Grove, IL
Property

Office

536,322 SF
Availability

22 Spaces

131,728 SF
Year Built

1990
For Lease

$32.35/SF/YR
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4340 Wilson Avenue

4340 Wilson Avenue, Downtown Downers Grove, Downers Grove, IL
Property

Multi-Family

1 SF
For Sale

$975,000
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Highland Atrium

1101 West 31st Street, Mistwood, Downers Grove, IL
Property

Office

68,251 SF
Availability

1 Space

10,000 SF
Year Built

1981
For Lease

$18.00/SF/YR
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Executive Towers West II

1411 Opus Place, Innisbrook, Downers Grove, IL
Property

Office

232,488 SF
Availability

1 Space

4,592 SF
Year Built

1984
For Lease

$18.00/SF/YR
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2300 Warrenville Road

2300 Warrenville Road, Fairway Grove, Downers Grove, IL
Property

Office

156,000 SF
Availability

1 Space

12,138 SF
Year Built

1963
For Lease Contact for pricing
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1401-1425 & 2800-2818 Centre Circle & 1400-1436 Brook Drive

1401 Centre Circle, Innisbrook, Downers Grove, IL
Property

Industrial

137,751 SF
Availability

9 Spaces

38,852 SF
Year Built

1975
For Lease Contact for pricing
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The Grove

1206-1530 75th St, Dunham Place, Downers Grove, IL
Property

Retail

592,532 SF
Availability

16 Spaces

253,811 SF
Year Built

1986
For Lease

$11.00 - $18.00/SF/YR
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Esplanade V

3250 Lacey Road, Morton Arboretum, Downers Grove, IL
Property

Office

163,624 SF
Availability

5 Spaces

62,861 SF
Year Built

2002
For Lease

$33.41/SF/YR
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Main Street Square - Downers Grove

2966 Finley Road, Innisbrook, Downers Grove, IL
Property

Retail
Availability

2 Spaces

4,050 SF
For Lease Contact for pricing
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Finley Point

3333 Finley Road , Innisbrook, Downers Grove, IL
Property

Office

223,771 SF
Availability

3 Spaces

13,923 SF
Year Built

1998
For Lease Contact for pricing
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1229 Ogden Ave

1229 Ogden Ave, Downtown Downers Grove, Downers Grove, IL
Property

Retail

4,020 SF
Availability

1 Space

4,020 SF
For Lease

$18.00/SF/YR
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1711 Ogden Ave

1711 Ogden Ave, Downtown Downers Grove, Downers Grove, IL
Property

Retail

3,500 SF
Year Built

1996
For Sale

$1,200,000
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Corridors II

2655 Warrenville Road, Fairway Grove, Downers Grove, IL
Property

Office

149,896 SF
Availability

1 Space

20,769 SF
Year Built

1999
For Lease Contact for pricing
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Esplanade at Locust Point II

3500 Lacey Road, Morton Arboretum, Downers Grove, IL
Property

Office

584,000 SF
Availability

3 Spaces

71,084 SF
Year Built

1992
For Lease Contact for pricing
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6900-6912 Main Street

6900-6912 Main Street, Regency Grove, Downers Grove, IL
Property

Office

48,288 SF
Year Built

1985
For Sale

$2,350,000
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Executive Towers West
Regus
1431 Opus Place #110, Downers Grove, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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5111 Main Street
Enclave
5111 Main Street, Downers Grove, IL
Services

Open Workspace
Amenities

Bar

Complimentary coffee & tea

High-speed internet

Lockers

Lounge area

Printer

Privacy booths

Snacks
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2539 Ogden Ave

2539 Ogden Ave, The Villas of Versailles, Downers Grove, IL
Property

VacantLand

1.5 Acre
For Sale Contact for pricing
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Esplanade At Locust Point Land

Lacey Rd, Morton Arboretum, Downers Grove, IL
Property

VacantLand

4.43 Acre
For Sale Contact for pricing
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2512 Wisconsin Ave

2512 Wisconsin Ave, Bending Oaks, Downers Grove, IL
Property

Industrial

7,200 SF
Availability

1 Space

7,200 SF
For Lease

$12.00/SF/YR
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The Grove Shopping Center

1212 75th Street, Dunham Place, Downers Grove, IL
Property

Retail

332,223 SF
Availability

13 Spaces

215,433 SF
Year Built

1984
For Lease Contact for pricing
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1560 75th St

1560 75th St, Dunham Place, Downers Grove, IL
Property

Office

3,867 SF
Availability

1 Space

3,867 SF
Year Built

1985
For Lease Contact for pricing
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4945 Forest Ave

4945 Forest Ave, Downtown Downers Grove, Downers Grove, IL
Property

Office

2,426 SF
Year Built

1912
For Sale

$475,000
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Esplanade at Locust Point Land

Lacey Rd, Morton Arboretum, Downers Grove, IL
Property

VacantLand

1.38 Acre
For Sale Contact for pricing
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2500 - 2518 WISCONSIN AVENUE

2500 - 2518 WISCONSIN AVENUE, Bending Oaks, Downers Grove, IL
Property

Industrial

46,000 SF
Availability

1 Space

7,200 SF
For Lease

$12.00/SF/YR
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Finley Square

NEC Butterfield Road & Finley Road, Innisbrook, Downers Grove, IL
Property

Retail

315,000 SF
Availability

6 Spaces

130,585 SF
For Lease Contact for pricing
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Woodland Corporate Tower

1333 Butterfield Rd Downers Grove 60518 USA, Innisbrook, Downers Grove, IL
Property

Office
Availability

1 Space

4,815 SF
Year Built

1984
For Lease Contact for pricing
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Chestnut Court

SEC 75th St & Lemont Rd, Fox Wood Estates, Darien, IL
Property

Retail

172,818 SF
Availability

8 Spaces

51,667 SF
For Lease Contact for pricing
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Downers Grove Court

1105 Ogden Avenue, Downtown Downers Grove, Downers Grove, IL
Property

Retail

1,482 SF
Availability

1 Space

1,482 SF
For Lease Contact for pricing
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Meadowbrook Shopping Center

6400 Woodward Street, Prentiss Creek, Downers Grove, IL
Property

Retail

190,000 SF
Availability

12 Spaces

60,973 SF
Year Built

1967
For Lease Contact for pricing
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5200 Thatcher Road
Warespace
5200 Thatcher Road, Downers Grove, IL
Services

Meeting Room

Private Office
Amenities

24/7 security

Business address

Heating & A/C

High-speed wifi

Kitchen

Loading docks

Lounge area
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Esplanade At Locust Point Land

Lacey Rd, Morton Arboretum, Downers Grove, IL
Property

VacantLand

13.2 Acre
For Sale Contact for pricing
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Woodridge Shoppes

I-355 and Boughton Road, Cameo, Woodridge, IL
Property

Retail

8,951 SF
Availability

1 Space

1,227 SF
For Lease Contact for pricing
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High-End FUrnished Sublease

3333 Finley Rd, Innisbrook, Downers Grove, IL
Property

Office
Availability

1 Space

25,331 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Downers Grove commercial real estate market incorporates 3,505,616 square feet of office space across 20 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Downers Grove commercial real estate market includes 1,724,225 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Downers Grove market, there is a total of 299,951 square feet of industrial property.

The listing inventory in Downers Grove incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Downers Grove is represented by Office space, which accounts for 844,020 square feet of available listings. Retail space available in Downers Grove adds up to 787,395 square feet.

Meanwhile, most of the listings of commercial property for sale in Downers Grove are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Downers Grove is $32.08 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Downers Grove can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Downers Grove, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Downers Grove is in the Dunham Place neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Lyman Woods County Forest Preserve area.

Meanwhile, retail space opportunities are most abundant in the Dunham Place submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Innisbrook.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $33.41 per square foot. In particular, the property type commanding the highest lease rates in Downers Grove was Office space.

The average size of a commercial property in Downers Grove depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Downers Grove, the average size of an office property is 194,757 square feet.
Retail properties here incorporate an average of 143,686 square feet.
Industrial space in Downers Grove is in buildings that are, on average 74,988 square feet in size.

Downers Grove, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Downers Grove currently add up to 1,782,674 square feet. The market offers 17 active office listing(s), which amount to 840,527 square feet and account for 51% of commercial spaces on the market. Local retail availability includes 779,895 square feet across 12 retail space(s). Industrial space for rent opportunities in Downers Grove amount to 162,252 square feet across a total of 4 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	17	840,527
Retail	12	779,895
Industrial	4	162,252

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Downers Grove, IL. Currently, there is 125,633 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	3	118,965
Retail	1	6,646
Other	5	22

Downers Grove, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Downers Grove, IL?

What factors affect the price of commercial real estate in Downers Grove, IL?

What is the average rent for commercial space in Downers Grove, IL?

What are the best areas for commercial real estate in Downers Grove, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Downers Grove, IL?

Downers Grove, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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