retail for lease - loopnet
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1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
PROPERTY OVERVIEWKW Commercial is pleased to offer two restaurant spaces forlease: 1,500 SF ($20/SF net) & 1,750 SF ($23/SF net). Situatedin an outlet of the Grove Shopping Center, and across the streetfrom the Woodgrove Festival Shopping Plaza, these spaces arepart of a restaurant strip which include Chili’s, El Famous Burritoand many more. Located along 75th St, which provides avehicular traffic count of 27,480 daily vehicles.
PROPERTY FEATURESOne 1,750 SF restaurant
One 1,500 SF open use space
Easy ingress/egress
High visibility
Great space for a restaurant or any type of office and/orretail space
AVAILABLE SF: 1,500 & 1,750 SF
LEASE RATE: $20.00 - 23.00 SF/Yr NET
LOT SIZE: 6.8 Acres
BUILDING SIZE: 379,440 SF
CROSS STREETS: 75th St & Lemont Rd.
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
PROPERTY OVERVIEWTwo restaurant spaces for lease: 1,500 SF & 1,750 SF.
LOCATION OVERVIEWDowners Grove's roughly 50-minute (25-minute express)connection to the Loop via three BNSF Railway stationsprovides many working residents with a convenientcommute to the city. Nevertheless, Downers Grove itselfserves as headquarters for a multitude of locally, regionally,and nationally renowned businesses. Respective examplesinclude Every Day's a Sundae, Advocate Health Care,and Fortune 500 member Dover Corporation. The village isalso home to regional satellite offices of numerous nationalcorporations, including Microsoft, MetLife, and StateFarm.[8][9]Downers Grove's retail economy is largelysupported by the local section of Ogden Avenue. Formerlypart of U.S. Route 66, the stretch of Ogden Avenue thatweaves through Chicago's western suburbs is particularlyknown for its extensive range of automobile dealerships,classic car dealerships, and service centers. Brandsrepresented by Downers Grove auto groups include AstonMartin, Bentley, Chrysler-Dodge-Jeep-Ram, Ford,Lamborghini, Mazda, Mitsubishi, Nissan, and Volkswagen.Ogden—a colloquial shortening of the road's name—is alsoframed by a variety of grocery and convenience stores suchas CVS, Fresh Thyme Farmers Market, Jewel, Trader Joe's,and Walgreens. While the road serves primarily as a route todestinations, industrial and corporate parks that host theaforementioned headquarters can be found on Ogden'stributaries adjacent to major tollways such as I-355 or I-88.
1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
* Demographic data derived from 2010 US Census
1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
ETHNICITY 1 MILE 3 MILES 5 MILES
% HISPANIC 7.0% 9.2% 10.0%
RACE 1 MILE 3 MILES 5 MILES
% WHITE 76.0% 78.0% 78.2%
% BLACK 6.5% 7.5% 7.0%
% ASIAN 13.1% 9.3% 9.2%
% HAWAIIAN 0.1% 0.0% 0.0%
% INDIAN 0.3% 0.2% 0.2%
% OTHER 3.3% 3.6% 4.0%
POPULATION 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 12,893 105,389 244,623
MEDIAN AGE 40.4 39.7 39.5
MEDIAN AGE (MALE) 40.0 38.8 38.1
MEDIAN AGE (FEMALE) 41.3 40.8 40.7
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
TOTAL HOUSEHOLDS 5,035 41,061 94,981
# OF PERSONS PER HH 2.6 2.6 2.6
AVERAGE HH INCOME $88,687 $93,472 $94,232
AVERAGE HOUSE VALUE $349,526 $364,556 $366,356
1332-40 W. 75th St., Downers Grove, IL 60516
RETAIL FOR LEASE
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110EChicago, IL 60631
www.kwcommercial.com
MANNY REGALADOExecutive Vice [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior [email protected] #471.008387
WILLIAM KANATASSenior [email protected] #475-127023
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction. Each office independently owned and operated.
SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) AVAILABILITY
1332 W. 75th St, Downers Grove, IL 60516 Restaurant $23.00 SF/YR NNN 1,750 SF VACANT
1340 W. 75th St, Downers Grove, IL, 60516 Restaurant $20.00 SF/YR NNN 1,500 SF VACANT