5100 Main St., Downers Grove, IL 60515
mixed use building in downers grove
Size: 21,500 square feet
Located at the best corner of downtown Downers Grove, this three-story, mixed-use property combining retail and office, is steps from public parking and the Metra train. Downers Grove is regarded as a village of commerce with superior economic development.
We acquired the property knowing the HVAC systems and roof needed replacement, common areas needed upgrading and the building's sole tenant, a community bank, wanted to downsize. We knew that by completing the upgrades and implementing a strong marketing effort various retail and office users would be attracted to the formerly vacant and tired space.
Working with the City of Downers Grove to improve parking and to approve outdoor seating, we were able to attract notable retail and office tenants including Peet's Coffee, and the building is now 100% leased. This prominent building has become an example of success within Downers Grove's downtown district.