Strip Center -Downers Grove, IL

Colliers is thrilled to introduce this exceptional real estate investment opportunity in the heart of a well-established and highly sought-after neighborhood. Sitting at 2241 – 2311 Maple Avenue in Downers Grove, IL, this strip center boasts a rich history of success and is home to prominent anchors such as J. C. Licht, Just Tires/Goodyear, Anytime Fitness, Dairy Queen, and other reputable businesses.
Positioned at the Southwest corner of Maple and Belmont Avenues just east of I-355, this property capitalizes on Downers Grove’s mature and affluent community. The property’s location benefits from local commuter patterns in addition to the Belmont train station, I-355 & I-88. In addition, the property sits just south of the 300-acre Ellsworth Industrial Park which boasts more than 130 tenants. The area is renowned for its prosperity, with a substantial and well-to-do population. The property enjoys the benefits of a robust demographic profile, with over 92,000 residents residing within a three-mile radius and an impressive average household income exceeding $132,000.
This exceptional strip center is now available for acquisition at a competitive price of $5,838,116 offering a compelling 7.75% cap rate. With its proven track record, prime location, and strong market fundamentals, this investment opportunity represents a solid and stable addition to any portfolio in an immensely desirable neighborhood. Don’t miss out on the chance to become a part of this thriving community and seize this prime investment offering.