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4949 Forest Ave 6,879 SF 67% Leased Office Building Downers Grove, IL 60515 $1,791,049 CAD ($260.36 CAD/SF)

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EXECUTIVE SUMMARY

One of the most unique loft style commercial buildings located in the heart of Downtown Downers Grove steps to Metra Train Station, restaurants, boutiques, Starbucks on Forest Avenue. Built in 1928 with historic brick construction has modern updates—such as roof, furnaces, parking lot, fire alarm and interior upgrades. Offers 3 levels of office space plus full lower level that is under-utilized with exterior entrance. Excellent investment opportunity to own and occupy your business onto the 2nd floor level. Public record provides 6,879 SF building, plus 2,669 sf lower level. Current leases only reflecting 5500 SF.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,879 SF
Building Class
B
Year Built
1920
Price
$1,791,049 CAD
Price Per SF
$260.36 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,293 SF
Slab To Slab
10’
Building FAR
0.79
Lot Size
0.20 AC
Zoning
C - Downtown Business
Parking
10 Spaces (1.45 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Founded in Chicago in 2000, Fultonbridge Partners is a Midwest merger and acquisition firm that is uniquely focused on providing business broker and corporate advisory services to technology, service and niche family-owned businesses. Not only does our team have extensive experience managing complex M&A transactions, we are also operators. So we have been on all sides of the deal and we understand what its like to be both a buyer and a seller of a business. With Fultonbridge Partners you can be assured you will receive the high touch, specialized service you could expect from a large business investment bank. We understand your business and how to get a deal done.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 200
  • 2,100 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
2nd Fl-Ste 200 2,100 SF Office - Now

2nd Fl-Ste 200

Size
2,100 SF
Space Use
Office
Condition
-
Available
Now
Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-08-116-013
Land Assessment
$159,611 CAD
Improvements Assessment
$177,640 CAD
Total Assessment
$337,252 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37111031

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 4949 Forest Ave, Downers Grove, IL 60515

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