4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 1 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 2 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 3 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 4 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 5 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 6 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 7 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 8 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 9 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 10 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 11 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 12 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 13 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 14 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 15 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 16 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 17 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 18 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 19 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 20 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 21 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 22 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 23 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 24 4901-03 Forest Avenue, DOWNERS GROVE IL 60515 Photo 25
Listing Courtesy of Joe Pepitone Realtors

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4901-03 Forest Avenue - Gateway to Vibrant Downtown Downers Grove! Ample parking and alley Access! Less restrictions than Main Street. Prime Corner location, 2 lots with alley access. High Visibility~16,500+ cars per day! Located within TIF/CBD special services (public sidewalks plowed by Village). Existing buildings currently leased as office space, allows income while you plan. Redevelopment Possible ~ Double lot could support 15+ unit apt/condo building. Imagine the possibilities! 4901 + 4903 Forest offered as a package. Sale of one building may be considered. Owner is IL RE Broker.

Listing information

  • MLS® ID: 09076477
  • Status: Active
  • New Construction: No
  • County: Du Page
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1900
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $13,700

Features

Air Conditioning Central Air
Approximate Age Older
Backup Info Appraisal, Existing Survey, Topographic Maps
Built Before 1978 (Y/N) Yes
Construction Wood Frame
Current Use Commercial, Special Use
Docks None
Electrical Service Circuit Breakers
Fire Protection Alarm Monitored
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Far West
Heat/Ventilation Forced Air, Gas
Information Show-Key in Listing Office
Location Central Business District, Corner, Mixed Use Area
Misc Inside Basement, Multi-Tenant, Pre-wired PC Network, Private Restroom/s, Storage Inside
Misc Outside Enclosed Porch
Other # Of Apts - 0, # Of Offices - 12, # Of Tenants - 4, # Of Units - 2, Approx Total Bldg Sq Ft - 3654, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 0, Gross Rental Income $ - 66000, Insurance Expense - 0, Net Oper Income $ - 0, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2014, Total Annual Exp - 0, Total Annual Income - 0, Total Monthly Income - 5500, Township - Downers Grove, Water Expense - 0, Zoning Type - Multi
Owners Assoc (Y/N) No
Ownership Type Limited Liability Corp
Possession Negotiable
Potential Use Commercial, Office and Research, Retail
Property Type Mixed Use
Roof Coverings Shingle Composition
Roof Structure Gable
Sale Terms Negotiable
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Scavenger, Varies by Tenant
Unincorporated (Y/N) No
Water Drainage Storm Sewers
Listing Courtesy of Joe Pepitone Realtors