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Restaurant For Lease • 2,434 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Retail | 2,434 SF | $24.00 USD/SF/YR | |
Located at 5115 Main Street in the center of Downtown Downers Grove, this 2,434-square-foot commercial property is being offered as an operating restaurant opportunity. The property is currently occupied by a Giordano’s franchise and is positioned within one of the western suburbs' most established downtown districts, benefiting from pedestrian traffic, nearby retail destinations, and direct access to the Metra station. The sale includes the restaurant business and related assets, providing a turnkey opportunity for a restaurant operator or investor. The Downtown Core zoning allows for numerous alternative commercial uses, creating long-term flexibility and redevelopment potential.
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This property is situated in the heart of downtown Downers Grove and it is within walking minutes from the Metra train station. This space is only for lease; it is not for sale. There are two options. First, you can lease the space and take over the existing Giordano's franchise pending approval from Giordano's corporate. Essentially, you would be paying rent for the space and you would also pay $200,000 for the existing Giordano's franchise. Or, second, you can just lease the space and put your own concept in this space; there are many permitted uses for this space such as, but not limited to, a restaurant, bar, a fitness center, a financial services firm or a law firm.
| 2,434 SF restaurant property located in the heart of Downtown Downers Grove. |
| Existing Giordano’s franchise location with established business operations and strong visibility along Main Street. |
| Walking distance to the Metra train station and surrounded by Downtown Downers Grove’s retail, dining, and entertainment district. |
| Downtown Core (DC) zoning permits a wide range of retail, restaurant, office, medical, fitness, entertainment, and mixed-use redevelopment opportuniti |
| Opportunity to continue restaurant operations or reposition the space for another permitted commercial use. |
| Municipal utilities and ample public parking available through nearby common and street parking. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Giordano's | ||
| Nikolopoulos John K |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Downers Grove Main Street Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 1 min | 3 min | 0.2 mi |
| Downers Grove Fairview Avenue Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 4 min | 18 min | 1.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Downers Grove Main Street Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 1 min | 3 min | 0.2 mi |
| Downers Grove Fairview Avenue Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 3 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 31 min | - | 15.4 mi |
| Chicago O'Hare International | 48 min | - | 19.7 mi |
Peter Drossos
Peter Drossos Real Estate
Peter Drossos
Peter Drossos Real Estate
