Bridgepoint Downers Grove - 3700 Lacey Road

Off-Market

3700 Lacey Road, Downers Grove, IL 60515

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 213,460 SF
  • Lot Size 10.71 Acre
  • Parking Spaces Avail. 224
  • Parking Ratio 1.05 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2019

Location

Getting Around

  • Walk Score ®

    12/100 Car-Dependent
  • Transit Score ®

    19/100 Minimal Transit
  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Downers Grove, IL
  • Neighborhood Morton Arboretum
  • Zip Code 60515
  • Market Chicago

Points of Interest

  • Belmont

    1.76 miles

  • Downers Grove Main Street

    2.08 miles

  • Fairview Avenue

    2.61 miles

  • Lisle

    2.65 miles

  • Westmont

    3.29 miles

  • Glen Ellyn

    4.24 miles

  • Clarendon Hills

    4.36 miles

  • College Avenue

    4.50 miles

  • Lombard

    4.59 miles

  • West Hinsdale

    4.69 miles

  • Shell

    1.02 miles

  • Delta

    1.02 miles

  • BP

    1.30 miles

  • BP

    1.41 miles

  • Speedway

    1.44 miles

  • Mobil

    1.44 miles

  • BP

    1.73 miles

  • Speedway

    1.87 miles

  • Mobil

    2.04 miles

  • BP

    2.45 miles

  • P8

    1.04 miles

  • P7

    1.14 miles

  • P6

    1.31 miles

  • P5

    1.65 miles

  • P17

    1.72 miles

  • P4

    1.77 miles

  • P3

    1.86 miles

  • P2

    1.87 miles

  • P1

    2.07 miles

  • Bus Parking

    2.07 miles

  • Deli Time

    0.67 miles

  • Cooper's Hawk

    0.82 miles

  • Rockwood Tap House

    0.82 miles

  • McDonald's

    0.86 miles

  • Fuddruckers

    0.87 miles

  • Dunkin'

    0.89 miles

  • Subway

    0.90 miles

  • Chama Gaúcha Brazilian Steakhouse

    0.90 miles

  • Steak 'n Shake

    0.92 miles

  • Red Lobster

    0.95 miles

  • Kohl's

    1.09 miles

  • Jewel-Osco

    1.16 miles

  • Ross

    1.31 miles

  • Walmart

    1.44 miles

  • Marshalls

    1.77 miles

  • Von Maur

    1.82 miles

  • Yorktown Center

    1.85 miles

  • JCPenney

    1.94 miles

  • Fresh Thyme

    2.08 miles

  • Target

    2.25 miles

  • Midwestern University Clinics

    0.29 miles

  • American Society for Gastrointestinal Endoscopy

    0.37 miles

  • Downers Grove Fire Station Number 3

    1.10 miles

  • Oakbrook Pediatrician

    1.19 miles

  • Advocate Good Samaritan Hospital

    1.21 miles

  • Walgreens

    1.32 miles

  • Illinois State Police District 15

    1.40 miles

  • Walmart Pharmacy

    1.42 miles

  • Smart Choice MRI

    1.45 miles

  • Advocate Medical Group

    1.86 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 23 Oct, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Downers Grove

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Downers Grove Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $26.87
  • 2021 Office Vacancy Rate 16.27%
  • 2021 Office Completions (SF)

Downers Grove Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $145.88
  • Y-o-Y Avg. PpSF Change -31.38%
  • 2021 Office Sales Volume $82.1M
  • 2021 Number of Transactions 4
View more Downers Grove market trends

Frequently Asked Questions

What is the total square footage of Bridgepoint Downers Grove - 3700 Lacey Road?

Bridgepoint Downers Grove - 3700 Lacey Road totals 213,460 square feet.

When was this property built?

Bridgepoint Downers Grove - 3700 Lacey Road was built in 2019.

When was Bridgepoint Downers Grove - 3700 Lacey Road last sold?

Bridgepoint Downers Grove - 3700 Lacey Road was last sold on 23 Oct, 2019.

What is the property tax for Bridgepoint Downers Grove - 3700 Lacey Road?

The property tax for Bridgepoint Downers Grove - 3700 Lacey Road in 2021 was $323,360.

What is the market value for Bridgepoint Downers Grove - 3700 Lacey Road?

The market value* for Bridgepoint Downers Grove - 3700 Lacey Road in 2021 was $17,379,060.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2021 $323,360
  • Market Value* $17,379,060
  • Assessed Value $17,379,060

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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