Warehouse Space in Downers Grove

Downers Grove Warehouses Available for Lease

Downers Grove, IL Warehouse Space for Rent.

Downers Grove offers state-of-the-art warehouse space for rent. Our facilities boast ample square footage, flexible layouts, and modern amenities. Situated in a prime location with easy access to major highways and transportation hubs, our warehouses provide efficient logistical solutions for businesses of all sizes. With competitive rental rates, 24/7 access, and dedicated property management, we cater to the unique requirements of our tenants. Whether you need storage, distribution, or manufacturing space, Downers Grove has the perfect warehouse solution to elevate your operations and drive your business forward.

Benefits of Downers Grove's, Industrial Market.

Downers Grove, Illinois Industrial Market Advantages:

• Strategic Location: Situated at the junction of Interstates 294 and 355, providing excellent access to major transportation routes.
• Proximity to Chicago: Located just 20 miles west of downtown Chicago, offering access to a vast labor pool and consumer base.
• Established Industrial Base: Home to a diverse mix of Fortune 500 companies and small businesses.
• Ample Land Availability: Significant land inventory available for new development or expansion projects.
• Skilled Workforce: Access to a highly skilled labor force with expertise in manufacturing, logistics, and distribution.
• Competitive Rental Rates: Lower rental rates compared to neighboring submarkets in the Chicago area.
• Pro-Business Environment: Local government supports industrial growth and offers incentives for businesses.
• Excellent Amenities: Close proximity to amenities such as retail centers, restaurants, and hotels for employee convenience.
• Tax Incentives: Enterprise Zone and TIF District programs available to reduce property taxes for qualified businesses.

Why Downers Grove is a Great Place to Locate a Business.

Downers Grove is an excellent location to house your business. Here are some reasons why:

• Great Location: Downers Grove is located in DuPage County, IL, just 22 miles west of downtown Chicago. This gives businesses easy access to the city's many amenities and resources while still being able to enjoy the benefits of a suburban location.
• Excellent Transportation Infrastructure: Downers Grove is well-connected by road, rail, and air. The city is served by two major highways, I-294 and I-355, and is also home to a Metra station that provides regular commuter rail service to Chicago. O'Hare International Airport is just a short drive away, making it easy for businesses to connect with customers and partners around the world.
• Skilled Workforce: Downers Grove is home to a highly educated and skilled workforce. The city's public schools are consistently ranked among the best in the state, and several colleges and universities are located nearby. This gives businesses access to a pool of talented workers who can help them succeed.
• Business-Friendly Environment: Downers Grove is a business-friendly community that offers a variety of incentives and programs to help businesses succeed. The city has a low property tax rate and offers a variety of tax breaks to businesses that locate in the city.
• Quality of Life: Downers Grove is a great place to live and work. The city has a vibrant downtown area with a variety of shops, restaurants, and entertainment options. The city also has a number of parks and recreational facilities, making it a great place to raise a family or enjoy the outdoors.

Key Industries in Downers Grove.

• Manufacturing: Downers Grove is home to a diverse range of manufacturing companies, including those in the automotive, food processing, and medical equipment industries.
• Healthcare: The city is a hub for healthcare with the presence of major healthcare providers, hospitals, and research facilities.
• Technology: Downers Grove is a growing center for technology companies, particularly in the software, data analytics, and mobile app development sectors.
• Distribution and Logistics: The strategic location and proximity to major transportation hubs make Downers Grove an ideal location for distribution and logistics operations.
• Retail: Downers Grove offers a vibrant retail scene with a mix of independent businesses and national retailers.
• Education: The city is home to highly regarded schools and institutions of higher education, including the College of DuPage.
• Financial Services: Downers Grove has a strong presence of financial institutions, including banks, investment firms, and insurance companies.
• Professional Services: The city is a hub for professional services, including law firms, consulting firms, and accounting firms.

Demographics.

• Population: 47,833
• Median Age: 45.5
• Median Household Income: $129,287
• Education: 61.7% of residents have a bachelor's degree or higher.

Market Statistics.

• Vacancy Rate: 6.5%
• Average Asking Rents: $14/SF/YR
• Total Inventory: 10,200,000 sq. ft.