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$24 Just Listed

  • For Sale
  • Active
  • Business
  • Updated 7 hours ago
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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.

Full Property Details for 5115 Main St

General

  • Price: $24
  • Taxes: $11,129 (2025)
  • Status: Active
  • Type: Business
  • Source: MRED
  • MLS ID: 12706623
  • Updated: 9/15/2026
  • Added to Site: 2 day(s) ago

Business

  • Name: Giordano's
  • Business Type: Food & Beverage, Restaurant, Retail
  • Years in Business: 11 or More
  • Seating Capacity: 51 to 75

Interior

  • Interior Features: Public Restroom(s), Storage Inside

Location

  • Area: Downers Grove
  • County: DuPage
  • Driving Directions: In the heart of downtown Downers Grove, between Curtiss Street and Burlington Avenue
  • Location Details: Central Business District, Shopping Center, Public Transport Avail, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Roof: Rubber
  • Stories/Levels: 1

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Frontage: City Street, Public Road
  • Potential Use: Liquor License, Retail
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $24
  • For Sale/Rent/Lease: For Rent Only
  • Tax Amount: $11,129.8
  • Tax Year: 2025
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer, Varies by Tenant, Gas, All Utilities, Trash Collection

Disclosures and Reports

  • Ownership: Corporation
  • Documents Avail.: None Available

Listed by Peter Drossos Real Estate

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Listing agent

— 5115 Main St —

  • Peter Drossos Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5115 Main St

School Districts:Downers Grove Grade School District 58, Community High School District 99
NameGradesDistance
Whittier Elementary School, Downers Grove, IL
536 Hill Street, Downers Grove, IL 60515
K-60.6 mi
Herrick Middle School
4335 Middaugh Avenue, Downers Grove, IL 60515
7-81 mi
Community H S Dist 99 - North High School
4436 Main Street, Downers Grove, IL 60515
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5115 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/14/2026
Listed
$24
-99.99%
MLS
9/15/1998
Sold
$300,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5115 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,130
8%
$173,008
8%
2024
$10,282
11%
$160,341
17%
2022
$9,280
5%
$136,480
1%
2021
$8,805
-6%
$134,920
2%
2020
$9,372
3%
$132,250
4%
2019
$9,070
4%
$126,900
5%
2018
$8,721
3%
$120,860
4%
2017
$8,445
2%
$116,300
5%
2016
$8,248
2%
$111,000
6%
2015
$8,098
11%
$104,430
13%
2014
$7,317
2%
$92,080
—
2013
$7,191
2%
$91,650
-4%
2012
$7,062
—
$95,780
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5115 Main Street, Downers Grove, IL 60515 (MLS# 12706623) is a Business property. 5115 Main Street is currently listed for $24 and was received on September 14, 2026. Want to learn more about 5115 Main Street? Do you have questions about finding other Business real estate for sale in Downers Grove? You can browse all Downers Grove real estate or contact a Coldwell Banker agent to request more information.

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