With a residential population of nearly 50,000, Downers Grove is a small village located in DuPage County, Illinois. Thanks to an intimate, welcoming atmosphere that has helped the community rank among Forbes’ list of the nation’s “Friendliest Towns,” Downers Grove provides business owners seeking office space for rent or commercial space for rent in this region of the state with affordable and advantageous opportunities to develop a sustainable business platform. Rental properties for lease in Downers Grove may prove to be an excellent investment for both well-established and new entrepreneurs who are seeking to establish a presence in DuPage County.
Thanks to a median household income well above state averages, Downers Grove is primarily composed of affluent, middle-class citizens who are either of retirement age or hold positions in occupations within the manufacturing, professional services or science/tech industries. Thanks to a well-diversified economy and largely educated population, the unemployment rate in Downers Grove is notably lower than in other similarly sized communities in both the region and state at large. Per capita income in Downers Grove is approximately $42,000. The residents of Downers Grove enjoy a level of purchasing power that allows them to actively support many of the local businesses that have been established here.
Downers Grove was first established in 1832 and was officially incorporated in 1872. The community benefited greatly from the construction of two of the state’s major toll roads, I-355 and I-88, which allowed residents of Downers Grove to quickly access Chicago and its numerous cultural and economic opportunities. Several large corporations now call Downers Grove home, including Dover, Heartland Food Corporation and Devry University. Downers Grove is currently serviced by the BNSF Railway Line. The Grove Commuter Shuttle also runs through the region.
Consisting of only 14.45 square miles of land, Downers Grove is relatively densely populated given its small geographical size. Because of this, business owners hoping to lease property in Downers Grove will most likely be able to establish a solid footing in locations around the community. The small number of available properties here may cause frustration for business owners who are dedicated to finding a property that precisely matches their needs.