Property summary
This exceptional 6,500 square foot ground floor condo is ideally situated in the heart of Glenwood, IL, at the northeast corner of Main and Nugent Streets. Its prime location offers unparalleled visibility and accessibility, directly adjacent to the Village Hall and Police Station, and conveniently located near the Homewood Metra Rail. This presents a unique opportunity for businesses seeking high foot traffic and convenient public transportation access. The space previously housed a barber college and offers a versatile layout adaptable to various business needs. The interior features a large reception area, two conference rooms, four bathrooms, a kitchen, a classroom, and ten private offices. The property's infrastructure is robust, including eight furnaces, four air conditioning units, and four 200-amp service electric panels, all zoned for efficient operation and energy management. The ample parking available further enhances the property's appeal. The building's three upper floors house luxury condominiums, providing a built-in customer base for businesses operating within this space. This adaptable space can be utilized as a single large unit or easily divided to suit specific requirements. This is a rare opportunity to acquire a highly visible and functional commercial space in a thriving community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight