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    129 E Main St Glenwood, IL 60425

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    For Sale
    $295,000

    Retail space with pylon signage and residential development potential.

    Property size:
    6,561 SF
    Lot size:
    0.31 Acres

    Property Features for 129 E Main St

    General Information

    Size
    6,561 SF
    Lot size
    0.31 Acres

    Source: Lee & Associates | Chicago Agent Carole Caveney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Main Street

    This retail property is located on Main Street and offers pylon signage. It is situated within minutes of Brookwood Junior High and Brookwood Middle Schools. The property presents a potential rezoning opportunity for residential development. It is immediately adjacent to business, commercial, and residential areas. The property size is 6,561 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.6150372
    Latitude
    41.5448574

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      Glenwood Retail Opportunity on Main

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      Retail Property on Main Street

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    FAQs

    What type of property is this?
    Retail space - Retail space with pylon signage and residential development potential.
    Where is this retail space located?
    The property is located at 129 E Main St Glenwood, IL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Potential rezone for residential development; - Immediately adjacent to business, commercial & residential areas; - Within minutes of Brookwood Jr High & Brookwood Middle schools
    (708) 903-4660
    Request Owner's contact information
    129 E Main St Glenwood, IL 60425
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    Glenwood, IL 60425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 E Main St Glenwood, IL 60425
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