568 Pennsylvania Ave, Glen Ellyn, IL
Move-in ready office building near Metra station with parking.
- Added:
- Aug 14, 2025
- Days on Market:
- 324
- Last Refresh:
- May 19 at 10:44 pm
Property Features for 568 Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 3,631 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Listing office Lee & Associates | Chicago (773) 355-3000
Listing date Aug 14, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Chicago
HighLights
- Move‑in ready condition due to full rehab in 2008 and major improvements in 2013.
- Conveniently located within easy walking distance to the Metra station.
- Includes 8 on‑site parking spots.
- Equipped with multi‑zone HVAC.
- Building is fully sprinklered.
- Building in exceptional condition.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.9k | $24.48 |
| − Vacancy | −$22.1k | −$6.10 |
| EGI | $66.8k | $18.38 |
| − OpEx | −$16.7k | −$4.60 |
| NOI | $50.1k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glen Ellyn
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0642
- Latitude
- 41.8782
