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Property profile & analytics
FOR LEASE
Commercial real estate
1140 N Main St, Glendale Heights, IL 60139
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5410739
For Lease
1 / 11
$44 SF/Yr
1140 N Main St, Glendale Heights, IL 60139
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,179 SF
Lot
0.73 ac (31,799 SF)
Zoning code
C
APN
05-02-101-011
UPID
US28-5410739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3 Brothers Express INC · 1 yrs held
3 Brothers Express INC
since 2025
Last sale
$118,000
7 recorded transactions
Zoning & alternative use
C · Glendale Heights, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendale Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,743
Tax year 2023
Assessed value
$122,900
Assessed 2023
Previous assessed
$116,140
+5.8% YoY
Effective rate
8.74%
On assessed value
Assessed land
$75,680
Assessed improvement
$47,220
Land market value
$227,040
Improvement market value
$141,660
Total market value
$368,700
Applied tax rate
5,154.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
2,179 SF
Lot
0.73 ac (31,799 SF)
Zoning code
C
APN
05-02-101-011
UPID
US28-5410739
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glendale Heights, IL
Zoning C · permitted uses
C · Glendale Heights, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
3 Brothers Express INC
Entity
Mailing address
1140 N MAIN ST, GLENDALE HEIGHTS, IL 60139-3506
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
$375,000
3 Brothers Express INC
Chicago Title Land Trust Company
Deed
$281,250 · Grand Ridge National Bank
Aug 15, 2022
—
John S Thorson
John S Thorson
Intrafamily Transfer
related
—
Dec 19, 2019
—
Trust Number 8002382227
John S Thorson
Quit Claim Deed
—
Jun 24, 1999
$118,000
John Thorson
Harris Bank Palatine Trustee
Grant Deed
$170,000 · Community Bank Wheaton Glen El
—
—
John Thorson
—
Deed Of Trust
related
$300,000 · Ben Franklin Bk/il
—
—
John Thorson
—
Deed Of Trust
related
$288,000 · West Town Savings Bank
—
—
Harris Bank Palatine NA Ttee
—
Deed Of Trust
related
$119,859 · Harris Bank Roselle
—
—
John S Thorson
—
Deed Of Trust
related
$310,000 · Advantage National Bank
—
—
John Thorson
—
Deed Of Trust
related
$30,000 · Community Bank Wheaton Glen El
—
—
John S Thorson
—
Deed Of Trust
related
$45,000 · Itasca Bank & Trust Co
—
—
John S Thorson
—
Deed Of Trust
related
$255,000 · Itasca Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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