Property profile

1241 Gln Ellyn Rd Glendale Heights, IL 60139

OFF-MARKET
Commercial real estate
Property ID
US28-5041548
5,400 SF 0.52 ac lot Built 1974
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,400 SF
Lot 0.52 ac (22,651 SF)
Zoning code C
APN 02-35-410-043
UPID US28-5041548

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1241 Gln Ellyn Rd Glendale Heights, IL 60139-3110
Glendale Heights metro Census 840908 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
$1.40M
Comparable Approach Comparable
$1,000k
Blend (final) Blend
$1.10M

Owner & transaction history

since 2024
Last sale
$1.1M
3 recorded transactions
2024
$1.1M
2005
$620,000
1969
Price N/A

Zoning & alternative use

C · Glendale Heights, IL
Top alternative use upside
Restaurant $1.7M +87.3%
Medical building $1.2M +35.7%
Retail stores $1.2M +29.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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