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Property profile & analytics
OFF-MARKET
Medical Office Space
414 Pennsylvania Ave Glen Ellyn, IL 60137-4402
Entity Owned
4-yr Hold
Property ID
US28-2599047
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1876
Construction
FRAME
Total area
4,055 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
05-11-310-037
UPID
US28-2599047
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
Pennsylvania Avenue LLC · 4 yrs held
Pennsylvania Avenue LLC
since 2022
Last sale
$353,500
5 recorded transactions
Zoning & alternative use
C · Glen Ellyn, 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 Glen Ellyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Ellyn 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
$21,652
Tax year 2023
Assessed value
$286,020
Assessed 2023
Previous assessed
$114,930
+148.9% YoY
Effective rate
7.57%
On assessed value
Assessed land
$100,780
Assessed improvement
$185,240
Land market value
$302,340
Improvement market value
$555,720
Total market value
$858,060
Applied tax rate
5,333.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1876
Construction
FRAME
Heating
NONE
Stories
2
Bathrooms
1
Total area
4,055 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
05-11-310-037
UPID
US28-2599047
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glen Ellyn, IL
Zoning C · permitted uses
C · Glen Ellyn, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Ellyn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1876
Construction
FRAME
Heating
NONE
Stories
2
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Pennsylvania Avenue LLC
Entity
Mailing address
414 PENNSYLVANIA AVE, GLEN ELLYN, IL 60137-4402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
—
Pennsylvania Avenue LLC
Park Boulevard Property LLC
Quit Claim Deed
related
$1,530,000 · Bank Of The West
Feb 12, 2019
—
Gifm Holdings Trust
Wilmingon Svgs 2015-rpl1
Quit Claim Deed
—
Feb 12, 2019
$353,500
Park Boulevard Property LLC
Gifm Holdings Trust
Grant Deed
—
Dec 18, 2017
—
Wilmington Svgs Fun 2015-rpl1 Tr
Deputy Sheriff Of Du Page County|lichtenwalter,dav
Trustees Deed
related
—
Oct 21, 2004
$333,500
Lichtenwalter David A Trust
Trust 1487
Grant Deed
related
$150,000 · Community Bank Wheaton Glen El
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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