424 Forest Ave Glen Ellyn, IL 60137
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 424 Forest Ave
- Property type
- Commercial real estate
- APN
- 0511328025
Description
This exceptional commercial land offering presents a unique redevelopment opportunity in the heart of Glen Ellyn, Illinois. Located at 424 Forest Ave, this 12,000 square foot site (comprising the northern portion of an existing church property) is zoned to allow for a building height of up to 45 feet. The property's prime location offers unparalleled access to a wealth of amenities, including upscale restaurants, parks, and the Glen Ellyn train station, all within walking distance. Its adjacency to the new Glen Ellyn Municipal parking lot further enhances its appeal. This infill site presents a rare chance to develop a significant project, with potential for approximately 30,000 to 36,000 square feet of construction. Preliminary estimations suggest the potential for 30+ residential units, making this an ideal investment for developers seeking a high-impact project in a thriving downtown location. The property's APN is 0511328025. The asking price is $2,000,000. Don't miss this chance to acquire one of the last remaining infill sites in Glen Ellyn.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glen Ellyn
- County
- DuPage
- State
- Illinois
- Longitude
- -88.065273855565
- Latitude
- 41.875483587054
