Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    427 Main St Glen Ellyn, IL 60137-5101

    • Turn key restaurants
    • 3,387 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US28-2252766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 427 Main St

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    3,387 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    05-11-328-002
    APU
    511328002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $445,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $385,000
      Mixed-Use
      $495,000
      Hospitality
      $455,000
      Educational
      $395,000
      Residential Income
      $375,000
      Energy
      $520,000
      Income-Based Land
      $430,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0665
    Latitude
    41.875
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,641
    $36,700
    $156,700
    $193,400
    -
    $110,100
    $470,100
    $580,200

    Comparable in this City

    • Value Estimation
      $375,000
      2,880 SF

      426 Main St

      RESTAURANT • 2,880 SF
      426 Main St, Glen Ellyn, IL 60137-5102
      View Details
    • Value Estimation by Request
      0.17 Acres

      425 Roosevelt Rd

      RESTAURANT • 0.17 Acres
      425 Roosevelt Rd, Glen Ellyn, IL 60137-5622
      View Details
    • Value Estimation
      $245,000
      0.18 Acres

      455 Roosevelt Rd

      RESTAURANT • 0.18 Acres
      455 Roosevelt Rd, Glen Ellyn, IL 60137-5641
      View Details
    • Value Estimation by Request
      0.01 Acres

      479 Pennsylvania Ave

      RESTAURANT • 0.01 Acres
      479 Pennsylvania Ave, Glen Ellyn, IL 60137-4441
      View Details
    • Value Estimation by Request
      1,820 SF

      428 Main St

      RESTAURANT • 1,820 SF
      428 Main St, Glen Ellyn, IL 60137-5102
      View Details
    • Value Estimation
      $530,000
      1,960 SF

      542 Cres Blvd

      RESTAURANT • 1,960 SF
      542 Cres Blvd, Glen Ellyn, IL 60137-4147
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

      Glen Ellyn Restaurant - For Sale

      Turnkey Chinese Restaurant, High Traffic Location
      1180 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details
    • Contact for pricing
      7,816 SF

      Downtown Glen Ellyn Brewery/Restaurant

      7,861 SF restaurant and brewery in vibrant downtown Glen Ellyn.
      486 Pennsylvania Ave, Glen Ellyn, IL 60137
      View Details
    • $2,499,000
      0.14 Acres

      Glen Ellyn Retail Investment Opportunity

      Prime retail property in the heart of Glen Ellyn.
      440 N Main St, Glen Ellyn, IL 60137
      View Details
    • $5,650,000
      14,543 SF

      Glen Ellyn Walgreens Investment

      High-traffic Walgreens, strong NOI, excellent location.
      840 Main St, Glen Ellyn, IL 60137
      View Details
    • $6,910,000
      10,825 SF

      Glen Ellyn NNN Retail Property

      New construction NNN lease guaranteed by KinderCare Learning Companies.
      250 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details
    • $980,000

      Luxury Townhome in Harding Glen

      Refined townhome with customizable design options and high-end finishes.
      131 Harding Ct, Glen Ellyn, IL 60137
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Glen Ellyn Retail Center Investment

      High-traffic, multi-tenant retail center
      515 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details
    • Contact for pricing
      2,700 SF

      Glen Ellyn Retail Space Available

      Rare retail space with existing food buildout in downtown Glen Ellyn.
      530 Crescent Blvd, Glen Ellyn, IL 60137
      View Details
    • $28 SF/Yr
      22,630 SF

      Glen Ellyn Retail Space Available

      Restaurant & Retail Units, Glen Ellyn, IL
      1184 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details
    • Contact for pricing
      25,760 SF

      Retail Space in Glendale Heights

      25,760 SF retail space with high traffic visibility.
      North Ave, Glendale Heights, IL 60137
      View Details
    • Contact for pricing
      20,300 SF

      Glen Ellyn Retail Opportunity

      Former Fresh Market location available for sublease or assignment.
      277-293 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details
    • Contact for pricing
      2,893 SF

      Glen Ellyn Retail Opportunity

      Freestanding retail building with high visibility and parking.
      600 Roosevelt Rd, Glen Ellyn, IL 60137
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      3.7k
    • Avg Time on site
      23 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    427 Main St
    Glen Ellyn, IL 60137-5101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.