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

    488 Main St, Unit 90 Glen Ellyn, IL 60137-5126

    • Investment properties
    • 6,334 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Jun 02, 2023
    $550,000
    Location Intelligence
    Property ID
    US28-1662408
    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

    • Investment properties

    Property Details for 488 Main St

    Year built
    1903
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    6,334 SF
    Zone code
    C
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    05-11-315-016
    APU
    511315016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $475,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $490,000
      Mixed-Use
      $475,000
      Hospitality
      $460,000
      Educational
      $465,000
      Residential Income
      $495,000
      Energy
      $510,000
      Income-Based Land
      $395,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0671
    Latitude
    41.8772
    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
    $22,265
    $59,590
    $234,530
    $294,120
    -
    $178,770
    $703,590
    $882,360

    Comparable in this City

    • Value Estimation
      $345,000
      6,213 SF

      481 Main St, Unit 83

      STORE/OFFICE (MIXED USE) • 6,213 SF
      481 Main St, Glen Ellyn, IL 60137-8401
      View Details
    • Value Estimation
      $365,000
      5,705 SF

      482 Main St Ste A

      STORE/OFFICE (MIXED USE) • 5,705 SF
      482 Main St Ste A, Glen Ellyn, IL 60137-5181
      View Details
    • Value Estimation
      $625,000
      10,440 SF

      421 Main St

      STORE/OFFICE (MIXED USE) • 10,440 SF
      421 Main St, Glen Ellyn, IL 60137-5105
      View Details
    • Value Estimation by Request
      0.01 Acres

      Cres Blvd

      STORE/OFFICE (MIXED USE) • 0.01 Acres
      Cres Blvd, Glen Ellyn, IL 60137
      View Details
    • Value Estimation
      $660,000
      12,908 SF

      544548 Cres Blvd

      STORE/OFFICE (MIXED USE) • 12,908 SF
      544548 Cres Blvd, Glen Ellyn, IL 60137
      View Details
    • Value Estimation
      $380,000
      6,904 SF

      540 Duane St

      STORE/OFFICE (MIXED USE) • 6,904 SF
      540 Duane St, Glen Ellyn, IL 60137-4685
      View Details

    Similar Nearby for Sale

    • $2,499,000
      10,690 SF

      Glen Ellyn Mixed-Use Retail

      Prime retail property in the heart of Glen Ellyn.
      440 N Main St, 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
    • Contact for pricing
      8,086 SF

      Glen Ellyn Office Building

      Office building in Glen Ellyn, suitable for investors or owner-users.
      500 Pennsylvania Ave, Glen Ellyn, IL 60137
      View Details
    • $850,000
      3,631 SF

      Glen Ellyn Office Building

      Move-in ready office building near Metra station with parking.
      568 Pennsylvania Ave, 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
    • $965,000

      Luxury Townhome in Harding Glen

      Newly constructed, low-maintenance townhome with high-end finishes and customizable design.
      133 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
      2,893 SF

      Glen Ellyn Retail Opportunity

      Freestanding retail building with high visibility and parking.
      600 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
    • $9 SF/Yr
      3,600 SF

      Functional Industrial Space For Lease

      4,200 SF industrial space with offices and dock.
      390-402 Saint Charles Rd, Glen Ellyn, IL 60137
      View Details
    • $25 SF/Yr
      1,250 SF

      Glen Ellyn Office Space Available

      Office space for rent near Illinois Prairie Path.
      386 Pennsylvania Ave, Glen Ellyn, 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
    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.
    488 Main St, Unit 90
    Glen Ellyn, IL 60137-5126
    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.