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    Property profile & analytics

    515 Cres Blvd Glen Ellyn, IL 60137-4502

    • Retail space
    • 5,106 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Last Sale
    Jan 15, 2020
    $789,270
    Location Intelligence
    Property ID
    US28-1046338
    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

    • Retail space

    Property Details for 515 Cres Blvd

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    5,106 SF
    Zone code
    C
    Property type
    Retail space
    APN
    05-11-316-005
    APU
    511316005

    Description

    This exceptional medical office storefront is situated in the heart of bustling Downtown Glen Ellyn, Illinois, at 515 Crescent Blvd, 60137. The property boasts a highly desirable "Main & Main" location, offering unparalleled visibility and accessibility. Its strategic placement next to a Metra train station ensures convenient commuting for both patients and staff. The building itself is a well-maintained historic structure, providing a sophisticated and professional atmosphere. This multi-tenant property includes a finished lower level, expanding the usable space and offering versatile options for various medical practices or related businesses. The property features a Walk Score of 84, reflecting its pedestrian-friendly environment and proximity to numerous amenities. Ample parking is available via both street parking and nearby public lots. Further enhancing its appeal, the property will soon share an exterior wall with a US Bank ATM, guaranteeing even greater foot traffic and visibility. This rare opportunity presents an ideal setting for a thriving medical practice seeking a prime location in a vibrant and accessible downtown area. The property is classified as Retail and Office, with a specific subtype of Medical Office. It is located in DuPage County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $945,000

    • CAP approach

      CAP return
      Estimation
      6%
      $785,000
      6.5%
      $745,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $820,000
      Geo Method
      $860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $685,000
      Retail
      $680,000
      Mixed-Use
      $755,000
      Hospitality
      $795,000
      Educational
      $660,000
      Residential Income
      $670,000
      Energy
      $850,000
      Income-Based Land
      $895,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.067
    Latitude
    41.8763
    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
    $21,594
    $56,790
    $228,460
    $285,250
    -
    $170,370
    $685,380
    $855,750

    Comparable in this City

    • Value Estimation by Request
      2,160 SF

      417 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      417 Main St, Glen Ellyn, IL 60137-5179
      View Details
    • Value Estimation by Request
      0.24 Acres

      599 Roosevelt Rd, Unit 615

      RETAIL STORES (PERSONAL SERVICES) • 0.24 Acres
      599 Roosevelt Rd, Glen Ellyn, IL 60137-5797
      View Details
    • Value Estimation
      $1,600,000
      0.18 Acres

      479 Roosevelt Rd, Unit 483

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      479 Roosevelt Rd, Glen Ellyn, IL 60137-5641
      View Details
    • Value Estimation
      $390,000
      4,017 SF

      803 Main St, Unit 07

      RETAIL STORES (PERSONAL SERVICES) • 4,017 SF
      803 Main St, Glen Ellyn, IL 60137-3909
      View Details
    • Value Estimation
      $540,000
      3,770 SF

      488 Cres Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,770 SF
      488 Cres Blvd, Glen Ellyn, IL 60137-4544
      View Details
    • Value Estimation
      $270,000
      999 SF

      570 Cres Blvd, Unit 101

      RETAIL STORES (PERSONAL SERVICES) • 999 SF
      570 Cres Blvd, Glen Ellyn, IL 60137-8305
      View Details

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    515 Cres Blvd
    Glen Ellyn, IL 60137-4502
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    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
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