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    Property profile & analytics
    FOR LEASE
    Retail space

    515 Crescent Blvd, Glen Ellyn, IL 60137

    5,106 SF 0.12 ac lot Built 1961
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-1046338
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1961
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,106 SF
    Lot 0.12 ac (5,227 SF)
    Zoning code C
    APN 05-11-316-005
    UPID US28-1046338
    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
    $935k
    CAP Approach CAP
    $1.09M
    Comparable Approach Comparable
    $1.12M
    Blend (final) Blend
    $945k
    Owner & transaction history
    Glen Ellyn Investors LLC · 6 yrs held
    Glen Ellyn Investors LLC
    since 2020
    Last sale
    $789,270
    6 recorded transactions
    2023
    2022
    2020
    $789,500
    2006
    2003
    2003
    Zoning & alternative use
    C · Glen Ellyn, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.2M +4.5%
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    More about this property
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