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    515 Crescent Blvd Glen Ellyn, IL 60137

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    515 Crescent Blvd Glen Ellyn, IL 60137


    • Retail space
    • 5,106 SF
    • 0.12 lot acres
    Downtown Glen Ellyn Storefront Opportunity For Lease
    $945,000
    2,494 SF

    Downtown Glen Ellyn Storefront Opportunity

    Rare storefront availability next to Metra in Downtown Glen Ellyn.

    515 Crescent Blvd, Glen Ellyn, IL
    View Listing
    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.

    Value Estimations
    $945,000
    Cap Rate Potential
    7.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 515 Crescent 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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $945,000
      ML approach
      $935,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,180,000
      6.5%
      $1,090,000
      7%
      $1,010,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,120,000
      Market price range: $574k - $1.92M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,100,000
      Current use
      MEDICAL BUILDING
      $1,150,000
      Change: +5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,045,000
      Change: -5% Conversion: Easy
      OFFICE BUILDING
      $915,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
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