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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Investment properties
530 Cres Blvd Glen Ellyn, IL 60137-4159
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-0450136
Property summary
AI-generated overview
This exceptional 2,700 square foot restaurant space is ideally situated in the heart of downtown Glen Ellyn, Illinois, at 530 Crescent Blvd, zip code 60137, within DuPage County. Currently vacant, this single-tenant retail space offers a unique opportunity for a quick-service restaurant (QSR) or similar food-focused business. Its prime location directly across from the Metra station ensures high visibility and significant foot traffic, providing excellent potential for customer reach. The property is available for occupancy beginning April 2025. The space's 2,700 square feet provide ample room for kitchen operations, dining areas, and other necessary amenities. This is a rare opportunity to establish a thriving business in a highly desirable and well-established downtown area known for its strong community and consistent customer base. The property's address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of this vibrant commercial district. Serious inquiries are encouraged to explore this exceptional opportunity to secure a prominent location in a thriving Illinois market. Please note that the current tenant should not be disturbed.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1926
Total area
10,589 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C
APN
05-11-317-007
UPID
US28-0450136
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.40M
Owner & transaction history
Chicago Title Land Trust Company
Chicago Title Land Trust Company
since 2025
7 recorded transactions
Zoning & alternative use
C · Glen Ellyn, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+5.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glen Ellyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Ellyn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,165,000
Current use
RETAIL STORES
$2,280,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$1,900,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,275
Tax year 2023
Assessed value
$386,710
Assessed 2023
Previous assessed
$367,840
+5.1% YoY
Effective rate
7.57%
On assessed value
Assessed land
$88,920
Assessed improvement
$297,790
Land market value
$266,760
Improvement market value
$893,370
Total market value
$1,160,130
Applied tax rate
5,333.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1926
Heating
NONE
Stories
1
Total area
10,589 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C
APN
05-11-317-007
UPID
US28-0450136
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glen Ellyn, ILZoning C · permitted uses
C · Glen Ellyn, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Chicago Title Land Trust Company
Trust
Mailing address
1350 W THORNDALE AVE APT #1, CHICAGO, IL 60660-3321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Chicago Title Land Trust Company
240 Properties LLC
Quitclaim Deed
related
—
Dec 29, 2015
$1,100,000
240 Properties LLC
Gtc Glen Ellyn Retail I LLC
Grant Deed
—
Oct 10, 1997
—
First National Bk Wheaton Ttee
Firstar Bank Illinois Trustee
Quit Claim Deed
related
$40,000 · First National Bank Wheaton
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$159,453 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$159,593 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$945,244 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$180,000 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$943,894 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtx Glen Ellyn Retail I LLC
—
Loan Modification
related
—
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$159,453 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$943,894 · Lakeside Bank
—
—
Gtc Gen Elly Retail I LLC
—
Deed Of Trust
related
$159,453 · Lakeside Bank
—
—
First National Bk Wheaton Ttee
—
Deed Of Trust
related
$535,000 · First National Bank Of Wheaton
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$159,453 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$943,894 · Lakeside Bank
—
—
Gtc Glen Ellyn Retail I LLC
—
Deed Of Trust
related
$943,894 · Lakeside Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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