536 Cres Blvd Glen Ellyn, IL 60137-4186
- Investment properties
- 10,560 SF
- 0.28 lot acres
Current Use by Public Records
- Investment properties
Property Details for 536 Cres Blvd
- Year built
- 1922
- Lot size
- 0.28 lot acres
- Property size
- 10,560 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 05-11-317-027
- APU
- 511317027
Description
This exceptional office space, located in the heart of downtown Glen Ellyn, offers two suites totaling approximately 1,250 square feet, or available individually. Situated in a highly visible, turn-of-the-century building above Starbucks and School of Rock, this property boasts a blend of historic charm and modern updates. The building enjoys high foot traffic and is directly across from the Glen Ellyn Metra station, providing convenient access to Chicago and ample parking. Each suite includes its own tax stop, CAM, and common insurance. The East unit (420 sq ft) is available for $800 per month, while the West unit (513 sq ft) is available for $975 per month. Both units share a common waiting area with a bathroom and hallway. The property is zoned for office/retail use and is minutes from major thoroughfares including I-355, I-88, and I-294, making it an ideal location for small businesses seeking a professional and convenient workspace. The minimum divisible space is 420 square feet. The APN is 0511317027. This property is located in the Western Suburbs submarket cluster of Chicago Suburban.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $570,000
- 6.5%
- $580,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $620,000
- Mixed-Use
- $620,000
- Hospitality
- $580,000
- Educational
- $695,000
- Residential Income
- $495,000
- Energy
- $685,000
- Income-Based Land
- $545,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Glen Ellyn
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0659
- Latitude
- 41.8769
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA