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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Investment properties
577 Pennsylvania Ave Glen Ellyn, IL 60137-8302
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0450137
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1965
Total area
5,484 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
05-11-318-003
UPID
US28-0450137
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
$895k
Blend (final)
Blend
$795k
Owner & transaction history
Aim Pennsylvania LLC · 25 yrs held
Aim Pennsylvania LLC
since 2001
7 recorded transactions
Zoning & alternative use
C · Glen Ellyn, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+30.5%
Retail stores
$1.2M
+24.9%
Office building
$995,000
+4.9%
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)
$945,000
Current use
MEDICAL BUILDING
$1,235,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,180,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$995,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$145 / 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
$19,034
Tax year 2023
Assessed value
$251,430
Assessed 2023
Previous assessed
$237,630
+5.8% YoY
Effective rate
7.57%
On assessed value
Assessed land
$102,920
Assessed improvement
$148,510
Land market value
$308,760
Improvement market value
$445,530
Total market value
$754,290
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
1965
Heating
NONE
Stories
2
Total area
5,484 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C
APN
05-11-318-003
UPID
US28-0450137
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Glen Ellyn, IL
Zoning 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
Glen Ellyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$995,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1965
Heating
NONE
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Aim Pennsylvania LLC
Entity
Mailing address
600 ENTERPRISE DR STE #120, OAK BROOK, IL 60523-1954
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Aim Pennsylvania LLC
—
Deed
related
$100,000 · Itasca Bank & Trust Co
Dec 3, 2024
—
Aim Pennsylvania LLC
—
Deed
related
$785,000 · Itasca Bank & Trust Co
Aug 29, 2019
—
Aim Pennsylvania LLC
—
Deed
related
$850,000 · Fnbc Bk&tr
Nov 16, 2018
—
Aim Pennsylvania LLC
—
Deed
related
$245,000 · David & Catherine Bier
May 2, 2001
$700,000
Aim Pennsylvania LLC
Firstar Bank NA Trustee
Grant Deed
$560,000 · Covest Banc NA
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$245,000 · David & Catherine Bier
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$525,000 · Itasca Bk&tr
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$850,000 · Fnbc Bk&tr
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$496,000 · Oxford Bank & Trust
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$600,000 · Northern Trust Co
—
—
Aim Pennsylvania LLC
—
Deed Of Trust
related
$655,000 · Citibank Fsb
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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