Trust Owned Property summary
AI-generated overview
This exceptional retail opportunity is located at 803 Main Street in Glen Ellyn, Illinois, 60137. The property is a 5,400 square foot strip center with ample parking (23 spaces) and is situated at the signalized corner of Main and Elm Streets, offering excellent visibility and accessibility. Currently, 2,520 square feet of retail space is available for lease. This space was previously occupied by a 7-Eleven, providing a ready-made layout and infrastructure. The property is zoned C2, allowing for a variety of retail or medical uses. The location benefits from its proximity to downtown Glen Ellyn, Pennsylvania Avenue, and Crescent Boulevard, ensuring high foot traffic and convenient access for customers. The surrounding neighborhood is characterized as beautiful, suggesting a strong local clientele. This is a rare opportunity to secure a well-located retail space in a thriving community. The property offers a strong foundation for a successful business venture, with its high visibility, convenient location, and ample parking. Don't miss this chance to establish your business in this desirable Glen Ellyn location. The available space is 2,520 square feet.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,017 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C
APN
05-02-419-036
UPID
US28-1271140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$407k
Blend (final)
Blend
$330k
Owner & transaction history
since 2017
2 recorded transactions
Zoning & alternative use
C · Glen Ellyn, IL
Top alternative use upside
Medical building
$905,000
+4.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 35 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$82 / SF
Confidence
High
35 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,017 SF
Lot area
0.38 ac
Year built
1968
Stories
1
APN
05-02-419-036
Zoning
C
Assessed value
$219,720
Annual tax
$16,633
3
Income approach: direct capitalization
Partial preview
Income approach indication
$860k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$930k
@ 6.5% CAP return
$860k
@ 7% CAP return
$795k
4
Sales comparison
Partial preview
Sales approach indication
$542k
Weighted, 20 comps · high confidence
Evidence
35 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.2 mi away · 2,900 SF
14.4 mi away · 4,000 SF
15.6 mi away · 3,300 SF
15.7 mi away · 3,000 SF
15.8 mi away · 3,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 159 sales
$215
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $82/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+5%
vs current-use indication
Retail Stores · current use
Commercial (general)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 35 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$220k
Move the market yield to see immediate price impact.
Value / SF
$55
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$14k
$277k
$198k
$154k
$15k
$308k
$220k
$171k
$17k
$338k
$242k
$188k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
35 found
High confidence · county-verified
Closest comparable
$665k
13.6 mi · Nov 2025 · $151/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,633
Tax year 2023
Assessed value
$219,720
Assessed 2023
Previous assessed
$207,660
+5.8% YoY
Effective rate
7.57%
On assessed value
Assessed land
$58,670
Assessed improvement
$161,050
Land market value
$176,010
Improvement market value
$483,150
Total market value
$659,160
Applied tax rate
5,320.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,017 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C
APN
05-02-419-036
UPID
US28-1271140
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
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.38 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C
Jurisdiction
Glen Ellyn, IL
Recorded code
C
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C in Glen Ellyn, IL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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