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    Property profile & analytics
    OFF-MARKET Estimated value $615,000
    Retail space

    803 Main St 07, Glen Ellyn, IL 60137-3909

    4,017 SF 0.38 ac lot Built 1968
    Trust Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-1271140
    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
    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
    $860k
    Comparable Approach Comparable
    $407k
    Blend (final) Blend
    $615k
    Owner & transaction history
    Panopoulos,leo Trust · 8 yrs held
    Panopoulos,leo Trust
    since 2017
    2 recorded transactions
    2017
    2014
    Zoning & alternative use
    C · Glen Ellyn, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $905,000 +4.5%
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