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Financial
Distress signals
Property profile

840 N Main St Glen Ellyn, IL 60137

FOR SALE
Retail space
Property ID
US28-2799435
14,543 SF 1.55 ac lot Built 2004
Last sale Oct 2015 · $7,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14,543 square foot Walgreens located at 840 N Main St, Glen Ellyn, IL 60137, a thriving Chicago suburb. Boasting a 7.43% cap rate and a strong NOI of $420,000, this property offers significant return potential. The single-tenant, net-leased property features a Walgreens corporate guarantee, ensuring consistent rental income through March 31, 2030, with seven, five-year extension options. Situated on a 1.549-acre lot at a signalized corner of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$51k
Tax billed · 2023
Assessed value$670k
Assessed land$246k
Assessed improvement$424k
Effective rate7.57%

Value estimate

· Oct 2026
$500k
$450k – $550k
Submarket $/SF estimate$1.24M
NOI build-up
Gross scheduled income$314k
Vacancy & credit loss−$26k
Operating expenses−$87k
NOI · 4.81% cap applied$202k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$215/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$112 – $377
Qualifying comparables14

Cap rate analysis

How does the asset earn?
4.81%
$202k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.9
Hair Salon13.9
Daycare Center12.8

Location

840 N Main St Glen Ellyn, IL 60137
County assessor Recorded deeds · 4 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22nd Butterfield, Glen Ellyn, IL 60137-6976 $4,450,000 May 2024 19,399 SF
483 Roosevelt, Glen Ellyn, IL 60137-5641 $1,700,000 Jun 2023 10,450 SF
1184 Roosevelt, Glen Ellyn, IL 60137-7811 $1,675,000 Jan 2022 23,108 SF
512 Main, Glen Ellyn, IL 60137-5104 $3,000,000 Jul 2019 13,034 SF
739 Roosevelt, Glen Ellyn, IL 60137-5837 $4,100,000 Feb 2019 13,185 SF
430 Roosevelt, Glen Ellyn, IL 60137-5642 $930,000 Jan 2019 10,805 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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