536 Crescent BlvdGlen Ellyn, IL 60137

  • Investment properties
  • 10,560 SF
For Lease
$17.05/SF/YR View listing

Property Details for 536 Crescent Blvd

Year built
1922
Lot size
0.28 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,364,349
    6.5%
    $2,182,476
    7%
    $2,026,585
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,661,732
    Geo Method
    $2,131,932
  • Alternative Use

    Use
    Valuation
    Residential
    $2,182,476
    Hospitality
    $1,999,137
    Educational
    $1,663,258
    Medical
    $1,720,460
    Retail
    $2,587,290
536 Crescent Blvd, Glen Ellyn, Illinois

Location Insight

City
Glen Ellyn
County
Dupage
State
Illinois
Latitude
41.8769
Longitude
-88.0659
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,899
$130,640
$369,990
$500,630
-
$391,920
$1,109,970
$1,501,890

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].