536 Crescent BlvdGlen Ellyn, IL 60137
- Investment properties
- 10,560 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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