462 Park BlvdGlen Ellyn, IL 60137

  • Retail space
  • 0.11 AC
For Lease
$17/SF/YR View listing

Property Details for 462 Park Blvd

Lot size
0.11 AC
Zone code
V
Property type
Retail space
APN
05-11-322-015
APU
511322015

Description

This exceptional retail storefront opportunity is located at 462 N. Park Blvd., Suite 120, in the vibrant downtown Glen Ellyn, Illinois. The space, totaling 2,650 square feet, is immediately available within a larger 10,091 square foot building constructed in 1991. This single-story building is zoned C5B, allowing for a variety of retail uses. The property boasts a highly desirable location just south of the train tracks and adjacent to the scenic Prairie Path, ensuring high visibility and foot traffic. The minimum divisible space is 2,650 square feet, and the maximum contiguous space available is also 2,650 square feet. Property taxes are $3.62 per square foot. This presents a unique chance to establish or expand a business in a thriving community within DuPage County, Illinois, zip code 60137. The property's convenient location and ample space make it an ideal choice for a variety of retail ventures. This is a rare opportunity to secure a prime retail space in a sought-after location. Contact us today to learn more about this exceptional offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,271,921
    6.5%
    $1,174,081
    7%
    $1,090,218
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,225,978
    Geo Method
    $1,572,878
  • Alternative Use

    Use
    Valuation
    Residential
    $990,381
    Hospitality
    $907,184
    Educational
    $754,766
    Medical
    $780,724
    Retail
    $1,174,081
462 Park Blvd, Glen Ellyn, Illinois

Location Insight

City
Glen Ellyn
County
Dupage
State
Illinois
Latitude
41.8762
Longitude
-88.0631
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
$3,912
$51,670
-
$51,670
-
$155,010
-
$155,010

FAQs

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