Closed

$850,000

Favorite

4,586

square ft

515 Crescent Boulevard

Glen Ellyn, Illinois 60137

Closed / MLS #10055363 / Retail Store / Glen Ellyn

Listing information updated 1/15/2020 at 10:03am

THE iconic retail building in the heart of charming Glen Ellyn. 2 tenant building - fully leased, triple net. Brand new 5 year lease for well known restaurant (onset 8/1/2018) with 3% increases and 1 five year option. Dance studio leased through 2021 with 2% increases and 1 five year option. The asking cap rate is 7.85% Building continues to be meticulously maintained, with monthly roof inspections - roof is 8 years old. New AC in fall of 2017 and furnace is 7 years old. The entire exterior was painted in 2016, and new entryway tiling in 2018. 2 Toots restaurant is 2,131 SF and the dance studio is 2,594 SF. Each unit has additional 4,586 SF of storage in the basement which equals a total of 9,100 SF of usable space. This is a SOLID investment on the BEST corner of downtown Glen Ellyn. Showings will be during work hours only, and must be confirmed with listing agent - minimum 24 hour notice required.

Full Features

Built:

1961

Cooling System:

Central Individual,Total,Zoned,Ceiling Fans

Stories:

Roof:

Shingle Composition

Ceiling Height:

Current Use:

Commercial

Zoning:

RTAIL

Building Square Feet:

4,586

Current Net Income:

$81,620

Taxes & Assessments

Tax Amount:

$18,704

Tax Year:

N/A

Location

Zip Code:

60137

City:

Glen Ellyn

County:

Du Page

Listing Office: RE/MAX Suburban

Listing Office Phone: 630.653.1900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/15/2020 at 10:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Glen Ellyn, IL

Glen Ellyn is a picturesque village in the heart of DuPage County. Known as “The Jewel of the Western Suburbs” to residents, the community offers a convenient suburban location, ample recreational opportunities, and a vibrant mix of businesses. Downtown Glen Ellyn boasts an assortment of sm...

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Metra

Milwaukee District West line at Glen Ellyn Metra

Metra

Union Pacific West line at Glen Ellyn

$535,221

Average Sale Price

Average Days On The Market

100%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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515 Crescent Boulevard is a retail store which sold for $850,000. This retail store has been listed on @properties since August 17th, 2018 and was built in 1961. The nearest transit stops include Glen Ellyn Metra Metra Milwaukee District West line.