Active

515 Crescent Boulevard

Glen Ellyn, Illinois 60137


Dee Penna
630.530.0900

Request More Info

$1,250,000


Square Footage
4,586
Dee Penna
630.530.0900
Email me
Property Type
Retail Store
Neighborhood
Glen Ellyn


100% LEASED 2 UNIT RETAIL BLD. RESTAURANT THERE FOR 7 YEARS AND IN 2ND YEAR OF 5 YEAR OPTION WITH 1 MORE 5 YEAR OPTION AVAILABLE. YEARLY INCREASES OF 3%. DANCE STUDIO JUST STARTING A 5 YEAR LEASE WITH YEARLY INCREASES. BOTH UNITS JUST REDONE IN 2016. BOTH SPACES HAVE ADDITIONAL 4,586 SQUARE FOOTAGE STORAGE IN LOWER LEVEL NOT INCLUDED IN THE 4,586 SF BUILDING SIZE MAKING A USABLE SPACE IN BUILDING OF OVER 9,100 SF. ROOF REDONE IN 2009, 2 NEW HVAC UNITS IN 2016, BUILDING EXTERIOR REDONE IN 2016. NET OPERATING INCOME IS $85,378.44 PROPERTY IS BEING OFFERED AT A 6.80% CAP RATE.



Full Features
Built: 1961
Cooling System: Central Individual,Total,Zoned,Ceiling Fans
Stories: 1
Roof: Shingle Composition
Ceiling Height: 9
Current Use: Commercial
Potential Use: Retail
Zoning: RTAIL
Building Square Feet: 4,586
Current Net Income: $85,378


Taxes & Assessments
Taxes: $18,693

Listing Office: Baird & Warner

broker reciprocity

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. 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.


Glen Ellyn

Located 22 miles west of downtown Chicago, Glen Ellyn was incorporated in 1892. The village is known for its motto, “Village of Volunteers,” and is considered one of the most affluent communities in DuPage County. Originally called Babcock's Grove, the…

Learn More


Nearby Public Transportation

Metra
Milwaukee District West, Union Pacific West

at Glen Ellyn Metra (0.12 miles away), Glen Ellyn






515 Crescent Boulevard Glen Ellyn, Illinois 60137 is a retail store property, currently listed at $1,250,000. Want to learn more about 515 Crescent Boulevard Glen Ellyn, Illinois 60137? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.