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515 Crescent Blvd
Glen Ellyn, IL 60137

Crescent Blvd · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,586 SF
Building Class
B
Year Built/Renovated
1961/2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.12 AC
Zoning
C
Frontage
99 FT on Crescent Blvd

Amenities

  • Bus Line
  • Commuter Rail
  • Restaurant
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

About 515 Crescent Blvd , Glen Ellyn, IL 60137

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 7.42% 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-11-316-005
Land Assessment
$56,790
Improvements Assessment
$228,460
Total Assessment
$285,250
  • Listing ID: 13526493

  • Date on Market: 8/17/2018

  • Last Updated:

  • Address: 515 Crescent Blvd, Glen Ellyn, IL 60137

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