Retail/Office Building | 475-477 N. Main Street
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Retail/Office Building 475-477 N. Main Street
4,580 SF 100% Leased Retail Building Glen Ellyn, IL 60137 £710,100 (£155/SF) 5.92% Net Initial Yield
Investment Highlights
- Prime downtown Glen Ellyn location with excellent visibility and foot traffic, surrounded by vibrant shops and restaurants.
- Conveniently located near Glen Ellyn Metra station and ample public parking, ensuring easy access for customers and clients.
- Charming storefront with large display windows and flexible interior space suitable for retail or office use.
Executive Summary
Retail/Office building in the heart of downtown Glen Ellyn. This historic building (built in 1892 & 1906) has long term tenants and experiences little to no vacancy. The bookstore has been a tenant for over 64 years. Restaurants, shopping and the train are all close by. This property is rarely on the market. Now is your opportunity to own an historic and valuable piece of downtown Glen Ellyn that will retain it's value well into the future.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,580 SF
Building Class
C
Year Built
1892
Price
£710,100
Price Per SF
£155
Net Initial Yield
5.92%
NOI
£42,010
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.87
Land Acres
0.12 AC
Zoning
C
Frontage
45 ft on North Main Street
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
Parcel Number | 05-11-317-005 | Improvements Assessment | £137,564 |
Land Assessment | £44,296 | Total Assessment | £181,860 |
PROPERTY TAXES
Parcel Number
05-11-317-005
Land Assessment
£44,296
Improvements Assessment
£137,564
Total Assessment
£181,860
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Retail/Office Building | 475-477 N. Main Street
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