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350 W Duane St
Glen Ellyn, IL 60137
Glen Ellyn Development Site · Land For Sale · 1.14 AC

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INVESTMENT HIGHLIGHTS

  • Transit Oriented Development Site
  • Upzoning Potential
  • Proximity to DowntownProximity to Downtown

EXECUTIVE SUMMARY

Approximately 1 acre just west of the Metra line in the affluent Glen Ellyn community, the TOD site is specifically called out in the municipal comprehensive plan with an intention to design multifamily on the site and there have been three new apartment deals that have been executed in town and Glenwood Station (which just delivered in May) is already above 50% leased at over $3.20PSF, top of the market for the Chicago burbs. This is potentially the last currently feasible downtown Glen Ellyn site to bookend a great community. There also may be TIF available for this future project.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.14 AC
No. Stories 1
Zoning C5B

1 LOT AVAILABLE

Lot

Lot Size 1.14 AC

The property at 350-362 Duane Street in Glen Ellyn, Illinois, presents an exceptional opportunity for development in one of the region's most desirable western suburbs. This 49,658 SF site is ideally positioned for a ground-up multifamily development

DESCRIPTION

The property at 350-362 Duane Street in Glen Ellyn, Illinois, presents an exceptional opportunity for development in one of the region's most desirable western suburbs. Spanning 49,658 square feet (1.14 acres) with 340 feet of frontage along Duane Street, this site is ideally positioned for a ground-up multifamily development. Located within walking distance of downtown Glen Ellyn and the Metra station, the property is transit-oriented and perfectly aligned with modern urban living trends. With the influx of Chicagoland suburban growth, we believe this site is a prime candidate for a developer to build on, offering significant potential to create a vibrant residential community that complements the area’s established charm. The proximity to downtown amenities, restaurants, and shops, coupled with easy access to public transportation, makes this location highly appealing for young professionals, families, and commuters seeking convenience and a high quality of life.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-10-411-040
Land Assessment
$264,289
Improvements Assessment
$156,507
Total Assessment
$420,796
  • Listing ID: 37914801

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 350 W Duane St, Glen Ellyn, IL 60137

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