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440 N Main St 10,690 SF 100% Leased Retail Building Glen Ellyn, IL 60137 $2,399,000 ($224.42/SF) 7.58% Cap Rate
Investment Highlights
- Prime location in Glen Ellyn area
- 8 units
- Zoned C5A
Executive Summary
In the heart of Glen Ellyn, this prime retail property offers an
exceptional investment opportunity. Boasting a 10,690 SF building
with 8 units, this charming space presents a wealth of possibilities
for retail entrepreneurs. Built in 1927 and zoned C5A, it exudes
character while providing a versatile foundation for creative
business endeavors. With its desirable location, this property
enjoys proximity to a bustling commercial district and the vibrant
pulse of the city. Invest in a piece of history while tapping into the
potential of this thriving retail market. This property offers a
promising future for retail businesses seeking a prime position in
Glen Ellyn's dynamic landscape
exceptional investment opportunity. Boasting a 10,690 SF building
with 8 units, this charming space presents a wealth of possibilities
for retail entrepreneurs. Built in 1927 and zoned C5A, it exudes
character while providing a versatile foundation for creative
business endeavors. With its desirable location, this property
enjoys proximity to a bustling commercial district and the vibrant
pulse of the city. Invest in a piece of history while tapping into the
potential of this thriving retail market. This property offers a
promising future for retail businesses seeking a prime position in
Glen Ellyn's dynamic landscape
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$242,805
|
$22.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$242,805
|
$22.71
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$60,892
|
$5.70
|
| Net Operating Income |
$181,913
|
$17.02
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $242,805 |
| Annual Per SF | $22.71 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $242,805 |
| Annual Per SF | $22.71 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $60,892 |
| Annual Per SF | $5.70 |
| Net Operating Income | |
|---|---|
| Annual | $181,913 |
| Annual Per SF | $17.02 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,690 SF
Building Class
C
Year Built
1927
Price
$2,399,000
Price Per SF
$224.42
Cap Rate
7.58%
NOI
$181,913
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.75
Lot Size
0.14 AC
Zoning
C-5 - Central Business District
Frontage
70’ on North Main Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cabernet & Company
- -
- -
- -
- -
- Insula Aestheltics
- -
- -
- -
- -
- O'Connor Design
- -
- -
- -
- -
- The Glen Ellyn Vision Center
- Health Care and Social Assistance
- -
- -
- Dec 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cabernet & Company | - | - | - | - | ||
| Insula Aestheltics | - | - | - | - | ||
| O'Connor Design | - | - | - | - | ||
| The Glen Ellyn Vision Center | Health Care and Social Assistance | - | - | Dec 2027 |
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-11-327-012 | Improvements Assessment | $371,473 (2024) |
| Land Assessment | $70,062 (2024) | Total Assessment | $441,535 (2024) |
Property Taxes
Parcel Number
05-11-327-012
Land Assessment
$70,062 (2024)
Improvements Assessment
$371,473 (2024)
Total Assessment
$441,535 (2024)
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440 N Main St
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