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500 Crescent Blvd
Glen Ellyn, IL 60137
Retail Property For Sale
Investment Highlights
- Downtown Glen Ellyn location within steps of METRA train station.
- 8 on-site parking spaces plus access to a large public parking lot across the street.
- Highly walkable area surrounded by a mix of restaurants, cafes, and specialty shops.
- Multi-tenant retail building with current rental income in place.
- Monument signage and strong visibility from both Main Street and Pennsylvania Avenue.
- Located in a strong demographic trade area with robust household incomes and consumer spending.
Executive Summary
This offering presents a ±13,491 SF multi-tenant retail property located in the heart of downtown Glen Ellyn, Illinois. Positioned within the C5A CBD retail core, the site delivers unbeatable connectivity and convenience with immediate proximity to the historic Main Street district and the Glen Ellyn METRA station. Two existing tenants occupy approximately 4,620 SF, creating a solid income stream and reduced vacancy risk for investors.
The property spans 0.37 acres and features on-site parking, monument signage, and strong visibility along Crescent Blvd and Pennsylvania Ave. A large public lot located across the street provides additional parking for customer convenience. Surrounding amenities include an array of dining establishments, boutique retailers, and personal services, fostering consistent foot traffic and a vibrant neighborhood customer base.
With a sale price of $1,900,000 and zoning aligned for retail and commercial use, this asset offers investors a stable, income-producing property with future lease-up potential. Three units include one vacant space (approx. 8,871 SF), allowing added value creation through repositioning or strategic lease structuring.
The property spans 0.37 acres and features on-site parking, monument signage, and strong visibility along Crescent Blvd and Pennsylvania Ave. A large public lot located across the street provides additional parking for customer convenience. Surrounding amenities include an array of dining establishments, boutique retailers, and personal services, fostering consistent foot traffic and a vibrant neighborhood customer base.
With a sale price of $1,900,000 and zoning aligned for retail and commercial use, this asset offers investors a stable, income-producing property with future lease-up potential. Three units include one vacant space (approx. 8,871 SF), allowing added value creation through repositioning or strategic lease structuring.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,491 SF
Building Class
B
Year Built
1970
Price
$1,900,000
Price Per SF
$140.83
Percent Leased
34%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.37 AC
Zoning
C5A-CBD - Commercial
Parking
10 Spaces (0.74 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $340,684 | |
| Land Assessment | $182,797 | Total Assessment | $523,481 |
Property Taxes
Parcel Numbers
Land Assessment
$182,797
Improvements Assessment
$340,684
Total Assessment
$523,481
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