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532-534 Crescent Blvd 4,100 SF 100% Leased Retail Building Glen Ellyn, IL 60137 $999,900 ($243.88/SF) 6.15% Cap Rate
Investment Highlights
- Prime downtown location
- Strong history of occupancy
- High foot traffic
Executive Summary
Located in the heart of Downtown Glen Ellyn, this
Commercial/Residential building sits right across the Metra Station
and right next to Starbucks. Long term commercial tenant enjoys
high foot traffic. Residential apartments are easy to fill due to easy
access to Metra, shopping and restaurants. Excellent additional
income from outdoor advertisement cases.
Commercial/Residential building sits right across the Metra Station
and right next to Starbucks. Long term commercial tenant enjoys
high foot traffic. Residential apartments are easy to fill due to easy
access to Metra, shopping and restaurants. Excellent additional
income from outdoor advertisement cases.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$96,000
|
$23.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,000
|
$23.41
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$34,464
|
$8.41
|
| Net Operating Income |
$61,536
|
$15.01
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $23.41 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $23.41 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $34,464 |
| Annual Per SF | $8.41 |
| Net Operating Income | |
|---|---|
| Annual | $61,536 |
| Annual Per SF | $15.01 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,100 SF
Building Class
C
Year Built
1914
Price
$999,900
Price Per SF
$243.88
Cap Rate
6.15%
NOI
$61,535
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.07 AC
Zoning
C, Glen Ellyn
Frontage
37’ on Crescent Blvd
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Enchantments
- Retailer
- -
- -
- -
- Lulu's Pizzeria
- Professional, Scientific, and Technical Services
- -
- -
- -
-
- Accommodation and Food Services
- -
- -
- -
Starbucks Corporation began in 1971 as a coffee bean retailer in Seattle's Pike Place Market. The company transformed into a coffeehouse under Howard Schultz's leadership in the 1980s. Starbucks expanded internationally in the 1990s, establishing a worldwide presence with company-operated stores and licensed locations. The business serves coffee beverages, teas, and various food items while operating through multiple segments including retail operations and product licensing. Starbucks maintains a significant global footprint in the coffee retail industry.
- Village Herbalist
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Enchantments | Retailer | - | - | - | ||
| Lulu's Pizzeria | Professional, Scientific, and Technical Services | - | - | - | ||
|
|
Accommodation and Food Services | - | - | - | ||
| Village Herbalist | Retailer | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-11-317-008 | Improvements Assessment | $154,714 (2024) |
| Land Assessment | $28,236 (2024) | Total Assessment | $182,950 (2024) |
Property Taxes
Parcel Number
05-11-317-008
Land Assessment
$28,236 (2024)
Improvements Assessment
$154,714 (2024)
Total Assessment
$182,950 (2024)
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532-534 Crescent Blvd
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