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440 N Main St 10,690 SF 100% Leased Retail Building Glen Ellyn, IL 60137 $3,334,586 CAD ($311.94 CAD/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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$337,497
|
$31.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$337,497
|
$31.57
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$84,639
|
$7.92
|
| Net Operating Income |
$252,857
|
$23.65
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $337,497 |
| Annual Per SF | $31.57 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $337,497 |
| Annual Per SF | $31.57 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $84,639 |
| Annual Per SF | $7.92 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $252,857 |
| Annual Per SF | $23.65 |
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
$3,334,586 CAD
Price Per SF
$311.94 CAD
Cap Rate
7.58%
NOI
$252,857 CAD
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
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 05-11-327-012 | Improvements Assessment | $510,218 CAD (2024) |
| Land Assessment | $96,230 CAD (2024) | Total Assessment | $606,448 CAD (2024) |
PROPERTY TAXES
Parcel Number
05-11-327-012
Land Assessment
$96,230 CAD (2024)
Improvements Assessment
$510,218 CAD (2024)
Total Assessment
$606,448 CAD (2024)
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