Find out how a millennial made $100K on his home
Read More
MLS® ID: 10055363

515 Crescent Boulevard

Glen Ellyn, Illinois, 60137

$950,000 Pending
  • - SQFT
THE iconic retail building in the heart of charming Glen Ellyn. 2 tenant building - fully leased, triple net. Brand new 5 year lease for well known restaurant (onset 8/1/2018) with 3% increases and 1 five year option. Dance studio leased through 2021 with 2% increases and 1 five year option. The asking cap rate is 7.85% Building continues to be meticulously maintained, with monthly roof inspections - roof is 8 years old. New AC in fall of 2017 and furnace is 7 years old. The entire exterior was painted in 2016, and new entryway tiling in 2018. 2 Toots restaurant is 2,131 SF and the dance studio is 2,594 SF. Each unit has additional 4,586 SF of storage in the basement which equals a total of 9,100 SF of usable space. This is a SOLID investment on the BEST corner of downtown Glen Ellyn. Showings will be during work hours only, and must be confirmed with listing agent - minimum 24 hour notice required.
Read More

Listing courtesy of RE/MAX Suburban

Amenities

  • Zip
    60137
  • Office name
    RE/MAX Suburban
  • Property type
    Retail/Stores
  • Zoning type
    RTAIL
  • Year built
    1961
  • Heating
    Central Heat/Indiv Controls,Gas,Ceiling Fans
  • Tax year
    2018
  • Agent name
    Lance Kammes
  • Tax amount
    $ 18704.0
  • Purchase Type
    Pending
  • Price Range
    $900k-$1m
  • Year Built Range
    1989 (and earlier)
  • Office ID
    25163
  • Agent ID
    253931

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info