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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.
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Listing courtesy of RE/MAX Suburban


  • Zip
  • Office name
    RE/MAX Suburban
  • Property type
  • Zoning type
  • Year built
  • Heating
    Central Heat/Indiv Controls,Gas,Ceiling Fans
  • Tax year
  • Agent name
    Lance Kammes
  • Tax amount
    $ 18704.0
  • Purchase Type
  • Price Range
  • Year Built Range
    1989 (and earlier)
  • Office ID
  • Agent ID


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