Estimated payment $12,614/month
About This Lot
Opportunity to acquire a portion of 424 Forest Ave in Glen Ellyn, Illinois. The Property is being offered to developers/ investors in this well located and versatile building / redevelopment. The space is approximately 12,000 SF land site (includes the North portion of the existing church from First United Methodist Church of Glen Ellyn. A developer has the opportunity to build up to a maximum building height of 45'. Potential to build approximately 30,000 SF to 36,000 SF. The Property is located in the heart of downtown Glen Ellyn. This location offers many nearby amenities, including many upscale restaurants, parks, and a quick walk to the train station. Its also adjacent to the new Glen Ellyn Municipal parking lot. One of the last infill sites in Glen Ellyn.
Property Details
Property Type
- Land
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 150x227
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | -- | -- | -- | -- |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $2,000,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,325,000 | Commercial | |
| Closed | $2,000,000 | Unknown | |
| Closed | $2,000,000 | Construction | |
| Closed | $320,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12083402
APN: 05-11-328-025
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