650 Roosevelt RdGlen Ellyn, IL 60137
- Retail space
- 7,450 SF
Property Details for 650 Roosevelt Rd
- Year built
- 1968
- Lot size
- 1.15 AC
- Property size (Sq ft)
- 7,450 SF
- Zone code
- C
- Property type
- Retail space
- APN
- 05-14-419-035
- APU
- 514419035
Description
This exceptional retail property at 650 Roosevelt Road in Glen Ellyn, Illinois, 60137 offers a fantastic opportunity for businesses seeking flexible space in a vibrant location. The property features multiple tenancy options, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet. Currently, there are 7,000 square feet of vacant space available, presenting a unique chance to establish or expand your retail presence. The property's address is conveniently located on Roosevelt Road, offering excellent visibility and accessibility for customers. This prime retail space is ideal for a variety of businesses seeking a high-traffic location in a thriving community. The property's location in Glen Ellyn, Illinois provides access to a strong local market and a diverse customer base. The flexible space options allow for customization to suit individual business needs, making it an attractive proposition for both established businesses and new ventures. This is a rare opportunity to secure a prominent retail space in a desirable location. Don't miss out on this chance to establish your business in a thriving community. Contact us today to learn more about this exceptional retail opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,977,423
- 6.5%
- $1,825,314
- 7%
- $1,694,934
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,905,996
- Geo Method
- $2,445,314
-
Alternative Use
- Use
- Valuation
- Residential
- $1,539,720
- Hospitality
- $1,410,376
- Educational
- $1,173,416
- Medical
- $1,213,772
- Retail
- $1,825,314
Location Insight
- City
- Glen Ellyn
- County
- Dupage
- State
- Illinois
- Latitude
- 41.8602
- Longitude
- -88.0604
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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