330 Roosevelt RdLombard, IL 60148

  • Investment properties
  • 24,805 SF
For Lease
$14/SF/YR View listing

Property Details for 330 Roosevelt Rd

Year built
1963
Lot size
1.22 AC
Property size (Sq ft)
24,805 SF
Zone code
C
Property type
Investment properties
Property subtype
Live-work space
APN
06-17-316-008
APU
617316008

Description

This exceptional retail property, located at 330 W. Roosevelt Road in Lombard, Illinois, offers 27,576 square feet of total building space on a 2.58-acre lot. Currently, 12,000 square feet is available for lease, presenting a significant opportunity for a single tenant. The property boasts ample parking, catering to the needs of both customers and employees. Situated in the vibrant Roosevelt Road Retail Corridor, this location benefits from high visibility and significant foot traffic. The property is zoned B4A within DuPage County and features a single-tenant occupancy. The address is 330 W. Roosevelt Rd, Lombard, IL 60148. This prime retail space offers a unique chance to establish or expand a business in a thriving commercial area. The substantial square footage and convenient parking make it an ideal location for a variety of retail ventures. The property's location within the bustling Roosevelt Road Retail Corridor ensures high visibility and accessibility for potential customers. This is a rare opportunity to secure a significant retail presence in a desirable Lombard location. The 12,000 square feet of vacant space provides ample room for customization and expansion. The property's zoning (B4A) should be verified with DuPage County for specific permitted uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,478,837
    6.5%
    $4,134,311
    7%
    $3,839,003
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,518,282
    Geo Method
    $3,230,851
  • Alternative Use

    Use
    Valuation
    Residential
    $5,126,546
    Hospitality
    $4,695,888
    Educational
    $3,906,924
    Medical
    $4,041,289
    Retail
    $6,077,438

Location Insight

City
Lombard
County
Dupage
State
Illinois
Latitude
41.8609
Longitude
-88.009
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,975
$192,950
$391,210
$584,160
-
$578,850
$1,173,630
$1,752,480

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