300 Roosevelt RdWheaton, IL 60187

  • Office buildings
  • 23,517 SF
For Lease
$21/SF/YR View listing

Property Details for 300 Roosevelt Rd

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.22 AC
Property size (Sq ft)
23,517 SF
Zone code
C
Property type
Office buildings
APN
05-21-200-076
APU
521200076

Description

This exceptional executive office space, located at 300 E Roosevelt Rd in Wheaton, Illinois, offers a rare opportunity to lease a significant portion of a prestigious three-story building. The property boasts a total of 22,000 square feet, currently featuring one large suite available for lease. This particular suite comprises 3,460 square feet, providing ample room for a growing business or a company seeking a prominent location. The building is situated in DuPage County, within the 60187 zip code, offering easy access to major transportation routes and amenities. The property is classified as an Executive Office building, reflecting its high-quality construction and finishes. Parking is abundant, ensuring convenient access for employees and clients. The building's multiple tenancy structure allows for a diverse and vibrant business environment. This is an ideal location for businesses seeking a sophisticated and well-maintained office space in a thriving community. The 3,460 square foot suite is ready for immediate occupancy, presenting a unique chance to establish a strong presence in Wheaton. Contact us today to schedule a viewing and explore the possibilities of this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,246,274
    6.5%
    $3,919,637
    7%
    $3,639,663
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,387,521
    Geo Method
    $3,063,089
  • Alternative Use

    Use
    Valuation
    Residential
    $4,860,350
    Hospitality
    $4,452,054
    Educational
    $3,704,057
    Medical
    $3,831,445
    Retail
    $5,761,866

Location Insight

City
Wheaton
County
Dupage
State
Illinois
Latitude
41.8585
Longitude
-88.1017
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
$57,965
$225,350
$632,370
$857,720
-
$676,050
$1,897,110
$2,573,160

FAQs

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