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Downtown Office Condo Suite
For Sale
$275,000

25 E Main Street, Roselle, IL 60172

Commercial Sale, Roselle, IL

Property Size1,475 SF
Lot Size0.91 Acres
Price / SF$186.44
Days on Market113

Property Features for 25 E Main Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Roselle Road SOUTH OF IRVING TO Main Street then east TO 25 (Turn by Starbucks).
Subdivision Keeneyville / Roselle
Standard status Active
APN 0203427007
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4225

Utilities

Cooling system Central Air

Building Details

Year built 2003
Floors in Building 2
Number of units 1
Flooring type Vinyl
Building materials Brick, Concrete, Steel Siding
Listing Agency: McAllister Real Estate
Listed By: Christopher McAllister · License #471002408
Added: May 4 Changed: Aug 19 Last Checked: Aug 24 at 4:06PM
MLS# 12638911

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

For sale is a downtown office condominium suite in an elevator-served building. Suite 202 is configured as an office space and totals 1,475 square feet. The listing notes C zoning under zoning designation COMMR, offering flexibility for business uses.

The property is located at 25 E Main Street in Roselle. The monthly assessment is stated to include heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping-helping simplify ownership and ongoing operating expenses.

Suite 202 provides a convenient, elevator access office setting within a central downtown environment surrounded by established businesses and public destinations.

Key Highlights

  • 2003‑built commercial office condo in downtown Roselle
  • Suite 202 offers 1,475 sq. ft. of office space in an elevator building
  • Central air cooling

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,338
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.40%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$406,760 $406.8K
Cap Rate 7%
$290,543 $290.5K
Cap Rate 9%
$225,978 $226.0K
Market Conditions
NOI Build-Up for 1,475 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.1K $24.48/SF
− Vacancy
−$9.0K −$6.10/SF
EGI
$27.1K $18.38/SF
− OpEx
−$6.8K −$4.60/SF
NOI
$20.3K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$406,760
Cap Rate 7%
$290,543
Cap Rate 9%
$225,978

Alternative Uses

Best Use
Office B
$290.5K
$254.2K – $339.0K (±1% cap)
NOI $20,338 @ 7.0% cap · market cap 7.40%
Second Best
no second resolved use
Theoretical Best
Office A
$509.3K
$445.6K – $594.1K (±1% cap)
NOI $35,648 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Food Market Daycare Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby

Demographics for 60172, IL

24,560
Population
9,401
Households
2.6
Avg Household Size
42
Median Age
41%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
3,509
Density / Sq Mi
$109,322
Median Household Income
$57,995
Median Earnings
$1,498
Median Rent
$323,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office condo in an elevator building, offered in Suite 202 with C zoning in downtown Roselle.
Where is this office units located?
The property is located at 25 E Main Street Roselle, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2003‑built commercial office condo in downtown Roselle; Suite 202 offers 1,475 sq. ft. of office space in an elevator building; Central air cooling
More about this property
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