Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    908 E Roosevelt Rd Lombard, IL 60148

    Sponsored
    For Sale
    Under Contract
    $150,000

    COMMERCIAL - Lombard, IL

    Lot size:
    0.46 Acres
    Days on Market:
    110
    Last Refresh:
    Jan 19 at 5:06 pm

    Property Features for 908 E Roosevelt Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    9999999000
    Lot size
    0.46 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Hayfa Dahleh-Allan

    Village Realty (708) 478-1212 [email protected]

    Listing agent Hayfa Dahleh-Allan (708) 289-8889

    Listing date Oct 2, 2025

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Established Halal Restaurant Business

    This is an opportunity to acquire a well-established Zabiha Halal certified restaurant business situated in a prime location in Lombard, Illinois. This turnkey operation presents a unique opportunity for entrepreneurs seeking a fully equipped business. The sale encompasses all equipment, furnishings, and goodwill essential for ongoing operations; however, the real estate itself is not included in the sale. A favorable lease agreement is in place through October 2027, providing security for the new owner. The restaurant benefits from high visibility along Roosevelt Road and is easily accessible from several major thoroughfares, including Route 53, I-355, and I-88, facilitating access for both local and regional customers. The diverse menu features specialty pizzas, burgers, wings, and gyros, catering to a wide range of tastes. The restaurant is Zabiha Halal certified, ensuring all meats are prepared to the highest halal standards. The property is located in DuPage County, with a lot size of 0.46 acres. This is an ideal opportunity for both seasoned restaurateurs and new business owners alike.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    J&M Catering

    Location Insight

    • Map
    • Local Demand
    City
    Lombard
    County
    DuPage
    State
    Illinois
    Longitude
    -87.994898
    Latitude
    41.8610253

    Nearby Similar for Sale

    • New
      $429,000

      Lombard Brick Duplex on Prairie Path

      Solid brick duplex in Lombard, Illinois, near the Prairie Path.
      831 South Broadway Ave, Flowerfield, IL 60148
      View Details
    • $210,000

      Rare First Floor Condo Unit

      Spacious 3-bedroom condo with updated features and convenient location.
      1313 S Rebecca Rd, Lombard, IL 60148
      View Details
    • $2,000,000
      0.30 Acres

      Lombard Multifamily Investment Opportunity

      Multifamily property in Lombard, Illinois with 12 units.
      105 E Grove St, Lombard, IL 60148
      View Details
    • $262,000

      Lombard Condo with Balcony

      Charming 2-bedroom condo in Lombard, near shopping and restaurants.
      2250 S Grace St, Lombard, IL 60148
      View Details
    • Contact for pricing
      211,528 SF

      Lombard Office Space For Sale

      Office space for sale near Yorktown Mall and I-88.
      700 E Butterfield Rd, Lombard, IL 60148
      View Details
    • Contact for pricing
      125,719 SF

      Office Space at Butterfield Centre

      Office space for sale with upcoming renovations and many amenities.
      720 E Butterfield Rd, Lombard, IL 60148
      View Details
    • $199,900

      Lombard Condo with Balcony View

      Two-story Lombard condo with balcony, convenient location, and ongoing updates.
      120A Collen Dr, Lombard, IL 60148
      View Details
    • Contact for pricing
      139 SF

      Retail Building in Lombard, Illinois

      Retail building in Lombard's dense retail pocket available for sale.
      2860 S Highland Ave, Lombard, IL 60148
      View Details
    • Contact for pricing
      32,113 SF

      Lombard Flex Space For Sale

      Flex space with access to major highways and amenities.
      401-419 Eisenhower Ln S, Lombard, IL 60148
      View Details
    • $341,000
      2,200 SF

      Updated Office Building For Sale

      Move-in ready office building with modern updates and ample parking.
      101 W 22Nd St, Lombard, IL 60148
      View Details
    • Contact for pricing
      27,298 SF

      Lombard Warehouse with Secured Storage

      27,298 SF warehouse with fenced, secured outside storage.
      600 E Western Ave, Lombard, IL 60148
      View Details
    • $495,000
      3,312 SF

      Downtown Lombard Mixed-Use Building

      Prime Lombard location, high traffic, motivated seller.
      230 Main St, Lombard, IL 60148
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant business opportunity in a prime Lombard location.
    Where is this restaurant located?
    The property is located at 908 E Roosevelt Rd Lombard, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Turnkey, Zabiha Halal Certified restaurant business with all equipment, furnishings, and goodwill included.; - Prime Lombard location with **high visibility on Roosevelt Road.**; - Favorable lease agreement in place through October 2027.
    (708) 478-1212
    Request Owner's contact information
    908 E Roosevelt Rd Lombard, IL 60148
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    908 E Roosevelt Rd
    Lombard, IL 60148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    908 E Roosevelt Rd Lombard, IL 60148
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Hayfa Dahleh-Allan
    (708) 478-1212
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.