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    731 Nerge Rd Roselle, IL 60172

    Sponsored
    For Sale
    $2,600,000

    Prime Roselle location, high-traffic retail space.

    Property size:
    23,881 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a 23,881 square foot strip center ideally situated in the heart of Roselle, Illinois. The property, located at 731 E Nerge Road Unit 731-791, enjoys excellent visibility and accessibility due to its strategic placement on Nerge Road and Plum Grove Road, ensuring high traffic flow and prominent exposure to potential customers. The center's prime location within a thriving commercial area guarantees a strong foundation for sustained success. The property is categorized as "Other" in property type, offering a versatile space adaptable to a variety of retail businesses. With a total area of 23,881 square feet, the center provides ample space for multiple tenants or a single large-scale operation. The asking price for this exceptional investment opportunity is $2,600,000. This represents a significant chance to acquire a well-positioned retail property in a dynamic and growing market. The property sits on a 0-acre lot, making it a compact and efficient retail space. Its location within the Plum Grove shopping center further enhances its appeal and potential for attracting a diverse clientele. This is a rare opportunity to acquire a thriving commercial property in a high-demand area. Serious inquiries are encouraged.

    Property Features for 731 Nerge Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    23,881 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Roselle
    County
    Cook
    State
    Illinois
    Longitude
    -88.0612
    Latitude
    41.99815

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Roselle location, high-traffic retail space.
    Where is this commercial real estate located?
    The property is located at 731 Nerge Rd Roselle, IL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (630) 216-8000
    Request Owner's contact information
    731 Nerge Rd Roselle, IL 60172
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    Roselle, IL 60172
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    Realmo Value Estimation

    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.

    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.

    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
    731 Nerge Rd Roselle, IL 60172
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