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Property profile & analytics
OFF-MARKET
Retail space

731 Nerge Rd Roselle, IL 60172-1061

1.89 ac lot Built 1977
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US28-2490106
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Lot 1.89 ac (82,328 SF)
APN 07-35-316-002
UPID US28-2490106
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Google LLC · 19 yrs held
Google LLC
since 2007
3 recorded transactions
2007
$3.7M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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