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    820 E Roosevelt Rd Wheaton, IL 60187

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    For Sale
    $2,595,000

    Fully leased retail strip with investment grade anchor tenant.

    Property size:
    14,630 SF
    Lot size:
    1.20 Acres

    Property Features for 820 E Roosevelt Rd

    General Information

    Size
    14,630 SF
    Lot size
    1.20 Acres

    Source: Greenstone Partners - Corporate Agent Brewster Hague

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Retail Strip For Sale

    This fully leased retail strip offers an e-commerce-resistant tenancy and features an investment grade anchor tenant. The property benefits from excellent visibility and is situated in a premier retail corridor. It is located at 820 E Roosevelt Rd, Wheaton, IL. The property has excellent demographics and location advantages. The property has a size of 14630 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PRO Martial Arts ... Martial Arts School Jimmy John's Sandwich Shop O'Reilly Auto Parts Auto Parts Store Midwest Strength & Performance Fitness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wheaton
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0938924
    Latitude
    41.8584531

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail strip with investment grade anchor tenant.
    Where is this strip mall located?
    The property is located at 820 E Roosevelt Rd Wheaton, IL.
    What is the asking price?
    The asking price for this property is $2,595,000.
    What are key features of this property?
    This property features: - Investment grade anchor tenant provides stability.; - Fully leased retail strip offers immediate income.; - Excellent visibility in a premier retail corridor.
    (312) 614-1498
    Request Owner's contact information
    820 E Roosevelt Rd Wheaton, IL 60187
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    Wheaton, IL 60187
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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
    820 E Roosevelt Rd Wheaton, IL 60187
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