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    621-649 E Roosevelt Rd Lombard, IL 60148

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    For Lease
    $23 SF/Yr ($17,786 /Mo)

    9,280 SF neighborhood center with excellent visibility on Roosevelt Road.

    Property size:
    9,280 SF
    Lot size:
    9,280 SF

    Property Features for 621-649 E Roosevelt Rd

    General Information

    Size
    9,280 SF

    Building Details

    Year built
    1987

    Source: Carlo Rossi Agent Carlo Rossi

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

    Overview

    Roosevelt Road Retail Space Available

    The Roosevelt Road Retail is a 9,280 square foot neighborhood center featuring a mix of local and national tenants, including One Main Financial and Sweet Reserve Bakery. The shopping center is located on the south end of Roosevelt Road, situated between Meyers Road and Highland Avenue in Lombard, Illinois. The location benefits from high local incomes, a strong daytime population, and excellent visibility, with high traffic counts of 41,600 vehicles per day on Roosevelt Road. Nearby popular local businesses contribute to drive-by business opportunities. The property features a recently renovated facade and a great tenant mix, making it suitable for various businesses.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lombard
    County
    DuPage
    State
    Illinois
    Longitude
    -88.002188
    Latitude
    41.8592524

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    FAQs

    What type of property is this?
    Strip mall - 9,280 SF neighborhood center with excellent visibility on Roosevelt Road.
    Where is this strip mall located?
    The property is located at 621-649 E Roosevelt Rd Lombard, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on heavily traveled Roosevelt Road; - High traffic counts: 41,600 VPD; - Recently renovated facade
    (630) 652-2999
    Request Owner's contact information
    621-649 E Roosevelt Rd Lombard, IL 60148
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    Lombard, IL 60148
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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
    621-649 E Roosevelt Rd Lombard, IL 60148
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