Commercial Building on 2.3
For Sale
Contact for pricing
2040 W Roosevelt Rd, West Chicago, IL
Free-standing commercial building with manufacturing zoning and special use permit.
Property Size4,250 SF
Lot Size450.86 Acres
Price / SF$447.06
Days on Market349
Property Features for 2040 W Roosevelt Rd
General Information
Standard status
Active
Size
4,250 SF
Lot size
450.86 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Morken & Associates
(630) 567-7804
Listed By:
Steve Morken
(630) 567-7800
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Oct 27
Last Checked: Oct 28 at 5:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Morken & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a free-standing commercial building situated on a 2.3-acre site. It is zoned M - Manufacturing and has a special use permit for a landscaping business. The property includes two buildings: a front office sales office with two drive-in doors and a floor drain, and a rear building suitable for shop or repair purposes with three drive-in doors. The building size is 4,250 square feet.
Key Highlights
- 2. 3 Acre Site
- Zoned M - Manufacturing - with Special Use Permit for Landscaping Business
- Free‑Standing Commercial Building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,991
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,820
$1.2M
Cap Rate 7%
$842,729
$842.7K
Cap Rate 9%
$655,456
$655.5K
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$91.8K $21.60/SF
− Vacancy
−$7.5K −$1.77/SF
EGI
$84.3K $19.83/SF
− OpEx
−$25.3K −$5.95/SF
NOI
$59.0K $13.88/SF
Area
DuPage County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,820
Cap Rate 7%
$842,729
Cap Rate 9%
$655,456
Alternative Uses
Best Use
Retail
$842.7K
$737.4K – $983.2K
NOI $58,991 @ 7.0% cap · market cap 3.10%
Second Best
Industrial
$261.4K
$228.7K – $304.9K
NOI $18,295 @ 7.0% cap · market cap 0.96%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,713 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Free-standing commercial building with manufacturing zoning and special use permit.
Where is this manufacturing property located?
The property is located at 2040 W Roosevelt Rd West Chicago, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 2. 3 Acre Site; Zoned M - Manufacturing - with Special Use Permit for Landscaping Business; Free‑Standing Commercial Building
