Single-Story Mixed-Use
For Sale
$475,000
205 Pinecroft Drive, Roselle, IL 60172
Commercially zoned building with rear parking, dual access, and interior improvements requiring completion.
Property Size1,192 SF
Price / SF$398.49
Days on Market37
Property Features for 205 Pinecroft Drive
General Information
Standard status
Active
Size
1,192 SF
Total Parking Spaces
13
Property subtype
Commercial
Zoning
COMMR
Site & Location
Road Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,065
Building Details
Building Size
1,192 SF
Year Built
1958
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX All Pro
(630) 980-4000
Listed By:
Timothy Sotis · License #471008033
(630) 980-4000
Source:
Exit2newbeginningz
Added: Jul 6
Changed: Aug 11
Last Checked: Aug 11 at 2:27AM
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 RE/MAX All Pro
Investment Insights
Based on property information with market context.
This 1,192-square-foot, single-story commercial building was constructed in 1958 and is zoned COMMR. The interior has been cleared of drywall, flooring, and ceilings, allowing the next owner to complete the space. Front and rear entrances are in place, along with a monument sign. The property has been used for office and retail purposes, with the source information also identifying medical practice use as a potential application.
Located in downtown Roselle near Irving Park Road and the Roselle train station, the building offers a rear parking area accommodating approximately 13 cars, plus street parking along the front. The property is within a TIF district, and the Village of Roselle is offering financial incentives to a new buyer. Expressways are also located nearby.
Located in downtown Roselle near Irving Park Road and the Roselle train station, the building offers a rear parking area accommodating approximately 13 cars, plus street parking along the front. The property is within a TIF district, and the Village of Roselle is offering financial incentives to a new buyer. Expressways are also located nearby.
Key Highlights
- 1,192 SF single‑story commercial building constructed in 1958
- COMMR commercial zoning
- Rear parking area accommodates approximately 13 cars, plus street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,115
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$402,300
$402.3K
Cap Rate 7%
$287,357
$287.4K
Cap Rate 9%
$223,500
$223.5K
Market Conditions
NOI Build-Up for 1,192 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.8K $30.00/SF
− Vacancy
−$3.6K −$3.00/SF
EGI
$32.2K $27.00/SF
− OpEx
−$12.1K −$10.13/SF
NOI
$20.1K $16.88/SF
Area
DuPage County, IL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$402,300
Cap Rate 7%
$287,357
Cap Rate 9%
$223,500
Alternative Uses
Best Use
Mixed Use
$287.4K
$251.4K – $335.3K
NOI $20,115 @ 7.0% cap · market cap 4.23%
Second Best
Retail
$236.4K
$206.8K – $275.8K
NOI $16,545 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$411.5K
$360.1K – $480.1K
NOI $28,808 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 60172, IL
24,560
Population
9,401
Households
2.6
Avg Household Size
42
Median Age
41%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
3,509
Density / Sq Mi
$109,322
Median Household Income
$57,995
Median Earnings
$1,498
Median Rent
$323,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned building with rear parking, dual access, and interior improvements requiring completion.
Where is this mixed-use property located?
The property is located at 205 Pinecroft Drive Roselle, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,192 SF single‑story commercial building constructed in 1958; COMMR commercial zoning; Rear parking area accommodates approximately 13 cars, plus street parking
