Search
Commercial Storefront with Rear Parking
For Sale
$475,000

205 Pinecroft Drive, Roselle, IL 60172

Commercial Sale, Roselle, IL

Property Size1,192 SF
Lot Size0.25 Acres
Price / SF$398.49
Days on Market47

Property Features for 205 Pinecroft Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Take Roselle Road to Irving Park Road head East (3 blocks East of Lawrence Ave.), right onto Pinecroft Drive. Property on the Southeast corner.
Subdivision Keeneyville / Roselle
Standard status Active
APN 0202307002
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4065

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1958
Floors in Building 1
Number of units 1
Building materials Aluminum Siding, Vinyl Siding, Brick, Cedar
Listing Agency: RE/MAX All Pro · RE/MAX International
Listed By: Timothy Sotis · License #471008033
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 21 at 3:06AM
MLS# 12695193

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This one-story commercial storefront contains 1,192 square feet and was built in 1958. The interior has been cleared of drywall, flooring, and ceilings, leaving the space ready for completion. Front and rear entry doors support flexible access, while central air conditioning is installed. The property carries COMMR zoning and includes water availability.

Located at 205 Pinecroft Drive in Roselle, the building sits near downtown and the Roselle train station, with access from Irving Park Road. A rear parking lot accommodates approximately 13 cars, and additional street parking is available along the front. The location is also close to expressways.

Key Highlights

  • 1,192‑square‑foot one‑story storefront built in 1958
  • Rear parking lot accommodates approximately 13 cars
  • Front and rear building access

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
$16,545
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
3.48%
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%
$330,900 $330.9K
Cap Rate 7%
$236,357 $236.4K
Cap Rate 9%
$183,833 $183.8K
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
$25.7K $21.60/SF
− Vacancy
−$2.1K −$1.77/SF
EGI
$23.6K $19.83/SF
− OpEx
−$7.1K −$5.95/SF
NOI
$16.5K $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 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%
$330,900
Cap Rate 7%
$236,357
Cap Rate 9%
$183,833

Alternative Uses

Best Use
Retail
$236.4K
$206.8K – $275.8K (±1% cap)
NOI $16,545 @ 7.0% cap · market cap 3.48%
Second Best
Office B
$234.8K
$205.5K – $273.9K (±1% cap)
NOI $16,436 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$411.5K
$360.1K – $480.1K (±1% cap)
NOI $28,808 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Skin Care Clinic Hair Salon Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
Under-served
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • deborah's florals 340 lakeside dr, roselle, il 60172

Frequently Asked Questions

What type of property is this?
Storefront property - One-story commercial storefront with front and rear access, central air, and a substantial rear parking area.
Where is this storefront 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‑square‑foot one‑story storefront built in 1958; Rear parking lot accommodates approximately 13 cars; Front and rear building access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message