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Downtown Roselle Luxury Condo
For Sale
$335,000

225 Main Street #205, Roselle, IL 60172

Luxury condo in downtown Roselle near Metra and amenities.

Property Size1,388 SF
Days on Market365

Property Features for 225 Main Street #205

General Information

Standard status Active
Size 1,388 SF
Property subtype Condominium

Amenities

Radiant
Natural Gas
Central Air
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Deck, Asphalt

Building Details

Building Size 1,388 SF
Year Built 2008
Listing Agency: Premier Living Properties
Listed By: Tamara O'Connor · License #475110537
Source: Kw
Added: Aug 21, 2025 Changed: Aug 14 Last Checked: Aug 18 at 10:39PM

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 Premier Living Properties

Investment Insights

Based on property information with market context.

This luxury corner unit condo features 2 bedrooms and 2 baths and is located in the heart of downtown Roselle, steps from the Metra, library, Starbucks, and Lynfred Winery. The kitchen is equipped with stainless steel appliances, maple cabinetry, and granite countertops. Upgraded ceramic tile flooring extends through the entry, hallways, kitchen, laundry, and baths. The spacious living area opens to a private balcony. The building is secure and features an elevator. The unit includes 1 heated underground garage space with storage, plus 1 deeded outdoor parking space. This property is FHA Approved.

Key Highlights

  • Prime Downtown Roselle Location: Steps from Metra, library, Starbucks, and Lynfred Winery.
  • 2‑Bedroom, 2‑Bath Corner Unit Condo.
  • Heated Underground Garage Space with Storage plus 1 Deeded Outdoor Parking Space.

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
$16,102
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
4.81%
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%
$322,040 $322.0K
Cap Rate 7%
$230,029 $230.0K
Cap Rate 9%
$178,911 $178.9K
Market Conditions
NOI Build-Up for 1,388 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
$31.5K $22.68/SF
− Vacancy
−$2.2K −$1.59/SF
EGI
$29.3K $21.09/SF
− OpEx
−$13.2K −$9.49/SF
NOI
$16.1K $11.60/SF
Area
DuPage County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
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%
$322,040
Cap Rate 7%
$230,029
Cap Rate 9%
$178,911

Alternative Uses

Best Use
Apartment 5plus
$230.0K
$201.3K – $268.4K (±1% cap)
NOI $16,102 @ 7.0% cap · market cap 4.81%
Second Best
no second resolved use
Theoretical Best
Office A
$479.2K
$419.3K – $559.1K (±1% cap)
NOI $33,545 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Food Market Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Luxury condo in downtown Roselle near Metra and amenities.
Where is this apartment building located?
The property is located at 225 Main Street #205 Roselle, IL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Prime Downtown Roselle Location: Steps from Metra, library, Starbucks, and Lynfred Winery.; 2‑Bedroom, 2‑Bath Corner Unit Condo.; Heated Underground Garage Space with Storage plus 1 Deeded Outdoor Parking Space.
More about this property
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