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Downtown Roselle Office Condo
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25 E Main Street 202, Roselle, IL 60172

Prime commercial office condo in the heart of downtown Roselle.

Property Size1,475 SF
Price / SF$186.44
Days on Market117

Property Features for 25 E Main Street 202

General Information

Standard status Active
Size 1,475 SF
Property subtype Multifamily, Office
Zoning COMMR

Building Details

Year Built 2003
Stories 2
Units 1
Listing Agency: McAllister Real Estate
Listed By: Christopher McAllister · License #IL 471002408
Source: Crexi
Added: May 4 Changed: Aug 25 Last Checked: Aug 25 at 8:07AM

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 McAllister Real Estate

Investment Insights

Based on property information with market context.

This commercial office condo is located in downtown Roselle. Situated in an elevator building at Suite 202, the 1,475 sq. ft. office offers flexibility with C zoning, making it suitable for various business uses. The property benefits from consistent foot traffic and strong daily drive-by visibility. It is surrounded by local destinations, including Starbucks, Italian Pizza Kitchen, Lynfred Winery, Village Hall, the concert venue area, Petal Park, the public library, and other established businesses. The professional elevator building provides convenience for clients, customers, and staff. The central downtown location creates an opportunity for business growth, owner occupancy, or investment potential. The monthly assessment includes heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping.

Key Highlights

  • Prime downtown Roselle location with high foot traffic and drive‑by visibility.
  • Flexible C zoning suitable for various business uses.
  • Monthly assessment includes heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping.

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
$20,338
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
7.40%
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%
$406,760 $406.8K
Cap Rate 7%
$290,543 $290.5K
Cap Rate 9%
$225,978 $226.0K
Market Conditions
NOI Build-Up for 1,475 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
$36.1K $24.48/SF
− Vacancy
−$9.0K −$6.10/SF
EGI
$27.1K $18.38/SF
− OpEx
−$6.8K −$4.60/SF
NOI
$20.3K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
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%
$406,760
Cap Rate 7%
$290,543
Cap Rate 9%
$225,978

Alternative Uses

Best Use
Office B
$290.5K
$254.2K – $339.0K (±1% cap)
NOI $20,338 @ 7.0% cap · market cap 7.40%
Second Best
no second resolved use
Theoretical Best
Office A
$509.3K
$445.6K – $594.1K (±1% cap)
NOI $35,648 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Food Market Daycare Center 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

690
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Prime commercial office condo in the heart of downtown Roselle.
Where is this office units located?
The property is located at 25 E Main Street 202 Roselle, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Prime downtown Roselle location with high foot traffic and drive‑by visibility.; Flexible C zoning suitable for various business uses.; Monthly assessment includes heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping.
(312) 593-6996 Call to check price and availability
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