Downtown Office Condo
25 E Main Street #202 Roselle, IL 60172
New
For Sale
$275,000
Office condo Suite 202 in an elevator building, with monthly assessment covering multiple building and utility services.
Property Size1,475 SF
Price / SF$186.44
Days on Market3
Property Features for 25 E Main Street #202
General Information
- Standard status
- Active
- Size
- 1,475 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing Agency:
McAllister Real Estate
(630) 354-0444
Listed By:
Christopher McAllister · License #471002408
(630) 354-0444
Source:
Birdrealtysells
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 7:09AM
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 is a commercial office condo located in an elevator building, with space identified as Suite 202. The offering includes a spacious office layout and is described as having C zoning, supporting flexibility for a variety of business uses.
The property is situated in downtown Roselle on E Main Street. Public remarks note the area’s walkability and proximity to established local destinations, including Starbucks, an Italian Pizza Kitchen, Lynfred Winery, Village Hall, a concert venue area, Petal Park, and the public library.
Ownership is supported by a monthly assessment that, according to the remarks, includes heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping help.
The property is situated in downtown Roselle on E Main Street. Public remarks note the area’s walkability and proximity to established local destinations, including Starbucks, an Italian Pizza Kitchen, Lynfred Winery, Village Hall, a concert venue area, Petal Park, and the public library.
Ownership is supported by a monthly assessment that, according to the remarks, includes heat, water, electric, gas, scavenger service, snow removal, parking, and landscaping help.
Key Highlights
- Office condo Suite 202 in an elevator building in downtown Roselle
- 1,475 SF office space with Year Built 2003
- C zoning offers flexibility for a variety of business uses
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.1k | $24.48 |
| − Vacancy | −$9.0k | −$6.10 |
| EGI | $27.1k | $18.38 |
| − OpEx | −$6.8k | −$4.60 |
| NOI | $20.3k | $13.79 |
1,475 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$290.5K
$254.2K – $339.0K
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
NOI $35,648 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office condo Suite 202 in an elevator building, with monthly assessment covering multiple building and utility services.
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: Office condo Suite 202 in an elevator building in downtown Roselle; 1,475 SF office space with Year Built 2003; C zoning offers flexibility for a variety of business uses
