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    10001 Roosevelt Rd Westchester, IL 60154

    Sponsored
    For Lease
    $6 SF/Yr

    Versatile office space, multiple suites.

    Lot size:
    50,703 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, 50,703-square-foot office building in Westchester, Illinois, offers a diverse range of spaces to suit various business needs. Located in Cook County's Westchester submarket at 10001 Roosevelt Road (zip code 60154), this Class C property boasts 16 suites, with a maximum contiguous space of 16,000 square feet and smaller spaces available down to 150 square feet. Built in 1972 and renovated in 2021, the building provides a blend of modern amenities and classic appeal. The property features ample parking with 449 spaces and elevators for convenient access to all three floors. Its versatile nature accommodates a variety of uses, including traditional office, coworking, creative office, flex space, warehouse, R&D, and medical office tenants. The building's location offers easy access to major transportation arteries, including I-90 and I-290, and is conveniently situated near public transportation, restaurants, shopping, and other amenities. Midway International Airport is approximately 30 minutes away. This multi-tenant building presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving community.

    Property Features for 10001 Roosevelt Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,703 SF
    Class
    C
    Total Rate
    25351.5

    Building Details

    Year Built/Renovated
    1972/2021
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor
    Size
    16,000 SF
    Rate per SF
    $10
    Space
    2nd Floor - 200
    Size
    2,422 SF
    Rate per SF
    $15
    Space
    2nd Floor - 201
    Size
    2,400 SF
    Rate per SF
    $15
    Space
    2nd Floor - 204, 206A, 206B, 209, 210
    Size
    11,000 SF
    Rate per SF
    $18
    Space
    3rd Floor - 303, 304, 309
    Size
    6,100 SF
    Rate per SF
    $15
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westchester
    County
    Cook
    State
    Illinois
    Longitude
    -87.8731573
    Latitude
    41.8631869

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    FAQs

    What type of property is this?
    Life science property - Versatile office space, multiple suites.
    Where is this life science property located?
    The property is located at 10001 Roosevelt Rd Westchester, IL.
    What is the lease rate?
    The lease rate is $10-$18 SF/Yr.
    Request Owner's contact information
    10001 Roosevelt Rd Westchester, IL 60154
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    Westchester, IL 60154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10001 Roosevelt Rd Westchester, IL 60154
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