This exceptional commercial property, located at 701-719 Roosevelt Road in Glen Ellyn, Illinois (zip code 60137), presents a unique investment opportunity. The property consists of 18,543 square feet of retail space, with 3,290 square feet currently vacant, situated on a hard corner lot at the intersection of South Exmoor Avenue and West Roosevelt Road. This high-traffic location boasts impressive visibility and accessibility, with Roosevelt Road seeing 41,900 vehicles per day. The site offers flexible build-to-suit options ranging from 2,000 to 8,000 square feet, or ground lease opportunities. Benefit from strong co-tenancy with established national brands including Starbucks, Chase Bank, Chipotle, Verizon, Jersey Mike's, and Huntington Learning Center. The surrounding area is anchored by a robust retail environment featuring Trader Joe's, ALDI, Staples, Ross Dress for Less, Jewel-Osco, Dollar Tree, Binny's Beverage Depot, Ace Hardware, CVS, Panera Bread, and Oberweis, ensuring a thriving commercial landscape. This property is ideally positioned in Glen Ellyn's prime retail corridor, conveniently located just west of the I-355 interchange, providing excellent access and regional draw. The property is categorized as retail and land, with multiple tenancies. DuPage County location offers a strong market for commercial development. This is an unparalleled chance to establish a presence in a high-demand retail area.
The property is located at 701-719 Roosevelt Rd Glen Ellyn, IL.
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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.
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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.
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701-719 Roosevelt Rd Glen Ellyn, IL 60137
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701-719 Roosevelt Rd, Glen Ellyn, IL
Doug Renner
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701-719 Roosevelt Rd, Glen Ellyn, IL
Doug Renner
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701-719 Roosevelt Rd, Glen Ellyn, IL
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701-719 Roosevelt Rd, Glen Ellyn, IL
Doug Renner
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