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    650 Roosevelt Rd Glen Ellyn, IL 60137

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail, Multiple Units, 7,000 SF Vacant

    Lot size:
    21,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 650 Roosevelt Road in Glen Ellyn, Illinois, 60137 offers a fantastic opportunity for businesses seeking flexible space in a vibrant location. The property features multiple tenancy options, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet. Currently, there are 7,000 square feet of vacant space available, presenting a unique chance to establish or expand your retail presence. The property's address is conveniently located on Roosevelt Road, offering excellent visibility and accessibility for customers. This prime retail space is ideal for a variety of businesses seeking a high-traffic location in a thriving community. The property's location in Glen Ellyn, Illinois provides access to a strong local market and a diverse customer base. The flexible space options allow for customization to suit individual business needs, making it an attractive proposition for both established businesses and new ventures. This is a rare opportunity to secure a prominent retail space in a desirable location. Don't miss out on this chance to establish your business in a thriving community. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 650 Roosevelt Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,300 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    15,000 SF
    Space
    Available Space 2
    Size
    6,300 SF

    HighLights

    • Grocery‑anchored shopping center in high‑traffic location.
    • Strong, recession‑resistant anchor tenants.
    • Over 40,000 vehicles per day on Roosevelt Road.
    • Recently renovated.
    • Drive‑thru opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.058877642124
    Latitude
    41.860065925911

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, Multiple Units, 7,000 SF Vacant
    Where is this retail property located?
    The property is located at 650 Roosevelt Rd Glen Ellyn, IL.
    What are key features of this property?
    This property features: Grocery-anchored shopping center in high-traffic location.; Strong, recession-resistant anchor tenants.; Over 40,000 vehicles per day on Roosevelt Road.
    Request Owner's contact information
    650 Roosevelt Rd Glen Ellyn, IL 60137
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    Glen Ellyn, IL 60137
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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
    650 Roosevelt Rd Glen Ellyn, IL 60137
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