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    OFF-MARKET
    Commercial real estate

    1421-1427 Roosevelt Rd, Broadview, IL 60155

    5,300 SF Built 1954
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully renovated, four-unit commercial building ideally situated at 1421-1427 W Roosevelt Road in Broadview, Illinois. The property boasts a total of 5,300 square feet and offers four separate storefronts or office spaces, perfect for a variety of business ventures. Currently, two units are occupied by tenants, providing immediate rental income. Extensive renovations within the last five years have transformed this property, encompassing a complete overhaul of the electrical system, furnaces, windows, hot water tanks, and central air conditioning. Modernizations also include updated bathrooms and new mop sinks, ensuring a move-in ready condition for all units. The building offers convenient parking both in the front and rear, adding to its appeal. This property is being sold "as-is," reflecting the significant investment already made in its revitalization. The location in the desirable village of Broadview provides excellent accessibility and visibility. This is a turnkey opportunity for investors seeking a well-maintained, income-generating property with significant potential for growth. Don't miss this chance to acquire a prime commercial asset in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1954
    Total area 5,300 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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