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Property profile & analytics
OFF-MARKET
Land

24W523 Lake St Roselle, IL 60172

Property ID
Property summary
AI-generated overview

This exceptional 2.72-acre commercial and industrial land parcel, located at 24W523 Lake St, Roselle, IL 60172, presents a unique redevelopment opportunity. Boasting 117,612 square feet and 282 feet of frontage on Lake Street in DuPage County, this property is currently zoned R-1. However, its location offers significant potential for rezoning to B-2, opening the door to a wide array of commercial uses, including retail businesses and contractor yards. The flexibility of zoning in unincorporated DuPage County further enhances the property's appeal. This prime location provides excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The asking price for this substantial land parcel is $900,000. This presents a compelling investment opportunity for developers seeking a strategic location with high redevelopment potential in a thriving area. The property's size and frontage make it suitable for a range of projects, capitalizing on the advantages of its prominent Lake Street location and the potential for a more flexible zoning designation. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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