24W523 Lake St, Roselle, IL 60172
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.