1119 Roosevelt Rd Maywood, IL 60153
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Ron's Auto Sales# 2 Inc / Used Car Dealer / Car Dealer
Property Details for 1119 Roosevelt Rd
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
- APN
- 15-15-429-028
- APU
- 1515429028
Description
This exceptional 3,200 square foot commercial property in Maywood, Illinois, presents a unique investment opportunity. Situated on Roosevelt Road, it benefits from an incredibly high traffic count of 28,400 vehicles daily, as reported by the Illinois Department of Transportation (IDOT). Its strategic location offers unparalleled visibility and accessibility, just minutes from Loyola Medical Center and Hines Hospital, ensuring a consistent flow of potential customers. The versatile space is perfectly suited for a range of businesses, including oil change and automotive services, a car sales lot, or a mechanic shop. The property's proximity to I-290 provides easy access for customers, further enhancing its commercial appeal. This is a chance to establish a thriving enterprise in a high-demand area with significant foot and vehicle traffic. The property's size and location make it an attractive option for entrepreneurs seeking a strong foundation for their business ventures. The building's adaptability allows for customization to suit various business needs, offering a blank canvas for creative entrepreneurs. This is a rare opportunity to acquire a high-traffic commercial property in a desirable location with excellent potential for growth and profitability. Don't miss out on this chance to secure your business's future in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $210,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $185,000
- Mixed-Use
- $205,000
- Hospitality
- $220,000
- Educational
- $230,000
- Residential Income
- $235,000
- Energy
- $210,000
- Income-Based Land
- $180,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Maywood
- County
- Cook
- State
- Illinois
- Longitude
- -87.8464
- Latitude
- 41.8645
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA