10001 Roosevelt Rd Westchester, IL 60154
- Retail space
- 0.06 lot acres
Current Use by Public Records
- Retail space
Property Details for 10001 Roosevelt Rd
- Year built
- 1969
- Lot size
- 0.06 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 15-21-204-152
- APU
- 1521204152
Description
This exceptional three-story, 50,703-square-foot office building in Westchester, Illinois, offers a diverse range of spaces to suit various business needs. Located in Cook County's Westchester submarket at 10001 Roosevelt Road (zip code 60154), this Class C property boasts 16 suites, with a maximum contiguous space of 16,000 square feet and smaller spaces available down to 150 square feet. Built in 1972 and renovated in 2021, the building provides a blend of modern amenities and classic appeal. The property features ample parking with 449 spaces and elevators for convenient access to all three floors. Its versatile nature accommodates a variety of uses, including traditional office, coworking, creative office, flex space, warehouse, R&D, and medical office tenants. The building's location offers easy access to major transportation arteries, including I-90 and I-290, and is conveniently situated near public transportation, restaurants, shopping, and other amenities. Midway International Airport is approximately 30 minutes away. This multi-tenant building presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,385,000
- 6.5%
- $1,340,000
- 7%
- $1,245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,135,000
- Geo Method
- $1,260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,030,000
- Retail
- $1,325,000
- Mixed-Use
- $1,045,000
- Hospitality
- $995,000
- Educational
- $1,065,000
- Residential Income
- $1,350,000
- Energy
- $1,370,000
- Income-Based Land
- $1,015,000
- Food Service
- $1,335,000
Location Insight
- Map
- Local Demand
- City
- Westchester
- County
- Cook
- State
- Illinois
- Longitude
- -87.8734
- Latitude
- 41.8631
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA