1184 W Roosevelt Rd, Glen Ellyn, IL 60137
For Lease
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Legacy Shops of Glen Ellyn offers exceptional retail space in a prime DuPage County location. This 22,630 square foot, single-story Class B shopping center, built in 1983, is undergoing a complete redevelopment in 2023, including a new roof, parking lot, and modern facades. The property boasts a highly visible location on Roosevelt Road (38,000 daily vehicles), one block from I-355 access ramps, within the bustling Lombard/Glen Ellyn retail corridor. Units range from 800 to 3,200 contiguous square feet, with a minimum divisible space of 800 square feet. The redevelopment plan features an attractive outdoor patio and new, large signage for maximum visibility. The center is already anchored by Fry The Coop, a regional Nashville Hot Chicken restaurant, occupying an endcap space and serving as a commissary for other locations. Lure Lofts, a high-end salon and beauty studio, has also signed a lease. This strategic location benefits from high traffic counts and proximity to key businesses including a Mariano's Grocery Store, Cadillac Dealership, Crowne Plaza Hotel, and a Toyota dealership, all within a one-block radius. The property is also surrounded by numerous residential complexes and subdivisions, ensuring a strong customer base. Annual property taxes are $4 per square foot. This is a unique opportunity to be part of a revitalized shopping center in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C · Glen Ellyn, ILGlen Ellyn. Always verify with local authorities before improvements.
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.