515 Roosevelt Rd, Glen Ellyn, IL 60137-5721
This exceptional Class A retail property, built in 2022, boasts 12,000 square feet on 1.3 acres of land in the thriving Glen Ellyn, IL market. Located at 515 Roosevelt Rd, at the highly visible southeast corner of Roosevelt Road and Main Street, this multi-tenant building offers two available spaces ranging from 2,000 to 4,600 square feet, ideal for a variety of restaurant or retail concepts. Currently home to Oberweis, Woodgrain Neapolitan Pizzeria, and That Burger Joint, the property benefits from a strong existing tenant base. The site enjoys exceptional visibility and accessibility, with 60 parking spaces available for customers and employees. The property is situated directly across from a major retail center anchored by Jewel-Osco, Ross Dress for Less, Staples, and Goldfish Swim School, ensuring high foot traffic and brand synergy. The intersection sees a daily traffic count of 48,485 vehicles. The surrounding area demonstrates strong demographics, with an average household income of $143,962 within a 2-mile radius and $124,977 within a 5-mile radius. Population figures within these radii are 53,888 and 250,615 respectively, complemented by robust daytime employment numbers of 21,189 and 212,646. The property is zoned commercial and has an annual tax cost per square foot of $4.80. No elevators are present. This prime location presents a unique investment opportunity with significant potential for growth and return.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.