515 Roosevelt Rd Glen Ellyn, IL 60137-5721
Property Lookup
Property profile & analytics
515 Roosevelt Rd Glen Ellyn, IL 60137-5721
- Retail space
- 6,702 SF
- 1.30 lot acres
Property ID
US28-3474696
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 515 Roosevelt Rd
- Year built
- 1963
- Construction
- BRICK
- Lot size
- 1.30 lot acres
- Property size
- 6,702 SF
- Property type
- Retail space
- APN
- 05-23-104-041
- APU
- 523104041
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,120,000
- ML approach
- $2,120,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,550,000
- 6.5%
- $1,430,000
- 7%
- $1,330,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,617,000
Market price range: $753k - $2.52M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,445,000 Current use
- AUTO REPAIR, GARAGE
- $2,370,000 Change: +64% Conversion: Difficult
- RESTAURANT
- $2,085,000 Change: +44% Conversion: Easy
- MEDICAL BUILDING
- $1,510,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Glen Ellyn
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0669
- Latitude
- 41.8587
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,150
$238,890
$172,810
$411,700
-
$716,670
$518,430
$1,235,100
