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    Property profile & analytics
    OFF-MARKET Estimated value $1,205,000
    Retail space

    650 Roosevelt Rd, Glen Ellyn, IL 60137-5840

    7,450 SF 1.15 ac lot Built 1968
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US28-3404205
    Property summary
    AI-generated overview

    This exceptional retail property at 650 Roosevelt Road in Glen Ellyn, Illinois, 60137 offers a fantastic opportunity for businesses seeking flexible space in a vibrant location. The property features multiple tenancy options, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 15,000 square feet. Currently, there are 7,000 square feet of vacant space available, presenting a unique chance to establish or expand your retail presence. The property's address is conveniently located on Roosevelt Road, offering excellent visibility and accessibility for customers. This prime retail space is ideal for a variety of businesses seeking a high-traffic location in a thriving community. The property's location in Glen Ellyn, Illinois provides access to a strong local market and a diverse customer base. The flexible space options allow for customization to suit individual business needs, making it an attractive proposition for both established businesses and new ventures. This is a rare opportunity to secure a prominent retail space in a desirable location. Don't miss out on this chance to establish your business in a thriving community. Contact us today to learn more about this exceptional retail opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1968
    Total area 7,450 SF
    Lot 1.15 ac (50,094 SF)
    Zoning code C
    APN 05-14-419-035
    UPID US28-3404205
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.59M
    Comparable Approach Comparable
    $903k
    Blend (final) Blend
    $1.21M
    Owner & transaction history
    Pickwick Associates LP · 9 yrs held
    Pickwick Associates LP
    since 2016
    4 recorded transactions
    2016
    2001
    1998
    1969
    Zoning & alternative use
    C · Glen Ellyn, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.7M +4.5%
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