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    650 Roosevelt Rd Glen Ellyn, IL 60137-5840

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    650 Roosevelt Rd Glen Ellyn, IL 60137-5840


    • Retail space
    • 7,450 SF
    • 1.15 lot acres
    Off-Market
    Property ID
    US28-3404205
    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.

    Value Estimations
    $1,205,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 650 Roosevelt Rd

    Year built
    1968
    Lot size
    1.15 lot acres
    Property size
    7,450 SF
    Zone code
    C
    Property type
    Retail space
    APN
    05-14-419-035
    APU
    514419035

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,725,000
      6.5%
      $1,590,000
      7%
      $1,475,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $903,000
      Market price range: $341k - $1.17M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,605,000
      Current use
      MEDICAL BUILDING
      $1,680,000
      Change: +5% Conversion: Difficult
      OFFICE BUILDING
      $1,350,000
      Change: -16% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,285,000
      Change: -20% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0604
    Latitude
    41.8602
    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
    $36,956
    $212,930
    $275,170
    $488,100
    -
    $638,790
    $825,510
    $1,464,300
    More about this property
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