Property profile

ROOSEVELT RD Lombard, IL 60148

OFF-MARKET
Retail Stores
Property ID
US28-3381230
0.33 ac lot
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Property summary

AI-generated overview

The property is a retail development site designed to accommodate junior and big-box tenant space up to approximately 70,000 square feet within a planned retail center concept. It includes planned facade enhancements intended to strengthen the center’s anchor identity and a full shopping center renovation. The site is configured with a signalized corner outparcel and is situated at an intersection with heavy surrounding consumer activity, including reports of more than $100,000,000 in grocery sales at the intersection and nearly 50,000 vehicles per day at the hard corner. Vehicular access consists of six entrances from both Main Street and Roosevelt Road, including two signalized entrances, and the property provides for prominent tenant signage.

Property profile

Verified
Property type Retail Stores
Lot 0.33 ac (14,375 SF)
APN 06-17-305-017
UPID US28-3381230

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

ROOSEVELT RD Lombard, IL 60148
Lombard metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
Last sale
$19.0M
1 recorded transaction
2023
$19.0M
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