1425 W Roosevelt Rd
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1425 W Roosevelt Rd
4,616 SF 100% Leased Retail Building Broadview, IL 60155 $649,900 ($141/SF)
Investment Highlights
- On Main Commercial Road
- Very Visible
- Access to Parking
Executive Summary
INVESTORS HERE IS THE PROPERTY YOU HAVE BEEN WAITING FOR. THIS PROPERTY IS LOCATED IN THE BEAUTIFUL VILLAGE OF BROADVIEW. WE HAVE 4 SEPARATE STOREFRONTS OR OFFICES. 2 OF THE UNITS ARE OCCUPIED WITH TENANTS (Please do not disturb the tenants). IN THE LAST 5 YEARS THE PROPERTY HAS BEEN TOTALLY RENOVATED WITH NEW ELECTRICAL; NEW FURNACES; NEW WINDOWS; NEW HOT WATER TANKS; NEW CENTRAL AIR; UPDATED BATHROOMS; NEW MOP SINKS; AND SO MUCH MORE. WE HAVE CONVENIENT PARKING IN THE FRONT AND BACK OF THE PROPERTY. THIS AWESOME PROPERTY IS IN MOVE-IN CONDITION AND WILL BE SOLD AS-IS. WE DID THE WORK SO YOU WOULDN'T HAVE TO. COME ON, LET'S GET YOUR NEW BUSINESS GOING.SCHEDULE YOUR APPOINTMENT TODAY.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$43,044
|
$9.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,044
|
$9.32
|
| Taxes |
$30,535
|
$6.62
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,535
|
$6.62
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $43,044 |
| Annual Per SF | $9.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $43,044 |
| Annual Per SF | $9.32 |
| Taxes | |
|---|---|
| Annual | $30,535 |
| Annual Per SF | $6.62 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $30,535 |
| Annual Per SF | $6.62 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
4,616 SF
Building Class
C
Year Built
1954
Price
$649,900
Price Per SF
$141
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.19 AC
Zoning
C1 - Roosevelt Road Commercial District
Parking
8 Spaces (1.73 Spaces per 1,000 SF Leased)
Frontage
92 FT on W Roosevelt Rd
Amenities
- Bus Line
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Asia Insurance
- Finance and Insurance
- -
- -
- -
- Hasta Luego Mini Market
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Asia Insurance | Finance and Insurance | - | - | - | ||
| Hasta Luego Mini Market | Accommodation and Food Services | - | - | - |
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 15-15-426-043-0000 | Total Assessment | $38,600 (2024) |
| Land Assessment | $10,938 (2024) | Annual Taxes | $30,535 ($6.62/SF) |
| Improvements Assessment | $27,662 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
15-15-426-043-0000
Land Assessment
$10,938 (2024)
Improvements Assessment
$27,662 (2024)
Total Assessment
$38,600 (2024)
Annual Taxes
$30,535 ($6.62/SF)
Tax Year
2023
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Alliance Associates Realtors
1425 W Roosevelt Rd
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