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301 W Roosevelt Rd

19,813 SF Vacant Office Building Wheaton, IL 60187 $1,899,999 ($96/SF)

Investment Highlights

  • Tons of car traffic being on Roosevelt Rd
  • Clean, classy and well kept property with some value add!
  • Plenty of parking for yourself, staff and clients.

Executive Summary

HUGE PRICE ADJUSTMENT! Great opportunity! Turn key investment with Blue Chip tenants and a whole bunch of parking! Located on busy Roosevelt Rd in fabulous Wheaton Illinois. Clean, classy and still an opportunity for some value add (more space for more offices/tenants, unutilized parking, possible rezone/full development? etc ). please contact broker andy sokol for showings. 24+ hour notice appreciated

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
19,813 SF
Building Class
B
Year Built/Renovated
1987/2006
Price
$1,899,999
Price Per SF
$96
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,953 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
1.01 AC
Zoning
C - Commercial
Parking
50 Spaces (2.52 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Fireplace
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 1,500 SF
  • Office
  • -
  • Now

Multiple units available in the lower level including a 1000 Sf office space with natural lighting and a smaller 500 Sf space across the hall from a fully functional, licensed commercial kitchen which is also available for lease. Ample parking on premises is included.

Space Size Space Use Condition Available
Ground 1,500 SF Office - Now

Ground

Size
1,500 SF
Space Use
Office
Condition
-
Available
Now

Ground

Size 1,500 SF
Space Use Office
Condition -
Available Now

Multiple units available in the lower level including a 1000 Sf office space with natural lighting and a smaller 500 Sf space across the hall from a fully functional, licensed commercial kitchen which is also available for lease. Ample parking on premises is included.

Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-16-335-020
Land Assessment
$184,190 (2023)
Improvements Assessment
$487,130 (2023)
Total Assessment
$671,320 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
  • Listing ID: 28072542

  • Date on Market: 3/27/2023

  • Last Updated:

  • Address: 301 W Roosevelt Rd, Wheaton, IL 60187

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