Sold
1501 E Roosevelt Road
Wheaton IL, 60187
$725,000
$122.88 per sqft
Sold
5,900 sqft
Commercial
Built in 1991
Courtesy of Baird & Warner
Roosevelt Rd the corridor to Western DuPage County welcomes a 5250 sq. ft. brick 2 story office building with 5 1/2 baths + 2 showers which currently consist of: On the first floor a 2000 sq. ft. Salon and a 1600 sq. ft. Spa. The 2nd floor a 1000 sq. Ft. office or future apartment and a separate 650 sq. Ft. office/storage room, not reflected in the Gross Rentable Square Footage. The 1st Floor is being occupied by the Owner, the office on the 2nd floor is vacant, and the office/storage Room is used by the owner! Built in 1991 this building is on a 120 Roosevelt Rd frontage by 150 depth. The mechanicals consist of 4 GFA/4 CA, 4 hot water heaters. The 4 panels with 400 amp service and 3 phase power to building. The building is in excellent condition with shingled roof replaced in 2018. Flat roof in 2022, along with new gutters and downspouts + driveway seal coated and striped. All tenants, including the owner of the Salon /Spa are on month-to-month leases. There are 2 parcels with 1 tax bill each. Lot is 60x150. The current zoning is R-7 with special use. Many uses await the opportunistic buyer including under the R-7 special use zoning operating a Salon/Spa as currently is on the property as well as a Dental Office, Nursery, Day Care, Group Care Homes, Religion Worship, Business and Professional Office all but a few of the special uses under R-7 zoning. Make an appointment today to view your next investment or business opportunity.
11645956
MLSⓇ ID
October 5, 2022
Listed
March 28, 2024
Updated
Map
1501 E Roosevelt Road
Wheaton IL, 60187
Interior Features
Total Stories
2
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.4 Acres
Roof
Composition, Rubber
Other Property Details
Area Name
Wheaton
Taxes
$22,459
Tax Frequency
Annually
Days on Market
134
Garage
No
View
No
County
Du Page
Municipality
Milton
Pool
No
Zoning
OTHER
Buyer Agency Compensation
2.5%-$395
Courtesy of Baird & Warner, Edward Hall,
Listing Contact: 630-205-4700
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Data last updated 4:19 AM UTC, 3/28/2024