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1501 E Roosevelt Road

Wheaton, IL 60187
  • $849,900
  • STATUS: Active Under Contract
  • ON SITE: 177 Days
  • MLS #: 11645956
Under Contract
UPDATED: 63 min ago
$849,900
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

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.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2023-04-01T17:58:41.027 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1501 E Roosevelt Road Wheaton, IL 60187

  • Price: $849,900
  • Status: Active Under Contract
  • On Site: 177 Days
  • Updated: 63 min ago
  • MLS #: 11645956
0
Beds
0
Baths
0
½ Baths
0.39
Acres
1991
Built
Neighborhood:
Wheaton
County:
DuPage
Area:
Wheaton
Property Description
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.
Exterior Features

Docks None Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type Public RoadState Road Outdoor Parking 19-30 Spaces Roof CompositionRubber Roof Structure FlatGable Water Drainage Storm SewersOther

Interior Features

Cooling Central Air Flooring Vinyl Heat Ventilation Forced AirGas Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SMulti-TenantPublic Restroom/SStorage InsideLaundry Room Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age 26-35 Years Building Area Total 5900 Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Current Use Special Use Electric Separate MetersService - 201 To 600 Amps Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Geographic Locale East/West Corridor Gross Income 0 Gross Scheduled Income 0 Leasable Area 5250 Location Mixed Use AreaIn City LimitsHigh Traffic Area Mls Actual Status Contingent Net Operating Income 0 Operating Expense 0 Ownership Types Land Trust Possible Use Office And ResearchMulti-FamilySpecial Use Property Offered For Sale Only Property Sub Type Office Seller Needs Cash Seller Will Other Tax Annual Amount 22459 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesRepairsScavengerSewer Township Milton Type Office/Tech Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Other

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 630-778-1855.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2023-04-01T17:58:41.027 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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