1501 E Roosevelt Road
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1501 E Roosevelt Road

1501 E Roosevelt Road, Wheaton, IL 60187

$725,000
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.

5,900 Sq.Ft. LIVING AREA

0.4 Acres lot

Features & Amenities

Interior

  • Flooring Vinyl

Area & Lot

  • Status Sold
  • Living Area5,900 Sq.Ft.
  • Lot Area0.4 Acres
  • MLS® ID11645956
  • TypeCommercial
  • YEAR BUILT1991

Exterior

  • STORIES2
  • utilitiesElectric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
  • roofComposition, Rubber
  • AIR CONDITIONINGCentral Air
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$725,000
  • Real Estate Tax $22,459/yr
  • Zoning OTHER

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