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1501 E Roosevelt Road Wheaton, IL 60187
Sold: 725000
/ MLS# 11645956 / Commercial - / Wheaton
0 Beds
5900 SqFt

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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Baird & Warner Edward Hall 630.205.4700

Property Details

Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.39 Acres
Roof Type: Composition, Rubber
Stories: 2.0
Taxes: $22,459
Year Built: 1991
Buyer Represented By: Inactive Inactive , Baird & Warner Fox Valley - Geneva
Listing Provided By: Baird & Warner

Feature Descriptions

Current Use: Special Use
Drains: Enclosed Stairs, Security Lighting, Storms and Screens (as exist)
Electric: Separate Meters, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
Flooring: Vinyl
Foundation: Concrete Perimeter
Frontage Type: Public Road, State Road
HVAC: Forced Air, Gas
Location: Mixed Use Area, In City Limits, High Traffic Area
Lot Dimensions: 120X149
Miscellaneous Indoor: Common Lunchroom/s, Common Meeting Room/s, Multi-Tenant, Public Restroom/s, Storage Inside, Laundry Room
Miscellaneous Outdoor: Enclosed Stairs, Security Lighting, Storms and Screens (as exist)
Parcel#: 1515326027
Parking: 19-30 Spaces
Potential Use: Office and Research, Multi-Family, Special Use
Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Repairs, Scavenger, Sewer
Units: 4
Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Location

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