41.979725 -88.064

701 East Irving Park Road Roselle, IL 60172

247739899 41.979725 -88.064 129 /listing/247739899-150013191/701-east-irving-park-road-roselle-il-60172 False 0 974900.0 101 10483055 False
  • $974,900
  • 0.24 lot
  • Est payment $5233.47/mo

Property & Neighborhood Info

Courtesy Of Homesmart Connect LLC

Commercial in Roselle

24 UNIT OFFICE BUILDING WITH A 10.6% CAP RATE. 3 FLOORS AND 8 UNITS EACH FLOOR. ALL UNITS 600 S/F WITH HALF BATH. OFFICE BUILDING WITH PARKING LOT. 22,000 S/F LOT AND BUILDING. THESE FIGURES ARE ACTUAL: NET MONTHLY INCOME $8657.02 (4 vacancy's there is no projected income in these figures): EXPENSES: ALL MONTHLY..$600 ELECTRIC, $180 WATER, $700 CLEANING, $120 TRASH, LANDSCAPING $120, SNOW REMOVAL $250 ON SITE PROPERTY MANAGER $800.00/MONTH LOW TAXES $23,316.32 $1943.02 MONTH. TOTAL EXPENSES WITH TAXES AND PROPERTY MANAGER $5089.98/MONTHLY NET INCOME $7432.91 GROSS ANNUAL INCOME $149374.68 ANNUAL EXPENSES $61,080.32 NET ANNUAL INCOME $90094.92 THE VILLAGE IS OPEN TO A CONDO CONVERSION AND A POTENTIAL TIF SHOULD SOMEONE CHOOSE TO CONVERT.

Courtesy Of Homesmart Connect LLC
  1. 0.24 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1975
  • Floors: 3
  • County: Dupage County
  • Taxes: $23,315.00
  • Units: 24
  • Zoning: MULTI
  • MLS Number:10483055

Additional Features

  • Air Conditioning:
    • Central Air
  • Additional Storage:
    • Yes
  • Age Description:
    • 36-50 Years
  • Current Use:
    • Office and Research
  • Location:
    • TIF Zone
  • Exterior:
    • Brick
  • Parking Spaces:
    • 50
  • Electric:
    • 101-200 Amps
  • Heat:
    • Electric
    • Forced Air
  • Fire System:
    • Other
  • Potential Use:
    • Residential-Multi-Family
    • Zoning Change Required
  • Zoning Type:
    • MULTI
  • List Type (Exclusive):
    • Exclusive Right To Sell
  • Net Operating Income:
    • 90094
  • Annual Expenses:
    • 61079
    • Actual
  • Special Information:
    • None
  • Tenant Pays:
    • Air Conditioning
    • Heat
  • Owner Agent:
    • No
  • Possession:
    • Closing
  • Square Footage Total:
    • 17637
  • Tax ID:
    • 0202307012
  • Total Acres:
    • .24
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Andy Dadlani
Andy Dadlani
Broker/Owner
24w460 Lake Street Roselle IL 60172
request more info.
41.979725 -88.064

701 East Irving Park Road Roselle, IL 60172

247739899 41.979725 -88.064 129 /listing/247739899-150013191/701-east-irving-park-road-roselle-il-60172 False 0 974900.0 101 10483055 False
  • $974,900
  • 0.24 lot
  • Est payment $5233.47/mo