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33W361-33W365 Roosevelt Rd
West Chicago, IL 60185
Industrial Property For Sale


Investment Highlights
- B-3 Zoning (Business District) - Kane County
- Below Market Rents In Place (Avg. in place is $11.75 PSF)
- Additional land available adjacent to Property owned by seller.
- Short Term Leases in Place
- Reuse existing building or demolish and redevelop
Executive Summary
Versal Real Estate Services, as the exclusive agent, is pleased to present an opportunity to acquire the fee simple interest in the 19,900 SF commercial/industrial/flex building located at 33W361 & 33W365 Roosevelt Rd in West Chicago, which is situated on 2.87 acres. The property is currently 100% leased to three tenants on a month-to-month basis, providing immediate in-place income while offering exceptional flexibility for an owner-user seeking to occupy all or a portion of the building. Its strategic location is further enhanced by its proximity to the under-construction Kautz Road extension, which will create a direct connection between Roosevelt Road and Fabyan Parkway, improving accessibility and visibility throughout the corridor.
The asset offers significant value-add potential through both leasing and physical repositioning. Existing rental rates are substantially below market at approximately $11.75 PSF, presenting investors with a clear opportunity to increase revenues and enhance value through lease restructuring and rent growth. The expansive site includes excess land that can accommodate additional building development or be cleared for outdoor storage, creating additional income opportunities. Additionally, the building could be converted back to a more traditional industrial or flex configuration through the reinstallation of overhead doors and expansion of outdoor storage areas, further broadening its appeal to users and tenants alike.
Located within the B-3 Business District zoning classification in unincorporated Kane County, the property benefits from a wide range of permitted commercial, industrial, and business uses. As an added opportunity, the seller is also offering the adjacent 2.93-acre parcel for sale, allowing a purchaser to assemble more than 5.8 contiguous acres for future expansion or redevelopment. With immediate cash flow, flexible occupancy, redevelopment potential, and a prime location along a growing transportation corridor, this property represents a compelling opportunity for investors, developers, and owner-users alike.
The asset offers significant value-add potential through both leasing and physical repositioning. Existing rental rates are substantially below market at approximately $11.75 PSF, presenting investors with a clear opportunity to increase revenues and enhance value through lease restructuring and rent growth. The expansive site includes excess land that can accommodate additional building development or be cleared for outdoor storage, creating additional income opportunities. Additionally, the building could be converted back to a more traditional industrial or flex configuration through the reinstallation of overhead doors and expansion of outdoor storage areas, further broadening its appeal to users and tenants alike.
Located within the B-3 Business District zoning classification in unincorporated Kane County, the property benefits from a wide range of permitted commercial, industrial, and business uses. As an added opportunity, the seller is also offering the adjacent 2.93-acre parcel for sale, allowing a purchaser to assemble more than 5.8 contiguous acres for future expansion or redevelopment. With immediate cash flow, flexible occupancy, redevelopment potential, and a prime location along a growing transportation corridor, this property represents a compelling opportunity for investors, developers, and owner-users alike.
Property Facts
| Sale Type | Investment | Rentable Building Area | 19,900 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1990 |
| Building Class | C | Clear Ceiling Height | 10’ |
| Lot Size | 2.45 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | B-3 - Commercial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.45 AC |
| Rentable Building Area | 19,900 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | B-3 - Commercial |
Utilities
- Water
- Sewer
- Heating - Gas
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