486-488 Roosevelt Rd
Glen Ellyn, IL 60137
Retail Property For Sale

486-488 Roosevelt Rd, Glen Ellyn, IL 60137 List Price $695,000 3,750 Sq Ft Building 0.27 Acres = 11,850 Sq Ft Land Taxes $15,021 Tenant 1 Lease expires Sept 2019 Rent Amount $2,700/month Tenant 2 Lease expires Aug 2019 Rent amount $3,050/month Tenant responsible for all utilities inc gas, electric, water and sewer, as well as minor repairs/maintenance and snow removal. Owner responsible for taxes, property insurance, major repairs/maintenance and minimal landscaping. Capital Improvements: -New Gravel Roof in 2000, Painted Sept '18 -New furnace and water heaters 488 Roosevelt 2008, 486 Roosevelt 2016 -New parking lot 2014 -New soffit & fascia on front exterior 1993 -New buried gas line -Newly remodeled interior of 486 Roosevelt Well maintained retail building with EXCELLENT location right on Roosevelt Rd in Glen Ellyn! New Pylon sign going in. 42,000 cars pass on IL Route 38 daily. Sellers have taken good care of this 2 unit, fully occupied building, with plenty of parking…approx. 16 total spaces. Long time tenant in 488 Roosevelt, Pharmacist, approx 25 years. Tenant in 486 Roosevelt, Nail salon, just remodeled the interior of their space. Both tenants plan on staying; however, if buyer is owner user, their leases expire 3rd Qtr 2019. Please arrange showings directly with listing broker, Inger, and respect privacy of tenants.