10001 Roosevelt Rd
Freestanding Commercial Space on Roosevelt Rd with Prime Exposure and Flex /Medical/Industrialoffice
Marketing description
For Sale: High-Value 48,000 SF Commercial Asset — Priced Below Market
10001 Roosevelt Road | Westchester, IL 60154
This exceptional investment opportunity offers a versatile, income-producing commercial property situated in a prime Westchester location. Spanning 48,000 square feet across three floors and a large basement warehouse, this asset is offered well below market value, presenting strong upside potential for investors and owner-occupants alike.
The building features 16,000 square feet per floor and a basement with 9-foot ceilings, currently configured as expansive warehouse space. This lower level offers tremendous flexibility for a variety of business applications including storage, light manufacturing, fulfillment, or conversion to alternative commercial uses. A dock and ramp are planned for installation, enhancing logistics capabilities and further increasing the property’s operational appeal.
Currently partially leased, the property generates immediate cash flow with stable tenants in place, providing a reliable income stream and mitigating risk for the new owner. The ongoing comprehensive renovations include build-to-suit options to accommodate tenant-specific needs, supporting tenant retention and value creation.
Additional highlights include elevator access, ADA-compliant entry, central HVAC, a rubber membrane roof, and ample on-site parking. Zoned for office, retail, and industrial uses, the property offers exceptional flexibility in an established business park setting.
Located with excellent visibility and direct frontage on Roosevelt Road — attracting over 20,000 vehicles daily — the site benefits from strong local demographics, high household incomes, and proximity to major transportation corridors including I-290, I-55, I-294, as well as convenient access to Oak Brook Corporate Center, Loyola Medical Center, and O’Hare International Airport.
This asset represents a compelling opportunity to acquire a strategically positioned, functional, and well-maintained property with immediate income and long-term appreciation potential.
For additional information, financial details, or to arrange a private showing, please contact us today.
Investment highlights
10001 W Roosevelt Rd offers a high-yield investment opportunity with a projected NOI of $450,000 and an estimated Cap Rate of 7%. With 50,703 SF of net rentable space and flexible suite sizes, Currently home to a diverse mix of tenants, there is significant leasing upside and the potential for value-add improvements. The property boasts 449 surface parking spaces, ADA compliance, and 24/7 access, while its strategic location near I-290, I-294, I-88, and O’Hare provides excellent connectivity. Zoned AE (Automotive & Equipment), the property is ideal for a range of uses. Due diligence is advised due to ongoing municipal code enforcement.
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