- List Price $3,950,000
- Price / Unit –
- Property Type Other
- Projected NOI –
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
- -
- -
- 212675
- -
- -
- -
- -
-
-
212675
- -
- -
- -
- -
About the property
ATTENTION ALL SAVVY INVESTORS & DEVELOPERS. PRIME 5-ACRE COMMERCIAL LOT. BOASTING OVER 500ft OF FRONTAGE on a high traffic Roosevelt Rd right near the border of West Chicago & Winfield Rd. This HIGHLY VISIBLE lot located at 28W563 W Roosevelt Rd, Winfield, IL 60190 is an exceptional opportunity for ANY investor looking to capitalize on the location, traffic & ZONING FLEXIBILITY! This lot (4 pins total) is zoned B2 zoned commercial & offers potential for a range of development opportunities including residential development with Zoning variance. For those looking to capitalize on the thriving real estate market, this property presents a compelling prospect. Don’t miss your chance to acquire this valuable piece of real estate, perfectly suited for a wide range of development ventures.
About the neighbourhood
Municipality - Investor Guide
Crestwood
| Transfer Stamps | Pre Sale Inspection | Yearly Rental Inspection | |
|---|---|---|---|
| Buyer: N/A | Cost: - | Required: No | Required: Yes, Bi-Annual |
| Seller: N/A | Cost: - | Cost: N/A | Cost: Single Family $50, Multifamily $75 |
| Notes | |||
| Crestwood requires all residential rental properties (single family, 2-4 units, and 5+ residential unit buildings) to be registered with the village. Registration costs are $100 for single family, $75/unit for multifamily buildings. | |||
For a list of all Municipality requirements visit our Municipality Requirements Page
Property Documents
Property Financials
View current and future return metrics based on customizable inputs. "Annual Net Income", "Monthly Cash Flow", "Cash on Cash Return", "Equity Value", and "Equity Multiple" are based off of the "Year 2 Pro Forma" column inputs.
Property Current
This column shows the current financial state of the subject property. Some of these inputs may be estimations.
Year 2 Pro Forma
This column is based off of market rents and assumes proper property performance.
Debt Service
This column allows the user to add custom financing scenarios.
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Monthly Property Tax
- Monthly Property Insurance
- Monthly HOA Fees
Utility Table
Currently No Utility data found for this property. Please Check back later.
Property Taxes
Currently No Tax data found for this property. Please Check back later.
Walkscore
Nearby
- Arts & Entertainment
-
Cantu Painting & Power Wash (1.46 mi)
-
JZ General Contractor Inc Company (1.21 mi)
-
Red Hare Photography (1.39 mi)
- Education
-
SlushMath (1.21 mi)
-
Bartlett Learning Center (0.43 mi)
-
Club Z! In-Home & Group Tutoring of Naperville (8.97 mi)
- Food
-
Cookie Majors (1.21 mi)
-
Back to Roots Urban Farm (1.18 mi)
-
Speedway (1.23 mi)
- Health & Medical
-
Premier (1.21 mi)
-
The Birthing Sister (1.05 mi)
-
Green Spa (1.27 mi)
Contact Information
- List Price $3,950,000
- Property Type Other
- Price / Unit –
- Projected NOI –
*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
Similar Listings
40
-
40
24,000 Sq Ft
Based on Citypoint’s communication with the seller, the price point listed is a price that the seller should be willing to transact at. Any terms for, or against, the seller can help/hurt this price level.
Many sellers have loan balances that need to be paid off at closing. If the seller’s net proceeds after commissions, taxes, closing fees, rent credits, security deposit credits, etc fall below their current loan balance the price will most likely be denied by the seller.
Bid prices are subject to final seller confirmation. Seller confirmation is subject to a final buyer and seller signed contract.
Multiple bids from multiple parties may exist.
Submit An Offer
Fill out Citypoint‘s Submit offer Form below. When complete a Citypoint representative will contact you to discuss.
LOI Submission Form
Fill out Citypoint‘s LOI Request Form below. When complete a Citypoint representative will contact you to discuss.
Off-Market Application Form
Fill out Citypoint‘s Off-Market Appointment Request Form below. When complete a Citypoint representative will contact you to discuss.
Reserve property
OFF MARKET
INVENTORY
Fill out the application below to receive access to our off-market inventory & alerts on new off-market properties.
Why do I need to complete an investor application?
Many of our sellers choose to work with Citypoint due to the discretion provided when listing their property. They prefer not to alert tenants and/or neighbors that the property is being sold.
They also trust Citypoint in bringing qualified investors that are ready, willing and able to buy properties. This ensures an efficient transaction process for both the buyer and the seller.
Already working with a Citypoint team member? No problem! Contact your team member to receive the most up to date off-market inventory.