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101-103 E Irving Park Road Roselle, IL 60172 Commercial - Investment Active

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Description

Exceptional Commercial Property Now Available. Acquire prime commercial property in the heart of Roselle's Main Street business district. Located in a TIF District with possible buyer incentives. This highly visible property, zoned B-3, sits on a 0.143-acre lot and features a 2-story building with 3,489 sq ft on the 1st floor restaurant/bar area & 1,957 sq ft on the 2nd floor banquet area for total 5,446 sq ft with a 1,282 sq ft unfinished basement. Previous bar and restaurant, this building offers a capacity of approximately 110 patrons on the main floor and an additional 50 seat banquet and event space on the 2nd floor, complete with its own bar. The main level features a spacious dining and bar area, gaming machines for additional revenue, a fully equipped commercial kitchen, and an inviting outdoor patio for seasonal dining & entertainment. Two private offices provide dedicated administrative space. Numerous improvements and updates have been completed between 2020-2024. Additional features include a sprinkler system, ample basement storage space and flexible event-hosting capabilities that create multiple revenue streams. The building has a functional design for potential conversion to a variety of retail or office uses. Ideally located on busy Irving Park Road in Roselle's downtown corridor. The property benefits from excellent visibility, convenient street & alley parking, & near the Metra train/expressways.

Property Highlights

Property Type: Commercial - Investment
Building Description: 2.0 stories

General Information

County: DuPage
Listed By:
REMAX Legends 630-980-4440
MRED MLS
$1,600,000
Est. $10,680/mo
Active
SQUARE FEET5,446 MLS#12667274
STATUSActive PROPERTY TYPECommercial - Investment

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101-103 E Irving Park Road, Roselle, IL 60172.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,600,000$1,600,000$1,600,000
Down Payment $56,000$0$320,000
Monthly Mortgage Amount $9,546$10,063$7,986
Taxes $2227$2227$2227
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $960$0$0
Monthly Estimated Total $13,200$12,757$10,680

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