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820 E Roosevelt Rd
Wheaton, IL 60187
O'Reilly Auto Parts Anchored Center · Retail Property For Sale

Investment Highlights

  • FULLY LEASED RETAIL STRIP
  • E-COMMERCE-RESISTANT TENANCY
  • EXCELLENT DEMOS + LOCATION ADVANTAGES
  • INVESTMENT GRADE ANCHOR TENANT
  • EXCELLENT VISIBILITY + PREMIER RETAIL CORRIDOR
  • DEDICATED TURN LANE + DIVERSE INCOME STREAM

Executive Summary

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 820 East Roosevelt Rd (the “Property” / “Investment”), a three-tenant retail center located in the heart of Roosevelt Road’s primary retail corridor.
This fully leased retail strip offers a stable, income-generating opportunity, featuring three tenants, O’Reilly Auto Parts, Midwest Strength and Performance, and Jimmy John’s, all operating under net lease structures. Anchored by O’Reilly Auto Parts (NASDAQ: ORLY), a global Fortune 500 company with annual revenues exceeding $16.7 billion, the property benefits from their 14+ years of occupancy. Joining them is Jimmy John’s, a leading sandwich chain with over 2,600 locations nationwide, which has been at the site for more than 18 years. Midwest Strength and Performance, a well regarded regional fitness gym that has operated here since 2020.
Positioned along Roosevelt Road just off the intersection at South President Street, the Property benefits from strong daily visibility to over 43,500 vehicles. The Investment is surrounded by a premier mix of national retailers including Jewel-Osco, Trader Joe’s, Mariano’s, Chipotle, and Starbucks, making this a highly desirable retail node that attracts consistent consumer traffic.
The site features a dedicated turn lane and apartment unit enhancing customer accessibility and diversifying the investors income stream. The Property benefits from its strong demographic profile, including a 3-mile population that exceeds 104,000, an average household income of $140,000, and a median home value of more than $428,000.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
14,630 SF
Building Class
B
Year Built/Renovated
1965/2006
Price
$3,530,523 CAD
Price Per SF
$241.32 CAD
Cap Rate
7.92%
NOI
$279,672 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.20 AC
Zoning
C-3, Wheaton
Parking
41 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
170’ on E Roosevelt Rd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 05-21-201-049
  • 05-21-201-037
Land Assessment
$333,201 CAD
Improvements Assessment
$779,270 CAD
Total Assessment
$1,112,472 CAD
  • Listing ID: 38061505

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 820 E Roosevelt Rd, Wheaton, IL 60187

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