Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2212-2214 Belmont Ave Roscoe, IL 61018

    • Commercial real estate
    • 3,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2212-2214 Belmont Ave

    Year built
    1972
    Property size
    3,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional 3,000 square foot commercial property located at 2212-2214 W Belmont Avenue in Roscoe, Illinois, presents a unique investment opportunity. Currently configured as a medical center, approximately 1,500 square feet is occupied by an existing pharmacy, leaving substantial vacant space ready for immediate use or redevelopment. The building boasts ten doctor's offices, providing ample potential for expansion or diversification of medical services. The existing layout is well-suited for continued medical use, offering a turnkey solution for a healthcare provider seeking established space. However, the property's versatility extends beyond medical applications. Its location and size make it suitable for a variety of retail or office uses. The city of Chicago has already approved plans for a three-story building on the site, opening up significant development possibilities for a forward-thinking investor. This presents a chance to capitalize on a prime location with existing infrastructure and approved expansion plans, offering a strong return on investment. The property is priced at $750,000 and sits on a 0-acre lot. Serious inquiries are encouraged to explore the full potential of this versatile commercial property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roscoe
    County
    Cook
    State
    Illinois
    Longitude
    -89.5432
    Latitude
    42.4056

    Comparable in this City

    • Value Estimation by Request
      1.32 Acres

      Dakota, IL 61018

      COMMERCIAL (GENERAL) • 1.32 Acres
      Dakota, IL 61018
      View Details
    • Value Estimation
      $325,000
      4,800 SF

      Dakota Mini Storage Rt 75

      COMMERCIAL (GENERAL) • 4,800 SF
      Dakota Mini Storage Rt 75, Dakota, IL 61018
      View Details
    • Value Estimation by Request
      864 SF

      Dakota, IL 61018

      COMMERCIAL (GENERAL) • 864 SF
      Dakota, IL 61018
      View Details
    • Value Estimation
      $215,000
      0.95 Acres

      Dakota, IL 61018

      COMMERCIAL (GENERAL) • 0.95 Acres
      Dakota, IL 61018
      View Details
    • Value Estimation by Request
      2.50 Acres

      12009 Afolkey Rd

      COMMERCIAL (GENERAL) • 2.50 Acres
      12009 Afolkey Rd, Dakota, IL 61018
      View Details
    • Value Estimation by Request
      3,480 SF

      203 St

      COMMERCIAL (GENERAL) • 3,480 SF
      203 St, Dakota, IL 61018-9798
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2212-2214 Belmont Ave
    Roscoe, IL 61018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.