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    24W483 Lake St Roselle, IL 60172

    • Land
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 24W483 Lake St

    Lot size
    1.15 lot acres
    Property type
    Land

    Description

    Exceptional redevelopment opportunity on busy Route 20 (Lake Street) in Roselle, Illinois. This 1.15-acre property, encompassing three parcels in unincorporated DuPage County, boasts 100 feet of frontage on Lake Street and 358 feet on Garden Avenue. The site currently features a 3,345-square-foot building, renovated in 2010, and ample parking accommodating over 60 vehicles, plus additional vacant lots. B-2 zoning permits diverse commercial and potentially industrial development options. The property's strategic location at the intersection of Lake Street and Garden Avenue offers significant visibility and accessibility. This is a land sale only

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roselle
    County
    DuPage
    State
    Illinois
    Longitude
    -88.1032
    Latitude
    41.9649

    Comparable in this City

    • Value Estimation by Request

      24W523 Lake St

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      6N302 Gary Ave

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      6N632 Gary Ave

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      6N505 Gary Ave

      Land • 2.42 Acres
      6N505 Gary Ave, Roselle, IL 60172
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    • Value Estimation by Request
      0.48 Acres

      Ww Lk St, Unit 4

      VACANT COMMERCIAL LAND • 0.48 Acres
      Ww Lk St, Roselle, IL 60172
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    • Value Estimation by Request
      1.37 Acres

      6th Gary Ave

      VACANT COMMERCIAL LAND • 1.37 Acres
      6th Gary Ave, Roselle, IL 60172-3109
      View Details

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    24W483 Lake St
    Roselle, IL 60172
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    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
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