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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10 Roosevelt Rd Villa Park, IL 60181-3541

    • Hotels
    • 36,894 SF
    • 2.55 lot acres
    OFF-MARKET
    Last Sale
    Feb 04, 2020
    $4,800,000
    Value Estimations
    $5,025,000
    Show details
    Cap Rate Potential
    4.8%
    Hotels
    Location Intelligence
    Property ID
    US28-1273673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • British Swim School of Oakbrook Terrace/Villa Park / Swimming School / Baby Swimming School
    • Motel 6 Villa Park, IL - Chicago West / Motel / Hotel

    Property Details for 10 Roosevelt Rd

    Year built
    1982
    Lot size
    2.55 lot acres
    Property size
    36,894 SF
    Zone code
    C
    Property type
    Hotels
    Property subtype
    Motels
    APN
    06-16-401-048
    APU
    616401048

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,755,000
      ML approach
      $5,800,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,600,000
      6.5%
      $4,245,000
      7%
      $3,945,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,758,000
      Market price range: $2.84M - $4.76M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,780,000
      Current use
      MEDICAL BUILDING
      $8,310,000
      Change: +120% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $7,550,000
      Change: +100% Conversion: Difficult
      RETAIL STORES
      $6,915,000
      Change: +83% Conversion: Difficult
      OFFICE BUILDING
      $5,985,000
      Change: +58% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,845,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Villa Park
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9793
    Latitude
    41.861
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $121,797
    $443,610
    $1,111,910
    $1,555,520
    -
    $1,330,830
    $3,335,730
    $4,666,560

    Comparable in this City

    • Value Estimation
      $3,495,000
      58,816 SF

      17th Roosevelt Rd

      HOTEL/MOTEL • 58,816 SF
      17th Roosevelt Rd, Oakbrook Terrace, IL 60181-3526
      View Details
    • Value Estimation
      $1,860,000
      34,324 SF

      350 Roosevelt Rd

      HOTEL/MOTEL • 34,324 SF
      350 Roosevelt Rd, Villa Park, IL 60181-3552
      View Details
    • Value Estimation by Request
      0.44 Acres

      350 Roosevelt Rd

      HOTEL/MOTEL • 0.44 Acres
      350 Roosevelt Rd, Villa Park, IL 60181-3552
      View Details
    • Value Estimation
      $7,625,000
      128,492 SF

      17th 22nd St

      HOTEL/MOTEL • 128,492 SF
      17th 22nd St, Oakbrook Terrace, IL 60181-4452
      View Details
    • Value Estimation
      $8,170,000
      197,000 SF

      10 Drury Ln

      HOTEL/MOTEL • 197,000 SF
      10 Drury Ln, Oakbrook Terrace, IL 60181-4614
      View Details
    • Value Estimation
      $9,440,000
      76,950 SF

      200 Royce Blvd

      HOTEL/MOTEL • 76,950 SF
      200 Royce Blvd, Oakbrook Terrace, IL 60181-4836
      View Details

    Similar Nearby for Sale

    • $1,099,000
      6,755 SF

      Oak Brook Terrace Office Space

      6700+ sqft office space in Oak Brook Terrace.
      1 Transam Plaza Dr, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing
      29,233 SF

      Office Space in Brittany Tower

      Office suites with ample parking, near shopping and expressways.
      17W662 Butterfield Rd, Oakbrook Terrace, IL 60181
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    • $975,000
      0.17 Acres

      Villa Park Multifamily Investment Opportunity

      Well-maintained 6-unit apartment building in a desirable Villa Park location.
      528 N Ardmore Ave, Villa Park, IL 60181
      View Details
    • Contact for pricing
      53.00 Acres

      Randall Corporate Center: 53 Acres

      Prime IL commercial land, build-ready, 490 parking spaces.
      0 Randall Rd. & Recreation Dr, Villa Park, IL 60181
      View Details
    • Contact for pricing
      12.00 Acres

      1 Oakbrook Ter

      Land • 12.00 Acres
      0 1 Oakbrook Ter, Villa Park, IL 60181
      View Details
    • $300,000

      Villa Park Vacant Lot

      Large lot suitable for industrial use or build-to-suit opportunity.
      204 E Hill St, Villa Park, IL 60181
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Retail Space in Renovated Center

      Well-anchored retail space in a newly renovated community center.
      130-234 W Roosevelt Rd, Villa Park, IL 60181
      View Details
    • $13 SF/Yr
      17,803 SF

      Industrial End-Cap Unit Available

      End-cap industrial unit with dock and drive-in door access.
      701 North Michigan Ave, Villa Park, IL 60181
      View Details
    • $34 SF/Yr
      2,877 SF

      Medical Office Space For Rent

      Medical office space with synergistic co-tenants, near Elmhurst Hospital.
      1 Summit Ave, Oakbrook Terrace, IL 60181
      View Details
    • Contact for pricing
      53 SF

      Entitled Land Ready to Build

      Build-ready commercial land with full utilities available for rent.
      Randall Rd. & Recreation Dr, West Dundee, IL 60181
      View Details
    • Contact for pricing
      43,784 SF

      Retail Space in Community Center

      Community center retail space with strong positioning and ample parking.
      102-104 W Roosevelt Rd, Villa Park, IL 60181
      View Details
    • $25 SF/Yr
      13,000 SF

      Oakbrook Terrace Office Space for Lease

      Prime Retail/Office Suite - 730 SF Available
      17W602- 14Th St, Oakbrook Terrace, IL 60181
      View Details
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    10 Roosevelt Rd
    Villa Park, IL 60181-3541
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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