Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,455,000
Warehouses
1830 Roosevelt Rd Wheaton, IL 60187-6936
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-4809532
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Total area
126,739 SF
Lot
2.66 ac (115,870 SF)
APN
05-22-200-030
UPID
US28-4809532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CubeSmart Self Storage Storage Facility
-
Toy Box Car Storage Storage Facility Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.99M
CAP Approach
CAP
$18.24M
Comparable Approach
Comparable
$13.27M
Blend (final)
Blend
$15.46M
Owner & transaction history
1830 E Roosevelt Rd LLC · 5 yrs held
1830 E Roosevelt Rd LLC
since 2021
Last sale
$17.0M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$20.3M
+53.7%
Industrial (general)
$14.8M
+11.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wheaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheaton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$20,180,000
ML approach
$10,985,000
CAP Approach
CAP Return
Estimation
6%
$19,760,000
6.5%
$18,240,000
7%
$16,935,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,200,000
Current use
OFFICE BUILDING
$20,285,000
Change: +54% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,755,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$15.46M
Range $13.91M – $17.00M · ±10% · vs last sale $17.04M (May 17 2021)
Last sale anchor
$17.04M
May 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$260,520
Tax year 2023
Assessed value
$3,854,980
Assessed 2023
Previous assessed
$3,643,210
+5.8% YoY
Effective rate
6.76%
On assessed value
Assessed land
$490,420
Assessed improvement
$3,364,560
Land market value
$1,471,260
Improvement market value
$10,093,680
Total market value
$11,564,940
Applied tax rate
5,012.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Stories
2
Total area
126,739 SF
Lot
2.66 ac (115,870 SF)
APN
05-22-200-030
UPID
US28-4809532
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.2M
OFFICE BUILDING
Est. value
$20.3M
INDUSTRIAL (GENERAL)
Est. value
$14.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
2
Lot
2.66 ac
Current owner
From public records · entity-resolved
1830 E Roosevelt Rd LLC
Entity
Mailing address
5 OLD LANCASTER RD, MALVERN, PA 19355-2132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$17,037,000
1830 E Roosevelt Rd LLC
1830 Roosevelt LLC
Special Warranty Deed
$221,552,500 · Wells Fargo Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1830 Roosevelt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
