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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Retail space
1910 Roosevelt Rd Wheaton, IL 60187-6955
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-3654449
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
5,500 SF
Lot
0.53 ac (23,087 SF)
APN
05-22-200-029
UPID
US28-3654449
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
-
Midwest Express Clinic Urgent Care Medical Clinic
-
sdbsdbdsbs Naval Base
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.07M
Owner & transaction history
Sarc Il LLC · 5 yrs held
Sarc Il LLC
since 2021
Last sale
$970,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+44.3%
Medical building
$1.2M
+4.5%
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
$1,150,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,185,000
Current use
RESTAURANT
$1,710,000
Change: +44% · Conversion: Easy
MEDICAL BUILDING
$1,240,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,155,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $970k (Jun 22 2021)
Last sale anchor
$970k
Jun 22 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
$194 / 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
$15,140
Tax year 2023
Assessed value
$224,030
Assessed 2023
Previous assessed
$384,560
-41.7% YoY
Effective rate
6.76%
On assessed value
Assessed land
$97,660
Assessed improvement
$126,370
Land market value
$292,980
Improvement market value
$379,110
Total market value
$672,090
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Stories
1
Total area
5,500 SF
Lot
0.53 ac (23,087 SF)
APN
05-22-200-029
UPID
US28-3654449
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
RETAIL STORES Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (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
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Sarc Il LLC
Entity
Mailing address
1910 E ROOSEVELT RD, WHEATON, IL 60187-6955
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Sarc Il LLC
—
Deed
related
$4,934,360 · Mrv Bank
Jul 1, 2022
—
Sarc Il LLC
—
Deed
related
$4,934,360 · Mrv Bank
Jun 22, 2021
$970,000
Sarc Il LLC
Agree Central LLC
Special Warranty Deed
$3,014,031 · Mrv Bank
May 6, 2016
$2,302,500
Agree Wheaton Il LLC
Vequity LLC-series Xi 1910
Grant Deed
—
Oct 23, 2014
—
Vequity LLC-serie Xi 1910 Roos
—
Trustees Deed
related
$1,765,000 · Lake Forest Bk&tr
Jan 16, 2014
$500,000
Vequity LLC-series Xi 1910 Roo
Gc Real Estate LLC
Warranty Deed
related
—
May 12, 2005
$1,200,000
Gc Real Estate LLC
Trust 67-02-01
Grant Deed
—
—
—
Gc Real Estate LLC
—
Deed Of Trust
related
$21,210,000 · Tcf Nat'l Bk/wi
—
—
Gc Real Estate LLC
—
Loan Modification
related
—
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.
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