New search
Property profile & analytics
FOR SALE
Commercial real estate
225 E Irving Park Rd, Roselle, IL 60172
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0448811
For Sale
1 / 44
$1,390,000
225 E Irving Park Rd, Roselle, IL 60172
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,568 SF
Lot
0.63 ac (27,443 SF)
Zoning code
C
APN
02-03-404-004
UPID
US28-0448811
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$672k
Blend (final)
Blend
$655k
Owner & transaction history
M Richard Properties LLC · 8 yrs held
M Richard Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
C · Roselle, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$805,000
+35.5%
Retail stores
$770,000
+29.7%
Office building
$640,000
+7.8%
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 Roselle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roselle 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
MEDICAL BUILDING
$805,000
Change: +36% · Conversion: Easy
RETAIL STORES
$770,000
Change: +30% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$184 / 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
$11,653
Tax year 2023
Assessed value
$152,370
Assessed 2023
Previous assessed
$152,040
+0.2% YoY
Effective rate
7.65%
On assessed value
Assessed land
$70,360
Assessed improvement
$82,010
Land market value
$211,080
Improvement market value
$246,030
Total market value
$457,110
Applied tax rate
2,250.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
3,568 SF
Lot
0.63 ac (27,443 SF)
Zoning code
C
APN
02-03-404-004
UPID
US28-0448811
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Roselle, IL
Zoning C · permitted uses
C · Roselle, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roselle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$805,000
RETAIL STORES
Est. value
$770,000
OFFICE BUILDING
Est. value
$640,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.63 ac
Current owner
From public records · entity-resolved
M Richard Properties LLC
Entity
Mailing address
269 GOODRIDGE TER, ROSELLE, IL 60172-3536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2017
—
M Richard Properties LLC
Custom Corp
Special Warranty Deed
$300,000 · Custom Corp
Jun 20, 2017
—
Custom Corp
Parker Holdings LLC Series A
Warranty Deed
—
Jan 25, 2017
—
Parker Holdings LLC Series
Court Clerk Of Dupage County
Tax Deed
related
—
Feb 19, 2013
—
Cookie Trust 3-13-1999
Ascher,walter
Quit Claim Deed
related
—
Dec 9, 2008
—
Walter Ascher
Paulin-ascher Helga Trust
Quit Claim Deed
related
—
Jun 12, 2008
—
Walter Ascher
Paulin-ascher Helga Trust
Quit Claim Deed
related
—
Apr 23, 2001
$362,500
Ascher Trust
Savelli Properties INC
Grant Deed
—
—
—
Walter Ascher
—
Deed Of Trust
related
$468,000 · Luci D Fournelle
—
—
Paulin-ascher Trust
—
Deed Of Trust
related
$250,000 · Advantage National Bank
—
—
Paulin-ascher Trust
—
Deed Of Trust
related
$860,000 · Union National Bank
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?”
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.
