Property profile

245 Roosevelt Rd West Chicago, IL 60185

OFF-MARKET
Industrial properties
Property ID
US28-2407450
30,697 SF 1.08 ac lot Built 1986
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Total area 30,697 SF
Lot 1.08 ac (47,045 SF)
Zoning code C
APN 04-16-202-085
UPID US28-2407450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Insurance Agency
  • Industrial Manufacturer Production Facility
  • Registered General Nurse
  • State Government Office

Location

245 Roosevelt Rd West Chicago, IL 60185-3739
West Chicago metro Census 841501 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.33M

Owner & transaction history

since 2021
Last sale
$3.7M
7 recorded transactions
2021
Price N/A
2019
$3.7M
2012
Price N/A
2010
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · West Chicago, IL
Top alternative use upside
Retail stores $6.6M +145.2%
Commercial (general) $6.1M +127.1%
Office building $5.5M +104.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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