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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Industrial properties
28 Congress W Cir, Roselle, IL 60172-3911
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-2094415
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,461 SF
Lot
4.94 ac (215,186 SF)
Zoning code
I
APN
02-04-208-005
UPID
US28-2094415
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
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$905k
Owner & transaction history
Melrose 2832 Congress LLC
Melrose 2832 Congress LLC
since 2026
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
I · Roselle, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+96.5%
Retail stores
$960,000
+88.0%
Office building
$800,000
+56.4%
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
$1,065,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,005,000
Change: +97% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +88% · Conversion: Moderate
OFFICE BUILDING
$800,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$740,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $900k (Jul 8 2021)
Last sale anchor
$900k
Jul 8 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
$203 / 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
$12,391
Tax year 2023
Assessed value
$162,020
Assessed 2023
Previous assessed
$125,470
+29.1% YoY
Effective rate
7.65%
On assessed value
Assessed land
$44,010
Assessed improvement
$118,010
Land market value
$132,030
Improvement market value
$354,030
Total market value
$486,060
Applied tax rate
2,061.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
4,461 SF
Lot
4.94 ac (215,186 SF)
Zoning code
I
APN
02-04-208-005
UPID
US28-2094415
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Roselle, IL
Zoning I · permitted uses
I · 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
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$960,000
OFFICE BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$740,000
MEDICAL BUILDING
RETAIL STORES
OFFICE 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
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
4.94 ac
Current owner
From public records · entity-resolved
Melrose 2832 Congress LLC
Entity
Mailing address
219 ROYAL LN, BLOOMINGDALE, IL 60108-1285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 3, 2026
—
Melrose 2832 Congress LLC
William H Beckman & Mary D Beckman
Quitclaim Deed
related
—
Jul 8, 2021
—
William H Beckman
William H Beckman
Intrafamily Transfer
related
—
Mar 6, 2018
$900,000
Beckman,william H & Mary D Trust
Mareke B Software LLC
Grant Deed
$1,000,000 · Itasca Bk&tr
Feb 6, 2018
$650,000
Mareke B Software LLC
Ziffra,michael & Barbara
Warranty Deed
—
Jan 7, 2002
$152,500
Ibis Development Corp
Lasalle National Bank
Grant Deed
—
—
—
Michael Ziffra
—
Deed Of Trust
related
$50,000 · Ridgestone Bank
—
—
Michael Ziffra
—
Deed Of Trust
related
$994,500 · Lasalle National Bank
—
—
Michael Ziffra
—
Deed Of Trust
related
$1,334,100 · Ridgestone Bank
—
—
Michael J Ziffra
—
Deed Of Trust
related
$780,000 · Lasalle 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.
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