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    Property profile & analytics

    285 Roosevelt Rd Glen Ellyn, IL 60137-5618

    • Parking lots & garages
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $6,125,000
    Last Sale
    Mar 28, 2025
    $6,902,574
    Location Intelligence
    Property ID
    US28-4292805
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 285 Roosevelt Rd

    Lot size
    0.21 lot acres
    Property type
    Parking lots & garages
    APN
    05-22-200-028
    APU
    522200028

    Description

    This exceptional retail opportunity in Glen Ellyn, Illinois, presents 5,498 square feet of vacant space available for lease at 285 Roosevelt Road, DuPage County, zip code 60189. The property, known as Roosevelt Road Center, offers flexible tenancy options, accommodating multiple businesses or a single large tenant. Units range from a minimum of 1,298 contiguous square feet to a maximum of 5,498 contiguous square feet, providing versatility for various retail concepts. The entire 5,498 square foot building is currently vacant, presenting a unique chance to establish a prominent presence in a thriving commercial area. Located in the bustling city of Glen Ellyn, this storefront property benefits from high visibility and convenient access for customers. The property's prime location in DuPage County ensures a strong customer base and excellent potential for growth. This is an ideal opportunity for businesses seeking a well-positioned retail space in a desirable Illinois market. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is 285 Roosevelt Road, Wheaton, IL 60189.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,075,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,000,000
      6.5%
      $7,115,000
      7%
      $6,945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,765,000
      Geo Method
      $6,275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,255,000
      Retail
      $7,090,000
      Mixed-Use
      $5,585,000
      Hospitality
      $6,575,000
      Educational
      $7,475,000
      Residential Income
      $6,860,000
      Energy
      $6,145,000
      Income-Based Land
      $5,660,000
      Food Service
      $6,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Ellyn
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0797
    Latitude
    41.8585
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,669
    $39,490
    $0.00
    $39,490
    -
    $118,470
    $0.00
    $118,470

    Comparable in this City

    • Value Estimation
      $260,000
      0.13 Acres

      Frst Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.13 Acres
      Frst Ave, Glen Ellyn, IL 60137
      View Details
    • Value Estimation by Request
      0.15 Acres

      Pennsylvania Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.15 Acres
      Pennsylvania Ave, Glen Ellyn, IL 60137
      View Details
    • Value Estimation
      $240,000
      0.29 Acres

      799 Roosevelt Rd

      PARKING GARAGE, PARKING STRUCTURE • 0.29 Acres
      799 Roosevelt Rd, Glen Ellyn, IL 60137-5908
      View Details
    • Value Estimation by Request
      1.01 Acres

      485 Saint Moritz Dr

      PARKING GARAGE, PARKING STRUCTURE • 1.01 Acres
      485 Saint Moritz Dr, Glen Ellyn, IL 60137-4320
      View Details
    • Value Estimation by Request
      0.41 Acres

      468 Duane St

      PARKING GARAGE, PARKING STRUCTURE • 0.41 Acres
      468 Duane St, Glen Ellyn, IL 60137-4510
      View Details
    • Value Estimation by Request
      0.03 Acres

      Frst Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.03 Acres
      Frst Ave, Glen Ellyn, IL 60137
      View Details

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    Similar Nearby for Lease

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      View Details
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    285 Roosevelt Rd
    Glen Ellyn, IL 60137-5618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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