New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,935,000
Retail space
285 Roosevelt Rd, Glen Ellyn, IL 60137-5618
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-4854836
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
MIXED
Total area
32,234 SF
Lot
2.53 ac (110,207 SF)
APN
05-22-201-037
UPID
US28-4854836
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
$6.53M
CAP Approach
CAP
$6.89M
Comparable Approach
Comparable
$7.45M
Blend (final)
Blend
$6.94M
Owner & transaction history
Arg Fmgleil001 LLC · 4 yrs held
Arg Fmgleil001 LLC
since 2022
Last sale
$6.9M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.4M
+64.2%
Restaurant
$10.0M
+44.3%
Medical building
$7.3M
+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 Glen Ellyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Ellyn 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
$6,075,000
ML approach
$6,525,000
CAP Approach
CAP Return
Estimation
6%
$7,455,000
6.5%
$6,885,000
7%
$6,390,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,945,000
Current use
AUTO REPAIR, GARAGE
$11,405,000
Change: +64% · Conversion: Difficult
RESTAURANT
$10,025,000
Change: +44% · Conversion: Easy
MEDICAL BUILDING
$7,260,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$5,835,000
Change: -16% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,565,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$6.94M
Range $6.24M – $7.63M · ±10% · vs last sale $6.90M (Mar 28 2025)
Last sale anchor
$6.90M
Mar 28 2025
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
$215 / 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
$151,721
Tax year 2023
Assessed value
$1,895,590
Assessed 2023
Previous assessed
$1,783,810
+6.3% YoY
Effective rate
8.00%
On assessed value
Assessed land
$466,870
Assessed improvement
$1,428,720
Land market value
$1,400,610
Improvement market value
$4,286,160
Total market value
$5,686,770
Applied tax rate
5,312.0000
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
Year built
2014
Construction
MIXED
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
32,234 SF
Lot
2.53 ac (110,207 SF)
APN
05-22-201-037
UPID
US28-4854836
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
$6.9M
AUTO REPAIR, GARAGE
Est. value
$11.4M
RESTAURANT
Est. value
$10.0M
MEDICAL BUILDING
Est. value
$7.3M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
2014
Construction
MIXED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.53 ac
Current owner
From public records · entity-resolved
Arg Fmgleil001 LLC
Entity
Mailing address
23425 COMMERCE PARK STE #103, CLEVELAND, OH 44122-5848
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
$6,398,705
Arg Fmgleil001 LLC
Arcp Mt Glen Ellyn Il LLC
Special Warranty Deed
$4,750,000 · Venerable Insurance And Annuity Com
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?”
You own 285 Roosevelt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
