New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Office buildings
33 Roosevelt Rd, Lombard, IL 60148-4401
Entity Owned
~
Est. High Equity
Property ID
US28-0916989
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
8,850 SF
Lot
0.55 ac (23,958 SF)
Zoning code
C
APN
06-19-201-003
UPID
US28-0916989
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
$2.09M
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$2.18M
Owner & transaction history
Mba Sheridan LLC
Mba Sheridan LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
C · Lombard, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+149.9%
Restaurant
$2.8M
+119.6%
Medical building
$2.0M
+59.1%
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 Lombard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lombard 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
$2,215,000
ML approach
$2,085,000
CAP Approach
CAP Return
Estimation
6%
$2,170,000
6.5%
$2,000,000
7%
$1,860,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,130,000
Change: +150% · Conversion: Difficult
RESTAURANT
$2,750,000
Change: +120% · Conversion: Moderate
MEDICAL BUILDING
$1,995,000
Change: +59% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,810,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10% · vs last sale $2.30M (May 10 2023)
Last sale anchor
$2.30M
May 10 2023
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
$246 / 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
$28,551
Tax year 2023
Assessed value
$355,050
Assessed 2023
Previous assessed
$337,880
+5.1% YoY
Effective rate
8.04%
On assessed value
Assessed land
$100,700
Assessed improvement
$254,350
Land market value
$302,100
Improvement market value
$763,050
Total market value
$1,065,150
Applied tax rate
6,011.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Total area
8,850 SF
Lot
0.55 ac (23,958 SF)
Zoning code
C
APN
06-19-201-003
UPID
US28-0916989
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Lombard, IL
Zoning C · permitted uses
C · Lombard, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lombard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.1M
RESTAURANT
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL 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
1980
Heating
NONE
Lot
0.55 ac
Current owner
From public records · entity-resolved
Mba Sheridan LLC
Entity
Mailing address
33 W ROOSEVELT RD, LOMBARD, IL 60148-4401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
Mba Sheridan LLC
Neil Patel
Deed
—
May 10, 2023
$2,300,000
Ppg Labs LLC
Cicero & Roosevelt Properties LLC
Warranty Deed
$220,000 · Lynk Investments LLC
Dec 13, 2017
—
Bismillah Builders LLC
Women Mds LLC
Quit Claim Deed
related
—
Jan 30, 2013
$425,000
Bismillah Builders LLC
Bayview Loan Servicing LLC
Grant Deed
—
Dec 28, 2012
—
Women Mds LLC
Bismillah Builders LLC
Quit Claim Deed
related
—
Oct 5, 2012
$361,500
Synergy Property Holdings LLC
Sheriff Of Dupage County
Trustees Deed
related
—
Feb 7, 2005
—
Temesvary Family Ptshp
Trust 01-044
Grant Deed
—
Oct 24, 2001
—
Hinsbrook Bank & Trust Trustee
Lasalle Bank NA Trustee
Grant Deed
related
—
Jun 8, 1998
—
American Nat'l B&t Co Chgo Tte
Firstar Bank Illinois Ttee
Grant Deed
$340,000 · Citizens Bank Illinois
—
—
American National Bank Trustee
—
Deed Of Trust
related
$700,000 · First Dupage Bank
—
—
Hinsbrook Bank & Trust Ttee
—
Deed Of Trust
related
$275,000 · First Dupage Bank
—
—
Hinsbrook Bank & Trust Trustee
—
Deed Of Trust
related
$980,000 · First Dupage 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?”
You own 33 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.
