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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Office buildings
400 Roosevelt Rd, Wheaton, IL 60187-2329
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0862794
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
FRAME
Total area
10,000 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
05-20-205-046
UPID
US28-0862794
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
Current use
Occupant on record · Public records
-
Bellas Artes School of Music Vocational School Training Center
-
Meek Katheryn R Physician Medical Clinic
-
Valentini Therapy Medical Clinic
-
Biofield Tuning Auto Repair Shop
-
Integrity Exteriors Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.24M
Owner & transaction history
Saburi Investment Group LLC 40 · 11 yrs held
Saburi Investment Group LLC 40
since 2015
7 recorded transactions
Zoning & alternative use
C · Wheaton, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wheaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheaton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,600,000
Current use
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10%
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
$124 / 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
$18,597
Tax year 2023
Assessed value
$275,180
Assessed 2023
Previous assessed
$288,200
-4.5% YoY
Effective rate
6.76%
On assessed value
Assessed land
$163,640
Assessed improvement
$111,540
Land market value
$490,920
Improvement market value
$334,620
Total market value
$825,540
Applied tax rate
5,012.0000
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
1979
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
10,000 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
05-20-205-046
UPID
US28-0862794
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Wheaton, IL
Zoning C · permitted uses
C · Wheaton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wheaton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
OFFICE BUILDING Current
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
1979
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Saburi Investment Group LLC 40
Entity
Mailing address
328 POST OAK CIR, WEST CHICAGO, IL 60185-5902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2020
—
Saburi Investment Group LLC
—
Deed
related
$364,333 · Wheaton Bk&tr
Apr 2, 2015
$188,333
Saburi Investment Group LLC 40
Wbt-sfre LLC
Grant Deed
$395,500 · Wheaton Bk&tr
Sep 18, 2012
—
Wbt-sfre LLC
Steam Partners LLC
Warranty Deed
—
Feb 7, 2008
—
Stearn Partners LLC
—
Trustees Deed
related
$150,000 · State Bank Of Countryside
Oct 3, 2001
—
Steam Partners LLC
Lasalle Bnak NA Ttee
Grant Deed
related
—
Feb 1, 1999
$1,600,000
American Natl Bk&trt Chgo Ttee
Evans Investments LP
Grant Deed
related
$125,000 · American Nat'l Bk & Tr Chicago
—
—
Steam Partners LLC
—
Deed Of Trust
related
$880,000 · Wheaton Bank & Trust Co
—
—
Saburi Investment Group LLC
—
Loan Modification
related
$364,333 · Wheaton Bk&tr
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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