Property profile

497 Il Rte 38 Rochelle, IL 61068

OFF-MARKET
Commercial real estate
Property ID
US28-2976965
6,459 SF Built 2008
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 6,459 SF
APN 24-13-377-049
UPID US28-2976965

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

497 Il Rte 38 Rochelle, IL 61068-1189
Rochelle metro Census 961100 ROCHELLE, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$733k
Blend (final) Blend
$1.09M

Owner & transaction history

since 2025
Last sale
$1.1M
4 recorded transactions
2025
$1.1M
2011
Price N/A
2007
Price N/A
2007
$700,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 497 Il Rte 38?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message