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Property profile & analytics
OFF-MARKET
Estimated value
$9,445,000
Industrial properties
550 Congress S Cir, Roselle, IL 60172
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1910838
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Construction
TYPE NOT SPECIFIED
Total area
103,320 SF
Lot
5.68 ac (247,421 SF)
Zoning code
I
APN
02-04-205-015
UPID
US28-1910838
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
$9.40M
CAP Approach
CAP
$6.84M
Comparable Approach
Comparable
$8.82M
Blend (final)
Blend
$9.45M
Owner & transaction history
Ascendas Reit Chicago I LLC · 4 yrs held
Ascendas Reit Chicago I LLC
since 2022
Last sale
$12.1M
7 recorded transactions
Zoning & alternative use
I · Roselle, 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 Roselle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roselle 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
$12,300,000
ML approach
$9,400,000
CAP Approach
CAP Return
Estimation
6%
$7,415,000
6.5%
$6,840,000
7%
$6,355,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,840,000
Current use
WAREHOUSE, STORAGE
$10,760,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$9.45M
Range $8.50M – $10.39M · ±10% · vs last sale $12.14M (Jun 15 2022)
Last sale anchor
$12.14M
Jun 15 2022
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
$91 / 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
$164,109
Tax year 2023
Assessed value
$2,145,780
Assessed 2023
Previous assessed
$1,910,190
+12.3% YoY
Effective rate
7.65%
On assessed value
Assessed land
$556,930
Assessed improvement
$1,588,850
Land market value
$1,670,790
Improvement market value
$4,766,550
Total market value
$6,437,340
Applied tax rate
2,061.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1991
Construction
TYPE NOT SPECIFIED
Heating
NONE
Total area
103,320 SF
Lot
5.68 ac (247,421 SF)
Zoning code
I
APN
02-04-205-015
UPID
US28-1910838
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Roselle, IL
Zoning I · permitted uses
I · Roselle, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roselle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$11.8M
WAREHOUSE, STORAGE
Est. value
$10.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1991
Construction
TYPE NOT SPECIFIED
Heating
NONE
Lot
5.68 ac
Current owner
From public records · entity-resolved
Ascendas Reit Chicago I LLC
Entity
Free & Clear · 4 yrs held
Mailing address
575 5TH AVE30F, NEW YORK, NY 10017-2422
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
—
Ascendas Reit Chicago I LLC
Hs Property Owner LLC
Quit Claim Deed
related
—
Jun 15, 2022
$12,136,000
Ascendas Reit Chicago 1 LLC
Breit Industhal Hs Property Owner L
Special Warranty Deed
—
Jan 11, 2018
—
Breit Indl Hs Prop Owner LLC
—
Loan Modification
related
$472,000,000 · Bank Of America
Nov 15, 2017
—
Breit Indl Hs Prop Owner LLC
—
Loan Modification
related
$372,000,000 · Bank Of America
Jun 8, 2017
—
Breit Indl Hs Prop Owner LLC
—
Grant Deed
related
$292,000,000 · Bank Of America
Apr 21, 2017
$7,800,000
Breit Indl Hs Prop Owner LLC
550 Congress Circle Invtrs LP
Grant Deed
—
Nov 3, 2015
$7,100,000
550 Congress Circle Investors LP
Npbm LLC
Special Warranty Deed
$4,287,000 · Wells Fargo Bank NA
Sep 12, 2012
—
Npbm LLC
Trust 109480-80
Grant Deed
related
—
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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