Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    605 Roosevelt Rd, Unit 7 Wheaton, IL 60187-5568

    • Banks
    • 3,870 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US28-0598300
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Family Shelter Service / Non-Profit Organization / Social Services Organization
    • China Star / Chinese Restaurant / Asian Restaurant

    Property Details for 605 Roosevelt Rd

    Year built
    2008
    Construction
    MIXED
    Lot size
    0.98 lot acres
    Property size
    3,870 SF
    Zone code
    C
    Property type
    Banks
    APN
    05-16-423-027
    APU
    516423027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $355,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $370,000
      Mixed-Use
      $325,000
      Hospitality
      $365,000
      Educational
      $310,000
      Residential Income
      $320,000
      Energy
      $430,000
      Income-Based Land
      $410,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Wheaton
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0969
    Latitude
    41.8593
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,351
    $179,800
    $106,540
    $286,340
    -
    $539,400
    $319,620
    $859,020

    Comparable in this City

    • Value Estimation
      $420,000
      8,688 SF

      203 Liberty Dr

      FINANCIAL BUILDING • 8,688 SF
      203 Liberty Dr, Wheaton, IL 60187
      View Details
    • Value Estimation by Request
      0.28 Acres

      Cross St

      FINANCIAL BUILDING • 0.28 Acres
      Cross St, Wheaton, IL 60187
      View Details
    • Value Estimation by Request
      0.12 Acres

      1500 Main St

      FINANCIAL BUILDING • 0.12 Acres
      1500 Main St, Wheaton, IL 60187-3584
      View Details
    • Value Estimation
      $275,000
      3,529 SF

      County Farm Rdy

      FINANCIAL BUILDING • 3,529 SF
      County Farm Rdy, Wheaton, IL 60187
      View Details
    • Value Estimation
      $390,000
      800 SF

      221 St

      FINANCIAL BUILDING • 800 SF
      221 St, Wheaton, IL 60187-5029
      View Details
    • Value Estimation
      $235,000
      0.05 Acres

      108 Cross St

      FINANCIAL BUILDING • 0.05 Acres
      108 Cross St, Wheaton, IL 60187-5318
      View Details

    Similar Nearby for Sale

    • $2,600,000
      8,850 SF

      Wheaton Retail Investment Opportunity

      Class A Retail Space, High Traffic Area
      1000 Geneva Rd, Wheaton, IL 60187
      View Details
    • Contact for pricing
      0.59 Acres

      Wheaton Retail Pad Opportunity

      High-traffic location, flexible options.
      2031 Gary Ave, Wheaton, IL 60187
      View Details
    • $825,000
      0.19 Acres

      Downtown Wheaton Retail and Office

      Retail and office space in downtown Wheaton with parking.
      117 W Wesley St, Wheaton, IL 60187
      View Details
    • $2,999,900
      0.10 Acres

      Downtown Wheaton Class A Office

      Class A office building with retail space in downtown Wheaton.
      221 W Front St, Wheaton, IL 60187
      View Details
    • $2,595,000
      14,630 SF

      Leased Retail Strip For Sale

      Fully leased retail strip with investment grade anchor tenant.
      820 E Roosevelt Rd, Wheaton, IL 60187
      View Details
    • $850,000
      0.19 Acres

      Wheaton Retail District Commercial Property

      Commercial property in Wheaton's retail district with parking lot.
      121 W Wesley St, Wheaton, IL 60187
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Downtown Wheaton

      Prime retail space with high visibility and strong foot traffic.
      210 N Main St, Wheaton, IL 60187
      View Details
    • $20 SF/Yr
      1,634 SF

      Retail Space on Main Street

      Charming retail space with parking in front and rear.
      1501-1525 N Main St, Wheaton, IL 60187
      View Details
    • $22 SF/Yr
      2,685 SF

      Retail Space in Wheaton, Illinois

      Retail space available for lease in Wheaton, Illinois.
      101-103 Front St, Wheaton, IL 60187
      View Details
    • $20 SF/Yr
      14,458 SF

      Retail Space on Main Street

      Retail space available in a charming Main Street location.
      1501-1525 Hawthorne Blvd, Wheaton, IL 60187
      View Details
    • $22 SF/Yr
      600 SF

      Downtown Wheaton Retail Space Available

      Retail suites available in downtown Wheaton, close to transportation.
      103-104 E Front St, Wheaton, IL 60187
      View Details
    • Contact for pricing
      5,135 SF

      Retail Opportunity on County Farm

      Retail space available for lease with high traffic volume.
      625 S County Farm Rd, Wheaton, IL 60187
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    605 Roosevelt Rd, Unit 7
    Wheaton, IL 60187-5568
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.