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    Property profile & analytics

    621 Roselle Rd Roselle, IL 60172-4900

    • Auto shops
    • 0.59 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-5297752
    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

    • Auto shops

    Property Details for 621 Roselle Rd

    Year built
    1993
    Lot size
    0.59 lot acres
    Property type
    Auto shops
    APN
    07-34-400-031
    APU
    734400031

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roselle
    County
    Cook
    State
    Illinois
    Longitude
    -88.0794
    Latitude
    41.9961
    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
    2022
    $29,344
    $41,707
    $62,949
    $104,656
    -
    $166,828
    $251,796
    $418,624

    Comparable in this City

    • Value Estimation
      $255,000
      0.27 Acres

      1600 Roselle Rd

      AUTO REPAIR, GARAGE • 0.27 Acres
      1600 Roselle Rd, Roselle, IL 60172-5020
      View Details
    • Value Estimation
      $235,000
      0.13 Acres

      1600 Roselle Rd

      AUTO REPAIR, GARAGE • 0.13 Acres
      1600 Roselle Rd, Roselle, IL 60172-5020
      View Details
    • Value Estimation
      $355,000
      12,219 SF

      55 Irving Park Rd

      AUTO REPAIR, GARAGE • 12,219 SF
      55 Irving Park Rd, Roselle, IL 60172-1117
      View Details
    • Value Estimation
      $295,000
      2,800 SF

      412 Maple Ave

      AUTO REPAIR, GARAGE • 2,800 SF
      412 Maple Ave, Roselle, IL 60172-2204
      View Details
    • Value Estimation
      $300,000
      0.73 Acres

      601 Roselle Rd, Unit 21

      AUTO REPAIR, GARAGE • 0.73 Acres
      601 Roselle Rd, Roselle, IL 60172-4900
      View Details
    • Value Estimation
      $295,000
      0.15 Acres

      1613 Marion St

      RESIDENTIAL PARKING GARAGE • 0.15 Acres
      1613 Marion St, Roselle, IL 60172-5002
      View Details

    Similar Nearby for Sale

    • $3,025,000
      20,655 SF

      Roselle Auto Shop Investment Opportunity

      High-NOI, Fully Leased Auto Center
      1046 Lake St, Roselle, IL 60172
      View Details
    • $1,390,000
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      Roselle Commercial Building For Sale

      Well-maintained 5,300+ SF building in Roselle, Illinois.
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    • $295,000
      1.10 Acres

      Residential Lot in DuPage County

      Expansive 1.1-acre residential lot in unincorporated DuPage County.
      6n160 Garden Ave, Roselle, IL 60172
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    • $294,900

      Meticulously Maintained Townhome with Updates

      Two-story townhome featuring updated kitchen and baths, maintenance-free yard.
      1352 Oxford Cir, Roselle, IL 60172
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    • $335,000

      Downtown Roselle Luxury Condo

      Luxury condo in downtown Roselle near Metra and amenities.
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    • New
      $795,000
      3.85 Acres

      Residential Development Land Opportunity

      3.85-acre parcel for residential development in Roselle, Illinois.
      24W459 Lawrence Ave, Roselle, IL 60172
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    Similar Nearby for Lease

    • $16 SF/Yr
      1,242 SF

      Roselle Retail Space Available

      Retail space available for lease in Roselle, Illinois.
      620-692 W Lake St, Roselle, IL 60172
      View Details
    • Contact for pricing
      130,244 SF

      Roselle Retail Space For Lease

      Retail space available in the heart of Roselle, Illinois.
      731 E Nerge Rd, Roselle, IL 60172
      View Details
    • $12 SF/Yr
      3,750 SF

      Roselle Office Space Available

      Prime Roselle office suites, flexible space.
      100 Irving Park Rd, Roselle, IL 60172
      View Details
    • $12 SF/Yr
      1,400 SF

      Retail Space on Roselle Road

      Retail space with high traffic and ample parking available.
      805-845 South Roselle Rd, Roselle, IL 60172
      View Details
    • $18 SF/Yr
      15,639 SF

      Lake View Plaza Retail Center

      DuPage County retail space, 4 units available
      1300-1326 Lake St, Roselle, IL 60172
      View Details
    • $23 SF/Yr
      1,050 SF

      Roselle Retail Space For Rent

      Retail space in Roselle with ample parking.
      472-478 Lake St, Roselle, IL 60172
      View Details
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    621 Roselle Rd
    Roselle, IL 60172-4900
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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