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Property profile & analytics
OFF-MARKET
Estimated value
$10,010,000
Community centers
803 Nerge Rd, Roselle, IL 60172-4817
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0863232
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Lot
6.88 ac (299,693 SF)
APN
07-35-400-009
UPID
US28-0863232
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
$10.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.01M
Owner & transaction history
Map21 Properties LLC · 4 yrs held
Map21 Properties LLC
since 2022
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
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
$10,790,000
ML approach
$10,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.01M
Range $9.01M – $11.01M · ±10% · vs last sale $10.00M (Jun 16 2022)
Last sale anchor
$10.00M
Jun 16 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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$550,409
Tax year 2022
Assessed value
$1,963,062
Assessed 2022
Previous assessed
$1,264,357
+55.3% YoY
Effective rate
28.04%
On assessed value
Assessed land
$749,535
Assessed improvement
$1,213,527
Land market value
$2,998,140
Improvement market value
$4,854,108
Total market value
$7,852,248
Applied tax rate
35,049.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Heating
NONE
Lot
6.88 ac (299,693 SF)
APN
07-35-400-009
UPID
US28-0863232
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
6.88 ac
Current owner
From public records · entity-resolved
Map21 Properties LLC
Entity
Mailing address
2400 E MAIN ST #103173, ST CHARLES, IL 60174-2436
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
$10,000,000
Map21 Properties LLC
Chicago Title Land Trust Company
Deed
$7,200,000 · Midland States Bank
Oct 18, 2004
—
Trust 110-6293
—
Trustees Deed
related
$400,000 · Mutual Bank
Feb 18, 2004
$6,000,000
Chicago Title Land Trt Co Ttee
America United Bk Tr Co Ttee
Grant Deed
—
Feb 18, 2004
—
Chicago Title Land Trt Co Ttee
—
Deed Of Trust
related
$4,500,000 · Mutual Bank
Jul 9, 2001
$4,000,000
American Untied Bank & Tr Ttee
First Bank & Trust Co Il Ttee
Grant Deed
related
$2,750,000 · Americaunited Bank & Trust Co
Jul 11, 2000
$2,500,000
Rms Properties LLC
Whpx S Real Estate LP
Trustees Deed
—
Jul 11, 2000
—
First Bank & Trust Co Il Ttee
Rms Properties LLC
Trustees Deed
related
$3,000,000 · First Bank & Trust Co Illinois
—
—
Trust 110-6293
—
Deed Of Trust
related
$1,200,000 · Midland States Bk
—
—
Trust 110-6293
—
Deed Of Trust
related
$5,000,000 · Amcore Bank
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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