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    15325 W Baker Rd Manhattan, IL 60442

    For Sale
    $3,650,000

    Large vehicle storage facility with upside potential in Manhattan, Illinois.

    Property size:
    131,920 SF
    Lot size:
    11.00 Acres

    Property Features for 15325 W Baker Rd

    General Information

    Size
    131,920 SF
    Lot size
    11.00 Acres

    Source: RIPCO Real Estate | Tampa Agent Hunter Robey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vehicle Storage Facility For Sale

    This property features 553 indoor and secure vehicle storage units, totaling approximately 131,920 net rentable square feet. The facility is located in the Southwest suburbs, approximately 40 miles from Chicago, Illinois. Its location near Interstate 80 and U.S. Route 52 provides convenient access for tenants. The property includes a two-story residential home at the front, suitable for onsite management. Current live-in staff are willing to stay with new ownership and continue to reside in the home. There is potential to increase value by raising below-market rents and standardizing rental rates. The average household income within a 5-mile radius is $146,073.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Law Firm Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Will
    State
    Illinois
    Longitude
    -87.9863582
    Latitude
    41.4531525

    FAQs

    What type of property is this?
    Self storage facility - Large vehicle storage facility with upside potential in Manhattan, Illinois.
    Where is this self storage facility located?
    The property is located at 15325 W Baker Rd Manhattan, IL.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: - Expansive Indoor Vehicle Storage: 553 secure units totaling ±131,920 NRSF.; - Strategic Location: Southwest suburbs, 40 miles from Chicago, near Interstate 80 & U.S. Route 52.; - Strong Demographics: Average household income $146,073 within a 5-mile radius.
    (813) 767-5240
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    Manhattan, IL 60442
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    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
    15325 W Baker Rd Manhattan, IL 60442
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