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Property profile & analytics

600 15Th St Rochelle, IL 61068

  • Industrial properties
  • 1,728 SF
  • 1.08 lot acres
Value Estimation
Last Sale
Oct 04, 2023
$700,000
Location Intelligence
Property ID
US28-3004753
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

  • Industrial properties

Property Details for 600 15Th St

Year built
2014
Lot size
1.08 lot acres
Property size
1,728 SF
Property type
Industrial properties
APN
24-23-401-015
APU
2423401015

Description

This exceptional 11,500 square foot facility, situated on a 1.08-acre lot in Rochelle, IL, presents a unique investment opportunity. Formerly a cutting-edge seed research center, the property boasts a versatile layout ideal for a variety of uses. The main building, constructed of brick and meticulously maintained, features a first floor with twelve offices and three labs. The lower level offers additional office space, expansive storage areas, and secure seed vaults equipped with filtration and cooling systems. A city water fire suppression sprinkler system ensures comprehensive fire protection. Recent upgrades include a complete electrical system overhaul and newer furnaces in the office area. The property also includes two substantial greenhouses, each approximately 1600 square feet, complete with automatic shutters, heaters, and water access for year-round operation. A 1600 square foot climate-controlled room is attached to the greenhouses. Further enhancing the property's functionality is a 45ft x 30ft cold storage pole barn. The building is equipped with internet hookups and a security system. This versatile property, with its blend of office, lab, storage, and greenhouse space, offers significant potential for diverse business ventures. Its impeccable condition and recent upgrades make it a truly attractive investment. The location in Rochelle, IL provides easy access to transportation and infrastructure.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $715,000
  • CAP approach

    CAP return
    Estimation
    6%
    $750,000
    6.5%
    $735,000
    7%
    $730,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $785,000
    Geo Method
    $665,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $715,000
    Retail
    $550,000
    Mixed-Use
    $585,000
    Hospitality
    $770,000
    Educational
    $655,000
    Residential Income
    $760,000
    Energy
    $755,000
    Income-Based Land
    $590,000
    Food Service
    $705,000

Location Insight

  • Map
  • Local Demand
City
Rochelle
County
Ogle
State
Illinois
Longitude
-89.079
Latitude
41.9248
CBSA code
40300
CBSA name
ROCHELLE, IL MICROPOLITAN 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
$5,946
$11,761
$55,507
$67,268
-
$35,283
$166,521
$201,804
More about this property
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