1325 15th St Chicago, IL 60608-2107
Property profile & analytics
1325 15th St Chicago, IL 60608-2107
- Industrial properties
- 50,300 SF
- 1.12 lot acres
Property ID
US28-1888498
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.
Location Intelligence
Current Use by Public Records
- Pepe's Inc / Corporate Office
Property Details for 1325 15th St
- Year built
- 1951
- Lot size
- 1.12 lot acres
- Property size
- 50,300 SF
- Property type
- Industrial properties
- APN
- 17-20-128-020
- APU
- 1720128020
Description
This exceptional 53,179-square-foot food production facility in Chicago, Illinois, presents a unique owner-user opportunity. Located at 1325 W 15th St, in Cook County, zip code 60608, this Class B, single-tenant property boasts a strategic location just south of Little Italy, the Illinois Medical District, and the University of Illinois Chicago. Built in 1952 and renovated in 1982, the two-story building sits on a 49,000-square-foot lot and features 8 internal loading docks (including 6 levelators), a 16-foot ceiling height, and ample parking for 20 cars. The property is zoned M2-2 and offers convenient access to major highways, including I-290, I-90, and I-55, making it ideal for logistics and distribution. The asking price is $6,500,000 ($122.23 per square foot). The facility is USDA and SQF certified, and includes refrigerated production areas. This turnkey operation is perfect for a food production or distribution business seeking a well-established, strategically located facility. The property's APN is 17-20-128-020-0000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,255,000
- 6.5%
- $4,855,000
- 7%
- $4,505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,525,000
Market price range: $1.72M - $8.70M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,995,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $8,625,000 Change: +116% Conversion: Difficult
- OFFICE BUILDING
- $6,775,000 Change: +70% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,025,000 Change: +51% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6597
- Latitude
- 41.8613
- 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
$74,083
$76,562
$282,396
$358,958
-
$306,248
$1,129,584
$1,435,832
