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    Property profile & analytics

    1515 Webster Ave Chicago, IL 60614-3031

    • Office buildings
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 15, 2020
    Location Intelligence
    Property ID
    US28-2933374
    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

    • C.H. Robinson / Transportation Service / Logistics Service

    Property Details for 1515 Webster Ave

    Property type
    Office buildings
    APN
    14-32-120-008
    APU
    1432120008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6665
    Latitude
    41.9209
    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
    $3,902,767
    $2,133,760
    $16,840,973
    $18,974,733
    -
    $8,535,040
    $67,363,892
    $75,898,932

    Comparable in this City

    • Value Estimation by Request

      2316 Lincoln Ave

      OFFICE BUILDING (MULTI-STORY)
      2316 Lincoln Ave, Chicago, IL 60614-3320
      View Details
    • Value Estimation by Request
      43,100 SF

      1820 Webster Ave

      OFFICE BUILDING (MULTI-STORY) • 43,100 SF
      1820 Webster Ave, Chicago, IL 60614-2934
      View Details
    • Value Estimation
      $2,095,000
      98,300 SF

      2211 Elston Ave

      OFFICE BUILDING (MULTI-STORY) • 98,300 SF
      2211 Elston Ave, Chicago, IL 60614-2918
      View Details
    • Value Estimation by Request
      80,900 SF

      1901 Clybourn Ave, Unit 25

      OFFICE BUILDING (MULTI-STORY) • 80,900 SF
      1901 Clybourn Ave, Chicago, IL 60614-5090
      View Details
    • Value Estimation by Request
      80,900 SF

      1923 Clybourn Ave

      OFFICE BUILDING (MULTI-STORY) • 80,900 SF
      1923 Clybourn Ave, Chicago, IL 60614
      View Details
    • Value Estimation by Request
      8,200 SF

      2015 Mendell St

      OFFICE BUILDING (MULTI-STORY) • 8,200 SF
      2015 Mendell St, Chicago, IL 60614-3033
      View Details

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    Similar Nearby for Lease

    • $20 SF/Yr
      6,640 SF

      Elston Ave Retail/Office Space

      Chicago Creative Office Suites Available
      2040 Elston Ave, Chicago, IL 60614
      View Details
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      38,640 SF

      Lincoln Park Executive Office Space

      Prime Chicago location, 5,000 SF available
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      Chicago Office Suites For Rent

      Small office suites available in a wonderful Chicago location.
      639 W Diversey Pkwy, Chicago, IL 60614
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    • $35 SF/Yr
      2,268 SF

      Chicago Office Space For Rent

      Office space available in a prime Chicago location.
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    • $45 SF/Yr

      Prime Retail/Office Space on Clark

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      Private offices for sublease in Lincoln Park with shared amenities.
      2000 N Racine Ave, Chicago, IL 60614
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    1515 Webster Ave
    Chicago, IL 60614-3031
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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
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