Property profile

1516 Orleans St C1 Chicago, IL 60610

OFF-MARKET
Commercial real estate
Property ID
US28-1598662
82,500 SF 0.18 ac lot Built 1925
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1925
Total area 82,500 SF
Lot 0.18 ac (7,650 SF)
APN 17-04-200-011
UPID US28-1598662

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

1516 Orleans St, Unit C1 Chicago, IL 60610-1221
Chicago metro Census 80300 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.55M
CAP Approach CAP
$21.42M
Comparable Approach Comparable
$11.63M
Blend (final) Blend
$16.66M

Owner & transaction history

since 2022
Last sale
$17.6M
5 recorded transactions
2022
Price N/A
2022
$17.6M
2019
Price N/A
2017
$6.1M
1998
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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