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    Property profile & analytics

    1951 Lk St Addison, IL 60101-6109

    • Warehouses
    • 104,520 SF
    • 4.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 17, 2023
    Location Intelligence
    Property ID
    US28-4793959
    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

    • Metro Self Storage - Addison / Moving Supply Store / Packaging Supply Store

    Property Details for 1951 Lk St

    Year built
    2018
    Construction
    MIXED
    Lot size
    4.34 lot acres
    Property size
    104,520 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    02-13-414-070
    APU
    213414070

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0378
    Latitude
    41.9515
    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
    2023
    $217,393
    $519,830
    $1,677,370
    $2,197,200
    -
    $1,559,490
    $5,032,110
    $6,591,600

    Comparable in this City

    • Value Estimation by Request
      76,820 SF

      21st Lk St

      MINI-WAREHOUSE, STORAGE • 76,820 SF
      21st Lk St, Addison, IL 60101-1011
      View Details
    • Value Estimation
      $725,000
      23,267 SF

      21st Lk St

      MINI-WAREHOUSE, STORAGE • 23,267 SF
      21st Lk St, Addison, IL 60101-1042
      View Details
    • Value Estimation by Request
      0.61 Acres

      Lombard Rd

      INDUSTRIAL (GENERAL) • 0.61 Acres
      Lombard Rd, Addison, IL 60101
      View Details
    • Value Estimation by Request
      0.78 Acres

      426 Westgate St

      INDUSTRIAL (GENERAL) • 0.78 Acres
      426 Westgate St, Addison, IL 60101-4529
      View Details
    • Value Estimation by Request
      0.13 Acres

      1051 Westwood Ave

      INDUSTRIAL (GENERAL) • 0.13 Acres
      1051 Westwood Ave, Addison, IL 60101-4918
      View Details
    • Value Estimation by Request
      0.42 Acres

      Belden Ave

      INDUSTRIAL (GENERAL) • 0.42 Acres
      Belden Ave, Addison, IL 60101
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      37,098 SF industrial building with heavy parking and generator.
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    • Contact for pricing
      36,600 SF

      Addison Warehouse with Fenced Storage

      36,600 SF warehouse with fenced outside storage for sale.
      905 S Westwood Ave, Addison, IL 60101
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    • $874,900

      Addison Retail Investment Opportunity

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    Similar Nearby for Lease

    • $4,100 /Mo
      13,360 SF

      Industrial Unit For Rent

      Industrial unit perfect for contractors or overflow storage.
      1786 W Armitage Ct, Addison, IL 60101
      View Details
    • Contact for pricing
      10,880 SF

      Addison Warehouse Space Available

      Institutionally owned warehouse space with high parking ratio.
      2100 W Corporate Dr, Addison, IL 60101
      View Details
    • $13 SF/Yr
      53,200 SF

      Industrial Unit Near I-355

      Smaller industrial unit with drive-in door, near I-355.
      Addison, IL 60101
      View Details
    • $12 SF/Yr
      13,260 SF

      Addison Warehouse Space Available

      Industrial warehouse space for rent, convenient transportation access.
      235 W Laura Dr, Addison, IL 60101
      View Details
    • Contact for pricing
      156,803 SF

      Addison Warehouse Space Available

      156,803 square foot warehouse space for rent in Addison, Illinois.
      313 S Rohlwing Rd, Addison, IL 60101
      View Details
    • $13 SF/Yr
      24,038 SF

      Addison Industrial Space Available

      Rare Addison manufacturing/warehouse units.
      703 Annoreno Dr, Addison, IL 60101
      View Details
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    Addison, IL 60101-6109
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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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