515 Factory Rd Addison, IL 60101-4410
Property profile & analytics
515 Factory Rd Addison, IL 60101-4410
- Industrial properties
- 24,000 SF
- 0.91 lot acres
Property ID
US28-5917400
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
- Wynndalco Enterprises, LLC. / Tech Support Center / IT Consulting Firm
Property Details for 515 Factory Rd
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.91 lot acres
- Property size
- 24,000 SF
- Zone code
- I
- Property type
- Industrial properties
- APN
- 03-32-209-007
- APU
- 332209007
Description
This ±24,243-square-foot industrial warehouse, situated on approximately 1.23 acres of land at 515 Factory Road in Addison, IL, presents a compelling leasing opportunity. Built in 1965, the single-story building boasts a functional layout with a ceiling height ranging from 11 to 14 feet. The property includes one loading dock, one dock-high door, and two drive-in doors, providing efficient loading and unloading capabilities. Ample parking is available with approximately 20 spaces. The warehouse features 800A 240V power and a sprinkler system. The property also benefits from floor drains and a recently updated parking lot. Its strategic location offers easy access to major transportation arteries, including North Avenue, I-355, and I-290. Low DuPage County property taxes further enhance the value proposition. The building's construction is masonry, and the total office space within the warehouse is approximately 2,150 square feet. This property is perfect for a business seeking a well-maintained, conveniently located warehouse space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,510,000
- ML approach
- $1,505,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,720,000
- 6.5%
- $1,590,000
- 7%
- $1,475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,842,000
Market price range: $1.84M - $2.69M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,170,000 Current use
- WAREHOUSE, STORAGE
- $2,500,000 Change: +15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Addison
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0016
- Latitude
- 41.9132
- 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
$33,137
$121,090
$329,060
$450,150
-
$363,270
$987,180
$1,350,450
