54 CHERRY ST
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Location
54 CHERRY ST
Mblu
30/ / 70/ /
Acct#
30070
Owner
CHERRY STREET STORAGE LLC
Assessment
$3,145,600
PID
6692
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$2,743,400$402,200$3,145,600

Owner of Record
OwnerCHERRY STREET STORAGE LLC
Co-OwnerTHE MACRITCHIE GROUP
AddressP.O. BOX 859

GRAYSLAKE, IL 60030
Sale Price$1,725,000
Certificate
Book & Page LC1773551/0
Sale Date10/25/2017
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CHERRY STREET STORAGE LLC$1,725,000 LC1773551/01B10/25/2017
CHERRY STREET STORAGE LLC$1,725,000 70127/02421B10/25/2017
54 CHERRY STREET LLC$2,260,000 45092/01840004/29/2005
AFFORDABLE INTERIOR SYSTEMS INC$1,480,000 LC1142422/01B06/21/2000
AFFORDABLE INTERIOR SYSTEMS INC$1,480,000 31524/03711B06/21/2000

Building Information
Building 1 : Section 1
Year Built: 1910
Living Area: 75,629
Replacement Cost: $5,124,482
Building Percent Good: 52
Replacement Cost
Less Depreciation:
$2,664,700
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeHW/Steam
AC TypeNone
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 72,229 72,229
FUSUpper Story, Finished 3,400 3,400
CANCanopy 202 0
CLPLoading Platform, Finished 748 0
FOPPorch, Open, Finished 21 0
WDKDeck, Wood 30 0
   76,630 75,629

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET75629.00 S.F.$78,7001

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
ZoneIA
Neighborhood900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.79
Frontage537
Depth0
Assessed Value$402,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SGN1SIGN-1 SD W/M  1.00 S.F.&HGT$01
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$2,743,400$402,200$3,145,600
2025$2,580,600$382,900$2,963,500
2024$2,503,200$355,400$2,858,600
2023$2,348,900$355,400$2,704,300

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