485 SO UNION ST
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Location
485 SO UNION ST
Mblu
78/ / 1/ /
Acct#
0078 0000 0001 A
Owner
NEP 18 LLC
Assessment
$9,567,700
PID
2810
Building Count
1
Legal Description
Location
Urban
Street/Road
Paved
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$7,378,900$2,188,800$9,567,700

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerNEP 18 LLC
Co-Owner
Address350 WEST HUBBARD STREET
SUITE 350
CHICAGO, IL 60654
Sale Price$20,000,000
Certificate
Book & Page 17119/0079
Sale Date09/07/2021
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NEP 18 LLC$20,000,000 17119/00791V09/07/2021
BOCHU LLC$0 11046/01361T01/28/2008
BOCHU LLC$4,850,000 10257/01931V06/28/2006
MILLEN INDUSTRIES INC$0  /0000  

Building Information
Building 1 : Section 1
Year Built: 1968
Living Area: 194,033
Replacement Cost: $12,687,802
Building Percent Good: 52
Replacement Cost
Less Depreciation:
$6,597,700
Building Attributes
FieldDescription
Style:Heavy Indust
ModelIndustrial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Hardwood
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseFactory MDL-96
Total Rooms 
Total Bedrms00
Total Baths6
Bldg CondAverage
1st Floor Use:4000
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall45.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 162,658 162,658
FUSUpper Story, Finished 26,487 26,487
OFFOffice 4,888 4,888
CLPLoading Platform, Finished 627 0
UBMBasement, Unfinished 2,444 0
ULPLoading Platform, Unfinished 627 0
   197,731 194,033

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WT216601.00 S.F.$349,2001
OFFOFFICE FINISH4888.00 S.F.$61,0001
ELV1ELEVATOR-AV2.00 UNITS$156,2001
LDL1LOAD LEVELERS21.00 UNITS$36,6001

Parcel Information
Use Code4000
DescriptionFactory MDL-96  
Deeded Acres6.95

Land
Land Use
Use Code4000
DescriptionFactory MDL-96  
ZoneI2
Neighborhood900
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.95
Frontage0
Depth0
Assessed Value$2,188,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  57400.00 S.F.$81,9001
FN3FENCE-6' CHAIN  1250.00 L.F.$12,0001
FN4FENCE-8' CHAIN  170.00 L.F.$1,7001
SGN1SIGN-1 SD W/M  128.00 S.F HT$1,5001
SLO1SILO-WD OR CNC  1.00 UNITS$20,1001
SLO1SILO-WD OR CNC  1.00 UNITS$20,1001
SLO1SILO-WD OR CNC  1.00 UNITS$20,1001
SLO1SILO-WD OR CNC  1.00 UNITS$20,8001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$7,378,900$2,188,800$9,567,700
2025$7,378,900$1,943,600$9,322,500
2024$6,874,500$1,716,500$8,591,000

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