10251 Franklin Avenue
Franklin Park, IL 60131

Status: Active
Industrial
0 beds
0 baths
6,500 sq.ft
Listing Price: $599,000
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About this home

Excellent location near O'Hare int'l airport. 3 separate units adjoining in building; 10255, West end unit is approximately 1600 sq ft. and about 17 yrs of 20 year lease remaining. 10251, approximately 2400 sq ft. with new HVAC units & has 5 year lease which is split into 3 units. 10253 approximately 2000 sq ft.. Roof replaced in the last 2 years & has a 5 year lease. All new front windows & doors, brick pavers at front, new soffit, facia & gutters. Ready for investor or owner/user in future. Good location, close to expressways & O'hare. East access from 390 in the near future.

Property details

Property / Lot Details
Approximate Age Older
Acreage 0.07
BuildingAreaTotal 6500
CurrentUse Commercial, Special Use, Zoning Change Required
Lot Dimensions 76 X 136
Fire Protection Fire Extinguisher/s
FrontageType City Street
LotSizeSquareFeet 10336
PropertySubType Distribution Warehouse, Food/Beverage, Garage, Other
Property Type Industrial
NumberOfUnitsTotal 3
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air, Office Only, Partial
Area Major Franklin Park
Zoning Type MANUF
Directions No of Grand Ave on 25th (ROSE), to Franklin, West to 10251 Franklin.
Electricity Circuit Breakers, Service - 201 to 600 Amps
Geographic Locale O'Hare
Location Corner, Industrial Area/Campus
Approx Office Sq Ft 300
Township Leyden
Unincorporated No
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 1944
ConstructionMaterials Brick ,Stone
Docks Exterior
Water Drainage Floor Drains
Extra Storage Spaces Available No
Exterior Building Type Brick,Other
Foundation Concrete Perimeter
Indoor Parking 1-5 Spaces
Outdoor Parking 6-12 Spaces
Roof Type Fiberglass, Other
Roof Structure Flat, Pitched, Other
MRD Virtual Tour None
Interior Features
Ceiling Hgt Min Ft 9
Ceiling Hgt Max Ft 10
Clear Span Yes
Number Of Drive In Doors 3
Flooring Concrete
Heat/Ventilation Forced Air, Gas, Individual Furnaces
Misc Inside Elevator/s Passenger, Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Overhead Door/s, Private Restroom/s, Public Restroom/s
Stories 1
Utilities Electric to Site

Financials

Expense Year 2024
Total Annual Expense Source Owner Projection
Gross Rental Income $6,676
Investment Yes
ExistingLeaseType Net
Net Rentable Area 6200
Operating Expense Includes Accounting, Insurance, Legal, Maintenance, Manager
Total Monthly Income 6676
Investment Profile Commercial Sale

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 12213160110000
Taxes $16,161
Tax Year 2023
$599,000 Listing Price:
MLS # 12100505
Investment Profile Commercial Sale
Listing Market Time 154 days
Basement
List Date 07/05/2024
Year Built 1944
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