3531 Martens Street Franklin Park, IL 60131
$995,000
Active / MLS# 12744041 / Commercial - Industrial / Franklin Park
0
Beds
9900
SqFt
9,900 SF industrial building for sale in Franklin Park, IL. NNN leased to a publicly traded multinational med-tech and optics company who has been in place since 2003. The lease has been extended to Feb 28, 2029. The asking price is an 8+ CAP rate on current rent and the lease has annual CPI increases that adjust each March. New roof 2022 (with 16 years remaining on the warranty). Recent masonry work and the parking lot is freshly seal coated and striped. The property is a corner location with 33 parking spaces and 1 drive-in-door. This is a solid, stable investment property located just off interchanges to I-90, I-94 and I-294 and 4 miles from O'Hare International Airport. No evening or weekend showings.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Commercial - Industrial
Cooling: Central Air
Lot Size: 0.41 Acres
Stories: 1.0
Taxes: $51,351
Year Built: 1956
Feature Descriptions
Current Use: Commercial, Industrial
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Sprinklers
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat, Forced Air, Gas
Location: Corner, Mixed Use Area
Lot Dimensions: 133.9 x 140.2 x 134.2 x 142
Number of Tenant(s): 1
Parcel#: 12223010330000
Parking: 31-50 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Other, All Utilities
Units: 1
Utilities: Electric to Site, Natural Gas Available, Water Available
Location
See details and scored characteristics about this location.
Listing Office: Coldwell Banker Realty
Listing Office Phone: 312-266-7000
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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