Industrial
Warehouse

Approximately 87,080 SF Industrial Building

9900 Franklin Avenue,  Franklin Park, IL 60131

For Sale

$2,014,000

About 9900 Franklin Avenue

Minimum Bid: $2,014,000 Buyer’s Premium: 6% Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added) Building Size: Approx. 87,080 SF Lot Size: Approx. 2.7 Acres Ceiling Height: 12′ – 24′ Drive-In Doors: 8 Docks: 4 – 3 Interior, 1 Exterior Zoning: C-M; Commercial Manufacturing Sprinklers: Wet 2019 RE Taxes: $157,986.87 PIN #: 12-21-417-042-0000 (Building) 2019 RE Taxes: $5,837.51 PIN #: 12-21-312-065-0000 (Parking Lot Across the Street) TOTAL 2019 RE Taxes: $163,824.38 NOI: $228,201.12 Cap Rate: 11.33%
Multi-Tenant
B
Existing
1955
2
Great Franklin Park landsite
2 new highway entrances
New industrial spec products in market
Tenants in place
Heavy power
Room for rental growth
Public transportation on Franklin Avenue
Easy to backfill spaces due to smaller size units and lower rents
Projected Full Occupancy Net Income $348,568.18
Net Income Over $228,201.12
11.33% Current Cap Rate with 17.30% Projected Cap Rate
Additional parking across Scott Street
Attachments & Links
Property Details

Diana Peterson

President and CEO

AW Properties Global

707 Skokie Blvd., Suite 600
Northbrook, Illinois 60062