$995,000
( $100.51Per Sq Foot )
$5,341 est/mo Sourced by Back At You3531 Martens Street,Franklin Park, IL 60131
Franklin Park, IL 60131
Description
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.
Details
| MLS # | 12744041 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 22 |
| Listing Provided By | Coldwell Banker Realty | Bruce Heller |
Features
| SQ Feet | 9,900 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.41 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Brick |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Water Available |
|---|---|
| Electric | Circuit Breakers, Service - 201 to 600 Amps |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 51351 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Franklin Park |
| Zip Code | 60131 |
| Area | Franklin Park |
| Listing VS Median (in 60131) | |
Price: $995,000 low | high Med: $414,800 sqft: 9,900 low | high Med: 1,741 $ / sqft: $101 low | high Med: $238 On site: 22 low | high Med: 1 | |
Market Activity 60131
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Franklin Park |
| Zip Code | 60131 |
| Area | Franklin Park |
| Listing VS Median (in 60131) | |
Price: $995,000 low | high Med: $414,800 sqft: 9,900 low | high Med: 1,741 $ / sqft: $101 low | high Med: $238 On site: 22 low | high Med: 1 | |
Listing Updated: September 28, 2026 at 5:56:57 PM PDT