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Climate-Controlled Warehouse Office Split

10035-10045 Pacific Avenue Franklin Park, IL 60131

10035-10045 Pacific Avenue, Franklin Park, IL, 60131
$1,100,000
For Sale
Under Contract
$1,100,000

COMMERCIAL - Franklin Park, IL

Property Size9,664 SF
Lot Size0.41 Acres
Price / SF$113.82
Days on Market66

Property Features for 10035-10045 Pacific Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
INDUS
Standard status
Active Under Contract
APN
12213120550000
Lot size
0.41 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
47456

Utilities

Cooling system
Central Air

Building Details

Year built
1958
Floors in Building
1
Number of units
2
Building materials
Brick
Listing agency Compass
Listed by Ann Pancotto · License #475121718
Added: May 18 Updated: Jul 9 at 7:17AM Checked: Jul 22 at 9:06PM
MLS# 12651618

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

10035–10045 Pacific Avenue in Franklin Park, IL comprises two warehouse units totaling 9,664 sq. ft., arranged with an office/warehouse split. The space is climate controlled with A/C, insulated roof, and dual-sided warehouse heaters. Power capacity is a key attribute, featuring heavy power rated at 800 amps and 240–480V service, supported by efficiency LED lighting throughout.

Operational features include 12–14' clear height, one 12' drive-in door, and one exterior dock. The property also includes parking for 20+ vehicles and is described as an 11-minute walk to the Metra. Zoning is listed as INDUS, with remarks stating it is versatile I-1 light industrial. The location is positioned minutes from O'Hare International Airport, with immediate access to I-294, I-190, and I-90.

Key Highlights

  • Prime location minutes from O'Hare International Airport with immediate access to I‑294, I‑190, and I‑90.
  • Heavy Power: 800 Amps, 240‑480V, suitable for industrial operations.
  • Climate controlled with A/C and dual‑sided warehouse heaters.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $62.6k $6.48
− Vacancy −$3.2k −$0.33
EGI $59.4k $6.15
− OpEx −$8.9k −$0.92
NOI $50.5k $5.23
9,664 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.90M
$1.67M – $2.22M (±1% cap)
NOI $133,251 @ 7.0% cap · market cap 12.11%
Second Best
Flex RnD
$1.45M
$1.27M – $1.70M (±1% cap)
NOI $101,762 @ 7.0% cap · market cap 9.25%
Theoretical Best
Office A
$3.34M
$2.92M – $3.89M (±1% cap)
NOI $233,558 @ 7.0% cap · market cap 21.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic Hair Salon Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • StorageMart — 3100 mannheim rd, franklin park, il 60131
  • StorageMart — 3100 N Mannheim Rd, Franklin Park, IL 60131
  • Allied Van Lines — 10423 W Franklin Ave Ste 400, Franklin Park, IL 60131
  • All My Sons Moving & Storage — 2740 Mannheim Rd, Franklin Park, IL 60131
  • Metro Self Storage - Franklin Park — 9501 Grand Ave, Franklin Park, IL 60131

FAQs

What type of property is this?
Warehouse - Two warehouse units offer climate control, office/warehouse split, and substantial power capacity with drive-in and exterior dock loading.
Where is this warehouse located?
The property is located at 10035-10045 Pacific Avenue Franklin Park, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location minutes from O'Hare International Airport with immediate access to I‑294, I‑190, and I‑90.; Heavy Power: 800 Amps, 240‑480V, suitable for industrial operations.; Climate controlled with A/C and dual‑sided warehouse heaters.
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