Industrial Distribution Facility with
11040 King Street Franklin Park, IL 60131
11040 King Street, Franklin Park, IL, 60131
$5,000,000
For Sale
$5,000,000
Industrial facility zoned I-2 featuring 8 interior docks, 16' clear heights, and 3,000 amps of power.
Property Size101,800 SF
Lot Size3.54 Acres
Price / SF$49.12
Days on Market50
Property Features for 11040 King Street
General Information
- Standard status
- Active
- Size
- 101,800 SF
- Lot size
- 3.54 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1966
Listing agency
NAI Hiffman
(630) 691-0604
Listed by
Dan Leahy · License #475124402
Source
Naiglobal
Added: Jun 2 Updated: Jul 21 at 4:06PM Checked: Jul 21 at 4:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman
Investment Insights
Based on property information with market context.
11040 King Street is a functional industrial facility totaling 101,800 square feet, supported by approximately 6,000 square feet of office space. The warehouse offers 16’ clear ceiling heights and is served by eight interior docks, with 3,000 amps at 480 volts electrical service.
The property has frontage along I-294 and is positioned for access to multiple major transportation corridors, including I-294, I-90, I-290, I-355, IL-390, IL-19 (Irving Park Road), IL-83 (Kingery Highway / Busse Road), and IL-64 (North Avenue). The offering is zoned I-2 and is intended to support a range of industrial uses such as warehousing, distribution, and light or heavy manufacturing.
This site presents a practical warehouse configuration for users seeking meaningful dock capacity and solid power service within the West Cook County industrial submarket.
The property has frontage along I-294 and is positioned for access to multiple major transportation corridors, including I-294, I-90, I-290, I-355, IL-390, IL-19 (Irving Park Road), IL-83 (Kingery Highway / Busse Road), and IL-64 (North Avenue). The offering is zoned I-2 and is intended to support a range of industrial uses such as warehousing, distribution, and light or heavy manufacturing.
This site presents a practical warehouse configuration for users seeking meaningful dock capacity and solid power service within the West Cook County industrial submarket.
Key Highlights
- 101,800 SF industrial facility built in 1966 with zoning I‑2 for a range of industrial uses
- 8 interior loading docks and 16' clear ceiling height
- 3,000 amps @ 480 volts electrical service
Local Financial Insights For Industrial
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 | $659.7k | $6.48 |
| − Vacancy | −$33.6k | −$0.33 |
| EGI | $626.0k | $6.15 |
| − OpEx | −$187.8k | −$1.84 |
| NOI | $438.2k | $4.30 |
101,800 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$7.60M
$6.65M – $8.87M
NOI $532,118 @ 7.0% cap · market cap 10.64%
Second Best
Industrial
$6.26M
$5.48M – $7.30M
NOI $438,215 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$35.15M
$30.75M – $41.00M
NOI $2,460,283 @ 7.0% cap · market cap 49.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Industrial facility zoned I-2 featuring 8 interior docks, 16' clear heights, and 3,000 amps of power.
Where is this manufacturing property located?
The property is located at 11040 King Street Franklin Park, IL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 101,800 SF industrial facility built in 1966 with zoning I‑2 for a range of industrial uses; 8 interior loading docks and 16' clear ceiling height; 3,000 amps @ 480 volts electrical service
