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    3800 Mannheim Rd Franklin Park, IL 60131

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    For Sale
    $7,995,000

    Land with high traffic exposure, build-to-suit or redevelopment opportunity.

    Property size:
    22,872 SF
    Lot size:
    5.46 Acres

    Property Features for 3800 Mannheim Rd

    General Information

    Size
    22,872 SF
    Lot size
    5.46 Acres

    Source: CBRE | Chicago Agent Calum Payne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in O’Hare Market

    This commercial land offers excellent exposure with a traffic count of 40,879 cars per day on Mannheim Road. The site benefits from signage visibility at the stoplight at the Waveland Avenue intersection. This property presents a rare opportunity for build-to-suit or redevelopment in the O’Hare market. Flexible ownership options are available, including land lease, partial site development, and build-to-suit for lease. The property has a size of 22,872 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8865982
    Latitude
    41.9470498

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    FAQs

    What type of property is this?
    Commercial land - Land with high traffic exposure, build-to-suit or redevelopment opportunity.
    Where is this commercial land located?
    The property is located at 3800 Mannheim Rd Franklin Park, IL.
    What is the asking price?
    The asking price for this property is $7,995,000.
    What are key features of this property?
    This property features: - Excellent exposure with 40,879 cars per day on Mannheim Road; - Signage visibility at stoplight at Waveland Ave intersection; - Rare opportunity for build-to-suit or redevelopment in O’Hare market
    (847) 706-4995
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    3800 Mannheim Rd Franklin Park, IL 60131
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    Franklin Park, IL 60131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3800 Mannheim Rd Franklin Park, IL 60131
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