Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10100 Franklin Ave Franklin Park, IL 60131

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Free-standing masonry building with freezer and cooler near O'Hare.

    Property size:
    38,142 SF
    Lot size:
    0.47 Acres

    Property Features for 10100 Franklin Ave

    General Information

    Size
    38,142 SF
    Lot size
    0.47 Acres

    We can help!

    Listing Contact
    Bill Gold
    Bill Gold
    Source: Moodyscre

    Listing Agent: Bill Gold

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

    Learn more

    Property Insight Report

    Overview

    Free-Standing Building Near O'Hare Airport

    This free-standing, masonry building offers a potential owner/user opportunity and the possibility of division for multi-tenant occupancy. A partial sale leaseback is potentially available. The property includes a 1,000 square foot freezer and a 4,884 square foot cooler. The office space features an open plan layout and an executive office area. Extra land is available, offering potential for outside storage or heavy parking. The property is located minutes from Mannheim Road, I-294, and O'Hare International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicagoland Refreshments Vending Machine Supplier Premier Produce Produce Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Rosemont Expo Services Warehouse, Metro Self Storage - Franklin Park

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8785816
    Latitude
    41.9394188

    Nearby Similar for Sale

    • $699,000
      0.11 Acres

      Franklin Park Multifamily Investment Opportunity

      Six-unit multifamily property in Franklin Park, Illinois, with value-add potential.
      3037 Bright St, Franklin Park, IL 60131
      View Details
    • $499,000

      Franklin Park Multifamily Property

      Two-unit building on a double lot with finished basement.
      2830 Edgington St, Franklin Park, IL 60131
      View Details
    • $999,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two 10-unit buildings with recent upgrades and tax advantages.
      10548 Crown Rd, Franklin Park, IL 60131
      View Details
    • $1,100,000
      0.23 Acres

      Franklin Park Multifamily Investment Opportunity

      Two ten-unit apartment buildings with recent upgrades and tax benefits.
      10542 Crown Rd, Franklin Park, IL 60131
      View Details
    • New
      $1,000,000
      0.46 Acres

      Airport Parking and Car Detailing

      Long-term parking facility near O'Hare International Airport.
      3950 N Mannheim Rd, Franklin Park, IL 60131
      View Details
    • $480,000
      0.17 Acres

      Franklin Park Industrial/Manufacturing Space

      Updated industrial/manufacturing property with convenient highway access.
      9125 Belden Ave, Franklin Park, IL 60131
      View Details
    • $1,700,000
      0.69 Acres

      Industrial Building in Franklin Park

      20,000 SF industrial building for sale in Franklin Park, IL.
      2330 17Th St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      38,000 SF

      Franklin Park Industrial Building For Sale

      38,000 SF industrial building with heavy power capacity.
      3845 Carnation St, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      362,600 SF

      362,600 SF Industrial Building

      362,600 SF industrial building with 41 exterior dock doors.
      3501 Mount Prospect Rd, Franklin Park, IL 60131
      View Details
    • Contact for pricing
      66,000 SF

      Industrial Property with Office Space

      Industrial property featuring warehouse, storage, and office space.
      10740 W Grand Ave, Franklin Park, IL 60131
      View Details
    • $360,000
      6,000 SF

      Industrial Property in Franklin Park

      6,000 SF industrial property with established transportation access.
      10136 Pacific Ave, Franklin Park, IL 60131
      View Details
    • $715,000
      1,606 SF

      Turn Key Restaurant For Sale

      Fully built out restaurant with equipment and parking included.
      10000 Grand Ave, Franklin Park, IL 60131
      View Details

    FAQs

    What type of property is this?
    Warehouse - Free-standing masonry building with freezer and cooler near O'Hare.
    Where is this warehouse located?
    The property is located at 10100 Franklin Ave Franklin Park, IL.
    What are key features of this property?
    This property features: - Large 4,884+\/- square foot cooler.; - Includes a 1,000 foot freezer.; - Free-standing masonry building with extra land for potential outside storage/heavy parking.
    (773) 792-3000
    Request Owner's contact information
    10100 Franklin Ave Franklin Park, IL 60131
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10100 Franklin Ave
    Franklin Park, IL 60131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10100 Franklin Ave Franklin Park, IL 60131
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bill Gold
    Bill Gold
    (773) 792-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.