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Mixed-Use Income Building
For Sale
$489,900

Abc-9714 Franklin Ave, Franklin Park, IL 60131

Multi-unit property includes an apartment, office space, and retail stores with a 2-car garage and additional parking.

Property SizeContact for details
Days on Market657

Property Features for Abc-9714 Franklin Ave

General Information

Standard status Active

Units

Multifamily Units 1
Office Units 2

Additional Details

Clear Height 12 ft

Taxes and HOA fees

Annual Taxes $4,170
Listing Agency: Northlake Realtors
Listed By: Jose Herrera · License #475102635
Source: Exprealty
Added: Nov 19, 2024 Changed: Aug 31 Last Checked: Sep 6 at 3:58PM

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 Northlake Realtors

Investment Insights

Based on property information with market context.

This mixed-use income building includes one apartment, one 300-square-foot office, and two estimated 1,200-square-foot stores, plus a lower 500-square-foot office. The property also features a large unfinished basement with high ceilings and 12-foot ceilings. A 2-car garage is attached, along with extra parking in the back.

According to the public remarks, there is plenty of public parking, and a train stop is located behind the building.

The current configuration supports multiple separate rental income opportunities, and the unfinished basement provides additional space for future buildout or storage depending on an owner’s plans.

Key Highlights

  • Multi‑unit property with 1 apartment, multiple office spaces, and 2 estimated 1,200 SF stores
  • Includes a 300 SF office plus an additional lower 500 SF office
  • 2‑car garage (attached, oversize) with extra parking in the back

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
2
Office units
1
Residential units

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

Demographics for 60131, IL

18,205
Population
6,120
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
3,371
Density / Sq Mi
$76,404
Median Household Income
$39,117
Median Earnings
$1,092
Median Rent
$261,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-unit property includes an apartment, office space, and retail stores with a 2-car garage and additional parking.
Where is this retail space located?
The property is located at Abc-9714 Franklin Ave Franklin Park, IL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Multi‑unit property with 1 apartment, multiple office spaces, and 2 estimated 1,200 SF stores; Includes a 300 SF office plus an additional lower 500 SF office; 2‑car garage (attached, oversize) with extra parking in the back
More about this property
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