Licensed Halal Meat Manufacturing
For Sale
$2,100,000
2043 Bloomingdale Rd, Glendale Heights, IL 60139
Operational, fully licensed slaughterhouse offered with two affiliated retail markets and an included house.
Property Size5,104 SF
Price / SF$411.44
Days on Market490
Property Features for 2043 Bloomingdale Rd
General Information
Standard status
Active
Size
5,104 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Three-Phase Power
Yes
Listing Agency:
Exclusive Realtors
(815) 549-7547
Listed By:
Kody Lathus · License #471020427
Source:
Searchillinoishomesforsale
Added: Apr 26, 2025
Changed: Aug 28
Last Checked: Aug 28 at 8:45AM
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 Exclusive Realtors
Investment Insights
Based on property information with market context.
This 5,104-square-foot manufacturing property includes an approved and fully licensed Zabiha Halal slaughterhouse that is currently operational. The facility supplies fresh Zabiha Halal meat to two affiliated retail markets, with one in Crest Hill and the other in Glendale Heights.
The offering encompasses the slaughterhouse, both market locations, and a house included in the sale. The operation currently serves its own retail outlets rather than wholesale customers. The owner is willing to consider separating the portfolio assets, providing flexibility for qualified buyers evaluating the components individually.
The offering encompasses the slaughterhouse, both market locations, and a house included in the sale. The operation currently serves its own retail outlets rather than wholesale customers. The owner is willing to consider separating the portfolio assets, providing flexibility for qualified buyers evaluating the components individually.
Key Highlights
- 5,104‑square‑foot approved Zabiha Halal slaughterhouse
- Fully licensed and operational meat‑processing facility
- Portfolio includes two affiliated retail markets
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,441
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,708,820
$1.7M
Cap Rate 7%
$1,220,586
$1.2M
Cap Rate 9%
$949,344
$949.3K
Market Conditions
NOI Build-Up for 5,104 SF
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.
Gross rent
$122.5K $24.00/SF
− Vacancy
−$8.6K −$1.68/SF
EGI
$113.9K $22.32/SF
− OpEx
−$28.5K −$5.58/SF
NOI
$85.4K $16.74/SF
Area
DuPage County, IL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,708,820
Cap Rate 7%
$1,220,586
Cap Rate 9%
$949,344
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,441 @ 7.0% cap · market cap 4.07%
Second Best
Retail
$1.01M
$885.6K – $1.18M
NOI $70,844 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,352 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
Explore this area
Business Placement
Demographics for 60139, IL
33,196
Population
11,882
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
6,036
Density / Sq Mi
$81,996
Median Household Income
$41,752
Median Earnings
$1,558
Median Rent
$249,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Operational, fully licensed slaughterhouse offered with two affiliated retail markets and an included house.
Where is this manufacturing property located?
The property is located at 2043 Bloomingdale Rd Glendale Heights, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5,104‑square‑foot approved Zabiha Halal slaughterhouse; Fully licensed and operational meat‑processing facility; Portfolio includes two affiliated retail markets
