Manufacturing
2330 17th St, Franklin Park, IL 60131
For Sale
Contact for pricing
The Franklin Park facility is located near O’Hare International Airport.
Property Size20,000 SF
Price / SF$85
Days on Market38
Property Features for 2330 17th St
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Troy Companies Real Estate LTD
Listed By:
Andrew Olszowka · License IL #475160900
(773) 447-4767
Source:
Crexi
Added: Oct 8
Changed: Nov 9
Last Checked: Nov 12 at 8:24AM
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 Troy Companies Real Estate LTD
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 20,000-square-foot building in Franklin Park is identified for manufacturing operations. Its industrial setting and proximity to O’Hare International Airport place it near a major air transportation hub.
The property also has access to major transportation routes, including interstate highways.
The property also has access to major transportation routes, including interstate highways.
Key Highlights
- 20,000 SF building
- Franklin Park location near O’Hare International Airport
- Access to major transportation routes, including interstate highways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,093
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,721,860
$1.7M
Cap Rate 7%
$1,229,900
$1.2M
Cap Rate 9%
$956,589
$956.6K
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$129.6K $6.48/SF
− Vacancy
−$6.6K −$0.33/SF
EGI
$123.0K $6.15/SF
− OpEx
−$36.9K −$1.84/SF
NOI
$86.1K $4.30/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,721,860
Cap Rate 7%
$1,229,900
Cap Rate 9%
$956,589
Alternative Uses
Best Use
Industrial
$1.23M
$1.08M – $1.43M
NOI $86,093 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.68M
$6.72M – $8.96M
NOI $537,600 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
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
$261,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Cook County, IL
Properties on Market for Manufacturing properties in Cook County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - The Franklin Park facility is located near O’Hare International Airport.
Where is this manufacturing property located?
The property is located at 2330 17th St Franklin Park, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 20,000 SF building; Franklin Park location near O’Hare International Airport; Access to major transportation routes, including interstate highways
