Candy Manufacturing
For Sale
$1,299,000
4933-4935 W Fullerton Ave, Chicago, IL 60639
Operating candy production business and manufacturing facility offered together at a Chicago commercial address.
Property Size5,850 SF
Price / SF$222.05
Days on Market40
Property Features for 4933-4935 W Fullerton Ave
General Information
Standard status
Active
Size
5,850 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
Compass
(630) 816-1363
Listed By:
Michael Giliano · License #475135259
Source:
Bktchicago
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 28 at 1:07PM
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 Compass
Investment Insights
Based on property information with market context.
The offering combines an operating retail and wholesale candy business with its manufacturing facility at 4933-4935 W Fullerton Ave in Chicago. The business produces Mexican candy and serves more than 150 customers locally as well as customers in over 10 other states.
The seller is willing to assist with the transition to help retain existing customers. The family-owned operation is being offered as the owners prepare for retirement, providing a buyer with an established manufacturing and distribution business at the property.
The seller is willing to assist with the transition to help retain existing customers. The family-owned operation is being offered as the owners prepare for retirement, providing a buyer with an established manufacturing and distribution business at the property.
Key Highlights
- Retail and wholesale candy business offered with its manufacturing facility
- Produces Mexican candy for retail and wholesale customers
- Serves over 150 customers locally and in over 10 other states
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
$83,454
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
6.42%
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%
$1,669,080
$1.7M
Cap Rate 7%
$1,192,200
$1.2M
Cap Rate 9%
$927,267
$927.3K
Market Conditions
NOI Build-Up for 5,850 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
$129.9K $22.20/SF
− Vacancy
−$10.6K −$1.82/SF
EGI
$119.2K $20.38/SF
− OpEx
−$35.8K −$6.11/SF
NOI
$83.5K $14.27/SF
Area
ZIP 60639
Vacancy
8.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,669,080
Cap Rate 7%
$1,192,200
Cap Rate 9%
$927,267
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,454 @ 7.0% cap · market cap 6.42%
Second Best
Industrial
$326.8K
$285.9K – $381.2K
NOI $22,874 @ 7.0% cap · market cap 1.76%
Theoretical Best
Office A
$2.59M
$2.26M – $3.02M
NOI $181,060 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Operating candy production business and manufacturing facility offered together at a Chicago commercial address.
Where is this manufacturing property located?
The property is located at 4933-4935 W Fullerton Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Retail and wholesale candy business offered with its manufacturing facility; Produces Mexican candy for retail and wholesale customers; Serves over 150 customers locally and in over 10 other states
