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    398 Mannheim Rd Bellwood, IL 60104

    Sponsored
    For Sale
    $975,000

    Freestanding retail building, excellent visibility.

    Property size:
    1,713 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This vacant, freestanding retail building in Bellwood, Illinois, offers 5,139 square feet of space, divisible to 1,713 square feet, and is ideally situated on Mannheim Road, a major retail corridor. Boasting a prominent location with high visibility, the property benefits from a drive-thru, 11 designated parking spaces, and a two-way pylon sign. The 0.19-acre lot is zoned B-1 and enjoys exceptional access to major transportation arteries, including multiple Union Pacific Railroad stations, Gottlieb Memorial Hospital, the Edward Hines Jr. VA Hospital, and Chicago O'Hare International Airport. The property is within a 5-mile radius of a population exceeding 367,000, with a median household income of nearly $80,000. Mannheim Road sees over 41,000 vehicles per day, ensuring high traffic volume and exposure for potential tenants. Built in 2009, this property presents a compelling investment opportunity in a thriving commercial area. The asking price is $975,000.

    Property Features for 398 Mannheim Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,713 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    2009

    HighLights

    • Drive‑Thru Available
    • Freestanding retail building with excellent visibility
    • 5,139 SF available, divisible to 1,713 SF
    • 11 designated parking spaces
    • Mannheim Road location with over 41,000 vehicles per day (VPD)
    • Two‑way pylon sign on Mannheim Road
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.883292378049
    Latitude
    41.884815347316

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding retail building, excellent visibility.
    Where is this individual retail property located?
    The property is located at 398 Mannheim Rd Bellwood, IL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Drive-Thru Available; Freestanding retail building with excellent visibility; 5,139 SF available, divisible to 1,713 SF
    Request Owner's contact information
    398 Mannheim Rd Bellwood, IL 60104
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    Realmo Value Estimation

    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.

    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.

    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
    398 Mannheim Rd Bellwood, IL 60104
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