Standalone Flex Space with Loading
9105 Belden Avenue, Franklin Park, IL 60131
For Sale
$399,900
INDUS-zoned property pairs office areas with warehouse or workshop space and includes drive-in access.
Property Size4,569 SF
Lot Size0.17 Acres
Price / SF$87.52
Days on Market54
Property Features for 9105 Belden Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Conditioned Warehouse
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Construction
Listing Agency:
KOMAR
Listed By:
Anna Bagaylyuk
(847) 737-5037
Source:
Ifindpropertiesllc
Added: Sep 17
Changed: Nov 7
Last Checked: Nov 8 at 3:43PM
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 KOMAR
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Investment Insights
Based on property information with market context.
This standalone flex property contains 4,569 square feet on a 7,500-square-foot lot. Its block construction includes office areas alongside open warehouse or workshop space. The warehouse has 12-foot ceilings, a drive-in bay with 9.4 feet of clearance, and a front loading dock with 12 feet of clearance. Additional climate control serves the warehouse; the office space has newer flooring, and the air conditioning was replaced 3–5 years ago.
Located in Franklin Park, the property is described as within 10 minutes of O’Hare International Airport and near I-294, I-90, I-390, and local freight corridors. The zoning is INDUS. The property was built in 1970 or 1972, so the construction year is not stated here due to conflicting source details. The sale is offered on an AS-IS basis.
Located in Franklin Park, the property is described as within 10 minutes of O’Hare International Airport and near I-294, I-90, I-390, and local freight corridors. The zoning is INDUS. The property was built in 1970 or 1972, so the construction year is not stated here due to conflicting source details. The sale is offered on an AS-IS basis.
Key Highlights
- 4,569‑square‑foot flex property on a 7,500‑square‑foot lot
- 12‑foot warehouse ceilings; drive‑in bay has 9.4 feet of clearance
- Front loading dock with 12 ft clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,883
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,660
$477.7K
Cap Rate 7%
$341,186
$341.2K
Cap Rate 9%
$265,367
$265.4K
Market Conditions
NOI Build-Up for 4,569 SF
Gross rent
$29.6K $6.48/SF
− Vacancy
−$1.5K −$0.33/SF
EGI
$28.1K $6.15/SF
− OpEx
−$4.2K −$0.92/SF
NOI
$23.9K $5.23/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,660
Cap Rate 7%
$341,186
Cap Rate 9%
$265,367
Alternative Uses
Best Use
Flex RnD
$687.3K
$601.4K – $801.9K
NOI $48,112 @ 7.0% cap · market cap 12.03%
Second Best
Warehouse
$341.2K
$298.5K – $398.1K
NOI $23,883 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.75M
$1.54M – $2.05M
NOI $122,815 @ 7.0% cap · market cap 30.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
12 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Under-served
Demand for This Use
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
$261,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Cook County, IL
Properties on Market for Flex space in Cook County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- TriCafe — 2000 5th Ave B Building in Triton College, River Grove, IL 60171
Frequently Asked Questions
What type of property is this?
Flex space - INDUS-zoned property pairs office areas with warehouse or workshop space and includes drive-in access.
Where is this flex space located?
The property is located at 9105 Belden Avenue Franklin Park, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 4,569‑square‑foot flex property on a 7,500‑square‑foot lot; 12‑foot warehouse ceilings; drive‑in bay has 9.4 feet of clearance; Front loading dock with 12 ft clearance
