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    OFF-MARKET
    Retail properties & Spaces

    398 Mannheim Rd, Bellwood, IL 60104

    1,713 SF 0.19 ac lot Built 2009
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Year built 2009
    Total area 1,713 SF
    Lot 0.19 ac (8,276 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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