Property profile

398 Mannheim Rd Bellwood, IL 60104

OFF-MARKET
Retail properties & Spaces
1,713 SF 0.19 ac lot Built 2009
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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

Location

398 Mannheim Rd Bellwood, IL 60104
Bellwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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