2000 Mannheim Rd Melrose Park, IL 60160
- Industrial properties
- 1.61 lot acres
Current Use by Public Records
- Alois Box Co / Manufacturer
- Liberty Packaging / Packaging Supply Store
Property Details for 2000 Mannheim Rd
- Year built
- 1997
- Lot size
- 1.61 lot acres
- Property type
- Industrial properties
- APN
- 12-32-401-044
- APU
- 1232401044
Description
This exceptional 65,000-square-foot industrial building presents a compelling investment opportunity in Melrose Park, Illinois. Situated on a 4.95-acre lot, this single-story structure boasts a 14-foot ceiling height, making it ideal for various distribution and manufacturing uses. The property features nine loading docks and two drive-in doors, ensuring efficient material handling. Approximately 3,000 square feet of office space is included, providing ample administrative area. The building is located within an established industrial park, offering convenient access to major interstates, O'Hare International Airport, and rail lines, providing unparalleled logistical advantages. The property is currently leased to a strong credit tenant, offering immediate cash flow and potential for future rental rate increases. The property's zoning is industrial, allowing for flexibility and potential redevelopment opportunities. The asking price is $5,500,000, translating to $84.62 per square foot. The property's APN numbers are 12-32-401-019; 12-32-401-067; 12-32-401-043; 12-32-401-044; and 12-32-403-011. This is a NNN lease with a single tenant. This prime location and strong tenant profile make this an attractive investment with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8848
- Latitude
- 41.9108
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
