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    FOR SALE
    Industrial properties

    7459 Franklin St, Forest Park, IL 60130

    1.42 ac lot Built 1969
    Individually Owned 22-yr Hold Free & Clear
    Property ID
    US28-0590455
    Property summary
    AI-generated overview

    This exceptional Forest Park, Illinois industrial property, located at 7459 Franklin Street, offers a unique investment opportunity. The property encompasses 14,300 square feet of space distributed across four individual suites, with a minimum divisible space of 300 square feet. Built in 1974, the property sits on a generous 2.55 acres of land in the Southwest Cook submarket. Its strategic location provides convenient access to Interstate 290, just 1.2 miles away. A significant advantage is the property's adjacency to an active rail line, enabling efficient loading and unloading capabilities. Furthermore, the property is permitted for outside storage, expanding its versatility and potential uses. The property's Cook County location (APN 15-12-400-019) and multiple tenancy options make it an attractive proposition for a variety of businesses. The flexible space caters to diverse needs, from smaller operations requiring 300 square feet to larger enterprises needing up to 10,000 square feet. This well-situated industrial property presents a compelling opportunity for businesses seeking a functional and strategically located space in the thriving Southwest Cook County market. The property's combination of size, location, and rail access makes it a highly desirable asset.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1969
    Lot 1.42 ac (61,855 SF)
    APN 15-12-400-019
    UPID US28-0590455
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Forest Park Natl Bk · 22 yrs held
    Forest Park Natl Bk
    since 2004
    1 recorded transaction
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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