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Cathy Kelley
Direct Office:
630-337-5697
[email protected]
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Cathy Kelley
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Direct Office:
630-337-5697
TheKELLEYGroup@
HappyLivingRE.com
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FOR SALE
$4,290,000

3100 Randolph Street
Bellwood, IL 60104

Industrial, Business Opportunities
Commercial
71,498
Sq. Ft.
2.98
Acre Lot
Courtesy: Sperry Van Ness
Home> Illinois> Bellwood> 60104
3100 Randolph is a professionally maintained 71,498 SF industrial building. It was originally designed as a single-tenant building but currently houses eight tenants subdivided by cages. The building is positioned as an owner/user purchase opportunity, but a buyer may keep some or all of the tenants if preferred and because there are no demising walls for the tenants, can easily be restored back to a single tenant building. All tenants are either on a month-to-month lease basis or can be canceled with a 90-day written notice. The real estate taxes have been protested and successfully reduced. The property is priced on a per-square-foot basis; however, if a buyer is interested in reviewing the rent roll and expenses, the information can be provided. Following is a summary of the income: Gross Income: $427,800 Operating Expenses 2022: $186,996 (does not include CapEx, Vacancy Factor or Management Fee) Real Estate Taxes: $91,037 NOI: $149,767 Additional details: 71,498 SF Industrial Building 5 loading docks - 3 exterior and 2 interior Heavy Power Varied Ceiling Heights up to 18' Room for Semi-Truck Turnaround 2.98 Acre Lot Additional Street Parking 1 Mile from Full Interchange for I-290 20 Minute Drive to O'Hare International Airport 14 Miles from Chicago Located in Cook County
11948683
Commercial - Industrial, Business Opportunities, 1 Story
1959
Cook
2.98 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: Sperry Van Ness
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/27/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 4/27/2024 1:05 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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