INDUSTRIAL BUILDING IN ORLAND PARK

Industrial for Sale
Catylist Listing ID: 30651129
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 10,450 SF
Gross Building Area: See Agent
Gross Land Area: 44,250 SF
Sale Price: $724,900
Unit Price: $69.37 PSF
Ceiling: 18 ft. / 16 ft. Clear
Docks/Doors: 4 Doors
Office SF: 1,475 SF
Drive In Bays: 4 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

STAND ALONE INDUSTRIAL BUILDING ON A ONE ACRE LOT WITH BRICK MASONRY CONSTRUCTION. BUILDING HAS 10,450 SF WITH 3 UNITS WHICH CAN BECOME ONE. SELLER WILL CONSIDER A SALE/LEASEBACK. SELLER OCCUPIES UNIT 10719, TENANT OCCUPIES UNIT 10721 & IS ON A MONTH TO MONTH LEASE AND UNIT 10723 IS CURRENTLY VACANT. PERFECT FOR OWNER OR INVESTOR. BUILDING HAS 4 DRIVE IN DOORS, 4 BATHROOMS INCLUDING ONE WITH A SHOWER. ALL OFFICES HAVE CENTRAL A/C AND HEAT. WAREHOUSES HAVE CEILING HUNG HEATERS. TOTAL OFFICE IN THE BUILDING IS 1,500 SF. PLENTY OF PARKING WITH POTENTIAL FOR OUTDOOR STORAGE. OWNER WILL VACATE FOR AN OWNER USER.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $40,967 (Annual)

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Tax ID/APN: 27204090101001
Zoning: MFG
Property Located Between: 108th AVE. 104th AVE.
Highway Access: MINUTES TO MAJOR HIGHWAYS
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 35
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 200
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: ALLOWS FOR LIGHT INDUSTRIAL USERS INCLUDING MANUFACTURING, WAREHOUSE/DISTRIBUTION, AND OFFICE
Lot Frontage: 150
Lot Depth: 295
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,901 66,235 187,988
Median Age: 44.55 42.29 42.18
Households: 1,625 23,598 68,106

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