9380 Chestnut Ave

Industrial for Sale
Catylist Listing ID: 30138381
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 7,500 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $33.33 PSF
Property Use Type: Investment
Building Name: Former Auto Body Shop, Warehouse & Office Building in Franklin P
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/29/2017

Overview / Comments

Minimum Bid: $250,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. 6,558 SF

Building Size: Approx. 7,500 SF

2016 Taxes: $34,652.81

PIN #: 12-27-117-021-0000

Zoning: I2; General Industrial

This building is equipped to handle both mechanical and collision repairs of automobiles and trucks which includes 5 service bay doors at 12' in height. Approx. 2,500 sf of office space split between 2 levels.

Equipment included: Lanair 200,000 BTU waste oil furnace with approximately 200 gal of oil; Sayor Beale 10 HP air compressor; Forward Truck lift with axle jacks on each end; Hunter drive-on alignment rack with axle jacks on each end; Older Hunter alignment machine with all equipment to measure for alignments plus extra parts for the machine; Challenger frame contact car/light truck lift; Unknown brand older car frame contact lift; Coats tire changing machine; Coats wheel balancer; Spay-Tech cross-draft 38 foot spray booth.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Property Located Between: Located at the corner of Martins Road and Chestnut Avenue in Franklin Park.
Area Description: Located at the corner of Martins Road and Chestnut Avenue in Franklin Park.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,008 193,563 626,364
Median Age: 36.57 37.71 37.85
Households: 6,196 68,967 226,810


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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