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3100 Randolph Street, Bellwood, IL 60104
3100 Randolph Street, Bellwood, IL 60104
  • $3,999,900
  • $4,650,000

Overview

Property ID: 11948683
  • Commercial Sale
  • Property Type
  • 71498
  • 1959
  • Year Built

Description

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

  • Address 3100 Randolph Street
  • City Bellwood
  • State/county IL
  • Zip/Postal Code 60104
  • Area Bellwood

Details

Updated on August 17, 2024 at 8:27 am
  • Property ID: 11948683
  • Price: $3,999,900
  • Property Size: 71498
  • Land Area: 2.98 Acres
  • Garage Size: x x
  • Year Built: 1959
  • Property Type: Commercial Sale
  • Property Status: Active

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