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INVESTMENT HIGHLIGHTS
- Strong O'Hare submarket
- Proximity to interstates, airport and rail
- Releasing upside
- Industrial park setting
- Strong credit tenant
- Redevelopment opportunity
EXECUTIVE SUMMARY
Property is a 65,000± SF industrial building with 3,000± SF office space, nine exterior docks, and two drive in doors. Property is located in an industrial park in Melrose Park, with convenient access to interstates, O'Hare International Airport, and rail lines.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$272,567
|
$4.19
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$272,567
|
$4.19
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $272,567 |
| Annual Per SF | $4.19 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $272,567 |
| Annual Per SF | $4.19 |
PROPERTY FACTS
| Price | $5,500,000 | Rentable Building Area | 65,000 SF |
| Price Per SF | $84.62 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | B | Cross Streets | James Pl |
| Lot Size | 4.95 AC | ||
| Zoning | I-1 - Industrial | ||
| Price | $5,500,000 |
| Price Per SF | $84.62 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.95 AC |
| Rentable Building Area | 65,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | James Pl |
| Zoning | I-1 - Industrial |
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $628,725 (2024) | |
| Land Assessment | $187,523 (2024) | Annual Taxes | $272,567 ($4.19/SF) |
| Improvements Assessment | $441,202 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$187,523 (2024)
Improvements Assessment
$441,202 (2024)
Total Assessment
$628,725 (2024)
Annual Taxes
$272,567 ($4.19/SF)
Tax Year
2023
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2000 N Mannheim Rd
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