3100 Randolph Street, Bellwood, IL 60104

  • $3,999,900
  • $4,650,000
3100 Randolph Street, Bellwood, IL 60104
  • Commercial Sale
  • Property Type
  • 1959
  • Year Built
For Sale
3100 Randolph Street, Bellwood, IL 60104
  • $3,999,900
  • $4,650,000

Overview

Property ID: 23060650
  • Commercial Sale
  • Property Type
  • 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
  • Country United States

Details

Updated on August 26, 2024 at 12:45 am
  • Property ID: 23060650
  • Price: $3,999,900
  • Land Area: 2.98 Acres
  • Year Built: 1959
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 71498
  • MLS#: MRD11948683
  • Office Name: SPERRY VAN NESS
  • Agent Name: Olivia Czyzynski
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD18283
  • List Agent MLSID: MRD185435
  • List Date: 2023-12-19T19:05:35.000Z
  • Cooling: Office Only
  • Tax Annual: 91037
  • Tax Year: 2022
  • County: Cook
  • Property SubType: Manufacturing / Warehousing

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