3100 Randolph ST, Bellwood, IL 60104 – 11948683

See all 6 photos

$3,999,900

Est. payment - /mo

Save

71,498 SqFt

Active

3100 Randolph ST Bellwood, IL 60104

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Dec

Thu

Dec

Fri

Dec

Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

UPDATED:

08/17/2024 08:27 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 71,498 sqft

Price per Sqft $55

MLS Listing ID 11948683

Year Built 1959

Annual Tax Amount $91,037

Tax Year 2022

Lot Size 2.980 Acres

Lot Dimensions PER SURVEY

Property 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

Location

State IL

County Cook

Area Bellwood

Interior

Cooling Office Only

Fireplace N

Building

Dwelling Type Industrial

Level or Stories 1

Listed by Olivia Czyzynski • Sperry Van Ness

GET MORE INFORMATION

Cristina Gluszek

Broker | License ID: 475.192218

+1(815) 557-3821