Active
3100 Randolph Street
Bellwood IL, 60104
$4,290,000
$60.00 per sqft
Active
71,498 sqft
Commercial
Built in 1959
Courtesy of Sperry Van Ness
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
11948683
MLSⓇ ID
December 18, 2023
Listed
March 30, 2024
Updated
Map
3100 Randolph Street
Bellwood IL, 60104
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Office Only
Heating
No
Exterior/Building Features
Lot Size
2.98 Acres
Other Property Details
Area Name
Bellwood
Taxes
$91,037
Tax Frequency
Annually
Days on Market
98
Garage
No
View
No
County
Cook
Pool
No
Buyer Agency Compensation
2.5% - $395
Listing History
Date | Event | Price |
|---|---|---|
3/18/2024 | Price Change | $4,290,000 -8% |
Courtesy of Sperry Van Ness, Olivia Czyzynski,
Listing Contact: 312-676-1866
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Lukins Home Network are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/30/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 3:37 AM UTC, 3/30/2024
