3531 Martens Street, Franklin Park, IL

$995,000

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0.41

Acres

About 3531 Martens Street

9,900 SF industrial building for sale in Franklin Park, IL. NNN leased to a publicly traded multinational med-tech and optics company who has been in place since 2003. The lease has been extended to Feb 28, 2029. The asking price is an 8+ CAP rate on current rent and the lease has annual CPI increases that adjust each March. New roof 2022 (with 16 years remaining on the warranty). Recent masonry work and the parking lot is freshly seal coated and striped. The property is a corner location with 33 parking spaces and 1 drive-in-door. This is a solid, stable investment property located just off interchanges to I-90, I-94 and I-294 and 4 miles from O'Hare International Airport. No evening or weekend showings.

Features of 3531 Martens Street

MLS® # 12744041
Price $995,000
Bathrooms 0.00
Acres 0.41
Year Built 1956
Type Commercial Sale
Sub-Type Industrial
Status New

Community Information

Address 3531 Martens Street
Area Franklin Park
City Franklin Park
County Cook
State IL
Zip Code 60131

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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