10121 Franklin Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
10121 Franklin Ave
6,465 SF 100% Leased Flex Building Franklin Park, IL 60131 $120,000 ($19/SF)
Executive Summary
This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
Property Facts
| Price | $120,000 | Lot Size | 0.15 AC |
| Price Per SF | $19 | Rentable Building Area | 6,465 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Conditions | Redevelopment Project | Year Built | 1955 |
| Property Type | Flex | Parking Ratio | 1.08/1,000 SF |
| Property Subtype | Light Distribution | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C |
| Price | $120,000 |
| Price Per SF | $19 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 6,465 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.08/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
1 of 1
PROPERTY TAXES
| Parcel Number | 12-21-324-172-0000 | Improvements Assessment | $75,579 |
| Land Assessment | $12,128 | Total Assessment | $87,707 |
PROPERTY TAXES
Parcel Number
12-21-324-172-0000
Land Assessment
$12,128
Improvements Assessment
$75,579
Total Assessment
$87,707
zoning
| Zoning Code | CM |
| CM |
-
Steven Kohn -
Avison Young
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
10121 Franklin Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.