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419-423 Mannheim Rd

6,400 SF Industrial Building Bellwood, IL 60104 $365,000 ($57/SF) 10.21% Cap Rate

Investment Highlights

  • Offering prominent exposure to passing traffic.
  • A very versatile warehouse for any tenant.
  • Only 4 minutes away from I-290.
  • Rarely available warehouse in Bellwood!

Executive Summary

QUALITY & QUANTITY. Rarely available warehouse in Bellwood! 6400 SQFT. Only 4 minutes away from I-290. A prized gem in anyone's portfolio on Mannheim Rd. Offering prominent exposure to passing traffic. A very versatile warehouse for any tenant. With two HUGE overhead doors fit for most businesses. Owner occupied. The Cap Rate is a Pro Forma. The owners will move once sold.

Attachments

Survey

Financial Summary (Pro forma - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2021) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $365,000
Price Per SF $57
Sale Type Investment or Owner User
Cap Rate 10.21%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Office Medical
  • FlexLight Distribution
Building Class C
Lot Size 0.20 AC
Rentable Building Area 6,400 SF
No. Stories 1
Year Built 1952
Tenancy Single
Parking Ratio 1.09/1,000 SF
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
  • Fluorescent Lighting

Utilities

  • Water - City
  • Sewer - City
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-09-300-095-0000
Land Assessment
$18,240 (2024)
Improvements Assessment
$68,847 (2024)
Total Assessment
$87,087 (2024)

zoning

Zoning Code B1 (It is zoned for Community Shopping.)
B1 (It is zoned for Community Shopping.)
  • Listing ID: 25512196

  • Date on Market: 4/15/2022

  • Last Updated:

  • Address: 419-423 Mannheim Rd, Bellwood, IL 60104

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