3100 Randolph Street Bellwood, IL 60104
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
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$91,037
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID Number11948683
- Home Size Source N/A
- Year Built1959
- Lot Size2.98 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 2.98
- Property Sub Type Warehouse
- Number Of Stories 1
Interior Features
- Cooling Office Only
Community Features
- MLS Area Bellwood