7459 Franklin StForest Park, IL 60130

  • Industrial properties
  • 1.42 AC
For Lease

Property Details for 7459 Franklin St

Year built
1969
Lot size
1.42 AC
Property type
Industrial properties
APN
15-12-400-019
APU
1512400019

Description

This exceptional Forest Park, Illinois industrial property, located at 7459 Franklin Street, offers a unique investment opportunity. The property encompasses 14,300 square feet of space distributed across four individual suites, with a minimum divisible space of 300 square feet. Built in 1974, the property sits on a generous 2.55 acres of land in the Southwest Cook submarket. Its strategic location provides convenient access to Interstate 290, just 1.2 miles away. A significant advantage is the property's adjacency to an active rail line, enabling efficient loading and unloading capabilities. Furthermore, the property is permitted for outside storage, expanding its versatility and potential uses. The property's Cook County location (APN 15-12-400-019) and multiple tenancy options make it an attractive proposition for a variety of businesses. The flexible space caters to diverse needs, from smaller operations requiring 300 square feet to larger enterprises needing up to 10,000 square feet. This well-situated industrial property presents a compelling opportunity for businesses seeking a functional and strategically located space in the thriving Southwest Cook County market. The property's combination of size, location, and rail access makes it a highly desirable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,312,026
    Hospitality
    $19,521,700
    Educational
    $16,241,826
    Medical
    $16,800,406
    Retail
    $25,265,062
7459 Franklin St, Forest Park, Illinois

Location Insight

City
Forest Park
County
Cook
State
Illinois
Latitude
41.8858
Longitude
-87.8116
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$57,077
$108,575
$50,672
$159,247
-
$434,300
$202,688
$636,988

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].