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$995,000
8 Days On Site
3531 Martens StreetFranklin Park, IL 60131
For Sale|Warehouse|Active
0
Beds
0
Total Baths
9,900
SqFt
$101
/SqFt
1956
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
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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.
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Listing Snapshot
Price
$995,000
Days On Site
8 Days
Bedrooms
N/A
Inside Area (SqFt)
9,900 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.41 Acres
Year Built
1956
MLS® Number
12744041
Status
Active
Property Tax
$51,351
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Status changed to Active | |
| a week ago | Listing first seen on site |
General Features
Acres
0.41
Additional Property Use
CommercialIndustrial
Foundation
Concrete Perimeter
Property Sub Type
Warehouse
SqFt Total
9900
Utilities
Natural Gas AvailableWater Available
Interior Features
Cooling
Central Air
Electric
Circuit Breakers
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Exterior Features
Construction Details
Brick
Community Features
MLS Area
Franklin Park
Township
Leyden
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty
Based on information submitted to the MLS GRID as of 2026-09-25 01:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-25 01:40 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2026-09-25 01:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-25 01:40 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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