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9714 Franklin Ave 4,608 SF 100% Leased Retail Building Franklin Park, IL 60131 $679,661 CAD ($147.50 CAD/SF) 15.95% Cap Rate



Investment Highlights
- Humungous unfinished Basement w/ High ceilings
- Extra parking in the back
- Great rental income
- Seller financing available
Executive Summary
Looking for a good Investment. Look no further. (1) apartment, (1) 300 sq ft office, (2) 1,200sq ft est. stores, and a lower 500 sq ft Office. 2 car big garage. Humungous unfinished Basement w/ High ceilings. Great rental income. extra parking in back. Great for businesses. Plenty of Public parking and a train stop behind building. Worth a look for anyone interested in Investing for Income or wants to open a place up of their own. Pictures on by Thursday. 4 possibly 5 rentals incomes 2 car garage attached and oversize. 12 foot ceiling. Seller financing available.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,608 SF
Building Class
C
Year Built
1960
Price
$679,661 CAD
Price Per SF
$147.50 CAD
Cap Rate
15.95%
NOI
$108,412 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.11 AC
Zoning
C-2-2 - Franklin Park
Parking
5 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
59’ on Franklin Ave
Amenities
- 24 Hour Access
- Metro/Subway
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- 2,500 SF
- -
- -
Illinois Vehicle Auto Insurance et ses sociétés affiliées ont été fondées en 1975 et sont en affaires depuis 40 ans. IVAI s'efforce de vous protéger, vous et votre famille. Depuis longtemps, ils desservent les collectivités locales et comptent actuellement 84 points de vente dans cinq États : l'Illinois (43), le Texas (17), le Nevada (11), l'Arizona (8) et l'Indiana (5).
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Finance and Insurance | 2,500 SF | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $63,382 CAD | |
| Land Assessment | $8,103 CAD | Total Assessment | $71,485 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$8,103 CAD
Improvements Assessment
$63,382 CAD
Total Assessment
$71,485 CAD
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9714 Franklin Ave
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