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3100 Randolph Street, Bellwood, IL 60104
$4,290,000
3100 Randolph Street, Bellwood, IL 60104View this property at 3100 Randolph Street, Bellwood, IL 60104
3100 Randolph StreetBellwoodIL60104
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Property Description
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
Full Property Details
Full Property Details for 3100 Randolph St
General
- Price: $4,290,000
- Taxes: $91,037 (2022)
- Status: Active
- Type: Manufacturing
- MLS ID: 11948683
- Updated: 3/24/2024
- Added to Site: 133 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Bellwood
- County: Cook
- Driving Directions: On Randolph Street between St Charles Rd and Washington Blvd.
- Location Details: East/West Corridor
Heating & Cooling
- Cooling Type: Office Only
- Heating Type: Central Building Heat
Structural Information
- # Loading Docks: 5
- Stories/Levels: 1
- Square Feet: 71,498
- Year Built: 1959
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 2.98
- Lot Size (Sq. Ft.): 129,809
- Lot Dimensions: PER SURVEY
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1959
- Tax Amount: $91,037
- Tax Year: 2022
Disclosures and Reports
- Property ID: 15094001030000
Listed by Sperry Van Ness
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Schools
Schools serving 3100 Randolph St
School Districts:Bellwood School District 88, Proviso Township Hsd 209
Rating | Name | Grades | Distance |
---|---|---|---|
2501 Oak St, Bellwood, IL 60104 | K-5 | 0.3 mi | |
Lincoln Primary School
3519 Wilcox Ave, Bellwood, IL 60104 | PK-PK | 0.6 mi | |
2500 Oak St, Bellwood, IL 60104 | 6-8 | 0.3 mi | |
4701 Harrison St, Hillside, IL 60162 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3100 Randolph St
Date
Details
Price
Change
Source
3/18/2024
Price Reduced
$4,290,000
-7.74%
MLS
12/18/2023
Listed
$4,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3100 Randolph St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$11,473
-59%
$21,890
-60%
2021
$28,285
70%
$54,729
65%
2020
$16,686
—
$33,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3100 Randolph St
3100 Randolph Street, Bellwood, IL 60104 (MLS# 11948683) is a Manufacturing property. 3100 Randolph Street is currently listed for $4,290,000 and was received on December 18, 2023. Want to learn more about 3100 Randolph Street? Do you have questions about finding other Manufacturing real estate for sale in Bellwood? You can browse all Bellwood real estate or contact a Coldwell Banker agent to request more information.