Approx. 97,628 SF Industrial Warehouse in Franklin Park, IL

9301 King Street Franklin Park, IL 60131

9301 King Street, Franklin Park, IL, 60131
9301 King Street, Franklin Park, IL, 60131
Property Type:
Last Verified:
Apr 30, 2021

Asking Price: $975,000 Cooperating Broker’s Commission: 2% Lot Size: Approx. 2.84 Acres Building Size: Approx. 97,628 sf (including approx. 11,424 sf finished office space) Built: 1957 Loading Docks: 6 with Levelers Drive-In Door: 2 Ceiling Height: 14′ HVAC: Gas Forced Electrical: Electrical Panel/Circuit Distribution Parking Spaces: Approx. 13 2019 Taxes: $132,419.07 PIN #: 12-22-308-010-0000 Zoning: I-1; Restricted Industrial District This one-story, brick/masonry constructed industrial warehouse facility is approximately 97,628 sf including approximately 11,424 sf finished office space set on approximately 2.84 acres. The remainder of the space is open floor plan warehouse ideal for storage, including 4 crane bays with 7 three-ton bridge cranes and heavy power: 1,200 amps/480 volts and 3,000 amps/220 volts. The property also has an on-site transformer station to manage heavy power. The property is located in a manufacturing neighborhood, with close proximity to I-294. In addition the building abuts to a train track rail head and is also approximately 500 yards from an active commercial train line. The roof is composed of a rubber membrane for ease of maintenance. There currently is no sprinkler system in place but the facility has a recent Fire Marshal “passed” inspection.

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Map of 9301 King Street, Franklin Park, IL, 60131

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.