3/25/2014
LoopNet - Allied Building Products Distribution Center, Distribution Warehouse, 16440 Kilbourn Avenue, Oak Forest, IL For Sale
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Allied Building Products Distribution Center
$3,000,000 40,076 SF | Industrial
16440 Kilbourn Avenue, Oak Forest, IL 60452
Presented by
Stan Johnson Company
Request Additional Information Brandon Duff (312) 240-0127 Please send me additional information about this property. You can reach me at (773) 269-4800.
Contact Listing Broker
Brandon's Other Listings (View All) WLC Architects | S... Rancho Cucamong… $14,142,857 39,600 SF Bldg Advance Auto Parts... Dearborn, MI $2,335,172 7,000 SF Bldg TitleMax | Chicago... Bellwood, IL $1,185,923 5,139 SF Bldg
Subject Property
Industrial Property For Sale
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Price:
$3,000,000
Cap Rate:
8.13%
Building Size:
40,076 SF
Tenancy:
Single
Price/SF:
$74.86
Year Built:
2004
Property Type:
Industrial
Clear Ceiling Height:
24 ft.
Property Sub-type:
Distribution Warehouse
Lot Size:
4.90 AC
Property Use Type:
Net Lease Investment with Listing ID
18593795
6 years left on lease
19 days ago
Find Out More...
Last Updated
Walgreens | 20 yrs... Chicopee, MA $8,173,913 14,614 SF Bldg DEAL$ (DOLLAR T… Broadview, IL $1,569,742 9,931 SF Bldg
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Utilities Sprinklers
Attachments Property Website & Offering Memorandum
Highlights Tenant Credit and Ownership Allied Building Products is a subsidiary of CRH America, Inc., the North American arm of CRH, plc. Strong Residual Values Constructed of steel and concrete in 2004, the
Excellent Regional Access The Property is highly accessible from, and located adjacent to, Interstate-57, at 167th street. NNN Lease with Limited Landlord Responsibilities Landlord responsibilities
http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=18593795&SRID=4275237686&StepID=101
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3/25/2014 Property has a mix of
LoopNet - Allied Building Products Distribution Center, Distribution Warehouse, 16440 Kilbourn Avenue, Oak Forest, IL limited to maintenance,
warehouse &office space &repair and replacement of 4 loading docks roof & structure Favorable Location in SubArea with National Tenants In Oak Forest Business Park with neighboring tenants incl. Frito-Lay (PepsiCo) Dist. Ctr
Description Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% feesimple interest in the Allied Building Products Distribution Center located at 16440 South Kilbourn Avenue, in Oak Forest, Illinois (the Property ). The Distribution Center is located in the Oak Forest Business Park, surrounded by a mix of industrial and retail development. It is located approximately 25 miles from the Downtown Chicago Business Loop, accessible via the Interstate-57 and Interstate-94 East. The Property is located in Oak Forest, Illinois, approximately 20 miles south of downtown Chicago. Surrounding communities include Orland Park and Tinley Park to the west, Midlothian the north, Markham to the east, and Country Club Hills to the south. Oak Park' s population was 27,962 at the 2010 census. The Property is located along the west side of Kilbourn Avenue, north of 167th Street, in The Corporate Center of Oak Forest, a business park. The immediate area contains a mix of industrial and retail development along with some office uses.
Financial Summary Actual Net Operating Income
$244,000
Map of 16440 Kilbourn Avenue, Oak Forest, IL 60452 (Cook County)
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250 yds
Research for 16440 Kilbourn Avenue, Oak Forest, IL 60452 (Cook County) Demographics – Population, income & other demographics near 16440 Kilbourn Avenue Research Price – Recent sales of similar properties Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
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to find out more details.
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3/25/2014
LoopNet - Allied Building Products Distribution Center, Distribution Warehouse, 16440 Kilbourn Avenue, Oak Forest, IL
Asking Price Index Trends for Oak Forest, IL Industrial For Sale
- State - Metro - County
Feb 14
vs. 3 mo. prior Y-O-Y
$51
-1.0% -1.3%
$53
-1.3% -3.0%
$51
-0.8% -1.6%
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View Oak Forest Market Trends for other property types for sale or lease. Learn more about the chart info. Created 3/5/2014 The information above has been obtained from sources believed reliable. While w e do not doubt its accuracy w e have not verified it and make no guarantee, w arranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors w hich should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TB-P
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