10005 Grand Ave

10005 Grand Ave

$650,000.00Price

 

Marcus & Millichap is pleased to present this mixed-use real estate opportunity located at 10005 Grand Avenue in the village of Franklin Park, Illinois. The subject property is located 1.6 miles southeast of the 294 Tri-State Tollway, one mile south of the Metra Electric Franklin Park train station, and 300 feet from the Chicago Transit Authority's (CTA) Grand and Scott 319 bus stop. The subject property has a unit mix that consists of six first floor, fully occupied, retail spaces that measure 1,250 or 1,400 square feet, respectively. The second floor is currently approved for four one-bedroom/one-bathroom units, plus room for an additional eight more offices that can also be converted into one-bedroom/one-bathroom apartments. The subject property is currently zoned C-2-1.

Franklin Park is a village located on the far west side of Cook County, and has a current population of just over 18,100 permanent residents. This community is ideal for families and commuters going into the city or traveling out of the state via plane. Franklin Park is located just 3.5 miles south of O'hare International Airport, which averages 2,400 inbound and outbound flights per day. The subject property is located on a major retail corridor of Grand Avenue which boasts many national and neighborhood retailers. Grand Avenue has a daily traffic count of 27,400 vehicles per day.

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