3531 Martens Street Franklin Park, IL ^$ 995,000

3531 Martens Street

^$ 995,000

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Recently Listed

3531 Martens Street

Franklin Park, IL, 60131

^$ 995,000

Bedrooms-- Baths-- Sq 9,900

Monthly Estimate*

^$ 6,283

3531 Martens Street, Franklin Park, IL 60131 - Image 1

3531 Martens Street, Franklin Park, IL 60131 - Image 2

3531 Martens Street, Franklin Park, IL 60131 - Image 3

3531 Martens Street, Franklin Park, IL 60131 - Image 4

3531 Martens Street, Franklin Park, IL 60131 - Image 5

Commercial Property for sale in Franklin Park, IL

for $995,000. This 9,900 square foot building was built in 1956 on a lot size of 0.41.

9,900 SF industrial building for sale in Franklin Park, IL. NNN leased to a publicly traded multinational med-tech and optics company who has been in place since 2003. The lease has been extended to Feb 28, 2029. The asking price is an 8+ CAP rate on current rent and the lease has annual CPI increases that adjust each March. New roof 2022 (with 16 years remaining on the warranty). Recent masonry work and the parking lot is freshly seal coated and striped. The property is a corner location with 33 parking spaces and 1 drive-in-door. This is a solid, stable investment property located just off interchanges to I-90, I-94 and I-294 and 4 miles from O'Hare International Airport. No evening or weekend showings.

Commercial Active

Price

^$ 995,000

Property Type

Commercial

Taxes

^$ 51,351

Style

Commercial,Industrial

Lot Size

0.41

Year Built

1956

Town/City

Franklin Park

County/Region

Cook

MLS | Web ID

12744041

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available Water Available

Possession Specific

Construction Materials Brick

Year Built 1956

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger Sewer Other All Utilities

Stories Count 1

Township Leyden

Property Subtype Warehouse

Tax Year 2025

Current Use Commercial Industrial

Gross Income 81121

County Cook

Net Operating Income 81121

Operating Expense 0

Property Type Commercial Sale Industrial

Status Active

Directions River Road to Robinson Road. Then west to Martens.

City Franklin Park

Number Of Units Total 1

MLS Area Franklin Park

Lot Size Square Feet 18649

Tax Annual Amount 51351

Additional Parcels Y/N N

Leasable Area 9900

Lease Type Net

Standard Status Active

Cap Rate 8

Exterior

Foundation Details Concrete Perimeter

Building Area Total 9900

Lot Dimensions 133.9 x 140.2 x 134.2 x 142

Lot Size Acres 0.41

* Excluded Features

List By

Coldwell Banker Realty

Broker

bruce.heller@cbexchange.com

Affordability Calculator

$10,562

Per Month

Monthly Principal & Interest: $6,283
Monthly Property Taxes: $4,279
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Franklin Park, IL

Average List Price ^$901,078

Percent of Sale Price 9%

About Franklin Park, IL

18,506 Population

-7% Since 2002

^$57,691 Median Income

37.51 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2026	$995,000		Listed Price

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3531 Martens Street, Franklin Park, IL, 60131 is a Commercial Property for sale at $995,000 with 9,900 sqft and a lot size of 0.41. 3531 Martens Street was built in 1956. The property's zip code is 60131 which is in Franklin Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 9/30/2026.

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3531 Martens Street

Commercial Property for sale in Franklin Park, IL

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