3531 Martens St

For Sale

3531 Martens St, Franklin Park, IL 60131

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.

Key features

  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Sewer: Public
  • Water: Municipal Water

Building Details

  • For Sale $995,000
  • Property Type Industrial - Manufacturing
  • Property Size 9,900 SF
  • Lot Size 18,649 SF
  • Additional Rent Price on request
  • # of Floors 1
  • Parking Spaces Avail. 33
  • Year Built 1959
  • Date Updated Nov 11, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Bruce Heller

Coldwell Banker Realty

Location

  • City Franklin Park, IL
  • Zip Code 60131
  • Market Chicago
  • Walk score 24/100 Car-Dependent
  • Transit score 32/100 Some Transit
  • Bike score 33/100 Somewhat Bikeable
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Points of Interest

Belmont Avenue (Franklin Park)

0.32 miles

Franklin Park

0.57 miles

Schiller Park

1.41 miles

Rosemont

2.32 miles

Terminal 5

2.66 miles

Elmwood Park

2.68 miles

Rosemont Blue Line Station

2.83 miles

Terminal 1

3.39 miles

O'Hare Transfer

3.71 miles

Maywood

3.98 miles

BP

0.71 miles

Schiller Park Citgo

0.76 miles

Mobil

0.96 miles

Schiller Park Marathon

0.99 miles

Shell

1.01 miles

eVgo

1.18 miles

River Grove Citgo

1.42 miles

Tesla Supercharger

2.24 miles

ChargePoint

3.78 miles

Tesla Macau

4.08 miles

PreFlight Parking

1.40 miles

Student Parking

1.98 miles

Bus Parking

1.98 miles

Cernan Parking

2.05 miles

Fashion Outlets of Chicago

2.22 miles

Visitor Parking

2.24 miles

TNP Rideshare Lot

2.50 miles

East Parking Garage

2.56 miles

Franklin Park Police Department

0.52 miles

Franklin Park Fire Station #1

0.69 miles

Franklin Park Fire Station #2

0.79 miles

Schiller Park Fire Department

0.82 miles

Franklin Park Fire Station #3

0.84 miles

Schiller Park Police Department

0.84 miles

Walgreens

1.01 miles

CVS Pharmacy

1.58 miles

River Grove Police Department

1.71 miles

River Grove Fire Department

1.73 miles

Papa's

0.63 miles

Chinese Kitchen

0.65 miles

Mr. T's Gyros

0.66 miles

Wendy's

0.71 miles

Dunkin'

0.75 miles

Subway

0.75 miles

McDonald's

0.76 miles

Uno Pizzeria & Grill

0.83 miles

The Great Escape

0.84 miles

Vadi's

0.95 miles

Listing Summary

  • Property Financials

    3531 Martens St is currently listed for sale at $995,000 for a price per square foot of $100.51.

  • Property Details

    3531 Martens St totals 9,900 square feet of Industrial space across 1 floor on a lot spanning 18,649 square feet. The property was initially built in 1959.

    There are a total of 33 parking spaces available onsite.

Contact Bruce Heller
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