1708 s park ave, streamwood, il...1708 s park ave, streamwood, il 1 | property information. each...
TRANSCRIPT
KELLER WILLIAMS CHICAGO-O'HARE
8750 W. Bryn Mawr,
Ste. 110E
Chicago, IL 60631 MANNY REGALADOCommercial Broker0: 312.730.2029C: [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior DirectorO: 630.253.4929C: [email protected] #471.008387 - CA DRE #02078056
WILLIAM KANATASSenior DirectorO: 847.852.3212C: [email protected] #475-127023
1708 S Park Ave, Streamwood, IL
OFFERING MEMORANDUM
PRESENTED BY:
STREAMWOOD, IL
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 2
KELLER WILLIAMS CHICAGO-O'HARE
8750 W. Bryn Mawr,
Ste. 110E
Chicago, IL 60631
Confidentiality & Disclaimer
MANNY REGALADOCommercial Broker0: 312.730.2029C: [email protected] #475.165475
PETER COTSIRILOS, CCIMSenior DirectorO: 630.253.4929C: [email protected] #471.008387 - CA DRE# #02078056
WILLIAM KANATASSenior DirectorO: 847.852.3212C: [email protected] #475-127023
All materials and information received or derived from Keller Williams Chicago-O'Hare its directors, officers, agents, advisors, affiliates and/or any thirdparty sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack ofcompliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.
Neither Keller Williams Chicago-O'Hare its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, asto accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether writtenor verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other mattersof significance to such party. Keller Williams Chicago-O'Hare will not investigate or verify any such matters or conduct due diligence for a party unlessotherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Keller WilliamsChicago-O'Hare makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions.Keller Williams Chicago-O'Hare does not serve as a financial advisor to any party regarding any proposed transaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Keller Williams Chicago-O'Hare in compliance with all applicable fair housing and equal opportunity laws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions orestimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property andtransaction. Each office independently owned and operated.
OFFERING MEMORANDUM
PRESENTED BY:
STREAMWOOD, IL
PROPERTY INFORMATION
1 | PROPERTY INFORMATION
EXECUTIVE SUMMARY
STREAMWOOD - PROPERTY DESCRIPTION
PROPERTY DETAILS
ADDITIONAL PHOTOS
1PROPERTY INFORMATION1708 S PARK AVE, STREAMWOOD, IL
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 4
OFFERING SUMMARY
SALE PRICE: $449,000
AVAILABLE SF: 8,112 SF
LOT SIZE: 1.39 Acres
YEAR BUILT: 1992
BUILDING SIZE: 8,112 SF
ZONING: I-1
MARKET: Northwest Suburb
SUBMARKET: Streamwood
TRAFFIC COUNT: 6,550
PROPERTY OVERVIEWKW Commercial, as the exclusive agent, is pleased to announce the opportunity toacquire this 8,112 square foot, well located industrial warehouse between Rt. 20and Irving Park Road in Streamwood, IL. The location is in a medium size industrialpark. The building contains 16 feet clear ceiling heights and ample parking spacefor 27 vehicles. The property also contains 700 square feet of finished office space
PROPERTY HIGHLIGHTS• 2 Drive-In Doors
• Great Location
• 6,550 Vehicles Per Day On Park Ave
• Streamwood, IL
• 16 Ft. Ceiling Heights
• Parking For 27 Vehicles
• Zone I-1
Executive Summary
1708 S PARK AVE, STREAMWOOD, IL 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 5
LOCATION OVERVIEW
Streamwood is a village in Cook County, Illinois, United States.The population was 39,858 at the 2010 census. It is a northwestsuburb of Chicago, and is a part of the Chicago metropolitan area.
Streamwood is one of the three communities that make up theso-called "Tri Village" area, along with Bartlett and Hanover Park.Streamwood was first incorporated as a village on February 9,1957.There were 13,034 households, out of which 41.6% had childrenunder the age of 18 living with them, 60.7% were headedby married couples living together, 10.6% had a femalehouseholder with no husband present, and 23.7% werenon-families. 18.7% of all households were made up of individuals,and 4.6% were someone living alone who was 65 years of age orolder. The average household size was 3.04 and the average familysize was 3.49.In the village, the population was spread out with 26.3% under theage of 18, 8.0% from 18 to 24, 32.0% from 25 to 44, 25.6% from45 to 64, and 8.0% who were 65 years of age or older. The medianage was 35.4 years. For every 100 females, there were 98.3 males.For every 100 females age 18 and over, there were 95.9 males.From 2009-2011, the estimated median annual income for ahousehold in the village was $71,300, and the median income for afamily was $80,608. Male full-time workers had a median incomeof $46,338 versus $39,956 for females. The per capita income forthe village was $27,788. About 2.0% of families and 3.9% of thepopulation were below the poverty line, including 4.0% of thoseunder age 18 and 13.3% of those age 65 or over.A major retail sector has developed in recent years at theinof Illinois Route 59 and Illinois Route 19 called Sutton Park. Inaddition to the Sutton Park Shopping Center, stores andbusinesses in the area include Super Target, Marshall's, DiscoveryClothing, Famous Footwear, YankeeCandle, Wendy's, Chili's, Panera Bread, Chase Bank, America'sBest, CVS Pharmacy, T Mobile, Bank of America, Steak 'nShake, Pearle Vision, Starbucks Coffee, Hair Cuttery, UPSStore, Subway Sandwiches, GameStop, Jimmy John's, TacoBell, Arby's, 5/3 Bank, and Great Clips.
Streamwood - Property Description
1708 S PARK AVE, STREAMWOOD, IL 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 6
SALE PRICE $449,000
LOCATION INFORMATION
Building Name 1708 S Park Ave, Streamwood, IL
Street Address 1708 S Park Ave.
City, State, Zip Streamwood, IL 60107
County/Township Cook/Hanover
Market Northwest Suburb
Submarket Streamwood
Cross Streets S Park Ave. & Krause Ave.
Range 41N-9E-26
Side Of Street West
Road Type Paved
Market Type Large
Nearest Highway I-90 and I-290
Nearest Airport Chicago O'Hare International Airport
BUILDING INFORMATION
Building Size 8,112 SF
Year Built 1992
Tenancy Multiple
Number Of Floors 1
Load Factor Yes
PROPERTY DETAILS
Property Type Industrial
Property Subtype Warehouse/Distribution
Zoning I-1
Lot Size 1.39 Acres
APN# 06-26-303-023-1002
Submarket Streamwood
Corner Property Yes
Traffic Count 6,550
Traffic Count Street S Park Ave.
PARKING & TRANSPORTATION
Parking Ratio 2.27
Number Of Spaces 27
Property Details
1708 S PARK AVE, STREAMWOOD, IL 1 | PROPERTY INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 7
Additional Photos
1708 S PARK AVE, STREAMWOOD, IL 1 | PROPERTY INFORMATION
LOCATION INFORMATION
2 | LOCATION INFORMATION
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
2LOCATION INFORMATION1708 S PARK AVE, STREAMWOOD, IL
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com 9
1708 S Park Ave,Streamwood, IL
Regional Map
1708 S PARK AVE, STREAMWOOD, IL 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 10
Location Maps
1708 S PARK AVE, STREAMWOOD, IL 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 11
1708 S Park Ave,Streamwood, IL
Aerial Map
1708 S PARK AVE, STREAMWOOD, IL 2 | LOCATION INFORMATION