bankruptcy sale · 2018-05-05 · bankruptcy sale 112,121 sq. ft. fee-owned big box retail store...
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BANKRUPTCY SALE112,121 Sq. Ft. Fee-Owned Big Box Retail Store Available
3 Hawthorn Center, Vernon Hills, IL
Property Information Memorandum
Michael Jerbich
(312) 454-2057
michael@agrealtypartners.com
ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE.NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THEACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION ISSUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASEAND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TOBANKRUPTCYCOURTAPPROVAL.
Chris Draper
(312) 454-4522
cdraper@agrealtypartners.com
Jim Terrell
(815) 527-5188
jim@agrealtypartners.com
Alexandra Graiser
(631) 465-9514
alexandra@agrealtypartners.com
__________________________________________________OFFERING SUMMARY
• OFFERING SUMMARY
Available for sale is a 112,121 Sq. Ft. two-story department store that is currently owner occupied by Carson Pirie Scott (a Bon-Ton store). The property is situated on 8.81 acres. The property is physically attached to and serves as an anchor store for Hawthorn Center.
• OFFERING HIGHLIGHTS
• Excellent opportunity for Big Box / Retail Department Store Users• Additional properties also available• Contact A&G Realty Partners for a complete portfolio list• All offers will be considered
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________PROPERTY OVERVIEW
• PROPERTY DESCRIPTION
Address:Hawthorn Center3 Hawthorn CenterVernon Hills, IL 60061
County: Lake County
Land Area: 8.81 acres
Building Size: 112,121 Sq. Ft.
Site Shape: Irregular
Site Topography: Level at Street Grade
No. Buildings / Stories: One / Two
Year Built / Renovated: 1973
Parcel ID: 11-33-401-006
Current Property Taxes: $114,081
Zoning: B-1, General Business
Parking:The property contains 522 surface parking spaces. The parking spaces are asphalt-paved and striped.
Site Improvements:The site improvements include asphalt paved parking areas, curbing, signage, landscaping, yard lighting and drainage.
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________IMPROVEMENTS OVERVIEW
• IMPROVEMENTS DESCRIPTION
• INTERIOR DETAIL
HVAC:The property has a chilled water system for cooling purposes, and gas-fired boilers for heat located in a mechanical room within the northeast portion of the building.
Elevator Service:The department store building contains a set of escalators, 1 passenger elevator, and 1 freight elevator.
Fire Protection: 100% sprinklered
• MECHANICAL DETAIL
The department store building is oriented along the south side of Hawthorn Center and faces Townline Road, a primary commercial corridor in the neighborhood and provides primary access to the mall’s ring road serving the subject. Primary exterior access to the subject is from the southwest and southeast building elevations. There are no additional exterior entrances. The store also has interior mall access from the two-level mall attached to the north. Generally, the subject store consists of open selling floor with perimeter office, receiving, and storage space.
Floor Covering: Carpet & tile
Walls: Drywall
Lighting: Fluorescent and incandescent
Ceiling: Acoustical tile
Basic Construction: Steel and masonry
Foundation: Reinforced concrete slab
Framing: Structural steel with masonry
Floors: Concrete poured over a metal deck
Exterior Walls: Masonry
Roof Type: Flat with parapet walls
Windows: Thermal windows in aluminum frames
Pedestrian Doors: Glass and metal
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________PHOTOGRAPHS
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________SURVEY
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________AERIAL MAPS
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________MAP & LOCATION OVERVIEW
• LOCATION SUMMARY
The property is located in the City of Vernon Hills. Neighborhood boundaries are approximately Golf Road to the north, Interstate 94 to the east, Half Day Road to the south and Lake Street to the west. The downtown area of Chicago is approximately 30 miles to the southeast of the subject property.
• ACCESS SUMMARY
Local: Direct access via Hawthorn Center’s Ring Drive which encircles the mall and connects to both Milwaukee Avenue to the east and the Townline Road to the south. Each of these roads are primary commercial corridors in the neighborhood.
Regional: Townline Road extends east to connect with Interstate 94 less than 2.5 miles east of the subject property. This interstate provides access to the City of Chicago, as well as throughout the Chicagoland area by virtue of other nearby interstate highways.
T: 312-454 -2057 www.agrealtypartners.com
__________________________________________________CONFIDENTIALITY AND DISCLAIMER
Confidentiality and Conditions
ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO BANKRUPTCY COURT APPROVAL.
T: 312-454 -2057 www.agrealtypartners.com
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