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2748-2758 WPETERSON AVEChicago, IL 60659

BUILDING SIZE+/- 1,400 SF

ASKING PRICE$875,000

FEATURES• Located in the Devon/Western TIF District

• +/-45,000 cars per day IDOT traffic count

• Currently a service station

• Redevelopment potential: +/- 12,012 SF site

• Corner location

• B3-2 Zoning

OFFICE

Bruce [email protected]

Nathan [email protected]

©2019 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial NRT. All rights reserved. Coldwell BankerCommercial® and the Coldwell Banker Commercial logo are registered service marks owned by Coldwell BankerReal Estate LLC. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports theprinciples of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned andoperated. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and itshould not be relied upon as such. This information should be independently verified before any person enters intoa transaction based upon it.

COLDWELL BANKER COMMERCIALNRT1910 N Clybourn Ave, Chicago, IL 60614312.266.7000

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2748-2758 W PETERSON AVE

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CONFIDENTIALITY AGREEMENT

This offering has been prepared solely for informational purposes. It is designed to assist a potentialinvestor in determining whether it wishes to proceed with an in-depth investigation of the subjectproperty. While the information contained herein is from sources deemed reliable, it has not beenindependently verified by the Coldwell Banker Commercial affiliate or by the Seller.

The projections and pro forma budget contained herein represent best estimates on assumptionsconsidered reasonable under the circumstances. No representations or warranties, expressed orimplied, are made that actual results will conform to such projections.

This document is provided subject to errors, omissions and changes in the information and is subjectto modification or withdrawal. The contents herein are confidential and are not to be reproducedwithout the express written consent.

Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALLFAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/orafter contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspectand investigate the Property and all improvements thereon, either independently or through agents ofthe buyer’s choosing.

The Seller reserves the right to withdraw the Property being marketed at any time without notice, toreject all offers, and to accept any offer without regard to the relative price and terms of any other offer.Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated ina formal written contract of purchase and sale to be prepared by the Seller and executed by bothparties; and (iii) approved by Seller and such other parties who may have an interest in the Property.Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase andsale, which contract shall supersede prior discussions and writings and shall constitute the soleagreement of the parties.

Prospective buyers shall be responsible for their costs and expenses of investigating the Property andall other expenses, professional or otherwise, incurred by them.

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OFFERING SUMMARY

Sale Price: $875,000

Lot Size: +/- 0.28 Acres

Building Size: +/- 1,400 SF

Zoning: B3-2

PROPERTY OVERVIEW

Currently a service station in Chicago's West Ridge neighborhood. Located at thestoplight intersection of Peterson Avenue and California Avenue. The +/- 12,012SF corner site with B3-2 zoning offers redevelopment potential to a prospectivebuyer.

PROPERTY HIGHLIGHTS

• Located in the Devon/Western TIF District

• +/-45,000 cars per day IDOT traffic count

• Currently a service station

• Redevelopment potential: +/- 12,012 SF site

• Corner location

• B3-2 Zoning

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Chicago, IL 60659


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POPULATION 0.25 MILES 0.5 MILES 1 MILE

Total Population 4,282 16,637 63,821

Median age 36.4 36.5 34.7

Median age (Male) 34.8 35.0 33.7

Median age (Female) 37.4 37.3 35.5

HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE

Total households 1,389 5,407 21,453

# of persons per HH 3.1 3.1 3.0

Average HH income $59,915 $59,925 $60,879

Average house value $369,206 $368,918 $350,573

* Demographic data derived from 2010 US Census

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cbc - sale proposal (p)...commercial® and the coldwell banker commercial logo are registered...

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