for sale | office 1040a s milwaukee avenue › d2 › zxz9mv3x9wjw0pmwytpbiw97... · 2017-03-31 ·...

[email protected]

DANIEL VANCHIERI

Senior Vice [email protected]

ALBERT M. LINDEMAN

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

Beautifully Constructed Masonry Office Building

Adjacent yard space available

8 Individual Office, 1 Reception Area, 2 Common Work Spaces, and 2

Bathrooms

Dedicated Network Server Room; Camera Security System

Ingres/Egress onto Milwaukee Ave

Easy access to Route 21 and I-294

PRESENTED BPRESENTED BYY::

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for itscorrectness.

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

FOR SALE | OFFICE

1040A S MILWAUKEE AVENUE1040A S Milwaukee Avenue | Wheeling, IL 60090

1040A S MILWAUKEE AVENUE | 3,485 SF | WHEELING, IL

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.


TABLE OF CONTENTS


1. 4PROPERTY INFORMATIONExecutive Summary 5

Site Plan 6

Additional Photos 7

2. 8LOCATION INFORMATIONLocation Maps 9

Aerial Map 10

3. 11DEMOGRAPHICSDemographics Report 12

Demographics Map 13

4. 14ADJACENT YARD SPACE AVAILABLEAdjacent Yard Space Executive Summary 15

ADJACENT PARCEL - 307 Industrial Lane Additional Photos 16

5. 17ADVISOR BIOSAdvisor Bio & Contact 1 18

Advisor Bio & Contact 2 19

1 PROPERTY INFORMATION


SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

SVN is pleased to present this beautifully constructed, well-maintainedoffice building in the heart of Chicago's prestigious north suburb ofWheeling IL.

This building offers 8 individual offices, a reception area, 2 common workareas and a dedicated network server room. It can easily be converted tomedical offices. With an ingress/egress on to Milwaukee Avenue and easyaccess to Route 21 and I-294, this location is ideal.

Adjacent yard space with 1,800 SF building also available.

LLOCOCAATION OTION OVERVERVIEWVIEW

Located in the heart of Chicago’s prestigious northern suburbs, Wheeling isa diverse and dynamic community of 40,000 people, distinguished by itsunique balance of industry, commercial development, and residentialneighborhoods. Wheeling is known regionally and nationally as the home ofthe Milwaukee Avenue "Restaurant Row" and is also the part-owner ofChicago Executive Airport, the third-busiest airport in Illinois.

SALE PRICE: $499,000

LOT SIZE: 0.82 Acres

BUILDING SIZE: 3,485 SF

BUILDING CLASS: B

ZONING: B-3


SECTION 1 | PROPERTY INFORMATION

Executive Summary

5All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.



SECTION 2 | OFFICE FLOOR PLAN

Office Floor Plan With Proposed Expansion



SECTION 1 | PROPERTY INFORMATION

Additional Photos

2 LOCATION INFORMATION




SECTION 2 | LOCATION INFORMATION

Location Maps



SECTION 2 | LOCATION INFORMATION

Aerial Map

3 DEMOGRAPHICS



* Demographic data derived from 2010 US Census

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TTootal householdstal households 3,293 31,319 93,606

TTootal pertal persons per hhsons per hh 2.7 2.6 2.6

AAvvererage hh incage hh incomeome $70,614 $93,102 $101,026

AAvvererage house vage house valuealue $312,985 $424,040 $450,227

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TTootal populatal populationtion 8,812 81,626 243,644

MMediaedian agen age 32.5 40.2 41.6

MMediaedian age (n age (malemale)) 32.4 39.1 39.9

MMediaedian age (n age (ffemaleemale)) 33.4 41.3 42.9


SECTION 3 | DEMOGRAPHICS

Demographics Report


SECTION 3 | DEMOGRAPHICS

Demographics Map


POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL POPULATION 8,812 81,626 243,644

MEDIAN AGE 32.5 40.2 41.6

MEDIAN AGE (MALE) 32.4 39.1 39.9

MEDIAN AGE (FEMALE) 33.4 41.3 42.9

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL HOUSEHOLDS 3,293 31,319 93,606

# OF PERSONS PER HH 2.7 2.6 2.6

AVERAGE HH INCOME $70,614 $93,102 $101,026

AVERAGE HOUSE VALUE $312,985 $424,040 $450,227

4 ADJACENT YARD SPACE AVAILABLE


SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

42 acre lot with ingress and egress onto Industrial Drive

1,800 SF Building with 2 drive-in bays

Fully secured metal fence along perimeter

Electric service on site

Adjacent to Chicago Executive Airport

SALE PRICE: $175,000

LOT SIZE: 0.42 Acres

BUILDING SIZE: 1,800 SF

BUILDING CLASS: C

ZONING: B-3


SECTION 4 | ADJACENT YARD SPACE AVAILABLE

Adjacent Yard Space Executive Summary




SECTION 4 | ADJACENT YARD SPACE AVAILABLE

ADJACENT PARCEL - 307 Industrial Lane Additional Photos

5 ADVISOR BIOS



SECTION 5 | ADVISOR BIOS

Advisor Bio & Contact 1


Albert M. LindemanSenior Vice PresidentSVN | Chicago Commercial

Albert M. Lindeman serves as a senior vice president at SVN | ChicagoCommercial. During his +40 years of real estate experience, he hasbuilt an array of valuable business, real estate, banking, andcommunity relationships that benefit his clients. He also serves asOffice Product Council Chair for Office Properties and a member ofthe National Medical Office Team.

Lindeman recently received the SVN 2015 Achiever Award and hascompleted transactions with an aggregate value exceeding $200million. Over the course of his career, Lindeman has represented+500 different clients including: AEG, Apex 520 LLC , Browning FerrisIndustries, Collabera, Inc. Caruso Development, CIBA-Geigy,CopleyReal Estate Advisors, Colgate Palmolive, G.F. Structures, FifieldDevelopment, Jain Group LLC , Extended Stay America, HinsdaleOncology & Hematology, West Suburban OB Gyn, Illinois Heart &Vascular, Laidlaw Systems, Meadows Realty LLC, McDonaldsCorporation, McDonnell Douglas, Midwest Digestive DiseaseSpecialists, Northwest Helathcare Associates, People's Home Equity,New York Life Insurance, Romanek Properties, Ltd., and SFH CompanyLLC.

Lindeman holds the National Association of Realtors CRB designationand is a CCIM Candidate. He is an active member of Holy FamilyCatholic Community in Inverness, Illinois; where he serves innumerous ministries. He has coached in the Palatine Celtic SoccerClub for +13 years; and served on Booster Club Board of St. TheresaCatholic School.

Lindeman earned a Masters of Business Administration from LakeForest Graduate School of Management and completed hisundergraduate studies at DePaul University.

Phone: 312.756.7352

Email: [email protected]

Fax: 847.789.8586

Cell: 847.421.1066

Address: 940 West Adams Street, Suite 200

Chicago, IL 60607

Daniel Vanchieri


SECTION 5 | ADVISOR BIOS

Advisor Bio & Contact 2


Advisor

Daniel Vanchieri has been active in the financial and real estateindustry for more than 20 years. As an advisor for SVN and a licensedreal estate broker, his focus is primarily on the sale of industrialproperties in the Chicagoland and surrounding areas; specializing inproperties ranging from the 5,000 to 100,000 square feet.

Daniel is enthusiastic in helping owner/users maximize their trueobjectives. He is always putting the client's interests above his own,insuring strong, long term relationships with the people with whomhe works. Daniel understands that his business hinges on hisreputation and doing what is best for his clients. His background isdiverse with many years of experience in construction, propertymanagement, and operations.

As a successful trader for 18 years at the Chicago Board of Trade,Daniel developed his acute skills as a negotiator and deal maker.Through the many successful opportunities he created for bothbuyers and sellers, he proved his attention to detail to beunparalleled. As a result, he has a unique understanding on a varietyof issues that owners/users face.

Daniel is a graduate of DePaul University with a degree in finance andon a personal note, Daniel keeps very active with his wife and fourchildren. He was a founding member and treasurer of Cass 63Foundation for Educational Excellence. In addition, he was on theparish counsel at Our Lady of Mount Carmel Church, serving asDirector of Finance and Chairman of the Building Committee

SVN | Chicago Commercial

Phone: 312.756.7337

Email: [email protected]

Fax: 312.676.1867

Cell: 630.567.3705

Address: 940 West Adams Street, Suite 200

Chicago, IL 60607

for sale | office 1040a s milwaukee avenue › d2 › zxz9mv3x9wjw0pmwytpbiw97... · 2017-03-31 ·...

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