4-UNITS PLANS INCLUDED

Transcription

1 4-UNITS PLANS INCLUDED 3300 S BELL AVE CHICAGO, IL Paul Cawthon Vice President paul.cawthon@svn.com Angelo Labriola Vice President angelo.labriola@svn.com SVN CHICAGO COMMERCIAL 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Property Summary Property Description Floor Plans 1st Floor Plans 2nd Floor Plans Lower Level Floor Plans LOCATION INFORMATION 10 Retailer Map Location Maps DEMOGRAPHICS 13 Demographics Report Demographics Map ADVISOR BIOS 16 Mr. Cawthon Bio Mr. Labriola Bio Resume_Map_File_ pdf Back Page 3 UNIT 3300 S BELL AVE, CHICAGO, IL OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION 3300 S Bell Ave Chicago, IL SVN Chicago Commercial Page 3

4 Property Summary OFFERING SUMMARY Sale Price: PROPERTY OVERVIEW $425,000 Number Of Units: Lot Size: Year Built: Building Size: 4 3,125 SF ,652 SF Zoning: RS-3 Market: Chicago Large corner building located in the HOT McKinley Park neighborhood. The property has been rezoned and includes plans for 4 large units, with a great mix of 2 and 3 bedroom units with 2 baths and in unit washer & Dryers. Property has parking in the rear and excellent corner street exposure and easy access to I-55 and the CTA Orange Line. Property is 100% vacant and ready for the new renovation/buildout. PROPERTY HIGHLIGHTS Large Corner Building Upcoming McKinley Park Two Blocks to CTA Orange Line Submarket: Price / SF: McKinley Park Value-Add Opportunity Sold 100% Vacant $ SVN Chicago Commercial Page 4

5 Property Description PROPERTY OVERVIEW Large corner building located in the HOT McKinley Park neighborhood. The property has been rezoned and includes plans for 4 large units, with a great mix of 2 and 3 bedroom units with 2 baths and in unit washer & Dryers. Property has parking in the rear and excellent corner street exposure and easy access to I-55 and the CTA Orange Line. Property is 100% vacant and ready for the new renovation/buildout. LOCATION OVERVIEW Located on the corner of Bell Avenue & 33rd Street in Chicago's McKinley Park neighborhood. The site has easy access to I-55, Western Avenue and Archer Avenue and is a short 2 block walk to the 35th Street/ Archer Orange Line Station. McKinley Park is located approximately 4 1/2 miles southwest of Chicago's Loop. SVN Chicago Commercial Page 5

6 Floor Plans SVN Chicago Commercial Page 6

7 1st Floor Plans SVN Chicago Commercial Page 7

8 2nd Floor Plans SVN Chicago Commercial Page 8

9 Lower Level Floor Plans SVN Chicago Commercial Page 9

10 2 LOCATION INFORMATION 3300 S Bell Ave Chicago, IL SVN Chicago Commercial Page 10

11 Retailer Map SVN Chicago Commercial Page 11

12 Location Maps SVN Chicago Commercial Page 12

13 3 DEMOGRAPHICS 3300 S Bell Ave Chicago, IL SVN Chicago Commercial Page 13

14 Demographics Report 0.5 MILES 1 MILE 1.5 MILES Total population 8,426 34,671 86,744 Median age Median age (male) Median age (female) Total households 2,390 8,696 21,406 Total persons per HH Average HH income $49,032 $49,117 $46,718 Average house value $291,620 $253,862 $236,423 * Demographic data derived from 2010 US Census SVN Chicago Commercial Page 14

15 Demographics Map POPULATION 0.5 MILES 1 MILE 1.5 MILES 8,426 34,671 86,744 Median age Median age (Male) Median age (Female) MILES 1 MILE 1.5 MILES 2,390 8,696 21,406 # of persons per HH Average HH income $49,032 $49,117 $46,718 Average house value $291,620 $253,862 $236,423 Total population HOUSEHOLDS & INCOME Total households * Demographic data derived from 2010 US Census SVN Chicago Commercial Page 15

16 4 ADVISOR BIOS 3300 S Bell Ave Chicago, IL SVN Chicago Commercial Page 16

17 Mr. Cawthon Bio PAUL CAWTHON PROFESSIONAL BACKGROUND Vice President Paul Cawthon serves as a Vice President for SVN Chicago Commercial. He specializes in multi-family, sale and leasing of retail, as well as commercial development property. The Cawthon- Labriola team are specialists in the Pilsen neighborhood, with 60+ transactions completed in the neighborhood over the past few years. 940 West Adams Street, Suite 200 Chicago, IL T C paul.cawthon@svn.com Prior to joining SVN he served as a senior commercial associate with the Chicago office of Inland Real Estate Brokerage, Inc. A business owner for over 15 years, Mr. Cawthon capitalizes on his entrepreneurial skills and experience by offering his clients in-depth analysis of real estate products and financial solutions for their real estate investments. During his extensive real estate career Cawthon has won real estate awards such as the Rookie of the Year award for outstanding sales achievement and Lister of the Year. He has also been featured on the front page of the Chicago Tribune's Sunday Real Estate Section. Mr. Cawthon has participated in many high profile property listings including a portfolio of Class A Lifestyle Retail Centers in the Chicagoland area valuing at over $300 million and a rare redevelopment opportunity in Chicago's Gold Coast area located just off the Magnificent Mile. He has been hired by several municipalities to advise them on redevelopment and attracting retailers to their communities. In 2016, Mr. Cawthon and Angelo Labriola were ranked in the top 7% of all SVN Advisors nationwide. Paul resides with his family in Burr Ridge and in his spare time likes to spend time with his wife, Reda and their two daughters, Sedona and Savanna. SVN Chicago Commercial Page 17

18 Mr. Labriola Bio ANGELO LABRIOLA PROFESSIONAL BACKGROUND Vice President Angelo J. Labriola serves as a Vice President for SVN Chicago Commercial, specializing in the sale of multi-family, mixed-use, development land, retail and industrial property. Throughout his career Labriola has worked towards possessing a well-rounded expertise in all aspects of commercial real estate to better serve his clients. Prior to joining SVN, Mr. Labriola served as a Commercial Associate for Inland Real Estate Brokerage, Inc., a full-service commercial real estate firm based in Oak Brook, IL, and worked out of their satellite sales office located in Chicago, IL. He has participated in many high profile listings, including a portfolio of Class A LifeStyle Retail Centers in the Southwest & Western Suburbs of Chicago, valuing over $300 Million, and a rare redevelopment opportunity in Chicago's Gold Coast at Chicago Ave. & Rush Street, just one block from the Magnificent Mile. Mr. Labriola has been a top producer (ranked in the top 7% of all SVN Advisors nationwide) as well as part of a top producing listing team year over year. His specialties include mixed-use & multi-family assets in the near Loop neighborhoods and, along with business partner Paul Cawthon, they have currently completed over 50 transactions and have multiple more in contract on the horizon. 940 West Adams Street, Suite 200 Chicago, IL T C angelo.labriola@svn.com Mr. Labriola has is currently a part of the Chicago Association of Realtors (CAR), the Illinois Association of Realtors (IAR) and the National Association of Realtors (NAR). He earned a B.S. in Finance and a minor in Economics with an emphasis in Real Estate from DePaul University in Chicago, IL. In his spare time Mr. Labriola enjoys the game of soccer and spending time with his wife and family. EDUCATION B.S. in Finance and a minor in Economics from DePaul University - Chicago, IL MEMBERSHIPS & AFFILIATIONS National Association of Realtors (NAR) Illinois Association of Realtors (IAR) Chicago Association of Realtors (CAR) SVN Chicago Commercial Page 18

19 Paul Cawthon Angelo Labriola Vice President Vice President O O

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