SITE HIGHLIGHTS. Office/Retail Investments Leasing Asset Management Industrial Apartments Land & 1031 s Tenant Representation

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Eustace Ray
5 years ago
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1 Frankfort Crossings PROPERTY HIGHLIGHTS Fast growing area! 52% increase in housing units since 2000 Existing restaurant/bar is fully operational and site can be purchase for either redevelopment or continued use as restaurant/bar with huge potential Existing building is approx. 8,200 sf, plus house Plenty of parking, 5,000 sf beer garden provides huge potential for new owner to expand existing business LOCATION HIGHLIGHTS Heavy traffic on Lincoln Highway 15,000 VPD Four way access onto Lincoln Highway Convenient to Harlem & LaGrange Ave. 5 minutes to full interchange at I W. LINCOLN HIGHWAY FRANKFORT, IL Low Will County taxes AREA RETAILERS & NEW DEVELOPMENTS McDonald s Walgreen s Mariano s Speedway Jewel-Osco Frankfort Library PNC Bank Advocate Health 2.6 ACRE DEVELOPMENT SITE! OFFICE, RETAIL, MEDICAL, SENIOR LIVING OR RESIDENTIAL OFFERED AT $1,400,000 SITE HIGHLIGHTS 113,386 SF of land 2.60 acres (to be confirmed) 2 lots zoned commercial (C2) 1 lot zoned residential Listed by: JOSHUA BUDNY Matrix Realty Group Tel: (708) Fax: (708) Cell: (773) JBudny@MatrixRealtyGroup.com Office/Retail Investments Leasing Asset Management Industrial Apartments Land & 1031 s Tenant Representation Matrix Realty Group believes this information to be reliable, however, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to age and square footage are approximate. Any Buyer must verify the all information and shall bear all risk for any inaccuracies. Use due diligence.

2 FRANKFORT CROSSINGS SURROUNDING RESIDENTIAL DEVELOPMENT

Frankfort Crossings INVESTMENT HIGHLIGHTS Commercial Redevelopment: This offering allows a developer or investor to acquire a well situated parcel of land available for immediate redevelopment for

3 Frankfort Crossings INVESTMENT HIGHLIGHTS Commercial Redevelopment: This offering allows a developer or investor to acquire a well situated parcel of land available for immediate redevelopment for either medical, office, retail, senior living or mixed use development. The immediate area has seen tremendous growth during the last 10 years, especially in the number of housing units. There will be continued growth as the south suburbs and Will County continue to be an attractive alternative for new housing. Restaurant, Bar or Club Redevelopment: Alternatively, a restaurant or bar owner could re-position this asset and expand the current business by adding volleyball pits or other outdoor attractions and renovating the existing interior and exterior spaces. Banquet business could also be considered given the large facility, ability to expand the building and the large amount of available parking. Gaming license is in place. There is virtually no competition in the surrounding area offering such a large restaurant and bar/club area and there is unlimited potential to renovate and expand the existing business.

Village of Frankfort HISTORIC DOWNTOWN FRANKFORT VILLAGE OF FRANKFORT HIGHLIGHTS 2010 Population 17,782 Average Household Income $130,648 Median Home Price $376,724 Recently ranked 36th in the

4 Village of Frankfort HISTORIC DOWNTOWN FRANKFORT VILLAGE OF FRANKFORT HIGHLIGHTS 2010 Population 17,782 Average Household Income $130,648 Median Home Price $376,724 Recently ranked 36th in the nation's fastest growing suburbs by Forbes Magazine, Frankfort is thriving. Known as the "Jewel of the South Suburbs." Frankfort has been recognized with the Southland's Reader's Choice award for "Best Community. Experiencing rapid growth, attracting new residents, commercial and industrial businesses, Frankfort is a premier community with award-winning schools and exceptional residential, commercial and industrial development. The site is in un-incorporated Frankfort. (source DEMOGRAPHIC HIGHLIGHTS 1-mi. 3-mi. 5-mi Household Income $110,312 $97,299 $92, Adult Population 5,400 29,000 84,000 (SOURCE LOOPNET.COM)

5 FRANKFORT CROSSINGS PROPERTY DESCRIPTION Property Description: Year Built Commercial 1975 (approximate, per Will County) Residential 1935 Total Square footage 113,386 SF of land (to be verified by surveyor) Pin Numbers: , , Grade: Site is generally flat and clear of trees. Mechanicals & Roof: Rooftop units: Roof: Unknown Part shingle, part flat, age and condition unknown. Recent improvements: Parking lot: Parking lot has been recently replaced Site improvements: Existing buildings are served with water, electric, sewer. New development will have to distribute existing utilities accordingly.

6 FRANKFORT CROSSINGS SITE ACCESS

Total Payment: $15,671. Office/Retail Investments Leasing Asset Management Industrial Apartments Land & 1031 s Tenant Representation

Total Payment: $15,671. Office/Retail Investments Leasing Asset Management Industrial Apartments Land & 1031 s Tenant Representation 6B Tax Status 12545-49 LARAMIE ALSIP, IL PROPERTY HIGHLIGHTS Class 6B tax incentive in place Recently renovated offices Appr. 2-3k sf total Well maintained property New HVAC in the 6,000 sf unit 3 Drive