CHICAGO, IL 60641 FOR SALE $565,000 EMANUEL GRIVAS Commercial Broker (C) 312.925.1010 egrivas@jameson.com Jameson Commercial Real Estate 425 W. North Ave Chicago, IL 60610 jamesoncommercial.com Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.
EXECUTIVE SUMMARY SALE PRICE: $565,000 LOT SIZE: 3,650 SF BUILDING SIZE: 3,650 SF TAXES: $19,927.83 (2015) ZONING: B3-1 PROPERTY DESCRIPTION Jameson Commercial Real Estate is pleased to present this FOR SALE opportunity in the very desirable Avondale Neighborhood of Chicago. This property is located on the corner of Pulaski and Nelson across from several national retailers. This investment offering is a great opportunity for an owner operator with $2,000 monthly income from the restaurant. The restaurant is currently on a month to month lease but is willing to sign a new lease with new ownership. PROPERTY HIGHLIGHTS Great opportunity for owner user Income in place from restaurant Restaurant willing to sign long term lease with new ownership High traffic street Huge upside potential 2
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DEMOGRAPHICS MAP 2010 STATISTICS 0.5 Miles 1 Mile 1.5 Miles Total Population 17,838 63,404 145,001 Total Number of Households 5,977 21,329 48,916 Average Household Income $52,237 $57,084 $57,649 Median Age 31.7 32.4 32.0 6
DEMOGRAPHICS REPORT POPULATION 0.5 Miles 1 Mile 1.5 Miles TOTAL POPULATION 17,838 63,404 145,001 MEDIAN AGE 31.7 32.4 32.0 MEDIAN AGE (MALE) 29.5 30.9 31.3 MEDIAN AGE (FEMALE) 34.4 34.1 33.2 HOUSEHOLDS & INCOME 0.5 Miles 1 Mile 1.5 Miles TOTAL HOUSEHOLDS 5,977 21,329 48,916 # OF PERSONS PER HH 3.0 3.0 3.0 AVERAGE HH INCOME $52,237 $57,084 $57,649 AVERAGE HOUSE VALUE $342,010 $360,213 $367,872 RACE & ETHNICITY 0.5 Miles 1 Mile 1.5 Miles TOTAL POPULATION - White 10,197 34,649 76,369 TOTAL POPULATION - Black 226 1,794 6,602 TOTAL POPULATION - Hispanic 12,194 42,512 93,703 TOTAL POPULATION - Asian 517 2,290 5,820 TOTAL POPULATION - Hawaiian 0 0 16 TOTAL POPULATION - Indian 127 192 433 TOTAL POPULATION - Other 6,588 23,602 53,406 7
EMANUEL GRIVAS Emanuel is a multi-family, mixed-use and commercial real estate broker. He advises his clients on the acquisition and disposition of real estate assets in support of their long-term goals. Emanuel uses his market knowledge, experience and keen eye for location selection. He is constantly studying market and lifestyle trends in order to better understand the habits of the city of Chicago and it s residents. Prior to joining Jameson Commercial, Emanuel was an investment associate of Marcus & Millichap's National Retail Group and Net-Leased Properties Group specializing in retail and net-leased assets in the city and suburbs. During his time at M&M, Emanuel honed his skills of property analysis and contract negotiation, as well as, thoroughly and aggressively marketing properties. Emanuel also draws from experience as an owner-operator of several restaurants and bars. As a restaurateur, Emanuel s strengths include concept creation, site selection, permitting, construction oversight and promotions. All of these experiences have given Emanuel a profound understanding of business, management processes and marketing. (O) 312.925.1010 (C) 312.925.1010 egrivas@jameson.com Emanuel is a member of the International Council of Shopping Centers. He is a host committee member of Urban Initiatives, a non-profit organization that provides programs to Chicago Public Schools. He lives with his wife and 2 sons in Chicago s Wrigleyville neighborhood. Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation. 8