GLEN ELLYN, IL 60137 FOR SALE FOR LEASE $1,275,000 RICK GARDELLA Vice President (C) 312.296.9669 rgardella@jameson.com TONY SCHILLACI Commercial Broker (C) 773.491.2572 tschillaci@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: $1,275,000 PROPERTY DESCRIPTION LOT SIZE: BUILDING SIZE: 41,347 SF 22,604 SF Jameson is pleased to offer this investment opportunity for a cap rate investor or end user. The building is located near many large businesses in Glen Ellyn with close proximity to North Ave and St. Charles Road. The building has a strong tenant base with a large upside once the building is fully leased. The property is in excellent condition with minimal oversight needed. YEAR BUILT: 1979 LEASE RATE: $12.00 PSF (400-4,000 SF) ZONING: C-4 PROPERTY HIGHLIGHTS Well maintained building for end user or investor Building approx. 22,604 sq. ft. Approximately 80% office and 20% warehouse Lot size 41,347 sq. ft. RE Taxes approx. $16,500.00 (2015) 14' clear ceiling height Enclosed loading dock Tenant controlled HVAC Close proximity to public transportation Parking for approximately 75 cars Lease info: 400 sf to 4,000 sf at $12.00 PSF 2
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DEMOGRAPHICS MAP 2010 STATISTICS 1 Mile 3 Miles 5 Miles Total Population 11,143 109,914 291,104 Total Number of Households 3,845 39,028 106,888 Average Household Income $109,509 $96,104 $91,632 Median Age 37.9 35.5 37.2 14
DEMOGRAPHICS REPORT POPULATION 1 Mile 3 Miles 5 Miles TOTAL POPULATION 11,143 109,914 291,104 MEDIAN AGE 37.9 35.5 37.2 MEDIAN AGE (MALE) 37.8 34.6 35.9 MEDIAN AGE (FEMALE) 37.7 35.8 38.1 HOUSEHOLDS & INCOME 1 Mile 3 Miles 5 Miles TOTAL HOUSEHOLDS 3,845 39,028 106,888 # OF PERSONS PER HH 2.9 2.8 2.7 AVERAGE HH INCOME $109,509 $96,104 $91,632 AVERAGE HOUSE VALUE $565,795 $424,027 $352,730 RACE & ETHNICITY 1 Mile 3 Miles 5 Miles TOTAL POPULATION - White 8,835 86,872 235,662 TOTAL POPULATION - Black 276 5,135 12,698 TOTAL POPULATION - Hispanic 1,918 19,178 40,906 TOTAL POPULATION - Asian 1,335 11,923 28,771 TOTAL POPULATION - Hawaiian 0 132 181 TOTAL POPULATION - Indian 67 411 767 TOTAL POPULATION - Other 399 3,248 7,984 15
RICK GARDELLA Richard has extensive experience with commercial sales and leasing of vacant land, multi-unit dwellings, retail properties and office space. He is very successful at, and known for acquiring unlisted, pre-marketed properties for his clients ensuring them the best opportunity to build their portfolio. In addition Richard also specializes in creating relationships between investors and developers to create multi-family developments, then marketing these developments throughout Chicago land. Richard P. Gardella joined Century 21 Sussex & Reilly, to head their commercial division in February 2008. Prior to his time at Sussex & Reilly, Richard had spent 13 years in commercial real estate at The Habitat Company, which recently merged into Baird & Warner prior to his leaving. Richard was born and reared in Chicago, holds an Illinois Real Estate Broker s license and earned a bachelor s degree in business from the University of Illinois. He is married, has two children and lives in Naperville, IL. (O) 312.296.9669 rgardella@jameson.com 16
TONY SCHILLACI With over 25 years of real estate experience, Tony s background includes creating and building his own successful development and general contracting companies. He has managed real estate acquisitions and development in excess of $65 million, and has performed $46 million of contracting work. This wide range of experience enables Tony to provide his clients with an invaluable multi-dimensional vantage point. The majority of his work has been tenant improvement, specialized development, and consulting with companies including Newcastle Ltd., Belgravia Group, Vapor for Life, and MSRP Industries. (O) 773.491.2572 tschillaci@jameson.com Tony s extensive construction knowledge enables him to determine a project s feasibility based on cost versus value, to help clients envision a project as a whole. He has also managed and negotiated complex contracts for clients and company-owned properties such as FedEx, Starbucks, Digital Home Technologies, Partex Industries and Strategic Financial Services. From identifying, evaluating and negotiating commercial opportunities, to development and construction consultation, Tony serves as a trusted advisor and advocate. He has built a reputation as a hard-working and straightforward real estate professional who utilizes his experience and talents to identify and close on prime opportunities for his clients. Tony is a member of the Rotary One Club of Chicago, Greater Northwest Chicago Development Corporation, Home Builders Association of Greater Chicago as well as CAR (Chicago Association of Realtors). https://www.youtube.com/watch?v=qlhcukgyas0 17