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12,000 SF RETAIL |OFFICE8750 S STONY ISLANDCHICAGO, IL 60617
Paul CawthonVice [email protected]
Angelo LabriolaVice [email protected]
SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE
OFFERING SUMMARY
Price: $499,000
Lot Size: 13,152 SF
Year Built: 1978
Building Size: 12,200 SF
Renovated: 1985
Zoning: B3-2
Market: Chicago
Price / SF: $40.90
Large Brick retail building with 100' of exposure on Stony Island Avenue with 31,300 vehicles per day passing in front ofthe site and an additional 15,000+ vpd at the intersection of 87th & Stony Island.
The property has been extremely well maintained, features an open floor plan and multiple private offices. Perfect formedical, dollar store, Beauty Supply Store, Auto Parts, Non-profit or Community Center.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Corner Location
• Great Area Co-tenants
• Favorable Zoning
• Parking in Rear
• 46,000+ VPD at 87th & Stony Island
Property Summary
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
LIST PRICE $499,000
LOCATION INFORMATION
Building Name 12,000 SF Retail | Office
Street Address 8750 S Stony Island
City, State, Zip Chicago, IL 60617
County/Township Cook
Market Chicago
BUILDING INFORMATION
Building Size 12,200 SF
Year Built 1978
Last Renovated 1985
Load Factor Yes
PROPERTY DETAILS
Property Type Retail
Property Subtype Free Standing Building
Zoning B3-2
Lot Size 13,152 SF
APN# 25-02-208-025,-026-0000
Real Estate Taxes (2017) $12,889
Property Details
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Large Brick retail building with 100' of exposure on Stony Island Avenue with 31,300 vehicles per day passing in front of the site and an additional 15,000+ vpd at theintersection of 87th & Stony Island.
The property has been extremely well maintained, features an open floor plan and multiple private offices. Perfect for medical, dollar store, Beauty Supply Store, Auto Parts,Non-profit or Community Center.
PROPERTY OVERVIEW
Located in Chicago's Calumet Heights neighborhood, and is located approximately 12 miles south of Chicago's Business district. The property features easy access to I-90,I-94 and I-57 as well as easy access to Chicago's Business District via Stony Island Avenue, Rt. 41 and Metras Electric Line that is just a short walk down 87th Street.
The property is surrounded by numerous national, regional and local retailers including Walgreens, CVS, McDonald's, AutoZone.
LOCATION OVERVIEW
Property Description
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Survey
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Floor Plans
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
12,000 SF Retail | Office
Aerial Map
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 11The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Retailer Map
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 2 MILES 3 MILES
Total population 25,691 119,966 248,822
Median age 43.9 39.8 37.9
Median age (Male) 40.6 35.6 34.0
Median age (Female) 47.6 43.0 40.6
HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES
Total households 10,464 48,172 99,810
# of persons per HH 2.5 2.5 2.5
Average HH income $58,922 $49,625 $46,383
Average house value $192,655 $187,333 $190,255
* Demographic data derived from 2010 US Census
Demographics Map
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 13
940 West Adams Street, Suite 200Chicago, IL 60607T 312.676.1878C [email protected]
PROFESSIONAL BACKGROUND
Paul Cawthon serves as a Vice President for SVN | Chicago Commercial. He specializes in multi-family, sale and leasingof retail, as well as commercial development property. The Cawthon- Labriola team are specialists in the Pilsenneighborhood, with 60+ transactions completed in the neighborhood over the past few years.
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 offeringhis clients in-depth analysis of real estate products and financial solutions for their real estate investments. During hisextensive real estate career Cawthon has won real estate awards such as the Rookie of the Year award for outstandingsales achievement and Lister of the Year. He has also been featured on the front page of the Chicago Tribune's SundayReal Estate Section. Mr. Cawthon has participated in many high profile property listings including a portfolio of Class ALifestyle Retail Centers in the Chicagoland area valuing at over $300 million and a rare redevelopment opportunity inChicago's Gold Coast area located just off the Magnificent Mile. He has been hired by several municipalities to advisethem 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 twodaughters, Sedona and Savanna.
PAUL CAWTHON
Vice President
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Mr. Cawthon Bio
940 West Adams Street, Suite 200Chicago, IL 60607T 312.676.1870C [email protected]
PROFESSIONAL BACKGROUND
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 towardspossessing a well-rounded expertise in all aspects of commercial real estate to better serve his clients. Prior to joiningSVN, Mr. Labriola served as a Commercial Associate for Inland Real Estate Brokerage, Inc., a full-service commercial realestate firm based in Oak Brook, IL, and worked out of their satellite sales office located in Chicago, IL. He hasparticipated 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 atChicago Ave. & Rush Street, just one block from the Magnificent Mile. Mr. Labriola has been a top producer (ranked in thetop 7% of all SVN Advisors nationwide) as well as part of a top producing listing team year over year. His specialtiesinclude mixed-use & multi-family assets in the near Loop neighborhoods and, along with business partner PaulCawthon, they have currently completed over 50 transactions and have multiple more in contract on the horizon.
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 emphasisin Real Estate from DePaul University in Chicago, IL. In his spare time Mr. Labriola enjoys the game of soccer andspending 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)
ANGELO LABRIOLA
Vice President
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 15The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Mr. Labriola Bio
12,000 SF RETAIL | OFFICE | 8750 S STONY ISLAND CHICAGO, IL 60617 SVN | Chicago Commercial | Page 16The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Disclaimer
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for 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 in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to 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 or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their 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 expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with 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 Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.
All SVN® Offices Independently Owned & Operated | 2019 All Right Reserved
940 West Adams Street, Suite 200Chicago, IL 60607
312.676.1878svnchicago.com
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