19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4...
Transcript of 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4...
KW COMMERCIAL
16101 108th Ave
Orland Park, IL 60467WILLIAM MUSTAFAManaging Director0: 708.261.1150 X11150C: [email protected] #471.0197740
19600 Harlem Av
OFFERING MEMORANDUM
PRESENTED BY:
FRANKFORT, IL
OFFERING MEMORANDUM
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OFFERING SUMMARY
SALE PRICE: $2,900,000
LOT SIZE: 7.99 Acres
BUILDING SIZE: 28,800 SF
ZONING: C-1
MARKET: Chicago
SUBMARKET:
South Surburban /Will
County I-80 Industrial
Corridor
TRAFFIC COUNT: 38,000
PRICE / SF: $100.69
PROPERTY OVERVIEWSales price is $2,900,000The property is currently used as a retail Garden Center/ Greenhouse.Property includes: Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,Truck Shed7.99 acresFencedHighway intersection with road into the property
PROPERTY HIGHLIGHTS• Great development opportunities for floor space, ceiling height, office space
and specific layout of building(s);
• Hot Chicago Industrial Market;
• Near Interstate I-80 & I-57 major transportation routes;
• Great access to natural resources, raw materials and large market place;
• Located on a fast growing South Route 45 corridor;
• Frankfort- Low Will County sales tax & real estate tax;
• C-1 Will County zoning, Unincorporated;
• Close proximity to an available and skill labor force, technical schools, colleges& universities;
• Good schools and well developed communities
Executive Summary
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PROPERTY OVERVIEW
Sales price is $2,900,000The property is currently used as a retail Garden Center/Greenhouse.Property includes: Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,Truck Shed7.99 acresFencedHighway intersection with road into the property
LOCATION OVERVIEW
Located in the south west Chicago Metropolitan Area, Will Countyand the Village of Frankfort;Near interstate I-80 and I-57;Chicago is the third largest metropolitan area in the United Stateswith nearly 9.5 million people and 5.2 million people inn CookCounty;Logistic, the city location at the center of the U.S., next to LakeMichigan, several major roadways and airports;Chicago is an international hub for finance, commerce, industry,technology, telecommunications, and transportation:O’Hare International Airport is the second-busiest airport in theworld in terms of traffic movements;
The Village of Frankfort population was 17,782 at the 2010 census,up from 10,391 in 2000. Recently ranked 36th in the nation'sfastest growing suburbs by Forbes Magazine, Frankfort is thriving.Known as the "Jewel of the South Suburbs." Frankfort has beenrecognized with the Southland Reader's Choice award for "BestCommunity by experiencing rapid growth, attracting newresidents, commercial and industrial businesses, Frankfort is apremier community with award-winning schools and exceptionalresidential, commercial and industrial development. In 2014,Frankfort was named by Chicago Magazine as one of the topplaces to live. In 2016 Frankfort was named one of the top tencommunities for Illinois families, and voted among the top 12safest communities in Illinois.
Property Description
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SALE PRICE $2,900,000
LOCATION INFORMATION
Building Name 19600 Harlem Av
Street Address 19600 S. Harlem Ave.
City, State, Zip Frankfort, IL 60423
County/Township Will
Market Chicago
Submarket South Surburban /Will County I-80 Industrial Corridor
Cross Streets Vollmer Road & Harlem
BUILDING INFORMATION
Building Size 28,800 SF
Price / SF $100.69
Tenancy Single
Number Of Floors 1
Load Factor Yes
PROPERTY DETAILS
Property Type Industrial
Property Subtype Warehouse/Distribution
Zoning C-1
Lot Size 7.99 Acres
APN# 1909124220420000
Submarket South Surburban /Will County I-80 Industrial Corridor
Lot Frontage 665
Lot Depth 520
Traffic Count 38,000
Traffic Count Street Harlem Ave & Vollmer Rd.
MLS ID# 10118405
PARKING & TRANSPORTATION
Parking Price Per Month $64/month
Parking Type Surface
Property Details
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Additional Photos
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19600 Harlem Av
Regional Map
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19600 Harlem Av
Aerial Map
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POPULATION 1 MILE 3 MILES 5 MILES
Total population 6,968 53,128 155,077
Median age 37.8 39.9 39.4
Median age (male) 36.0 37.4 37.6
Median age (Female) 39.2 41.6 40.8
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,445 19,116 55,750
# of persons per HH 2.8 2.8 2.8
Average HH income $82,329 $83,872 $86,395
Average house value $220,719 $278,996 $285,495
* Demographic data derived from 2010 US Census
Demographics Map
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Site Plan
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