2455 W. 79th Street | Sale OM · 2019. 5. 31. · 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL...

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SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE 2455 W. 79TH STREET | $124,900 2455 W 79TH ST CHICAGO, IL 60652 Angelo Labriola Vice President 312.676.1870 [email protected] Paul Cawthon Vice President 312.676.1878 [email protected]

Transcript of 2455 W. 79th Street | Sale OM · 2019. 5. 31. · 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL...

  • SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE

    2455 W. 79THSTREET | $124,9002455 W 79TH STCHICAGO, IL 60652

    Angelo LabriolaVice [email protected]

    Paul CawthonVice [email protected]

  • OFFERING SUMMARY

    Sale Price: $124,900

    Lot Size: 7,332 SF

    Year Built: 1956

    Building Size: 2,952 SF

    Zoning: B1-1

    Market: Chicago

    Submarket: Wrightwood

    Price / SF: $42.31

    2,952 SF vacant retail building on 7,332 SF of land on the corner of 79th & Campbell Street's - directly across thestreet from St. Rita High School. The property is currently vacant and being sold in its as-is where-is condition.Favorable B1-1 Zoning with a variety of retail & other business related uses acceptable. The property also sitswithin the 79th & Southwest Highway TIF District - with ample funds still available.

    PROPERTY OVERVIEW

    Located on the SouthEast corner of 79th & Campbell (a short block west of Western Ave) and directly across the streetfrom St. Rita High School. The area is surrounded by the Beverly neighborhood, Auburn Gresham, Ashburn, EvergreenPark & the city of Oak Lawn. The property is just blocks from the Wrightwood Metra Station (Rock Island Line) andfeatures easy access via public transportation.

    LOCATION OVERVIEW

    PROPERTY HIGHLIGHTS

    • Corner Land Site

    • Across from St Rita High School

    • TIF District

    • Traffic Counts of 16,900 VPD

    Property Summary

    2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    SALE PRICE $124,900

    LOCATION INFORMATION

    Building Name 2455 W. 79th Street

    Street Address 2455 W 79th St

    City, State, Zip Chicago, IL 60652

    County/Township Cook

    Market Chicago

    Submarket Wrightwood

    Cross Streets 79th & Western

    BUILDING INFORMATION

    Building Size 2,952 SF

    Occupancy % 0%

    Number Of Floors 1

    Year Built 1956

    PROPERTY DETAILS

    Property Type Retail

    Property Subtype Strip Center

    Zoning B1-1

    Lot Size 7,332 SF

    APN# 19-36-206-001, & 002-0000

    Real Estate Taxes (2017) $4957.44

    Property Details

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Additional Photos

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Plat Maps

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Location Maps

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    2455 W. 79th Street

    Aerial Map

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    POPULATION 1 MILE 2 MILES 3 MILES

    Total population 29,672 124,444 313,556

    Median age 38.0 34.2 32.8

    Median age (Male) 35.0 30.7 29.6

    Median age (Female) 40.6 37.6 35.6

    HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

    Total households 9,902 39,709 97,392

    # of persons per HH 3.0 3.1 3.2

    Average HH income $59,969 $56,577 $54,627

    Average house value $187,227 $211,693 $224,802

    ETHNICITY (%) 1 MILE 2 MILES 3 MILES

    Hispanic 4.5% 9.5% 21.0%

    RACE (%)

    White 4.2% 10.2% 17.9%

    Black 91.3% 81.9% 65.9%

    Asian 0.3% 0.3% 0.4%

    Hawaiian 0.0% 0.0% 0.0%

    American Indian 0.0% 0.1% 0.1%

    Other 3.6% 6.6% 14.3%

    * Demographic data derived from 2010 US Census

    Demographics Map

  • 2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Retailer Map

  • 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

    2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Mr. Labriola Bio

  • 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

    2455 W. 79TH STREET | 2455 W 79TH ST CHICAGO, IL 60652 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.

    Mr. Cawthon Bio