9600 N MILWAUKEE, NILES IL. $1,590,000 -...
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Transcript of 9600 N MILWAUKEE, NILES IL. $1,590,000 -...
F O R S A L E | R E T A I L R E - D E V E L O P M E N T S I T E
STEVEN GOLDSTEIN (P) 312.840.9002 [email protected]
9600 N MILWAUKEE, NILES IL. > $1,590,000
9600 N MILWAUKEE, NILES IL.
F O R S A L E | R E T A I L R E - D E V E L O P M E N T S I T E
CHICAGOBROKER.COM
STEVEN GOLDSTEIN(P) 312.840.9002
SALE OVERVIEW
SALE PRICE: $1,590,000
LOT SIZE: 21,599 SF
BUILDING SIZE: 3,000 SF
YEAR BUILT: 1980's
ZONING: Commercial
MARKET: Chicago
CROSS STREETS: Golf and Milwaukee
AREA HIGHLIGHTS
• Highly Visible Corner Retail Location
• Across from Golf Mill Mall
AREA TENANTS
• Starbucks
• CVS
• McDonalds
• Target
TRANSPORTATION HIGHLIGHTS
• Golf Station - Milwaukee North Line
• Dee Rd Station - Union Pacific Line
• Bus Stop Nearby
• Close to Major Expressways
PROPERTY DESCRIPTION
Excellent corner location at the high traffic intersection ofGolf and Milwaukee in Niles. Current tenant can beterminated or relocated to smaller building leaving the 1856SF front building for a new tenant.
PROPERTY HIGHLIGHTS
• Approx. 1,800-3,000 sf Existing Buildings on 1/2 Acre Site
• NWC of Golf and Milwaukee - 38k VPD pass by this site
• Existing tenant can be terminated for redevelopment
• Directly Across from Golf Mill and Adjacent to New CVS
• Area Retailers Include Toys R Us, Walmart, Jewel, CVS
• Close to 294 and Kennedy Expressway
• Site Currently has 2 Curb Cuts and 10 Parking Spaces
• Taxes $2.32 PSF based on 21,599 Ft Site
SITE PLAN9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
SURVEY9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
AERIAL MAP9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
ADDITIONAL PHOTOS9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
ADDITIONAL PHOTOS9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
AERIAL & STREET DETAIL9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
RETAILER MAP9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
TRAFFIC COUNTS9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
DEMOGRAPHICS MAP9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
2010 STATISTICS 1 Mile 3 Miles 5 Miles
Total Population 23,074 137,649 323,338
Total Number of Households 8,710 51,154 123,502
Average Household Income $61,862 $90,593 $96,494
Median Age 42.0 42.5 42.9
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
TOTAL POPULATION 23,074 137,649 323,338
MEDIAN AGE 42.0 42.5 42.9
MEDIAN AGE (MALE) 39.6 40.5 40.9
MEDIAN AGE (FEMALE) 43.8 44.0 44.4
TOTAL HOUSEHOLDS 1 Mile 3 Miles 5 Miles
TOTAL HOUSEHOLDS 8,710 51,154 123,502
# OF PERSONS PER HH 2.6 2.7 2.6
AVERAGE HH INCOME $61,862 $90,593 $96,494
AVERAGE HOUSE VALUE $337,702 $382,960 $430,301
POPULATION 1 Mile 3 Miles 5 Miles
TOTAL POPULATION - White 13,599 99,534 251,922
TOTAL POPULATION - Black 686 2,826 4,597
TOTAL POPULATION - Hispanic 2,262 11,430 29,302
TOTAL POPULATION - Asian 7,424 28,751 49,312
TOTAL POPULATION - Hawaiian 0 55 144
TOTAL POPULATION - Indian 0 69 271
TOTAL POPULATION - Other 1,124 4,655 12,538
DEMOGRAPHICS REPORT9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
DEMOGRAPHIC SUMMARY9600 N MILWAUKEECHICAGO NORTH, NILES, IL 60714
STEVEN GOLDSTEIN(P) 312.840.9002
425 West North Avenue | Chicago, IL 60610ChicagoBroker.com
ChicagoBroker Team
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation 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.
JAMESONCOMMERCIAL.COM
STEVEN GOLDSTEIN(P) 312.840.9002
9600 N MILWAUKEE
STEVEN GOLDSTEIN
(O) 312.840.9002(C) [email protected]
ABOUT YOUR AGENT
Steven R. Goldstein is a long time Chicago Commercial Real Estate broker and leads The ChicagoBroker Team at JamesonCommercial.
Steve entered the real estate brokerage and development business in 1988 and formed his own company shortly thereafterwith a focus on helping Chicago area business find better solutions for their real estate challenges.
The ChicagoBroker.com Team at Jameson Commercial provides commercial real estate brokerage and consulting services inthe Chicago area with a specialization in tenant and buyer representation, office and retail leasing services, developer siteselection property sales and dispositions and real estate development consulting.
TENANT REPRESENTATION SERVICES
Steve has specialized in tenant representation since he started his commercial real estate. He has extensive experience inrepresenting a multitude of different businesses types including professional service firms, creative office users, technologycompanies, new business start ups, medical office tenants, call centers, financial services firms, restaurants, retail users anda myriad of other business types. His market knowledge, extensive deal experience and proven strategies for identifying theright property for his client and negotiating tenant/buyer friendly transactions has saved his clients substantial time andmoney in their commercial real estate decisions.
LANDLORD REPRESENTATION SERVICES
Steve has worked with a variety of property owners over the years, ranging from small buildings controlled by individualinvestors to larger properties with institutional ownership.
He has assisted his landlord clients in finding excellent tenants for office, retail, medical, restaurant, loft and light industrialproperties throughout the Chicagoland area. The market knowledge and experience that Steve brings to the table as a tenantrepresentative has helped him to apply creativity and a unique market perspective to ownership that facilitates leasing activityand favorable market transactions in their properties.
REAL ESTATE INVESTMENT & DEVELOPMENT SERVICES
Steve is active as both a real estate investor and developer in addition to his activities as a commercial broker. He hasextensive experience in renovation and repositioning of office and retail assets in Chicago and has personally been involved inthe redevelopment of over 100,000 ft of commercial space in the Chicago area.
EDUCATIONAL BACKGROUND
University of Illinois 1988: BA Psychology & PhilosophyArea of Concentration: Negotiation BehaviorCCIM Commercial RE CurriculumState of Illinois Licensed Real Estate Broker since 1988
PROFESSIONAL ORGANIZATIONS & AFFILIATIONS:
• Jameson / Sotheby’s• ROFO.com• 42Floors.com• Officefinder.com• Realtors Association• CAR• Real Estate Connectors
PROFESSIONAL ORGANIZATIONS & AFFILIATIONS:• Jameson / Sotheby’s• ROFO.com• 42Floors.com• Officefinder.com• Realtors Association• CAR• Real Estate Connectors
EDUCATIONAL BACKGROUND
University of Illinois 1988: BA Psychology & PhilosophyArea of Concentration: Negotiation BehaviorCCIM Commercial RE CurriculumState of Illinois Licensed Real Estate Broker since 1988