FULLY FURNISHED OFFICE CONDO FOR SALE/LEASE, ACROSS … · 2019. 2. 15. · Rarely available,...

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SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE FULLY FURNISHED OFFICE CONDO FOR SALE/LEASE, ACROSS FROM YORKTOWN MALL 2500 S. HIGHLAND AVENUE, SUITE 345 LOMBARD, IL 60148 Olivia Czyzynski Vice President 312.676.1862 [email protected] Jennifer Hopkins Vice President 312.676.1865 [email protected]

Transcript of FULLY FURNISHED OFFICE CONDO FOR SALE/LEASE, ACROSS … · 2019. 2. 15. · Rarely available,...

Page 1: FULLY FURNISHED OFFICE CONDO FOR SALE/LEASE, ACROSS … · 2019. 2. 15. · Rarely available, 1500sf, fully furnished office condo available for sale or lease in downtown Lombard,

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

FULLY FURNISHEDOFFICE CONDOFOR SALE/LEASE,ACROSS FROMYORKTOWN MALL2500 S. HIGHLAND AVENUE, SUITE 345LOMBARD, IL 60148

Olivia CzyzynskiVice [email protected]

Jennifer HopkinsVice [email protected]

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• Rarely Available, Fully Furnished, 1500sf

Office Condo for Sale/Lease

• Asking Price: $214,900 or $17.00/sf Modified

Gross For Lease

• Directly on Highland Avenue, Immediately

Across from Yorktown Center

• Seconds from I-88, I-355, IL-56 and 22nd

Street

• Professional Property Management

• Low DuPage County Taxes

Property Highlights

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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OFFERING SUMMARY

Size: 1500SF

$214,900 ($143.27)

Lease Price: $17.00/sf MG

2017 Real Estate Taxes: $3,325 ($2.22/sf) Based

on vacancy exemption.

Non vacant taxes est.

at $4,400.

CAM(Assoc. Fee): $4.19/sf

Year Built: 1986

PIN: 06-29-112-018

Market: Chicago

Submarket: Western Suburbs

County: DuPage

PROPERTY OVERVIEWRarely available, 1500sf, fully furnished office condo available for sale or lease indowntown Lombard, immediately across from Yorktown Shopping Center in the 2500S. Highland building. The condo consists of 2 private offices, large conference room,kitchenette/break room with plumbing, and a large reception area. The suite is locatedon the 3rd floor, which is the top floor of the building. The building lobby is anattractively decorated area with inviting, soft seating, marble and wood finishes, and abeautifully arranged and landscaped sitting area. This is truly a great opportunity toown or lease space in a very easily accessible and convenient suburb of Chicago!Furniture included in sale/lease price if desired.

LOCATION OVERVIEWThe subject property is located in the heart of Lombard, directly across the streetfrom Yorktown Center. Surrounded by restaurants, entertainment and shopping, thisproperty is in the center of the commercial district. Located just seconds from theentrance to I-88, I-355, IL-56 and 22nd Street, this is the most ideal office locationwithin Lombard.

Lombard, which is located in DuPage County and just 35 minutes from downtownChicago, is in a mature phase of its physical development and evolution. It is 90%developed and the Village is focused on the improvement and maintenance ofexisting development and encouraging compatible development and redevelopment.At the core of its business district is the Yorktown Shopping Center, a 1.3M sq.ft.Yorktown Center is an enclosed regional shopping mall. Anchor stores includeJCPenney and a flagship Von Maur (whose location is the second largest in the chain)The mall also features two junior anchor stores, HomeGoods and Marshalls, and morethan 100 other stores on its two levels. Other amenities include a food court, AMCTheatres, and an outdoor concourse of shops known as The Shops on Butterfield.

Property Summary

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Floor Plan

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Additional Photos

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Location Maps

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Birdseye Map

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Aerial Map

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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POPULATION 1 MILE 3 MILES 5 MILES

Total population 8,396 89,682 260,894

Median age 41.6 40.0 40.1

Median age (Male) 39.2 36.7 38.2

Median age (Female) 44.2 42.4 41.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,890 35,376 102,308

# of persons per HH 2.2 2.5 2.6

Average HH income $83,071 $93,480 $101,173

Average house value $380,337 $387,216 $407,485

* Demographic data derived from 2010 US Census

Demographics Map

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

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Disclaimer

2500 S. HIGHLAND AVENUE, SUITE 345, LOMBARD, IL 60148 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.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor 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 inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto 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 orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir 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 expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith 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 RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.