SHOPS OF RAVENWOOD SQUAREravenwoodsquare.com/wp-content/uploads/2014/07/Ravenwood...Age 45 - 54 732...
Transcript of SHOPS OF RAVENWOOD SQUAREravenwoodsquare.com/wp-content/uploads/2014/07/Ravenwood...Age 45 - 54 732...
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RavenwoodSqaure.com (708) 672-7775
RAVENWOOD SQUARE S H O P S O F
10033 Wicker Avenue, St. John IN 46373
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The area: Welcome to the 20,000 square foot Ravenwood Square Strip Mall, located in Northwest Indiana just 45 minutes southeast of downtown Chicago. Situated directly on Route 41 (also called “Wicker Avenue”) in the populous city of St. John, Ravenwood Square is a premier loca on for businesses, restaurants, and retail stores. Because Northwest Indiana is such an important as-pect of Chicago commerce, this area, with an average household income of almost $100,000, has steadily been a rac ng a tremendous amount of commercial development. Many residents of this wealthy region use Route 41 for their commute to Downtown Chicago, driving right past this Center twice a day.
The location: Elevated high above Route 41, the es mated 28,000-plus vehicles passing the site each day are able to easily see each of the full glass front stores of Ravenwood Square. Plans have been ap-proved for a stoplight which will feed traffic from Route 41 into the Ravenwood shopping area, and there are also entry points from roads to the north and east, giving shoppers safe and easy access to the tenant’s businesses. The property directly north (see the “Area Development” page) is home to Target, Strack & Van Til grocery store, two banks, Tractor Supply, an Aldi gro-cery store, and Starbucks. The strategic loca on of Ravenwood Square takes full advantage of a region with rising median income and exploding new construc on.
The building: The appealing Ravenwood Square was constructed with careful a en on to the needs of pro-spec ve tenants and their clients. Customers are drawn to the rich red brick and bronze win-dow frames, and the full floor-to-ceiling glass front windows are accented with luxurious awn-ings and elegant English style an que bronze fixtures. The center includes a diverse and reputa-ble mix of local and na onal tenants. The building and grounds are very well groomed and maintained.
If you have any ques ons, please don’t hesitate to contact Paul DeBoer at 708-672-7775. We look forward to working with you.
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Area Development
45 minutes from downtown Chicago
Exploding new construc on
Average Household income almost $100K
Es mated 28,000 cars daily
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Site Layout
Unit SqFt Notes 1 1540 Drivethrough; Endcap 2 1494 3 1340 4 1341 5 1340 6 1364 7 1494
Unit SqFt Notes 8 1485 9 1692 10 988 11 1340 12 1341 13 1494 14 1540 Endcap
101s
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Dem
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Nielsen© Es mates for 2014 1 Mile 3 Miles 5 Miles Average Household Income $99,505 $99,316 $85,525
Households 1,628 8,422 27,554
Popula on 4,707 24,952 77,282
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Radius: 1 Mile Radius: 3 Mile Radius: 5 Mile
2014 Est. HHs by HH Income 1,628 8,422 27,976
CY HHs, Inc < $15,000 70 314 1,565
CY HHs, Inc $15,000 - $24,999 67 402 1,805
CY HHs, Inc $25,000 - $34,999 97 515 2,141
CY HHs, Inc $35,000 - $49,999 177 928 3,280
CY HHs, Inc $50,000 - $74,999 300 1,508 5,926
CY HHs, Inc $75,000 - $99,999 250 1,374 4,654
CY HHs, Inc $100,000 - $124,999 208 1,099 3,211
CY HHs, Inc $125,000 - $149,999 172 905 2,307
CY HHs, Inc $150,000 - $199,999 175 794 1,837
CY HHs, Inc $200,000 - $249,999 62 282 585
CY HHs, Inc $250,000 - $499,999 46 260 581
CY HHs, Inc $500,000+ 5 40 83
Owner Occupied (%) 1,524 (94%) 7,988 (95%) 23,918 (85.5%)
Renter Occupied (%) 104 (6%) 435 (5%) 4,058 (14.5%)
2014 Es mated Popula on by Age
Age 0 - 4 310 1,486 4,378
Age 5 - 9 316 1,558 4,551
Age 10 - 14 351 1,866 5,203
Age 15 - 17 230 1,230 3,432
Age 18 - 20 194 1,052 3,528
Age 21 - 24 223 1,247 4,087
Age 25 - 34 412 2,206 8,225
Age 35 - 44 639 3,144 9,486
Age 45 - 54 732 4,170 12,064
Age 55 - 64 667 3,762 11,425
Age 65 - 74 412 2,107 6,716
Age 75 - 84 165 858 3,083
Age 85 and over 55 265 1,104
Age 18 and over 3,499 18,812 59,718
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Radius: 1 Mile Radius: 3 Mile Radius: 5 Mile
2000 Census 3,311 15,931 61,480
2014 Es mate (% Change 2000-2014) 4,707 (42%) 24,939 (56.5%) 77,330 (26%)
2019 Projec on (% Change 2014-2019) 4,899 (4%) 26,235 (5%) 79,293 (2.5%)
Household Change
2000 Census 1,121 5,357 21,696
2014 Es mate (% Change 2000-2014) 1,628 (42%) 8,417 (57%) 27,997 (29%)
2019 Projec on (% Change 2014-2019) 1,678 (3%) 8,759 (4%) 28,582 (2%)
Popula on by Race (2014)
Total 4,707 24,952 77,282
White Alone 4,341 23,164 68,795
Black Alone 70 338 3,221
American Indian Alone 5 32 129
Asian or Pacific Islander Alone 74 323 1,415
Some Other Race Alone 155 766 2,421
Two of More Races 62 328 1,301
Less than 9th grade 83 412 1,595
Some High School, no diploma 124 601 2,196
High School Graduate (or GED) 814 4,724 16,722
Some College, no degree 650 3,180 10,974
Associate Degree 366 2,002 5,281
Bachelor's Degree 702 3,774 10,361
Master's Degree 247 1,431 3,868
Professional School Degree 81 310 805
Doctorate Degree 15 79 301
2014 Es mated Popula on Age 25+ by Educa onal A ainment
Popula on Change
Hispanic or La no 467 2,348 7,442
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Intersection AADT Year counted Notes:
Traffic Count 1 82nd 29,660 2012
Traffic Count 2 93rd 29,042 2007
Traffic Count 3 97th 26,730 2012 Stoplight for Target
Traffic Count 4 109th (Rt 231) 19,307 2012
28,000 Ravenwood Square
INDOT Traffic counts for Route 41 (Wicker Avenue)
Traffic Count
Traffic Count 3
Traffic Count 2
Traffic Count 1
R AVENWOOD S QUARE 28,000 Cars Daily