19600 Harlem Av. - CoStar AH · 2018-12-10 · Office space, Showroom. Restrooms, Warehouse with...

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

www.kwcommercial.com 2

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

TRAFFIC COUNT: 38,000

PRICE / SF: $100.69

PROPERTY OVERVIEWSales price is $2,900,000C-1 Will County zoning,The property is currently used as a retail Garden Center/ Greenhouse.Property includes:Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,7.99 acres

PROPERTY HIGHLIGHTS• Prime Investment Opportunity;

• 7.99 Acres,

• Located ¾ mile north is "Brookside Marketplace," a 174,000 SF big box retailcenter occupied by Super Target, Dick's Sporting Goods, Best Buy, Kohl's,Ulta Beauty,

• Harlem Ave & Vollmer Rd. combined traffic counts over 38,000 per day (28,600Harlem frontage, 10,300 Vollmer Rd.),

• Easy Access to Multiple Expressways; Only 3 miles to I-57; 1 mile to I-80,

• Located on a fast growing South Route 45 corridor,

• Frankfort- Low Will County sales tax & real estate tax

Executive Summary

19600 S. HARLEM AVE. |

http://www.kwcommercial.com


PROPERTY OVERVIEW

Sales price is $2,900,000C-1 Will County zoning,The property is currently used as a retail Garden Center/Greenhouse.Property includes:Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,7.99 acres

LOCATION OVERVIEW

The property is located in Frankfort. Frankfort is a village in WillCounty, Illinois. It is located ¾ mile south of "BrooksideMarketplace," a 174,000 SF big box retail center occupied bySuper Target, Dick's Sporting Goods, Best Buy, Kohl's, UltaBeauty. Harlem Ave & Vollmer Rd. combined traffic counts over38,000 per day (28,600 Harlem frontage, 10,300 Vollmer Rd)

The population was 17,782 at the 2010 census, up from 10,391 in2000. Recently ranked 36th in the nation's fastest growing suburbsby Forbes Magazine, Frankfort is thriving. Known as the "Jewel ofthe South Suburbs." Frankfort has been recognized with theSouthland's Reader's Choice award for "Best Community.Experiencing rapid growth, attracting new residents, commercialand industrial businesses, Frankfort is a premier community withaward-winning schools and exceptional residential, commercialand industrial development. In 2014, Frankfort was named byChicago Magazine as one of the top places to live. In 2016Frankfort was named one of the top ten communities for Illinoisfamilies, and voted among the top 12 safest communities in Illinois.

Chicago is the third largest metropolitan area in the United Stateswith nearly 9.5 million people. The city is an international hub forfinance, commerce, industry, technology, telecommunications, andtransportation, with O’Hare International Airport being thesecond-busiest airport in the world in terms of traffic movements.

Property Description




SALE PRICE $2,900,000

LOCATION INFORMATION

Street Address 19600 S. Harlem Ave.

City, State, Zip Frankfort, IL 60423

County/Township Will

Market Chicago

Submarket South Surburban /Will County

BUILDING INFORMATION

Building Size 28,800 SF

Price / SF $100.69

Tenancy Single

Number Of Floors 1

Load Factor Yes

PROPERTY DETAILS

Property Type Retail

Property Subtype Street Retail

Zoning C-1

Lot Size 7.99 Acres

APN# 1909124220420000

Submarket South Surburban /Will County

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




Additional Photos




Regional Map




Aerial Map




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




Site Plan



19600 Harlem Av. - CoStar AH · 2018-12-10 · Office space, Showroom. Restrooms, Warehouse with...

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