BANKRUPTCY SALE · 2018-05-05 · BANKRUPTCY SALE 112,121 Sq. Ft. Fee-Owned Big Box Retail Store...

BANKRUPTCY SALE112,121 Sq. Ft. Fee-Owned Big Box Retail Store Available

3 Hawthorn Center, Vernon Hills, IL

Property Information Memorandum

Michael Jerbich

(312) 454-2057

[email protected]

ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE.NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THEACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION ISSUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASEAND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TOBANKRUPTCYCOURTAPPROVAL.

Chris Draper

(312) 454-4522

[email protected]

Jim Terrell

(815) 527-5188

[email protected]

Alexandra Graiser

(631) 465-9514

[email protected]

__________________________________________________OFFERING SUMMARY

• OFFERING SUMMARY

Available for sale is a 112,121 Sq. Ft. two-story department store that is currently owner occupied by Carson Pirie Scott (a Bon-Ton store). The property is situated on 8.81 acres. The property is physically attached to and serves as an anchor store for Hawthorn Center.

• OFFERING HIGHLIGHTS

• Excellent opportunity for Big Box / Retail Department Store Users• Additional properties also available• Contact A&G Realty Partners for a complete portfolio list• All offers will be considered

T: 312-454 -2057 www.agrealtypartners.com

__________________________________________________PROPERTY OVERVIEW

• PROPERTY DESCRIPTION

Address:Hawthorn Center3 Hawthorn CenterVernon Hills, IL 60061

County: Lake County

Land Area: 8.81 acres

Building Size: 112,121 Sq. Ft.

Site Shape: Irregular

Site Topography: Level at Street Grade

No. Buildings / Stories: One / Two

Year Built / Renovated: 1973

Parcel ID: 11-33-401-006

Current Property Taxes: $114,081

Zoning: B-1, General Business

Parking:The property contains 522 surface parking spaces. The parking spaces are asphalt-paved and striped.

Site Improvements:The site improvements include asphalt paved parking areas, curbing, signage, landscaping, yard lighting and drainage.


__________________________________________________IMPROVEMENTS OVERVIEW

• IMPROVEMENTS DESCRIPTION

• INTERIOR DETAIL

HVAC:The property has a chilled water system for cooling purposes, and gas-fired boilers for heat located in a mechanical room within the northeast portion of the building.

Elevator Service:The department store building contains a set of escalators, 1 passenger elevator, and 1 freight elevator.

Fire Protection: 100% sprinklered

• MECHANICAL DETAIL

The department store building is oriented along the south side of Hawthorn Center and faces Townline Road, a primary commercial corridor in the neighborhood and provides primary access to the mall’s ring road serving the subject. Primary exterior access to the subject is from the southwest and southeast building elevations. There are no additional exterior entrances. The store also has interior mall access from the two-level mall attached to the north. Generally, the subject store consists of open selling floor with perimeter office, receiving, and storage space.

Floor Covering: Carpet & tile

Walls: Drywall

Lighting: Fluorescent and incandescent

Ceiling: Acoustical tile

Basic Construction: Steel and masonry

Foundation: Reinforced concrete slab

Framing: Structural steel with masonry

Floors: Concrete poured over a metal deck

Exterior Walls: Masonry

Roof Type: Flat with parapet walls

Windows: Thermal windows in aluminum frames

Pedestrian Doors: Glass and metal


__________________________________________________PHOTOGRAPHS


__________________________________________________SURVEY


__________________________________________________AERIAL MAPS


__________________________________________________MAP & LOCATION OVERVIEW

• LOCATION SUMMARY

The property is located in the City of Vernon Hills. Neighborhood boundaries are approximately Golf Road to the north, Interstate 94 to the east, Half Day Road to the south and Lake Street to the west. The downtown area of Chicago is approximately 30 miles to the southeast of the subject property.

• ACCESS SUMMARY

Local: Direct access via Hawthorn Center’s Ring Drive which encircles the mall and connects to both Milwaukee Avenue to the east and the Townline Road to the south. Each of these roads are primary commercial corridors in the neighborhood.

Regional: Townline Road extends east to connect with Interstate 94 less than 2.5 miles east of the subject property. This interstate provides access to the City of Chicago, as well as throughout the Chicagoland area by virtue of other nearby interstate highways.


__________________________________________________CONFIDENTIALITY AND DISCLAIMER

Confidentiality and Conditions

ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO BANKRUPTCY COURT APPROVAL.


BANKRUPTCY SALE · 2018-05-05 · BANKRUPTCY SALE 112,121 Sq. Ft. Fee-Owned Big Box Retail Store...

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Transcript of BANKRUPTCY SALE · 2018-05-05 · BANKRUPTCY SALE 112,121 Sq. Ft. Fee-Owned Big Box Retail Store...