Multi-Tenant Strip Center For Sale

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PROPERTY OVERVIEW PROPERTY HIGHLIGHTS DETAILS Sale Price $680,000 Lot Size 0.37 Acres Building Size 15,100 SF Year Built 2005 Zoning F (Business District) Market South Suburban Sub Market Near South Cook County Cross Streets 147th St. & Kedzie Ave. Traffic Count 19,938 15,100 square-foot, multi-tenant retail shopping center for sale along South Kedzie Avenue in Posen, Illinois. The center benefits from excellent visibility and exposure to nearly 20,000 vehicles per day along Kedzie Avenue. Currently, the center is 49% occupied with tenants in five (5) of the ten (10) existing retail spaces. Excellent value-add opportunity for an investor to purchase a newer construction asset (2005) with income in-place, located adjacent to a freestanding Walgreens, and well-situated just south of a highly-trafficked intersection in south suburban Chicago. MATTHEW TARSHIS Vice President ANDREW RUBIN Vice President [email protected] (P) 224.628.4005 (C) 224.628.4005 [email protected] (P) 847.780.8063 (C) 847.542.9058 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. Frontline Real Estate Partners frontlinerepartners.com 477 Elm Place Highland Park, IL 60035 14727-51 S. KEDZIE AVE. | POSEN, IL 60469 Multi-Tenant Strip Center For Sale Strong visibility and exposure to nearly 20,000 VPD along Kedzie Avenue Center is of newer construction (2007) and maintains the ability to attract strong credit tenants Surface lot with capacity for 66 vehicles available on site

Transcript of Multi-Tenant Strip Center For Sale

P R O P E R T Y O V E R V I E W

P R O P E R T Y H I G H L I G H T S

D E TA I L S

Sale Price $680,000

Lot Size 0.37 Acres

Building Size 15,100 SF

Year Built 2005

Zoning F (Business District)

Market South Suburban

Sub Market Near South Cook

County

Cross Streets 147th St. & Kedzie

Ave.

Traffic Count 19,938

15,100 square-foot, multi-tenant retail shopping center for sale along South KedzieAvenue in Posen, Illinois. The center benefits from excellent visibility and exposure tonearly 20,000 vehicles per day along Kedzie Avenue. Currently, the center is 49%occupied with tenants in five (5) of the ten (10) existing retail spaces.

Excellent value-add opportunity for an investor to purchase a newer construction asset(2005) with income in-place, located adjacent to a freestanding Walgreens, andwell-situated just south of a highly-trafficked intersection in south suburban Chicago.

MATTHEW TARSHIS Vice President

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.780.8063 (C) 847.542.9058

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

14727-51 S. KEDZIE AVE. | POSEN, IL 60469

Multi-Tenant Strip Center For Sale

• Strong visibility and exposure to nearly 20,000 VPD along Kedzie Avenue

• Center is of newer construction (2007) and maintains the ability to attract strong

credit tenants

• Surface lot with capacity for 66 vehicles available on site

477 Elm Place, Highland Park, IL 60035

www.frontlinerepartners.com

Kedzie Plaza Rent Roll

LOCATION MAPS

Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469

FOR SALE

MATTHEW TARSHIS Vice President

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.780.8063 (C) 847.542.9058

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

DEMOGRAPHICS MAP

Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469

FOR SALE

MATTHEW TARSHIS Vice President

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.780.8063 (C) 847.542.9058

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 3,701 29,628 96,173

# OF PERSONS PER HH 3.3 3.0 2.9

AVERAGE HH INCOME $56,487 $53,523 $59,637

AVERAGE HOUSE VALUE $174,708 $161,275 $180,794

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 12,379 89,970 274,163

POPULATION DENSITY 12,379 89,970 274,163

MEDIAN AGE 34.0 34.5 35.5

MEDIAN AGE (MALE) 31.9 32.3 33.6

MEDIAN AGE (FEMALE) 35.5 36.7 37.5

ADDITIONAL PHOTOS

Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469

FOR SALE

MATTHEW TARSHIS Vice President

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.780.8063 (C) 847.542.9058

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035