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KW COMMERCIAL 16101 108th Ave Orland Park, IL 60467 WILLIAM MUSTAFA Managing Director 0: 708.261.1150 X11150 C: 708.261.1150 [email protected] IL #471.0197740 19600 Harlem Av OFFERING MEMORANDUM PRESENTED BY: FRANKFORT, IL OFFERING MEMORANDUM

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Page 1: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

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

Page 2: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

Each Office Independently Owned and Operated 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 I-80 Industrial

Corridor

TRAFFIC COUNT: 38,000

PRICE / SF: $100.69

PROPERTY OVERVIEWSales price is $2,900,000The property is currently used as a retail Garden Center/ Greenhouse.Property includes: Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,Truck Shed7.99 acresFencedHighway intersection with road into the property

PROPERTY HIGHLIGHTS• Great development opportunities for floor space, ceiling height, office space

and specific layout of building(s);

• Hot Chicago Industrial Market;

• Near Interstate I-80 & I-57 major transportation routes;

• Great access to natural resources, raw materials and large market place;

• Located on a fast growing South Route 45 corridor;

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

• C-1 Will County zoning, Unincorporated;

• Close proximity to an available and skill labor force, technical schools, colleges& universities;

• Good schools and well developed communities

Executive Summary

19600 HARLEM AV |

Page 3: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

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PROPERTY OVERVIEW

Sales price is $2,900,000The property is currently used as a retail Garden Center/Greenhouse.Property includes: Greenhouses,Office space,Showroom.Restrooms,Warehouse with overhead doors,Truck Shed7.99 acresFencedHighway intersection with road into the property

LOCATION OVERVIEW

Located in the south west Chicago Metropolitan Area, Will Countyand the Village of Frankfort;Near interstate I-80 and I-57;Chicago is the third largest metropolitan area in the United Stateswith nearly 9.5 million people and 5.2 million people inn CookCounty;Logistic, the city location at the center of the U.S., next to LakeMichigan, several major roadways and airports;Chicago is an international hub for finance, commerce, industry,technology, telecommunications, and transportation:O’Hare International Airport is the second-busiest airport in theworld in terms of traffic movements;

The Village of Frankfort population was 17,782 at the 2010 census,up from 10,391 in 2000. Recently ranked 36th in the nation'sfastest growing suburbs by Forbes Magazine, Frankfort is thriving.Known as the "Jewel of the South Suburbs." Frankfort has beenrecognized with the Southland Reader's Choice award for "BestCommunity by experiencing rapid growth, attracting newresidents, commercial and industrial businesses, Frankfort is apremier community with award-winning schools and exceptionalresidential, commercial and industrial development. In 2014,Frankfort was named by Chicago Magazine as one of the topplaces to live. In 2016 Frankfort was named one of the top tencommunities for Illinois families, and voted among the top 12safest communities in Illinois.

Property Description

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Page 4: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

Each Office Independently Owned and Operated kwcommercial.com 4

SALE PRICE $2,900,000

LOCATION INFORMATION

Building Name 19600 Harlem Av

Street Address 19600 S. Harlem Ave.

City, State, Zip Frankfort, IL 60423

County/Township Will

Market Chicago

Submarket South Surburban /Will County I-80 Industrial Corridor

Cross Streets Vollmer Road & Harlem

BUILDING INFORMATION

Building Size 28,800 SF

Price / SF $100.69

Tenancy Single

Number Of Floors 1

Load Factor Yes

PROPERTY DETAILS

Property Type Industrial

Property Subtype Warehouse/Distribution

Zoning C-1

Lot Size 7.99 Acres

APN# 1909124220420000

Submarket South Surburban /Will County I-80 Industrial Corridor

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

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Each Office Independently Owned and Operated kwcommercial.com 5

Additional Photos

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Page 6: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

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19600 Harlem Av

Regional Map

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19600 Harlem Av

Aerial Map

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Page 8: 19600 Harlem Av · 2020-04-23 · Each Office Independently Owned and Operated kwcommercial.com 4 SALE PRICE $2,900,000 LOCATION INFORMATION Building Name 19600 Harlem Av Street Address

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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

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Site Plan

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