18TH & RACINE CORNER RETAIL OPPORTUNITY

Transcription

1 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN CHICAGO COMMERCIAL 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL LEASE PROPOSAL

2 PROPERTY INFORMATION 3 Property Summary Property Description Additional Photos Complete Highlights Property Survey LOCATION INFORMATION 9 Location Maps Retailer Map Additional Photos DEMOGRAPHICS 13 Demographics Map ADVISOR BIOS 15 Labriola Bio Cawthon Bio Resume_Map_File_ pdf Back Page 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE, CHICAGO, IL LEASE PROPOSAL

3 1 PROPERTY INFORMATION 1801 S. Racine Ave Chicago, IL TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 3

4 Property Summary OFFERING SUMMARY Available SF: Lease Rate (1,250 SF): Lot Size: 1,250-2,000 SF $2,750 per month (MG) 3,000 SF PROPERTY OVERVIEW 1,250-2,000 SF of prime corner retail space in hot Pilsen, recently named on of the 12 coolest neighborhoods in the WORLD and one of 2 US Cities named. Located on the signalized corner of 18th & Racine directly across the street from Honky Tonk BBQ and steps to Thalia Hall. The space is approximately 30' wide by 75' deep and features a fully accessible basement, tall ceilings, and ability to create a long window-line down 18th Street. PROPERTY HIGHLIGHTS Year Built: 1879 Zoning: B3-2 Located in East Pilsen, one of the 12 Coolest Neighborhoods in the World (Forbes) Lighted Intersection Corner Retail Space Market: Submarket: Chicago Pilsen Across from Honky Tonk & Thalia Hall Long Window Line on 18th 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 4

5 Property Description PROPERTY OVERVIEW 1,250-2,000 SF of prime corner retail space in hot Pilsen, recently named on of the 12 coolest neighborhoods in the WORLD and one of 2 US Cities named. Located on the signalized corner of 18th & Racine directly across the street from Honky Tonk BBQ and steps to Thalia Hall. The space is approximately 30' wide by 75' deep and features a fully accessible basement, tall ceilings, and ability to create a long window-line down 18th Street. LOCATION OVERVIEW Located in Chicago's Pilsen Neighborhood, just named one of the 12 coolest neighborhoods in the WORLD by Forbes and one of only 2 in the USA. Prime corner visibility on the signalized corner of coveted 18th Street & Racine Ave. Located just a few steps to Thalia Hall, Dusek's, Monnie Burke's and the new Paso Trail - a 4-mile bicycle and pedestrian trail that will connect Pilsen & Little Village with University Village. Pilsen is located just Southwest of Chicago's Business District and is less than a mile to UIC and approximately a mile to the Illinois Medical District. The area is serviced by 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 5

6 Additional Photos 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 6

7 Complete Highlights LEASE HIGHLIGHTS Located in East Pilsen, one of the 12 Coolest Neighborhoods in the World (Forbes) Lighted Intersection Corner Retail Space 400 Amp Service Across from Honky Tonk & Thalia Hall Long Window Line on 18th Join Thalia Hall, Dusek's, Monnie Brook's & More 1,250-2,000 SF Available 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 7

8 Property Survey 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 8

9 2 LOCATION INFORMATION 1801 S. Racine Ave Chicago, IL TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 9

10 Location Maps 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 10

11 Retailer Map 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 11

12 Additional Photos 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 12

13 3 DEMOGRAPHICS 1801 S. Racine Ave Chicago, IL TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 13

14 Demographics Map POPULATION 0.25 MILES 0.5 MILES 1 MILE Total population 4,325 13,546 37,745 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE Total households 1,644 5,431 14,670 # of persons per HH Average HH income $39,530 $44,878 $51,744 Average house value $297,175 $295,818 $356,756 * Demographic data derived from 2010 US Census 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 14

15 4 ADVISOR BIOS 1801 S. Racine Ave Chicago, IL TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 15

16 Labriola Bio ANGELO LABRIOLA Vice President PROFESSIONAL BACKGROUND Angelo J. Labriola serves as a Vice President for SVN Chicago Commercial, specializing in the sale of multi-family, mixed-use, development land, retail and industrial property. Throughout his career Labriola has worked towards possessing a well-rounded expertise in all aspects of commercial real estate to better serve his clients. Prior to joining SVN, Mr. Labriola served as a Commercial Associate for Inland Real Estate Brokerage, Inc., a full-service commercial real estate firm based in Oak Brook, IL, and worked out of their satellite sales office located in Chicago, IL. He has participated in many high profile listings, including a portfolio of Class A LifeStyle Retail Centers in the Southwest & Western Suburbs of Chicago, valuing over $300 Million, and a rare redevelopment opportunity in Chicago's Gold Coast at Chicago Ave. & Rush Street, just one block from the Magnificent Mile. Mr. Labriola has been a top producer (ranked in the top 7% of all SVN Advisors nationwide) as well as part of a top producing listing team year over year. His specialties include mixed-use & multi-family assets in the near Loop neighborhoods and, along with business partner Paul Cawthon, they have currently completed over 50 transactions and have multiple more in contract on the horizon. 940 West Adams Street, Suite 200 Chicago, IL T C angelo.labriola@svn.com Mr. Labriola has is currently a part of the Chicago Association of Realtors (CAR), the Illinois Association of Realtors (IAR) and the National Association of Realtors (NAR). He earned a B.S. in Finance and a minor in Economics with an emphasis in Real Estate from DePaul University in Chicago, IL. In his spare time Mr. Labriola enjoys the game of soccer and spending time with his wife and family. EDUCATION B.S. in Finance and a minor in Economics from DePaul University - Chicago, IL MEMBERSHIPS & AFFILIATIONS National Association of Realtors (NAR) Illinois Association of Realtors (IAR) Chicago Association of Realtors (CAR) 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 16

17 Cawthon Bio PAUL CAWTHON Vice President PROFESSIONAL BACKGROUND Paul Cawthon serves as a Vice President for SVN Chicago Commercial. He specializes in multi-family, sale and leasing of retail, as well as commercial development property. The Cawthon- Labriola team are specialists in the Pilsen neighborhood, with 60+ transactions completed in the neighborhood over the past few years. 940 West Adams Street, Suite 200 Chicago, IL T C paul.cawthon@svn.com Prior to joining SVN he served as a senior commercial associate with the Chicago office of Inland Real Estate Brokerage, Inc. A business owner for over 15 years, Mr. Cawthon capitalizes on his entrepreneurial skills and experience by offering his clients in-depth analysis of real estate products and financial solutions for their real estate investments. During his extensive real estate career Cawthon has won real estate awards such as the Rookie of the Year award for outstanding sales achievement and Lister of the Year. He has also been featured on the front page of the Chicago Tribune's Sunday Real Estate Section. Mr. Cawthon has participated in many high profile property listings including a portfolio of Class A Lifestyle Retail Centers in the Chicagoland area valuing at over $300 million and a rare redevelopment opportunity in Chicago's Gold Coast area located just off the Magnificent Mile. He has been hired by several municipalities to advise them on redevelopment and attracting retailers to their communities. In 2016, Mr. Cawthon and Angelo Labriola were ranked in the top 7% of all SVN Advisors nationwide. Paul resides with his family in Burr Ridge and in his spare time likes to spend time with his wife, Reda and their two daughters, Sedona and Savanna. 18TH & RACINE CORNER RETAIL OPPORTUNITY 1801 S. RACINE AVE CHICAGO, IL SVN Chicago Commercial Page 17

18 Paul Cawthon Angelo Labriola Vice President Vice President O O

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