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3134-3136 WEST MARQUETTE ROADChicago, IL 60629
OFFERING MEMORANDUM
N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E
Confidentiality and DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other
person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to
provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of
interest in the subject property. The information contained herein is not a substitute for a thorough due diligence
investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with
respect to the income or expenses for the subject property, the future projected financial performance of the
property, the size and square footage of the property and improvements, the presence or absence of contaminating
substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the
improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or
intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure
has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not
verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding
these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the
information provided. All potential buyers must take appropriate measures to verify all of the information set forth
herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017
Marcus & Millichap. All rights reserved.
Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in
this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply
affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or
subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for
the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.
PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
3134-3136 WEST MARQUETTE ROAD
Chicago, IL
ACT ID Y0670454
TABLE OF CONTENTS
SECTION
INVESTMENT OVERVIEW 01Offering Summary
Property Photos
Regional Map
Local Map
Aerial Photo
FINANCIAL ANALYSIS 02Rent Roll Summary
Rent Roll Detail
Rent Roll Summary Commercial
Operating Statement
Pricing Detail
MARKET COMPARABLES 03Sales Comparables
MARKET OVERVIEW 04
Market Analysis
Demographic Analysis
3134-3136 WEST MARQUETTE ROAD
3134-3136 WEST MARQUETTE ROAD
4
INVESTMENT
OVERVIEW
3134-3136 WEST MARQUETTE ROAD
#
EXECUTIVE SUMMARY
OFFERING SUMMARY
MAJOR EMPLOYERS
EMPLOYER # OF EMPLOYEES
Alden-Wentworth Nursing Center 3,102
Go Airport Shuttle 2,500
Little Company of Mary Hospita 2,200
City of Chicago 2,144
Streets and Sanitation Dept 2,010
Little Co of Marys Hospital 2,000
2800 Gift Shop The 1,700
Ford 1,518
Walgreens 1,507
Holy Cross Hospital 1,380
Edsal Manufacturing Co Inc 1,300
Water Management Dept of 1,178
DEMOGRAPHICS
1-Miles 3-Miles 5-Miles
2016 Estimate Pop 55,901 331,010 731,538
2016 Census Pop 55,573 328,684 724,813
2016 Estimate HH 15,133 94,770 230,924
2016 Census HH 14,986 93,753 227,570
Median HH Income $37,531 $39,756 $41,369
Per Capita Income $13,227 $15,034 $18,202
Average HH Income $48,609 $52,246 $56,797
VITAL DATA
CURRENT YEAR 1
Price $1,640,000 CAP Rate 8.72% 9.59%
Down Payment 25% / $410,000 Net Operating Income $142,973 $157,309
Loan Amount $1,230,000 Net Cash Flow After Debt Service 14.86% / $60,932 18.36% / $75,268
Loan Type Proposed New Total Return 21.51% / $88,181 25.31% / $103,768
Interest Rate / Amortization 4.50% / 25 Years
Total Rentable SF 21,300
Price/SF $77.00
Year Built 1928
5
UNIT MIX
UNIT COUNT
UNIT TYPE AVG. SFCURRENT AVG.
RENTSAVG.
RENTS/SFMONTHLY INCOME
POTENTIAL RENTS
AVG. RENTS/SF
MONTHLYINCOME
9 Studio 1 Bath 450 $537 $1.19 $4,835 $600 $1.33 $5,400
27 1 Bdr 1 Bath 500 $647 $1.29 $17,460 $700 $1.40 $18,900
SUITE COUNT
TYPE TOTAL GLA CURRENT RENT RANGECURRENT MONTHLY
INCOMEPRO FORMA
MONTHLY INCOME
5 Retail 3,750 $300 - $850 $2,650 $2,650
3134-3136 WEST MARQUETTE ROAD
#
OFFERING SUMMARY
▪ Mixed-Use Property with 36 Apartments and Five Retail
▪ Convenient Access to Multiple Modes of Public Transportation
▪ High Visibility on Marquette Road with Approximately 14,500 Vehicles per Day
▪ Just North of Marquette Park
▪ Near Ford City Mall, Bedford City Square, Summit Shopping Center
INVESTMENT HIGHLIGHTS
Marcus & Millichap is pleased to present a mixed-use property located at 3134-3136 West Marquette Road in Chicago, Illinois. The property is
located in the Chicago Lawn neighborhood and is approximately 11 miles southwest of the Chicago Loop. The area provides convenient
access to Interstate 90/94. The Ashland / 63rd CTA Station is located approximately two-and-a-half miles from the subject property. CTA bus
stops are located on Marquette Road, just footsteps away from the property. Midway International Airport is located approximately three miles
from the property.
The unit mix is comprised of nine studios, 27 one-bedroom / one-bathroom units, and five retail spaces measuring approximately 450, 500, and
750 square feet, respectively.
The property is positioned just north of Marquette Park which is the largest park on the southwest side of Chicago. Approximately three miles
southwest of the property is Ford City Mall, Bedford City Square, and Summit Shopping Center, which feature major retail stores, grocery
markets, and local and franchised restaurants. This investment offers an investor the opportunity to acquire a mixed-use asset and have the
ability to raise rents to market without the need for significant additional capital expenditures.
INVESTMENT OVERVIEW
6
3134-3136 WEST MARQUETTE ROAD
#
PROPERTY SUMMARY
OFFERING SUMMARY
PROPOSED FINANCING
First Trust Deed
Loan Amount $1,230,000
Loan Type Proposed New
Interest Rate 4.50%
Amortization 25 Years
Loan Term 5 Years
Loan to Value 75%
Debt Coverage Ratio 1.74
THE OFFERING
Price $1,640,000
Property Address 3134-3136 West Marquette Road, Chicago, IL
Assessors Parcel Number 19-24-124-039-0000
19-24-124-040-0000
SITE DESCRIPTION
Number of Units 41
Number of Buildings One
Number of Stories Four
Year Built/Renovated 1928
Apartments - Rentable Square Feet 17,550
Retail - Gross Leaseable Area (GLA) 3,750
Total Rentable Square Feet 21,300
Lot Size 0.27 acre(s)
Type of Ownership Fee Simple
7
PROPERTY PHOTOS
3134-3136 WEST MARQUETTE ROAD
8
REGIONAL MAP
3134-3136 WEST MARQUETTE ROAD
9
LOCAL MAP
3134-3136 WEST MARQUETTE ROAD
10
AERIAL PHOTO
3134-3136 WEST MARQUETTE ROAD
11
3134-3136 WEST MARQUETTE ROAD
12
FINANCIAL
ANALYSIS
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
RENT ROLL SUMMARY
13
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
14
RENT ROLL DETAIL
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
15
RENT ROLL DETAIL
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
16
RENT ROLL SUMMARY
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
OPERATING STATEMENT
17
FINANCIAL ANALYSIS
3134-3136 WEST MARQUETTE ROAD
PRICING DETAIL
18
3134-3136 WEST MARQUETTE ROAD
19
MARKET
COMPARABLES
8
3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES MAP
20
3134-3136 WEST MARQUETTE ROAD
(SUBJECT)
6250 South Mozart Street
6556 South Mozart Street
6201 South Rockwell Street
6003 South Artesian
Avenue
5800 South Troy Street
3000 West 61st Street
SALES COMPARABLES
1
2
3
4
5
6
21
Avg. 12.12%
0
2
3
5
6
8
9
11
12
14
15
3134-3136
West
Marquette
Road
6250 South
Mozart
Street
6201 South
Rockwell
Street
6003 South
Artesian
Avenue
Average Cap Rate
PROPERTY NAME3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLESSALES COMPARABLES SALES COMPS AVG
22
PROPERTY NAME3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES
Avg. $58.50
$0.00
$7.80
$15.60
$23.40
$31.20
$39.00
$46.80
$54.60
$62.40
$70.20
$78.00
3134-3136
West
Marquette
Road
6250 South
Mozart
Street
6556 South
Mozart
Street
6201 South
Rockwell
Street
6003 South
Artesian
Avenue
5800 South
Troy Street
3000
W 61st St
Average Price Per Square Foot
SALES COMPARABLES SALES COMPS AVG
23
PROPERTY NAME3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES
Avg. $44,545
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
$50,000
$55,000
$60,000
3134-3136
West
Marquette
Road
6250 South
Mozart
Street
6556 South
Mozart
Street
6201 South
Rockwell
Street
6003 South
Artesian
Avenue
5800 South
Troy Street
3000
W 61st St
Average Price Per Unit
SALES COMPARABLES SALES COMPS AVG
PROPERTY NAME
MARKETING TEAM
3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
24
SALES COMPARABLES
Unit Type
Offering Price $1,640,000 9 Studio 1 Bath
Price/Unit: $40,000 27 1 Bdr 1 Bath
Price/SF $77.00 5 Retail
CAP Rate 8.72%
Year Built 1928
Total Apartment Units 36
Total Commercial Suites 5
3134-3136 WEST MARQUETTE ROADChicago, IL 60629
Units Type
Close Of Escrow 6/26/2016 21 1 Bdr 1 Bath
Sales Price $1,250,000 3 Retail
Price/Unit: $52,083
Price/SF $52.00
CAP Rate 10.0%
Year Built 1930
Total Apartment Units 21
Total Commercial Suites 3
1
6250 SOUTH MOZART STREETChicago, IL 60629
Units Unit Type
Close Of Escrow: 10/10/2016 6 1 Bdr 1 Bath
Sales Price: $390,000 2 2 Bdr 1 Bath
Price/Unit: $39,000 2 3 Bdr 1 Bath
Price/SF: $52.86
Total No. of Units: 10
Year Built: 1927
2
6556 SOUTH MOZART STREETChicago, IL 60629
PROPERTY NAME
MARKETING TEAM
3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
25
SALES COMPARABLES
Units Unit Type
Close Of Escrow: 5/9/2017 5 1 Bdr 1 Bath
Sales Price: $380,000 5 2 Bdr 1 Bath
Price/Unit: $38,000
Price/SF: $50.67
CAP Rate: 12.37%
GRM: 4.48
Total No. of Units: 10
Year Built: 1914
3
6201 SOUTH ROCKWELL STREETChicago, IL 60629
4
Units Unit Type
Close Of Escrow: 1/4/2017 2 1 Bdr 1 Bath
Sales Price: $420,000 6 2 Bdr 1 Bath
Price/Unit: $42,000 2 3 Bdr 1 Bath
Price/SF: $61.00
CAP Rate: 14.00%
Total No. of Units: 10
Year Built: 1925
6003 SOUTH ARTESIAN AVENUEChicago, IL 60629
Units Unit Type
Close Of Escrow: 12/28/2016 4 1 Bdr 1 Bath
Sales Price: $321,500 4 2 Bdr 1 Bath
Price/Unit: $40,188
Price/SF: $60.00
Total No. of Units: 8
Year Built: 1925
5
5800 SOUTH TROY STREETChicago, IL 60629
PROPERTY NAME
MARKETING TEAM
3134-3136 WEST MARQUETTE ROAD
SALES COMPARABLES
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
rentpropertyname1
rentpropertyaddress1
26
SALES COMPARABLES
Units Unit Type
Close Of Escrow: 8/31/2016 4 2 Bdr 1 Bath
Sales Price: $448,000 4 3 Bdr 1 Bath
Price/Unit: $56,000
Price/SF: $74.44
Total No. of Units: 8
Year Built: 1924
6
3000 WEST 61ST STREETChicago, IL 60629
3134-3136 WEST MARQUETTE ROAD
27
MARKET
OVERVIEW
MARKET OVERVIEW
OVERVIEW
CHICAGO
Chicago-Naperville-Elgin is one of the largest metros in the nation.
Also know as the greater Chicagoland area, it is bounded to the east
by Lake Michigan, expands over a 5,000-square-mile region in
northeastern Illinois and extends into Wisconsin and Indiana. The
metro houses 9.6 million people and comprises 14 counties. The city
of Chicago contains 2.7 million residents. The greatest growth during
the past 20 years occurred in the western portion of the region. In
recent years, however, businesses are relocating back into the city to
attract young workers, supporting the development of high-rise
residential towers in the downtown Chicago.
MARKET OVERVIEW
METRO HIGHLIGHTS
THIRD-LARGEST METROPOLITAN AREA
The metro population trails only New York City and
Los Angeles in size, expanding to nearly 10 million
residents.
WEALTH OF INTELLECTUAL CAPITAL
The number of corporate headquarters in Chicago is
second only to New York City. There are 32 Fortune
500 companies based locally.
LARGE, DIVERSE EMPLOYMENT BASE
The Chicago metro employs more than 4.6 million
individuals in an array of industries, including a
growing tech sector.
3134-3136 WEST MARQUETTE ROAD
28
MARKET OVERVIEWMARKET OVERVIEW
TRANSPORTATION
▪ The region’s transit network ranks among the largest and most
efficient in the world.
▪ The vast network of freeways, centralized location, the largest rail-
truck intermodal facility in the U.S., as well as the Port of Chicago
contribute to the metro’s position as a major distribution and
logistics hub.
▪ Chicago is the nation’s premier freight rail hub, with four carriers,
BNSF, Union Pacific, CSX, Norfolk Southern, servicing the region.
▪ Amtrak routes originate from Union Station, while the Metra
commuter rail and the Chicago L provide passenger service
throughout the metro area and beyond.
▪ International airports include O’Hare, Midway and Gary/Chicago.
Seven smaller airports also provide air service for the region.
MORE THAN OF ILLINOIS RESIDENTS LIVE IN
THE SUBURBS OF CHICAGO,
MANY OF WHOM COMMUTE INTO
THE CITY FOR WORK40%
17.2Million TEU’s
MOVED THROUGH METRO
IN 2015
3CHICAGO HAS
INTERNATIONAL
AIRPORTS
7FOR FREIGHT, PASSENGER
AND COMMUTER
RAIL LINES
3134-3136 WEST MARQUETTE ROAD
29
MARKET OVERVIEW
ECONOMY
▪ The metro has one of the biggest economies in the nation
and is buoyed by its distribution, finance, manufacturing
operations and growing high-tech sectors.
▪ There are 32 Fortune 500 companies headquartered in the
metro including Boeing, Walgreens and McDonald’s.
▪ The area is a major global tourist and convention destination.
Last year, a record 54.1 million people visited the metro
spending $15 billion and supporting 145,000 jobs.
▪ Large tech firms such as Amazon, Groupon and Google
attract startup companies.
▪ The workforce is considered one of the most diverse and well
trained among major U.S. metros.
MAJOR AREA EMPLOYERS
Abbott Labs
Advocate Healthcare
Wal-Mart
Motorola Solutions Inc.
United Continental Holdings Inc.
Allstate Corp.
Walgreens Co.
Target Corp.
JPMorgan Chase
AT&T
SHARE OF 2016 TOTAL EMPLOYMENT
MANUFACTURING GOVERNMENT
HEALTH SERVICES
EDUCATION AND
+
LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES
CONSTRUCTION
PROFESSIONAL AND
BUSINESS SERVICES
OTHER SERVICES
AND UTILITIES
TRADE, TRANSPORTATION INFORMATION
* Forecast
3134-3136 WEST MARQUETTE ROAD
9% 18% 6%12% 10%
4%20% 2%4% 15%
30
MARKET OVERVIEW
▪ Chicago is the third most populous metro in the U.S. and is
expected to grow by approximately 275,000 people during the next
five years.
▪ Younger professionals moving to the area for employment provide a
skilled workforce and contribute to the median age of 36.8 years,
below that of the nation.
▪ World class education institutions including Northwestern University
and the University of Chicago help provide a skilled labor pool.
Nearly 35 percent of residents age 25 and older hold a bachelor’s
degree and of these, 13 percent have also earned a graduate or
professional degree.
▪ Local homeownership of 65 percent is slightly above the national
rate of 64 percent.
QUICK FACTS
36.8
2016
MEDIAN AGE:
U.S. Median:
37.7
$62,100
2016 MEDIAN
HOUSEHOLD INCOME:
U.S. Median:
$54,500
3.5M
2016
HOUSEHOLDS:
Growth
2016-2021*:
3.5%
9.6M
2016
POPULATION:
Growth
2016-2021*:
2.9%
* Forecast
DEMOGRAPHICS
3134-3136 WEST MARQUETTE ROAD
31
MARKET OVERVIEW
Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune;
Moody’s Analytics; U.S. Census Bureau
QUALITY OF LIFE
The Chicago metro has something to offer every one of its residents and visitors,
whether it is legendary blues and jazz music, cultural and educational venues,
professional sports, dining, entertainment, shopping or recreational amenities.
The Chicago area’s relative affordability is largely due to its lower housing costs. The
median home price is significantly less than in other cities of its size and is below that
of many smaller cities, including Seattle and Denver.
Cultural activities and venues underpin the metro’s cosmopolitan lifestyle. The region
is home to various well-known museums, including the world-class Field Museum,
Shedd Aquarium, Art Institute of Chicago and Adler Planetarium. The theatre scene
rivals the world’s best, and troupes, dance companies, symphony orchestras and
music venues abound.
29 MILESOF SHORELINE
$237,400MEDIAN HOME PRICE VARIOUS MUSUEMS
70
ARTS & ENTERTAINMENT
3134-3136 WEST MARQUETTE ROAD
32
PROPERTY NAME
MARKETING TEAM
3134-3136 WEST MARQUETTE ROAD
DEMOGRAPHICS
Source: © 2016 Experian
Created on August 2017
POPULATION 1 Miles 3 Miles 5 Miles
▪ 2021 Projection
Total Population 55,231 327,454 725,170
▪ 2016 Estimate
Total Population 55,901 331,010 731,538
▪ 2010 Census
Total Population 55,573 328,684 724,813
▪ 2000 Census
Total Population 58,537 346,614 778,134
▪ Daytime Population
2016 Estimate 30,622 232,909 567,292
HOUSEHOLDS 1 Miles 3 Miles 5 Miles
▪ 2021 Projection
Total Households 15,024 94,082 230,108
▪ 2016 Estimate
Total Households 15,133 94,770 230,924
Average (Mean) Household Size 3.62 3.44 3.09
▪ 2010 Census
Total Households 14,986 93,753 227,570
▪ 2000 Census
Total Households 16,265 101,065 242,962
Growth 2015-2020 -0.72% -0.73% -0.35%
HOUSING UNITS 1 Miles 3 Miles 5 Miles
▪ Occupied Units
2021 Projection 15,024 94,082 230,108
2016 Estimate 17,305 107,677 260,485
Owner Occupied 7,398 52,533 129,538
Renter Occupied 7,735 42,237 101,386
Vacant 2,172 12,908 29,561
▪ Persons In Units
2016 Estimate Total Occupied Units 15,133 94,770 230,924
1 Person Units 20.13% 20.18% 24.26%
2 Person Units 18.65% 20.51% 23.46%
3 Person Units 14.38% 16.08% 16.24%
4 Person Units 15.28% 15.68% 14.72%
5 Person Units 12.19% 11.70% 9.91%
6+ Person Units 19.37% 15.85% 11.41%
HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles
▪ 2016 Estimate
$200,000 or More 0.81% 1.00% 1.63%
$150,000 - $199,000 1.47% 1.95% 2.77%
$100,000 - $149,000 6.72% 8.50% 9.65%
$75,000 - $99,999 9.57% 10.47% 10.73%
$50,000 - $74,999 17.61% 18.14% 17.48%
$35,000 - $49,999 16.74% 15.26% 14.27%
$25,000 - $34,999 14.15% 13.04% 12.16%
$15,000 - $24,999 13.66% 14.08% 13.74%
Under $15,000 19.27% 17.57% 17.58%
Average Household Income $48,609 $52,246 $56,797
Median Household Income $37,531 $39,756 $41,369
Per Capita Income $13,227 $15,034 $18,202
POPULATION PROFILE 1 Miles 3 Miles 5 Miles
▪ Population By Age
2016 Estimate Total Population 55,901 331,010 731,538
Under 20 34.45% 32.96% 30.30%
20 to 34 Years 24.39% 22.69% 22.13%
35 to 39 Years 7.23% 6.93% 6.70%
40 to 49 Years 12.67% 12.72% 12.83%
50 to 64 Years 14.56% 15.58% 17.17%
Age 65+ 6.70% 9.13% 10.87%
Median Age 29.41 31.13 33.26
▪ Population 25+ by Education Level
2016 Estimate Population Age 25+ 32,088 196,477 454,996
Elementary (0-8) 17.16% 14.54% 11.29%
Some High School (9-11) 14.01% 13.71% 13.18%
High School Graduate (12) 32.31% 32.23% 31.75%
Some College (13-15) 19.98% 19.83% 20.65%
Associate Degree Only 4.84% 5.65% 5.99%
Bachelors Degree Only 7.03% 8.26% 10.00%
Graduate Degree 2.60% 3.17% 4.87%
▪ Population by Gender
2016 Estimate Total Population 55,901 331,010 731,538
Male Population 48.85% 48.68% 48.77%
Female Population 51.15% 51.32% 51.23%
33
Income
In 2016, the median household income for your selected geography is
$37,531, compare this to the US average which is currently $54,505.
The median household income for your area has changed by 1.08%
since 2000. It is estimated that the median household income in your
area will be $41,862 five years from now, which represents a change
of 11.54% from the current year.
The current year per capita income in your area is $13,227, compare
this to the US average, which is $29,962. The current year average
household income in your area is $48,609, compare this to the US
average which is $78,425.
Population
In 2016, the population in your selected geography is 55,901. The
population has changed by -4.50% since 2000. It is estimated that
the population in your area will be 55,231.00 five years from now,
which represents a change of -1.20% from the current year. The
current population is 48.85% male and 51.15% female. The median
age of the population in your area is 29.41, compare this to the US
average which is 37.68. The population density in your area is
17,760.23 people per square mile.
Households
There are currently 15,133 households in your selected geography.
The number of households has changed by -6.96% since 2000. It is
estimated that the number of households in your area will be 15,024
five years from now, which represents a change of -0.72% from the
current year. The average household size in your area is 3.62 persons.
Employment
In 2016, there are 5,666 employees in your selected area, this is also
known as the daytime population. The 2000 Census revealed that
44.70% of employees are employed in white-collar occupations in
this geography, and 54.99% are employed in blue-collar occupations.
In 2016, unemployment in this area is 9.09%. In 2000, the average
time traveled to work was 43.00 minutes.
Race and Ethnicity
The current year racial makeup of your selected area is as follows:
31.75% White, 32.97% Black, 0.02% Native American and 0.44%
Asian/Pacific Islander. Compare these to US averages which are:
70.77% White, 12.80% Black, 0.19% Native American and 5.36%
Asian/Pacific Islander. People of Hispanic origin are counted
independently of race.
People of Hispanic origin make up 60.76% of the current year
population in your selected area. Compare this to the US average of
17.65%.
PROPERTY NAME
MARKETING TEAM
3134-3136 WEST MARQUETTE ROAD
Housing
The median housing value in your area was $161,360 in 2016,
compare this to the US average of $187,181. In 2000, there were
9,153 owner occupied housing units in your area and there were
7,112 renter occupied housing units in your area. The median rent at
the time was $513.
Source: © 2016 Experian
DEMOGRAPHICS
34
8
3134-3136 WEST MARQUETTE ROAD
DEMOGRAPHICS
35
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