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SVN | AUCTIONWORKS | 707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson President 847.509.2757 [email protected]

MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

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Page 1: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

SVN | AUCTIONWORKS | 707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE

MIXED USEBUILDING9804-9806 GRAND AVENUEFRANKLIN PARK, IL 60131

Diana [email protected]

Page 2: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

OFFERING SUMMARY

Minimum Bid: $185,000

Lot Size: Approx. 4,563 SF

Building Size: Approx. 3,192 SF

Home Size: Approx. 1,872 SF

2017 Taxes: $22,125.53

PIN #: 12-28-229-040-0000

Zoning: C-2-1 Community

Shopping

Price / SF: $57.96

PROPERTY OVERVIEWThis mixed use building has one vacant store front, a rented doctors office(occupied for approx. 11 years) and 2 rented apartments upstairs. Heat andwater are connected in the basement with separate meters. In the back of thisbuilding is a house that is currently rented (occupied for approx. 11 years). Allrenters are month to month. There are 5 parking spaces in the rear of thebuilding plus public parking in front which stickers for overnight parking can bepurchased from the Village.

PROPERTY HIGHLIGHTS

• Online Auction Bidding Starts at 11 AM CST Monday, October 15, 2018 andends Wednesday, October 17, 2018, 11 AM CST

• Minimum Bid/Published Reserve Price: $185,000 Plus 6% Buyers Premium

• Cooperating Broker's Commission: 2 %

• Pre-Auction Bids Highly Encouraged!

Property Summary

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 2All SVN® offices are independently owned and operated.

Page 3: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

Podiatrist Office

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 3All SVN® offices are independently owned and operated.

Page 4: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

Apartment Above Retail Units

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 4All SVN® offices are independently owned and operated.

Page 5: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

House In Back Of Retail Units/Apartments

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 5All SVN® offices are independently owned and operated.

Page 6: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

Location Maps

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 6All SVN® offices are independently owned and operated.

Page 7: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

POPULATION 1 MILE 2 MILES 3 MILES

Total population 18,626 57,948 123,633

Median age 35.1 34.0 33.7

Median age (male) 33.0 33.5 32.9

Median age (Female) 36.1 34.3 34.4

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

Total households 6,076 18,976 40,583

# of persons per HH 3.1 3.1 3.0

Average HH income $61,100 $61,250 $59,709

Average house value $248,553 $262,961 $264,076

* Demographic data derived from 2010 US Census

Demographics Map

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 7All SVN® offices are independently owned and operated.

Page 8: MIXED USE BUILDING · SVN | AUCTIONWORKS |707 SKOKIE BLVD., SUITE 601, NORTHBROOK, IL 60062 SALE BROCHURE MIXED USE BUILDING 9804-9806 GRAND AVENUE FRANKLIN PARK, IL 60131 Diana Peterson

Disclaimer

MIXED USE BUILDING | 9804-9806 GRAND AVENUE, FRANKLIN PARK, IL 60131 SVN | AuctionWorks | Page 8All SVN® offices are independently owned and operated.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.