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Offering Memorandum
4.04 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK, IL 60440
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 tobe reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any otherperson or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared toprovide summary, unverified information to prospective purchasers, and to establish only a preliminary level ofinterest in the subject property. The information contained herein is not a substitute for a thorough due diligenceinvestigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, withrespect to the income or expenses for the subject property, the future projected financial performance of theproperty, the size and square footage of the property and improvements, the presence or absence of contaminatingsubstances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of theimprovements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans orintentions to continue its occupancy of the subject property. The information contained in this Marketing Brochurehas been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will notverify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regardingthese matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of theinformation provided. All potential buyers must take appropriate measures to verify all of the information set forthherein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017Marcus & Millichap. All rights reserved.
Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified inthis marketing package. The presence of any corporation's logo or name is not intended to indicate or implyaffiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates orsubsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included forthe 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.
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK Bolingbrook, ILACT ID Y0670392
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4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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INVESTMENT
OVERVIEW
OFFERING SUMMARY
Price $2,905,000
Down Payment 100% / $2,905,000
Lot Size (SF) 176,026
Price/SF $16.50
Lot Size (Acres) 4.04 acre(s)
Price/Acre $718,881
Number of Lots 1
Type of Ownership Fee Simple
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OFFERING SUMMARY
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4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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OFFERING SUMMARY
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
OFFERING SUMMARY
Excellent Road Frontage
Signalized Ingress and Egress
High Traffic Counts, 30,000+ VPD
Close to the Promenade Mall
Progressive Community
Utilities to the Site with Off-Site Detention
INVESTMENT HIGHLIGHTS
Marcus & Millichap is pleased to present this 4.041 acre development opportunity located at the southwest corner of Boughton Road and Preston Drive, just west of Interstate 355, in Bolingbrook, IL.
The site is at a full signalized intersection, with turn lanes, and it is on the morning traffic side of Boughton Road. The intersection is the first signalized intersection west of the The Promenade Bolingbrook, a 750,000 square-foot, open-air shopping center. Additional access with a future right-in right-out onto Boughton Road will help the site to be subdivided into two or more lots.
The site offers a multitude of buyers/developers a shovel ready site in a proven retail market area. Added value is represented by a 100% buildable site with off-site detention already in place. Strong demographics support many of potential retail and serviceoriented businesses.
The site is currently zoned O-1, limited office, with rezoning potential to a commercial oriented zoning district.
Bolingbrook is known as a welcome place to open a business or develop in a diverse vibrant community with excellent accessible transportation.
INVESTMENT OVERVIEW
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LOCAL RETAIL MAP
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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TRAFFIC COUNTYEAR COUNT
2012 30,400
2012 30,100
2012 3,200
MARKETING PLAN
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LOCATION OVERVIEWTENANT SUMMARYPRICING AND VALUATION MATRIX
PROPERTY NAME4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
PRICING AND VALUATION MATRIX
PROPERTY NAME4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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TRAFFIC COUNT
Source: © 2016 Experian
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REGIONAL MAP
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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LOCAL MAP
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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LOCAL AERIAL
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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AERIAL PHOTO
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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ZONING MAP
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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SURVEY MAP
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
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DEMOGRAPHICS
OVERVIEW
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4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
DEMOGRAPHICS
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PROPERTY NAME
MARKETING TEAM
4 ACRES, 609 E. BOUGHTON ROAD, BOLINGBROOK
DEMOGRAPHICS
Source: © 2016 Experian
Created October 2017
POPULATION 1 Miles 3 Miles 5 Miles 2021 Projection
Total Population 13,059 80,024 216,098
2016 Estimate
Total Population 12,944 78,206 209,736
2010 Census
Total Population 12,862 77,301 206,828
2000 Census
Total Population 13,084 75,330 200,434
Daytime Population
2016 Estimate 10,883 63,563 186,377
HOUSEHOLDS 1 Miles 3 Miles 5 Miles 2021 Projection
Total Households 4,628 27,860 78,945
2016 Estimate
Total Households 4,524 27,035 76,292
Average (Mean) Household Size 2.88 2.91 2.74
2010 Census
Total Households 4,493 26,653 74,914
2000 Census
Total Households 4,335 25,252 70,692
HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles 2016 Estimate
$250,000 or More 2.65% 3.73% 5.10%
$200,000 - $249,999 1.70% 2.57% 3.93%
$150,000 - $199,999 6.73% 6.96% 8.86%
$125,000 - $149,999 6.30% 7.25% 8.20%
$100,000 - $124,999 15.01% 12.86% 12.70%
$75,000 - $99,999 18.91% 15.49% 14.99%
$50,000 - $74,999 15.09% 18.10% 16.77%
$35,000 - $49,999 11.28% 12.32% 10.92%
$25,000 - $34,999 7.40% 8.21% 6.63%
$15,000 - $24,999 7.24% 6.56% 6.05%
Under $15,000 7.69% 5.96% 5.87%
Average Household Income $89,801 $95,996 $108,259
Median Household Income $76,859 $73,214 $81,038
Per Capita Income $31,382 $33,233 $39,467
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POPULATION PROFILE 1 Miles 3 Miles 5 Miles Population by Age
0 to 4 Years 6.26% 6.43% 5.48%
5 to 14 Years 12.92% 14.16% 13.31%
15 to 17 Years 4.64% 4.55% 4.50%
18 to 19 Years 2.69% 2.50% 2.64%
20 to 24 Years 7.02% 6.79% 6.26%
25 to 29 Years 6.47% 6.63% 6.00%
30 to 34 Years 6.57% 7.12% 6.22%
35 to 39 Years 6.25% 6.94% 6.19%
40 to 49 Years 12.43% 13.78% 13.98%
50 to 59 Years 14.38% 14.28% 16.05%
60 to 64 Years 7.02% 6.06% 6.63%
65 to 69 Years 5.76% 4.61% 5.05%
70 to 74 Years 3.23% 2.78% 3.21%
75 to 79 Years 1.85% 1.53% 1.85%
80 to 84 Years 1.32% 0.95% 1.25%
Age 85+ 1.19% 0.87% 1.38%
Median Age 37.73 36.29 39.53
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Rick GordonSenior AssociateDirector, National Land GroupChicago Oak Brook OfficeTel: (630) 570-2200Fax: (630) [email protected]: IL 471.014823
P R E S E N T E D B Y
www.MarcusMillichap.com