Redevelopment AVONDALE/Logan Square Land Opportunity 3500 N
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Redevelopment AVONDALE/Logan Square land Opportunity 3500 N. Milwaukee Avenue | Chicago 40,000 +/- SF OF LAND AVAILABLE SITE 20,300 VPD Milwaukee Ave. Keeler Ave. 13,100 VPD IDEAL MIXED-USE OPPORTUNITY ■ Full basement in Building (Ideal for Parking) DEMOGRAPHIC INFORMATION: ■ Located Within Minutes of 3 CTA Blue Line “L” Stations, 2 Metra Train Stations & I-90/I-94 Expressways 1 Mile 3 Miles 5 Miles ■ Milwaukee Avenue (Route 56) CTA Bus Stop Located at Site ■ Approximately 300’ of Frontage on Milwaukee Avenue RESIDENTIAL POP. 55,950 514,832 1,249,594 ■ Zoned B1-1 DAYTIME POP. 15,511 126,787 388,215 ■ Ideal Opportunity for Retail & Residential Development AVG. ANNUAL INC. $62,982 $64,639 $74,932 ■ Close to Logan’s Crossing Development; Proposed Tenants Include: Jewel-Osco, XSport, Starbucks Jim Cummings 773.957.1418 [email protected] 8750 W. Bryn Mawr, Suite 350, Chicago, IL 60631 Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Redevelopment AVONDALE/Logan Square Land Opportunity 3500 N. Milwaukee Avenue | Chicago PLAT SURVEY Jim Cummings 773.957.1418 [email protected] 8750 W. Bryn Mawr, Suite 350, Chicago, IL 60631 Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Redevelopment AVONDALE/Logan Square land Opportunity 3500 N. Milwaukee Avenue | Chicago • New Wave • Reno Longman Coffee • Telegraph • Dunlays on & Eagle 90 • The Rocking Wine Bar the Square Horse • Lula Cafe LOCATION OVERVIEW De Noche Mexican Tacos Tequilas Foodsmart Moe’s Tavern ■ 0.6 Miles to I-90/I-94 MB Bank Edelweiss Starapolska ■ 0.5 Miles to Metra Tavern Kozy’s Cyclery Grayland Station SITE ■ 0.8 Miles to the Irving Park United Pacific Windy City Produce Northwest Metra Station Live Wire Lounge ■ 0.8 Miles to Addison CTA Blue Line “L” Station 94 ■ 1.1 Miles to Kimball Blue Line CTA “L” Station ■ Immediate Access to CTA Bus Routes 56, 152, 77 & 53 ■ Walk Score Walk: 85 Transit: 70 Bike: 78 ■ 1.0 Miles from the Point at Six Corners; Brand New 100,000 SF, 4-Acre Retail Development Portage Theatre Jim Cummings 773.957.1418 [email protected] 8750 W. Bryn Mawr, Suite 350, Chicago, IL 60631 Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Redevelopment AVONDALE/Logan Square land Opportunity 3500 N. Milwaukee Avenue | Chicago Legend W Addison St RESIDENTIAL OVERVIEW P! Milwaukee Ave Residential Development ID Name Units ! Apartments - Open 1 2293 N Milwaukee Ave 216 ■ Milwaukee Avenue Corridor is a e 2 2211 N Milwaukee Ave 120 v W Belmont Ave A ! ApartmentsProminent - Proposed Dynamic Mixed-use a 3 1950 N Campbell Ave 78 i e n v r N A 41 4 1739 N Milwaukee Ave 8 o ¤£ Avondale L Avondale f Development Area i i Apartments - Under Construction e l n ! c n 5 1647 N Milwaukee Ave 36 a o i l c SITE C n N 6 1422 N Milwaukee Ave 20 A a N v C e R !■ CondosAccess - Open to Skilled/Large Job Markets in 7 1664 W Division St 60 N la N N r M k 8 1515 W Haddon Ave 40 W Diversey Ave i L lw W Diversey Pkwy S the Suburbs and City a a t N u ! Condosk - Proposed 9 Kenect 227 C ke 90 e ¨§ a e ¦ n S Lake 10Ave Austin N 710 W Grand Ave 47 A n v N ■ Easy/Inexpensiveh Access to Chicago Hermosa e o E o 1 2332 N California Ave 135 !n Condos - Under Construction !1 ls r Michigan 2 2835 W Belden Ave 95 Maplewood to D e n r O’HareD International Airport and !1 A v r 3 2240 N Milwaukee Ave 40 W Fullerton Ave e ! Hotel - Open 4 2117 N Rockwell St 120 !1 Chicago Midway International Airport 5 2031 N Milwaukee Ave 88 ST50 ! N !2 1 C Hotel - Proposed !2 ly Lincoln ! 6 1968 N Milwaukee Ave 132 N b ■ Minutes From Chicago’s Most Vibrant Cragin o Cragin e Lincoln e !3 !1 u Park A v Park v r 7 1624 W Division St 130 e n s A e A v A ParkHotel - Under Construction ! h ! Neighborhoods: Old Irving, Bucktown, v l 4 A v o 8 716 N Aberdeen St 188 l r e a 5 A a e ! e n i W Armitage Ave n c 1 Logans Crossing 220 d i e m Wicker Park, East Village, Lakeview, A C a 3 6 ! Townhomes Under Construction !! m 2 1920 N Milwaukee Ave 44 r 2 v ! a N a e N Centr L 3 1767 N Milwaukee Ave 100 !1 !3 D Lincoln Park N 4 1241 N Milwaukee Ave 60 N !2 !4 5 1640 W Division St 140 !5 StHalsted N ■ Located in Ward with Supportive 6 1056 N AshlandST64 W AveNorth Av34e ST64 W North Ave Humboldt e !12! !1 7 1001 W Chicago Ave 363 v Community and Pro-Development Park A 8 713 N Milwaukee Ave 25 n r !6 Alderman e 9 851 W Grand Ave 36 t s e e 4 10 710 W Grand Ave 102 v ! W 1 2505 N Milwaukee Ave 18 A ! ■ 2,000 Residential Units Under e N !5 7 !1 i W Division St !7 z Near 2 1711 N Winnebago Ave 24 d Construction/Newly Opened e North 1 1220 N Bosworth Ave 34 K !8 North N Pulaski Rd d v W !6 N 1 l St Boniface 39 G Side B ra !3 ■ 1,000 Additional Residential Units in n US-41 S n d 2 i 680 N Milwaukee Ave 20 A t ve !1 s 3 u 1013 N Ashland Ave 33 Planning Stages A 1 2022 W North Ave 20 N W Chicago Ave !7 E Chicago Ave N S 2 2018 W North Ave 69 a !8 !8 c ■Orleans St N Land Values for Mixed-Use r 1 1551 W North Ave 99 a !2 E Ontario St m e E Ohio St 1 2135 N Milwaukee Ave 50 v Austin e DevelopmentsE Grand Aareve Appreciating n A !10! 10 W Franklin Blvd t !9 1 2501 W Homer St 0 o n !9 E Illinois St e B d Rapidly with a Recent Record-Setting g l v O 0 0.5 1 2 d E Wac N Land Purchaseker D ron Milwaukee Avenue Miles W Randolph St Chicago Jim Cummings 773.957.1418 [email protected] 8750 W. Bryn Mawr, Suite 350, Chicago, IL 60631 Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Redevelopment AVONDALE/Logan Square land Opportunity 3500 N. Milwaukee Avenue | Chicago LOGAN SQUARE OVERVIEW AVONDALE OVERVIEW ■ One of the Fastest Growing Neighborhoods ■ Architecture Predating the Great Fire of 1871 is Prevalent in the ■ Named One of the “Top 12 Chicago Neighborhoods” (Chicago Magazine, 2014) neighborhood, from Enormous Family Estates to The Villa District, a Residential Pocket on the National Historic Registry ■ Home to Chicago’s “New Restaurant Row” ■ Neighborhood Benefits from Unique Location with Immediate Access ■ Filled with Unique Architecture with a Mix of Steeples, Smokestacks and Two-Flats to Multiple Forms of Transportation ■ Neighborhood Known for Locally-Owned Family Restaurants and Numerous Parks Jim Cummings 773.957.1418 [email protected] 8750 W.