BANKRUPTCY SALE 155,000 Sq
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BANKRUPTCY SALE 155,000 Sq. Ft. Fee-Owned Big Box Retail Store Available 3200 Lake Avenue, Wilmette, IL Property Information Memorandum Michael Jerbich Jim Terrell (312) 454-2057 (815) 527-5188 [email protected] [email protected] Chris Draper ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. Alexandra Graiser NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE (312) 454-4522 ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS (631) 465-9514 SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO [email protected] BANKRUPTCY COURT APPROVAL. [email protected] __________________________________________________ OFFERING SUMMARY • OFFERING SUMMARY Available for sale is a 155,000 Sq. Ft. two-story department store that is currently owner occupied by Carson Pirie Scott (a Bon-Ton store). The property is situated on 7.22 acres. The property is physically attached to and serves as an anchor store for Edens Plaza. • OFFERING HIGHLIGHTS • Excellent opportunity for Big Box / Retail Department Store Users • Additional properties also available • Contact A&G Realty Partners for a complete portfolio list • All offers will be considered T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ PROPERTY OVERVIEW • PROPERTY DESCRIPTION Edens Plaza Address: 3200 Lake Avenue Wilmette, IL 60091 County: Cook County Land Area: 7.22 acres Building Size: 155,000 Sq. Ft. Site Shape: Irregular Site Topography: Level at Street Grade No. Buildings / Stories: One / Two Year Built / Renovated: 1964 / 1995 Parcel ID: 05-30-405-020-000 Current Property Taxes: $606,897 Zoning: PCD-1, Planned Commercial Development Business The property contains 641 surface parking spaces. The Parking: parking spaces are asphalt-paved and striped. The site improvements include asphalt paved parking areas, Site Improvements: curbing, signage, landscaping, yard lighting and drainage. T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ IMPROVEMENTS OVERVIEW • IMPROVEMENTS DESCRIPTION Basic Construction: Steel and masonry Foundation: Reinforced concrete slab Framing: Structural steel with masonry Floors: Concrete slab Exterior Walls: Masonry Roof Type: Flat with parapet walls Windows: Thermal windows in aluminum frames Pedestrian Doors: Glass and metal • MECHANICAL DETAIL HVAC: The property is heated and cooled via package rooftop units. Elevator Service: The department store building contains escalators and elevators. Fire Protection: 100% sprinklered • INTERIOR DETAIL The department store building is oriented along the northwest side of Edens Plaza and faces the primary parking lot on the east side of the shopping center. Primary exterior access to the subject is from the east building elevation with additional entrances on the north and west sides. Generally, the subject store consists of two open selling floors with perimeter office, receiving, and storage space. Floor Covering: Carpet & tile Walls: Drywall Lighting: Fluorescent and incandescent Ceiling: Acoustical tile T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ PHOTOGRAPHS T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ SURVEY T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ AERIAL MAPS T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ MAP & LOCATION OVERVIEW • LOCATION SUMMARY The property is located in the city of Wilmette in Cook County, Illinois. The subject property is situated at the north end of Edens Plaza, with access provided from both Skokie Boulevard (east) and Lake Avenue (south). Generally, the boundaries of the immediate area are Willow Road to the north, Ridge Road to the east, Old Orchard Road to the south and Waukegan Road to the west. Wilmette is a north suburb located approximately 5.0 miles north of the border of the City of Chicago, Illinois. Surrounding communities include Winnetka to the north, Glenview, Golf, Morton Grove and Northfield to the west, Skokie and Lincolnwood to the south. Lake Michigan and Evanston borders Wilmette to the east and southeast, respectively. The Northwestern University campus is located approximately 4.5 miles southeast of the subject property. The central business district of Chicago is approximately 15.0 miles south of the subject. • ACCESS SUMMARY Local: The subject is bound by Interstate 94, Lake Avenue, and Skokie Boulevard. Both Lake Avenue and Skokie Boulevard are major thoroughfares for the subject’s market, resulting in good local access for the subject. Regional: Interstate 94 provides regional ingress and egress, with the nearest access point being immediately east of the subject property with a full interchange at Lake Avenue. T: 312-454 -2057 www.agrealtypartners.com __________________________________________________ CONFIDENTIALITY AND DISCLAIMER Confidentiality and Conditions ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO BANKRUPTCY COURT APPROVAL. T: 312-454 -2057 www.agrealtypartners.com .