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1300-12 N. Pulaski Road 1300-12 N. PULASKI ROAD CHICAGO, IL 60651 Daniel Vanchieri Advisor 312.756.7337 [email protected] SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 OFFERING MEMORANDUM PROPERTY INFORMATION 1 Property Summary Additional Photos LOCATION INFORMATION 2 Location Overview - Humboldt Park Regional Map Location Maps Zoning & Aerial Maps Retailer Map SOLD COMPARABLES 3 Sold Comps Sold Comps Summary Sold Comps Map FOR SALE COMPARABLES 4 For Sale Comps For Sale Comps Summary For Sale Comps Map DEMOGRAPHICS 5 Demographics Map ADVISOR BIOS 6 Advisor Bio Disclaimer SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 OFFERING MEMORANDUM PROPERTY INFORMATION 1300-12 N. Pulaski Road Chicago, IL 60651 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 3 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $299,000 SVN is pleased to present this unique opportunity to develop or re-purpose a mix use property that is located on the border of Humboldt Park and West Humboldt Building Size: 10,090 SF Park. This 10,090 SF mixed use building sits on a .38 acre of land located on the Lot Size: 0.38 Acres corner of North Pulaski Rd and West Potomac Ave and has plenty of parking in the Price / SF: $29.63 rear. Wonderful potential to develop multifamily, medical offices, school, senior living or day care centers, with proper zoning changes. Year Built: 1909 Zoning: C1-1 16-03-227-036, APN: 16-03-227-039, & 16-03-227-038 1300-12 N. PULASKI ROAD CHICAGO, IL 60651 SVN | Chicago Commercial | Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Additional Photos 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 5 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. LOCATION INFORMATION 1300-12 N. Pulaski Road Chicago, IL 60651 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 6 Location Overview - Humboldt Park HUMBOLDT PARK Humboldt Park is community area number 23 and sits four miles west of the Loop. Humboldt Park is a community area, a neighborhood and a huge city park, all three named for Alexander von Humboldt, a German naturalist. The neighborhood extends from Western to Pulaski and from Armitage to Chicago leaving half of the total neighborhood and half of park in the community area of West Town. The community area begins at Sacramento/Humboldt on the east and is otherwise bordered by rail-lines; the Bloomingdale Line and Street on the north, the Union Pacific at Kinzie on the south and the Belt Railway on the west, just east of Cicero Avenue. The area known as West Humboldt Park extends from Pulaski west to the other borders of the community area. The park was named for Alexander von Humboldt, a German naturalist.The creation of Humboldt and several other west side parks provided beauty, linked together via Chicago's historical boulevard system. The park is flanked by large graystone homes. One of Chicago’s largest parks it contains a beach, an outdoor swimming pool, baseball diamonds, tennis courts, playgrounds and bike paths. There are vast landscape designs, walking and running paths, and a picturesque pond. The Boathouse Pavilion, is an exceptional example of the Prairie School style of architecture. It was designated a Chicago landmark in 1996. Affixed with two enormous, metal Puerto Rican flags that measure almost 60 feet in height, Humboldt Park is rooted in a proud Latino tradition. With streets that are decorated in vibrant murals and air that smells of carne guisada, Humboldt Park is a Caribbean escape shrouded in urban charm. One-quarter of Humboldt Park's residents are of Puerto Rican descent and the area's cultural epicenter, known as the Paseo Boricua, bursts with national pride and Spanish Colonial architecture. On this stretch of Division Street, you will find authentic Latin cuisine, specialty shopping and the Institute of Puerto Rican Arts & Culture, an invaluable ethnic tribute to the area's deeply-rooted heritage. As an event that draws more than one-million people every year, the neighborhood's Puerto Rican People's Parade is one of the highest attended Latino celebrations in the country. And 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 keeping with the SVN | Chicago Commercial | Page 7 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independentlyfestive theme,owned and operated. the area hosts Fiesta Boricua, an annual block party that draws tens of thousands of visitors every summer. Regional Map Chicago, IL 60651 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 8 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Location Maps 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 9 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Zoning & Aerial Maps 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 10 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Retailer Map 1300-12 N. PULASKI ROAD CHICAGO, IL 60651 SVN | Chicago Commercial | Page 11 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. SOLD COMPARABLES 1300-12 N. Pulaski Road Chicago, IL 60651 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 12 Sold Comps Subject Property$299,000 1300-12 N. Pulaski Road, Chicago, IL 60651 Sale Price: $299,000 Lot Size: 0.38 Acres Year Built: 1909 Building SF: 10,090 SF Price PSF: $29.63 1 3839-45 W. Chicago Avenue Chicago, IL 60651 1 Sale Price: $300,000 Lot Size: 0.21 Acres Year Built: 1930 Building SF: 8,784 SF Price PSF: $34.15 Closed: 08/20/2019 2 1906 N. Cicero Avenue Chicago, IL 60639 2 Sale Price: $200,000 Lot Size: 0.5 Acres Year Built: 1940 Building SF: 5,546 SF Price PSF: $36.06 Closed: 05/01/2019 3 2101 N. Cicero Avenue Chicago, IL 60639 3 Sale Price: $239,000 Lot Size: 0.18 Acres Year Built: 1950 Building SF: 7,000 SF Price PSF: $34.14 Closed: 03/15/2019 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 13 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Sold Comps 4 1134 N. Kilbourn Avenue Chicago, IL 60651 4 Sale Price: $500,000 Lot Size: 0.69 Acres Year Built: 1920 Building SF: 30,000 SF Price PSF: $16.67 Closed: 08/16/2019 5 1742 N. Kimball Avenue Chicago, IL 60647 5 Sale Price: $2,100,000 Lot Size: 3.52 Acres Year Built: 1934 Building SF: 60,000 SF Price PSF: $35.00 Closed: 10/30/2019 6 2241-51 N. Knox Avenue Chicago, IL 60639 6 Sale Price: $1,185,000 Lot Size: 0.83 Acres Year Built: 1916 Building SF: 27,732 SF Price PSF: $42.73 Closed: 02/28/2019 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 14 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Sold Comps Summary SUBJECT PROPERTY PRICE BLDG SF PRICE/SF 1300-12 N. Pulaski Road $299,000 10,090 SF $29.63 Chicago, IL 60651 SALE COMPS PRICE BLDG SF PRICE/SF CLOSE 1 3839-45 W. Chicago Avenue Chicago, IL $300,000 8,784 SF $34.15 08/20/2019 60651 2 1906 N. Cicero Avenue Chicago, IL $200,000 5,546 SF $36.06 05/01/2019 60639 3 2101 N. Cicero Avenue Chicago, IL $239,000 7,000 SF $34.14 03/15/2019 60639 4 1134 N. Kilbourn Avenue Chicago, IL $500,000 30,000 SF $16.67 08/16/2019 60651 5 1742 N. Kimball Avenue Chicago, IL $2,100,000 60,000 SF $35.00 10/30/2019 60647 6 2241-51 N. Knox Avenue Chicago, IL $1,185,000 27,732 SF $42.73 02/28/2019 60639 PRICE BLDG SF PRICE/SF CLOSE Totals/Averages $754,000 23,177 SF $32.53 1300-12 N.
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