For Sale 28.3 Acres ORCHARD ROAD OAK STREET NEC ORCHARD RD AND OAK ST, KANE COUNTY (NORTH AURORA), IL
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1 RETAIL COMMERCIAL MIXED-USE DEVELOPMENT POTENTIAL For Sale 28.3 Acres NEC ORCHARD RD AND OAK ST, KANE COUNTY (NORTH AURORA), IL ORCHARD ROAD OAK STREET
2 EXCLUSIVE AGENT Colliers International ( Seller s Agent ) is the exclusive agent for the owner and seller ( Seller ) Forecom Challenger, Inc. DESIGNATED AGENTS The designated agents for the Seller are: Gregory J. Pacelli, SIOR William M. Dolemba Anne R. Dempsey Principal Senior Vice President Vice President Greg.Pacelli@Colliers.com Mark.Dolemba@Colliers.com Anne.Dempsey@Colliers.com Colliers International Disclaimer This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved. 2
3 Overview Property Highlights 28.3 Acres Retail, Commercial, Mixed-use Potential Active Annexation Agreement establishing B-2 zoning with North Aurora, Illinois Strong area demographic profile Summary Seller offers the Property, as is where is subject to annexation, zoning and development plan approval. Offering Price $ 2,970,000 $ 2.40 psf 3
4 Demographics POPULATION 3 MILE 5 MILE 10 MILE 2019 Projection 48, , , Estimate 45, ,1 465,656 Growth % 3.56% 3.10% HOUSEHOLD INCOME 3 MILE 5 MILE 10 MILE 2014 Est. Median Household $65,269 $64,7 $71,7 (From Costar) 1. Just ½ mile north of a full 4-way interchange at Orchard Road and I Signalized intersection at the southwest corner of the Property. 3. Significant frontage, access and visibility on Orchard Road and Oak Street. 4. Active annexation agreement with the Village of North Aurora, IL establishing B-2 zoning. 5. Located in existing major retail corridor. 6. Utilities available to property. 7. Orchard Rd. and Oak St. improved 8. Good Vehicles Per Day (from Costar) 28,207 on Orchard Road 7,800 on Oak Road 9. Demographics Growth - Good Median Household Income - Good 4
5 5
6 FOX LAKE 132 OLD MILL CREEK GURNEE LINDENHURST WADSWORTH WAUKEGAN NORTH MCHENRY 132 ROUND LAKE BEACH 120 VOLO GRAYSLAKE 137 NORTH CHICAGO miles MARENGO LAKE IN THE HILLS HUNTLEY CRYSTAL LAKE ALGONQUIN SLEEPY HOLLOW ELGIN BARRINGTON 62 HANOVER PARK 20 Elgin-O'Hare Expy. BLOOMINGDALE 2 64 CAROL STREAM 53 ADDISON ST. CHARLES 355 BATAVIA WEST CHICAGO MUNDELEIN WAUCONDA 20 LAKE ZURICH 2 45 LIBERTYVILLE PALWAUKEE NORTHBROOK 12 FIELD ROLLING MEADOWS ARLINGTON 53HEIGHTS GLENVIEW VERNON HILLS Lake Cook Rd. 83 ELMHURST LINCOLNSHIRE HIGHLAND PARK BUFFALO GROVE HOFFMAN MOUNT ESTATES PROSPECT SCHAUMBURG 58 ELK GROVE LOMBARD VILLAGE ITASCA OAKBROOK 45 2 DEERFIELD 1 O'HARE ROSEMONT INTERNATIONAL AIRPORT FRANKLIN PARK LAKE FOREST 64 MELROSE PARK OAK PARK 2 BROADVIEW 43 CICERO 41 Lake Michigan WINNETKA WILMETTE SKOKIE CHICAGO EVANSTON SUGAR GROVE 88 2 AURORA NAPERVILLE LISLE DOWNERS GROVE HINSDALE BURR RIDGE East-West Tollway MCCOOK BEDFORD PARK MIDWAY AIRPORT WOODRIDGE BOLINGBROOK ROMEOVILLE 53 ALSIP 57 HAMMOND GARY PLAINFIELD ORLAND PARK SOUTH HOLLAND SHOREWOOD 30 JOLIET TINLEY PARK 80 2 CHICAGO MATTESON HEIGHTS PARK FOREST LANSING NEW LENOX MINOOKA 80 UNIVERSITY PARK ELWOOD MONEE 6
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