Suggested Opening Bid:$600,000
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1 Fuel Station Plus Dispatch Building & Flex Building Palatine,IL For Auction Suggested Opening Bid:$600,000 Offering Highlights Online Auction bidding starts 11 AM CST February 8, 2016 and ends Wednesday, February 10, 11 AM CST Suggested Opening Bid: $600,000 plus 5% buyer's premium Diana Peterson President Cooperating Broker's Commission: 2% Visit www. for details
2 For Auction Fuel Station Plus Dispatch Building & Flex Building Fuel Station Plus Dispatch Building & Flex Building 515 West Colfax Palatine, IL Property Overview Suggested Opening Bid: $600,000 Lot Size: Approx. 30,000 SF Building Size: 2014 Taxes & PIN #S: Approx. 8,590 SF $32,919.08; $7,308.10; Zoning: M; Manufacturing Property Description Property Formerly used as a wholesale distribution terminal, this property includes two buildings and a fueling station on approx..69 acres with 300 feet of frontage along the southwest side of Colfax Street and approximately 100 feet of depth. The larger of the two buildings is an approx. 7,582 sf, two story, steel and masonry constructed flex building built in It features a foyer, a kitchen, 2 open office areas, conference room, small office on the west end, two rest rooms, a finished mezzanine storage area, main office, and 2 small offices on the second floor. This building has approximately 60% of finished office space and approximately 40% of warehouse space. The warehouse has skylights, a clear height of approximately 20 feet, and is served by one exterior truck dock and one, overhead drive-in door. The second and smaller of the two buildings is an approx. 1,008 sf, one story dispatch building adjacent to the fueling station. It includes a drivers room, office, locker room and rest rooms. The fueling station area features a large canopy, 12 fueling stations, and 8 underground fuel tanks. The surface parking lot includes spaces for 14 cars and 5 semi-trucks. Location This property is located along the southwest side of Colfax Street, at Wanda Avenue in Palatine, Illinois. Presented by DIANA PETERSON diana.peterson@svn.com 2
3 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Location Maps 3
4 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 4
5 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 5
6 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 6
7 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Flex Building Plus Dispatch Building & Fuel Station Additional Photos 7
8 Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Demographics Report 515 West Colfax Palatine, IL Auction 1 Mile 3 Miles 5 Miles Total Population 12,595 85, ,547 Total Number of Households Total Number of Persons per Household Average House Value Average Household Income 5,420 33,728 84, $338,267 $426,325 $424,876 $96,588 $107,324 $99,512 Median Age Median Age - Male Median Age - Female Total Population - White Total Percent - White 10,251 69, , % 81.3% 80.8% Total Population - Black Total Percent - Black 344 2,417 5, % 2.8% 2.5% Total Population - Asian Total Percent - Asian 1,335 10,559 24, % 12.3% 11.1% Total Population - Hawaiian Total Percent - Hawaiian % 0.0% 0.0% Total Population - Indian Total Percent - Indian % 0.1% 0.1% Total Population - Other Total Percent - Other 472 1,838 8, % 2.1% 4.0% Total Population - Hispanic Total Percent - Hispanic 1,197 7,478 29, % 8.7% 13.4% * Demographic information provided by BuildOut, Inc. 8
9 Site Details Map 515 W Colfax St, Palatine, Illinois, Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: Longitude: This site is located in: City: County: State: Palatine village Cook County Illinois ZIP Code: Census Tract: Census Block Group: CBSA: Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area September 29, Esri Page 1 of 1
10 Traffic Count Map - Close Up 515 W Colfax St, Palatine, Illinois, Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: Longitude: Source: 2015 Market Planning Solutions, Inc. September 29, Esri Page 1 of 1
11 Traffic Count Profile 515 W Colfax St, Palatine, Illinois, Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: Longitude: Distance: Street: Closest Cross-street: Year of Count: Count: 0.07 W Colfax St Wanda Ln (0.13 miles NW) , W Colfax St Eric Dr (0.04 miles W) , W Colfax St N Quentin Rd (0.09 miles NW) , W Colfax St N Smith St (0.02 miles E) , N Quentin Rd W Willow St (0.02 miles N) , N Quentin Rd W Cornell Ave (0.03 miles S) , N Smith St W Tower Pl (0.01 miles S) , W Colfax St N Smith St (0.05 miles W) , Palatine Rd Hickory St (0.03 miles E) , Palatine Rd N Cedar St (0.02 miles E) , N Quentin Rd W Colfax St (0.07 miles S) , N Quentin Rd Drew Ln (0.04 miles S) , Palatine Rd N Maple St (0.02 miles W) , Palatine Rd Ash St (0.01 miles E) , Baldwin Rd Lynn Dr (0.04 miles E) , Charter Hall Baldwin Rd (0.00 miles N) , W Colfax St N Brockway St (0.02 miles W) , Baldwin Rd Deer Run Dr (0.02 miles E) , N Franklin Ave W Alva Ave (0.11 miles N) N Quentin Rd W Alva Ave (0.02 miles S) , W Colfax St Maple Ave (0.05 miles NW) , Baldwin Rd N Smith St (0.16 miles W) , W Wood St N Bothwell St (0.02 miles W) , Baldwin Rd Stephen Dr (0.04 miles E) , N Franklin Ave W Alva Ave (0.01 miles N) N Plum Grove Rd E Lincoln St (0.02 miles S) , W Willow St N Middleton Ave (0.00 miles E) N Plum Grove Rd E Baldwin Rd (0.07 miles N) , S Quentin Rd W Kristen Ct (0.03 miles N) , Maple Ave W Colfax St (0.06 miles S) Data Note:The Traffic Profile displays up to 30 of the closest available traffic counts within the largest radius around your site. The years of the September 29, Esri Page 1 of 1
12 Site Map on Satellite Imagery Miles Wide 515 W Colfax St, Palatine, Illinois, Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: Longitude: Source: ArcGIS Online World Imagery Basemap September 29, Esri Page 1 of 1
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