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
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 +1 8 698 8204 +1 8 571 6014 +1 8 698 8269 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). 2014. All rights reserved. 2
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
Demographics POPULATION 3 MILE 5 MILE 10 MILE 2019 Projection 48,252 154,499 480,091 2014 Estimate 45,842 149,1 465,656 Growth 2014-2019 5.26% 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-88. 2. 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
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FOX LAKE 132 OLD MILL CREEK GURNEE LINDENHURST WADSWORTH WAUKEGAN NORTH MCHENRY 132 ROUND LAKE BEACH 120 VOLO GRAYSLAKE 137 NORTH CHICAGO 137 0 1 5 10 miles MARENGO LAKE IN THE HILLS HUNTLEY CRYSTAL LAKE ALGONQUIN SLEEPY HOLLOW ELGIN 31 25 72 22 59 14 BARRINGTON 62 HANOVER PARK 20 Elgin-O'Hare Expy. BLOOMINGDALE 2 64 CAROL STREAM 53 ADDISON ST. CHARLES 355 BATAVIA WEST CHICAGO 59 12 MUNDELEIN WAUCONDA 20 LAKE ZURICH 2 45 LIBERTYVILLE 83 83 68 PALWAUKEE NORTHBROOK 12 FIELD 14 21 41 ROLLING MEADOWS ARLINGTON 53HEIGHTS GLENVIEW 88 176 60 VERNON HILLS Lake Cook Rd. 83 ELMHURST 22 45 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 30 56 SUGAR GROVE 88 2 AURORA NAPERVILLE LISLE DOWNERS GROVE HINSDALE BURR RIDGE East-West Tollway 53 355 55 MCCOOK 55 43 BEDFORD PARK MIDWAY AIRPORT 50 12 20 WOODRIDGE BOLINGBROOK ROMEOVILLE 53 ALSIP 57 HAMMOND GARY PLAINFIELD 59 7 171 ORLAND PARK 45 50 SOUTH HOLLAND SHOREWOOD 30 JOLIET TINLEY PARK 80 2 CHICAGO MATTESON HEIGHTS PARK FOREST LANSING NEW LENOX MINOOKA 80 UNIVERSITY PARK ELWOOD MONEE 6