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 312.756.7333 diana.peterson@svn.com Cooperating Broker's Commission: 2% Visit www. for details
For Auction Fuel Station Plus Dispatch Building & Flex Building Fuel Station Plus Dispatch Building & Flex Building 515 West Colfax Palatine, IL 60067 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; 02-15-102-038 $7,308.10; 02-15-102-043 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 1987. 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 312.756.7333 diana.peterson@svn.com 2
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Location Maps 3
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 4
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 5
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Additional Photos 6
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Flex Building Plus Dispatch Building & Fuel Station Additional Photos 7
Flex Building Plus Dispatch Building & Fuel Station Property For Auction Fuel Station Plus Dispatch Building & Flex Building Demographics Report 515 West Colfax Palatine, IL 60067 Auction 1 Mile 3 Miles 5 Miles Total Population 12,595 85,734 220,547 Total Number of Households Total Number of Persons per Household Average House Value Average Household Income 5,420 33,728 84,268 2.3 2.5 2.6 $338,267 $426,325 $424,876 $96,588 $107,324 $99,512 Median Age Median Age - Male Median Age - Female 37.5 38.6 38.1 35.9 36.9 36.8 39.8 40.5 39.7 Total Population - White Total Percent - White 10,251 69,720 178,201 81.4% 81.3% 80.8% Total Population - Black Total Percent - Black 344 2,417 5,519 2.7% 2.8% 2.5% Total Population - Asian Total Percent - Asian 1,335 10,559 24,405 10.6% 12.3% 11.1% Total Population - Hawaiian Total Percent - Hawaiian 0 0 0 0.0% 0.0% 0.0% Total Population - Indian Total Percent - Indian 11 64 111 0.1% 0.1% 0.1% Total Population - Other Total Percent - Other 472 1,838 8,787 3.7% 2.1% 4.0% Total Population - Hispanic Total Percent - Hispanic 1,197 7,478 29,464 9.5% 8.7% 13.4% * Demographic information provided by BuildOut, Inc. 8
Site Details Map 515 W Colfax St, Palatine, Illinois, 60067 Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: 42.11679 Longitude: -88.05567 This site is located in: City: County: State: Palatine village Cook County Illinois ZIP Code: 60067 Census Tract: 17031803701 Census Block Group: 170318037012 CBSA: Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area September 29, 2015 2015 Esri Page 1 of 1
Traffic Count Map - Close Up 515 W Colfax St, Palatine, Illinois, 60067 Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: 42.11679 Longitude: -88.05567 Source: 2015 Market Planning Solutions, Inc. September 29, 2015 2015 Esri Page 1 of 1
Traffic Count Profile 515 W Colfax St, Palatine, Illinois, 60067 Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: 42.11679 Longitude: -88.05567 Distance: Street: Closest Cross-street: Year of Count: Count: 0.07 W Colfax St Wanda Ln (0.13 miles NW) 2010 6,100 0.27 W Colfax St Eric Dr (0.04 miles W) 2002 7,600 0.35 W Colfax St N Quentin Rd (0.09 miles NW) 2010 6,100 0.36 W Colfax St N Smith St (0.02 miles E) 2010 6,100 0.39 N Quentin Rd W Willow St (0.02 miles N) 2010 27,900 0.39 N Quentin Rd W Cornell Ave (0.03 miles S) 2010 27,900 0.42 N Smith St W Tower Pl (0.01 miles S) 2006 6,500 0.44 W Colfax St N Smith St (0.05 miles W) 2006 4,800 0.45 Palatine Rd Hickory St (0.03 miles E) 2006 11,300 0.45 Palatine Rd N Cedar St (0.02 miles E) 2006 11,300 0.48 N Quentin Rd W Colfax St (0.07 miles S) 2010 19,400 0.49 N Quentin Rd Drew Ln (0.04 miles S) 2010 27,900 0.49 Palatine Rd N Maple St (0.02 miles W) 2006 11,300 0.50 Palatine Rd Ash St (0.01 miles E) 2006 11,300 0.50 Baldwin Rd Lynn Dr (0.04 miles E) 2009 28,900 0.52 Charter Hall Baldwin Rd (0.00 miles N) 2005 27,300 0.53 W Colfax St N Brockway St (0.02 miles W) 2010 6,100 0.56 Baldwin Rd Deer Run Dr (0.02 miles E) 2009 28,900 0.57 N Franklin Ave W Alva Ave (0.11 miles N) 1973 250 0.59 N Quentin Rd W Alva Ave (0.02 miles S) 2010 19,400 0.60 W Colfax St Maple Ave (0.05 miles NW) 2010 6,100 0.62 Baldwin Rd N Smith St (0.16 miles W) 2009 28,900 0.62 W Wood St N Bothwell St (0.02 miles W) 1991 10,062 0.62 Baldwin Rd Stephen Dr (0.04 miles E) 2009 28,900 0.63 N Franklin Ave W Alva Ave (0.01 miles N) 1973 250 0.64 N Plum Grove Rd E Lincoln St (0.02 miles S) 2006 5,900 0.64 W Willow St N Middleton Ave (0.00 miles E) 1973 50 0.65 N Plum Grove Rd E Baldwin Rd (0.07 miles N) 2006 5,900 0.65 S Quentin Rd W Kristen Ct (0.03 miles N) 2010 21,600 0.66 Maple Ave W Colfax St (0.06 miles S) 1973 75 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, 2015 2015 Esri Page 1 of 1
Site Map on Satellite Imagery - 0.8 Miles Wide 515 W Colfax St, Palatine, Illinois, 60067 Prepared by Diana Peterson Ring Bands: 0-5 mile radii Latitude: 42.11679 Longitude: -88.05567 Source: ArcGIS Online World Imagery Basemap September 29, 2015 2015 Esri Page 1 of 1