VALUE CITY FURNITURE (VACANT) - BIG BOX REDEVELOPMENT OPPORTUNITY WITHIN WESTVIEW CENTER STREAMWOOD, IL (CHICAGO MSA) - LoopNet
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INVESTMENT OPPORTUNITY VALUE CITY FURNITURE (VACANT)
BIG BOX REDEVELOPMENT OPPORTUNITY
WITHIN WESTVIEW CENTER
STREAMWOOD, IL (CHICAGO MSA)
Actual Property
OFFERED AT: $4,050,000 | $50 PSF
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
TABLE OF CONTENTS
EXECUTIVE SUMMARY
4 Offering Summary
5 Investment Highlights
PROPERTY INFORMATION
7 Location Maps
8 Use Restrictions & Site Plan
9 Site Survey
10 Property Photos
11 Aerials
AREA OVERVIEW
17 Chicago Overview
18 Demographics
Confidentiality Agreement & Disclosures
EXCLUSIVELY REPRESENTED BY
RYAN BARR RYAN BENNETT
Principal Principal
760.448.2446 760.448.2449
rbarr@lee-associates.com rbennett@lee-associates.com
Lic#01338994 Lic#01826517
BROKER OF RECORD:
Lee & Associates of Illinois, LLC
IL Brokers Lic# 481000317
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 2
EXECUTIVE SUMMARY
VALUE CITY FURNITURE (VACANT)
STREAMWOOD, IL
Actual Photo
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 3
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Offering Summary Investment Highlights
-- OFFERING SUMMARY --
INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW
Offering Price: $4,050,000 960 S Barrington Rd
Address:
Price/SF: $50 Streamwood, IL
Property Size: Approx 81,000 sq ft
Land Size: 5.61 Acres
Ownership: Fee Simple
Year Built: 1989
APN: 06-25-202-005
Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land & building) in a dark retail investment
property formerly leased by Value City Furniture located in Streamwood, IL (the “Property”). Built in 1989, the Property
consists of an 81,000-square-foot building that sits on an approximately 5.61-acre parcel.
The property offers frontage along Barrington Rd, offering outstanding access and excellent visibility to 29,500+ cars per
day. The subject property is co-anchored by LA Fitness and features tenants Dollar Tree, Chuck E. Cheese, Sears Outlet, and
Portillo’s Hot Dogs, offering a strong draw to the center. The property is shadow anchored by Walmart Supercenter, with
co-tenants Citbank, Hibachi Grill, and Egg Basket Pancake House. Barrington Road is a retail-heavy corridor and is home to
other big box retailers including Home Depot, Big Lots, Target, Kohl’s and Menards.
The subject property is ideally located just one mile from Irving Park Rd/SR-19 (32,000 CPD), which is a major commuter
corridor and travel connector to/from Streamwood to Illinois Rte 390 for access to nearby O’Hare International Airport
(20.8 miles) and to Interstate 290 into Downtown Chicago (32 miles).
The subject property is located within the Village of Streamwood, Illinois, a northwest suburb of Chicago. Streamwood’s
location allows direct access to major expressways along Route 20 and Route 59. Access to O’Hare International Airport
and regional airports are also close and convenient. As such, the industrial market in this region has remained strong, with
millions of square feet coming online every quarter, as e-commerce companies feed their demand for new shipping and
logistics spaces. Streamwood is home to large national and international industrial companies such as Fresh Express, Rydin
Decal, Trelleborg Industries, and KSO Metalfab. Last fall, Seattle-based Expeditors International signed a 424,000-square
foot industrial lease in Streamwood, where their trucks will have quick access to the O’Hare-Elgin Expressway, which
officials are aiming to extend into a new west entry point at the airport by 2022.
Streamwood is located just 32 miles northwest of Chicago and is part of the Chicago metropolitan area. With an estimated
population of 9.9 million (2018), the Chicago metropolitan area is the third largest in the United States. The city of Chicago
is the most populous city in the Midwest, and the third most populous city in the United States.
Chicago is an international hub for finance, culture, commerce, industry, technology, telecommunications, and
transportation. The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $680
billion in 2017, The city and its surrounding metropolitan area contain the third-largest labor pool in the United States with
about 4.63 million workers, and it has one of the world’s most diversified and balanced economies, with no single industry
employing more than 14% of the workforce.
Chicago is a huge tourist destination as well. In 2018, the city attracted an unprecedented 57.6 million visitors - a 4.3%
jump over 2017’s record of 55.2 million. The rate of growth was greatest among domestic travelers, whose numbers
contributed more than US$15 billion to Chicago’s economy. From its upscale shopping along the Magnificent Mile and
State Street, thousands of restaurants, music events such as Lollapalooza, and numerous professional sports teams, there
are endless destinations that continue to draw tourists and sports enthusiasts every year.
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 4
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Offering Summary Investment Highlights
-- INVESTMENT HIGHLIGHTS --
HARD CORNER LOCATION WITH FRONTAGE ALONG BARRINGTON RD (29,000+ CPD) • EXCELLENT VISIBILITY • MULTIPLE
ACCESS POINTS • STRONG DRAW TO TRADE AREA
The property is located at the intersection of S. Barrington Rd & Ramblewood Dr, offering excellent visibility to 29,500+
cars per day. There are multiple entrances to the center, providing for easy in/out access. Barrington Road is a retail-heavy
corridor and is home to other big box retailers including Home Depot, Big Lots, Target, Kohl’s and Menards, providing for a
strong draw to the trade area.
SHADOW ANCHORED BY WALMART SUPERCENTER • STRONG CO-TENANTS LA FITNESS, BIG LOTS, DOLLAR TREE
The subject property is co-anchored by LA Fitness and features tenants Dollar Tree, Big Lots, Chuck E. Cheese, Sears Outlet,
and Portillo’s Hot Dogs, offering good retail synergy in the center. The property is shadow anchored by Walmart Supercenter,
with co-tenants Citbank, Hibachi Grill, and Egg Basket Pancake House.
PROXIMITY TO IRVING PARK RD/SR-19 • MAJOR COMMUTER/TRAVEL CORRIDOR • QUICK ACCESS TO O’HARE
INTERNATIONAL AIRPORT, DOWNTOWN CHICAGO
The subject property is ideally located just one mile from Irving Park Rd/SR-19 (32,000 CPD), which is a major commuter
corridor and travel connector to/from Streamwood to Illinois Rte 390 for access to nearby O’Hare International Airport (20.8
miles) and to Interstate 290 into Downtown Chicago (32.8 miles).
LOCATED IN THE VILLAGE OF STREAMWOOD (32 MILES FROM CHICAGO) • STRONG INDUSTRIAL MARKET • HOME TO
LARGE NATIONAL & INTERNATIONAL INDUSTRIAL/MANUFACTURING COMPANIES
The subject property is located within the Village of Streamwood, Illinois, a northwest suburb of Chicago (32 miles from
downtown Chicago). Streamwood’s location allows direct access to major expressways along Route 20 and Route 59, and
convenient access to O’Hare International Airport and regional airports. As such, the industrial market in this region has
remained strong.
Streamwood is home to large national and international industrial companies such as Fresh Express, Rydin Decal, Trelleborg
Industries, and KSO Metalfab. Last fall, Seattle-based Expeditors International signed a 424,000-square foot industrial lease
in Streamwood, where their trucks will have quick access to the O’Hare-Elgin Expressway, which officials are aiming to
extend into a new west entry point at the airport by 2022.
NORTHWEST SUBURB OF CHICAGO • PART OF CHICAGO METROPOLITAN AREA: THIRD-LARGEST IN THE U.S. • LARGE
LABOR POOL, DIVERSIFIED AND BALANCED ECONOMY, HUGE TOURIST DESTINATION
Streamwood is located just 32 miles northwest of Chicago, and is part of the Chicago metropolitan area. With an estimated
population of 9.9 million (2018), the Chicago metropolitan area is the third-largest in the United States. The city of Chicago
is the most populous city in the Midwest, and the third most populous city in the United States.
Chicago is an international hub for finance, culture, commerce, industry, technology, telecommunications, and transportation.
The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $680 billion in 2017, The
city and its surrounding metropolitan area contain the third-largest labor pool in the United States with about 4.63 million
workers, and it has one of the world’s most diversified and balanced economies, with no single industry employing more
than 14% of the workforce.
Chicago is a huge tourist destination as well. In 2018, the city attracted an unprecedented 57.6 million visitors - a 4.3% jump
over 2017’s record of 55.2 million. The rate of growth was greatest among domestic travelers, whose numbers contributed
more than US$15 billion to Chicago’s economy. From its upscale shopping along the Magnificent Mile and State Street,
thousands of restaurants, music events such as Lollapalooza, and numerous professional sports teams, there are endless
destinations that continue to draw tourists and sports enthusiasts every year.
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 5
PROPERTY INFORMATION
VALUE CITY FURNITURE (VACANT)
STREAMWOOD, IL
Actual Photo
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 6
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- LOCATION MAPS --
JANESVILLE
KENOSHA
E
SC
HA
UM
BU
RG
RD
NORTH CHICAGO
W SC HAUM BU RG RD
N BARRINGTON RD
ROCKFORD
ARLINGTON HEIGHTS
EVANSTON
ELGIN
W WEATHE RSF IELD WAY
CHICAGO
BUTTITTA DR
NAPERVILLE
SUBJECT
PROPERTY
STREAMWOOD
S BARRINGTON RD
JOLIET
NORTHWAY DR
IR VING
PA R K R
D
IR VING
PA R K R
D
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 7
N.A.P
N.A.P
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
N.A.P
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials N.A.P
N.A.P
N.A.P
-- USE RESTRICTIONS & SITE PLAN -- N.A.P
Chicago-Naperville-Elgin, IL-IN-WI
N.A.P
Westview Center
100
150
190
7630 N Barrington Road | Hanover Park, IL 60133 42.010021, -88.146324
200
250
260
270&2
280
284
300
350
400
410
420
430
500
600
700
900
USE RESTRICTIONS
No portion of the shopping center site may be used or occupied by the following uses:
a) Adult entertainment
b) Car wash
c) Massage parlor
d) Sports, health, exercise or dance facility
e) Theatre
f) Bowling alley
g) Skating rink
h) Game room
i) Non-retail purposes (offices, storage, repairs and alterations incidental to retailing, barber shops, beauty salons, banks and small loan offices are not deemed non-retail for this purpose)
j) Bar or tavern
k) Supermarket or grocery store
Center Size: 321,382 SF 4151
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 8
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- SITE SURVEY --
251.8’
211.0’
CEILING HEIGHT
22.8’
330.3’
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 9
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- PROPERTY PHOTOS --
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 10EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- OVERHEAD VIEW --
Ramb
lewoo
d Dr
251.8
’
Ramb
lewoo
330.3’ d Dr
211 CEILING HEIGHT
.0’ 22.8’
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 11EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- LOOKING NORTHWEST -- ELGIN WEST DUNDEE
Ridge Circle
STREAMWOOD Streamwood Park District
Elementary School Canton
Tefft Middle
School Middle School
Sunnydale
Elementary School
Rydin
Rolled Alloys Buttitta D Devotional
Shared Imaging
Kropp Equipment Trelleborg Sealing Solutions r Associates
Lynx Litho DuPage Paper Stock Inc.
Husky Truck Repair
Best Lawns
Alright Concrete
Ozinga Concrete Materials
Ram
ble
wo
od
Dr
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 12EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- LOOKING NORTHEAST --
MT PROSPECT DES PLAINES
Schaumburg SCHAUMBURG
High School
S Barrin Albert Einstein
gton Rd Elementary School
(29,500
CPD)
Devotional
Associates
S Barri
ngton
Rd (29
m b l e wood Dr ,500 CP
R a D)
Alright Concrete
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 13EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
Maines Paper & Food Lithonia Lighting
Madden Communications Pentair Filtration
Matsui America RGM
-- LOOKING SOUTHEAST -- Fujifilm Graphic Systems Round Ground Metal
Now Express Aquion Water Treatment
19 19
19
HANOVER PARK CHICAGO O’HARE
INT’L AIRPORT
Albert Einstein
Elementary School
)
d (29,500 CPD
S Barrington R
Ozinga Concrete Materials
Ra
m
bl
ew
oo
d
Dr
Alright Concrete
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 14EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Location Maps Use Restrictions & Site Plan Site Survey Property Photos Aerials
-- LOOKING SOUTHWEST --
Distribution Facility
19
19
19 Streamwood Bowl Sunnydale
Amor Banquet
Streamwood Behavorial Elementary School
19 Healthcare System Kropp Equipment
Jensen
Blvd Natraj Dance Academy Best Lawns Lynx Litho
Husky Truck Repair
Ozinga Concrete Materials DuPage Paper Stock Inc.
Alright Concrete
D r
ood
e w
bl
m
Ra
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 15AREA OVERVIEW
VALUE CITY FURNITURE (VACANT)
STREAMWOOD, IL
Actual Photo
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 16EXECUTIVE SUMMARY PROPERTY INFORMATION AREA OVERVIEW
Chicago Overview Demographics
-- CHICAGO OVERVIEW --
Streamwood is a northwest suburb of Chicago, and is part of the Chicago
metropolitan area. With an estimated population of 2,705,994 (2018), Chicago
is the most populous city in the Midwest, and the third most populous city in the
United States.
INTERNATIONAL HUB FOR FINANCE • DYNAMIC ECONOMY • THIRD-LARGEST LABOR POOL IN THE U.S.
Chicago is an international hub for finance, culture, commerce, industry, technology, telecommunications, and
transportation. The city is the seat of the Federal Reserve Bank of Chicago, the Bank’s Seventh District. The city has
major financial and futures exchanges, including the Chicago Stock Exchange, the Chicago Board Options Exchange
(CBOE), and the Chicago Mercantile Exchange (the “Merc”), which is owned, along with the Chicago Board of Trade
(CBOT) by Chicago’s CME Group. In 2017, Chicago exchanges traded 4.7 billion derivatives with a face value of over
one quadrillion dollars. Chase Bank has its commercial and retail banking headquarters in Chicago’s Chase Tower.
Academically, Chicago has been influential through the Chicago school of economics, which fielded some 12 Nobel
Prize winners.
It is the site of the creation of the first standardized futures contracts at the Chicago Board of Trade, which today is
the largest and most diverse derivatives market gobally, generating 20% of all volume in commodities and financial
futures. The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $680 billion
in 2017. In addition, the city has one of the world’s most diversified and balanced economies, not being dependent on
any one industry, with no single industry employing more than 14% of the workforce.
TOP TOURIST DESTINATION: MUSIC FESTIVALS, SPORTING EVENTS • THIRD-LARGEST CONVENTION DESTINATION IN
The city and its surrounding metropolitan area contain the third-largest labor pool in the United States with about 4.63 THE U.S.
million workers. The City of Chicago hosts 12 Fortune Global 500 companies and 17 Financial Times 500 companies.
According to Site Selection magazine, the Chicago area has seen the most corporate headquarters relocation or In 2018, Chicago attracted an unprecedented 57.6 million visitors - a 4.3% jump over 2017’s record of 55.2 million.
expansion projects in the US for each of four consecutive years form 2013 to 2016. Caterpillar Inc. moved its global The rate of growth was greatest among domestic travelers, whose numbers contributed more than US$15 billion to
headquarters, with about 300 executives and staff and support personnel, to the Chicago suburb of Deerfield, Illinois, Chicago’s economy. For two years in a row, Conde Nast Traveler readers voted Chicago the No. 1 big city. From its
while its high-technology center is in Chicago. The headquarters of United Continental Holdings, its subsidiary United upscale shopping along the Magnificent Mile and State Street, thousands of restaurants, as well as Chicago’s eminent
Airlines, and its operations center are in the Willis Tower in Chicago. architecture, there are endless destinations that continue to draw tourists. One of these is the Navy Pier, located just
east of Streeterville, houses retail stores, restaurants, museums, exhibition halls and auditoriums. In the summer of
2016, Navy Pier constructed a DW60 Ferris wheel that stands at approximately 196 ft, making it the sixth tallest in the
U.S.
Chicago is the permanent home to the once-traveling festival, Lollapalooza. The three-day music and art extravaganza
brings over 140 artists performing rock, indie, hip-hop, and more to Grant Park for the multi-day mega event. Other
organized citywide cultural celebrations include the Chicago Architecture Biennial, a major international architectural
event, as well as Chicago Theater Week, Chicago Ideas Week, and Chicago Humanities Festival.
Chicago is fast becoming a destination city for some of America’s most prestigious athletic events. As home to the Bears
(NFL), Bulls (NBA), White Sox and the Cubs (MLB), and the Blackhawks (NHL), Chicago has the third most franchises in
the four major North American sports leagues, drawing millions of sports enthusiasts to the city every year.
Chicago is the United States’ third-largest convention destination, with big-name conventions turning to Chicago
for tried-and-true hospitality, unique venues and amenities—nearby hotels and convenient transportation among
them. Most conventions are held at McCormick Place, located south of Soldier Field. McCormick Place is the largest
convention center in North America, consisting of four interconnected buildings and one indoor arena. McCormick
Place hosts numerous trade shows and meetings, the largest of which is the Chicago Auto Show every February, the
International Home and Housewares Show each March, and the National Restaurant Association each May.
VALUE CITY FURNITURE (VACANT) | Streamwood, IL (Chicago) | 17Calculated using Weighted Block Centroid from Block Groups
SUMMARY PROFILE
2024 Projected Population 0T 17,776 123,975 245,880
EXECUTIVE SUMMARY PROPERTY INFORMATION AREA0 OVERVIEW
POPULATION
2000-2010 Census,
2010 Census2019 Estimates with 2024 Projections
Population T 18,976 128,979 253,848
Calculated using Weighted Block Centroid from Block Groups
Chicago Overview Lat/Lon:2000 Census Population
42.0128/-88.147 Demographics 0T 19,051 129,714 249,124
Projected Annual Growth 2019 to 2024 - -0.9% -0.7% -0.6%
960 S Barrington Rd - -0.1% - -
-- DEMOGRAPHICS -- Lat/Lon:Historical Annual Growth 2000 to 2019
42.0128/-88.147 1 mi radius 3 mi radius 5 mi radius
Streamwood, IL 60107
2019 Median Age 35.1 36.3 37.5
960 S Barrington Rd
2019 Estimated Population
Households 0 T 1 mi radius
18,567
5,972 3 mi 128,320
46,173 5 mi 253,334
radius 94,815
radius
Streamwood, IL 60107 117,776
Mile 3123,975
Miles 595,225
Miles
HOUSEHOLDS
2024 Projected Population
Households 0T 5,951 46,260 245,880
POPULATION
2010
2019 Census Population
Households
Estimated Population 00 T
T 18,976
5,790
18,567 128,979
44,216
128,320 253,848
90,635
253,334
POPULATION
POPULATION SNAPSHOT
2000
2024 Census Population
ProjectedHouseholds
Population 00 T
T 19,051
6,155
17,776 129,714
44,226
123,975 249,124
88,216
245,880
HOUSEHOLDS POPULATION
• There are over 250,000 people within a 5-mile radius of the subject property. Projected Annual
2010 Census Growth 2019 to 2024
Population 0 T- -0.9%-
18,976 -0.7%-
128,979 -0.6%-
253,848
Historical Annual Growth 2000 to 2019 0 T- -0.1%
-0.2% 0.2%- 0.4%-
• Streamwood is part of the Chicago Metropolitan Area, which is the third-largest 2000 Census Population 19,051 129,714 249,124
metropolitan area in the United States (estimated 9.9 million people). 2019 Estimated
Median
Projected Age
Annual Growth 2019 to 2024
White - -0.9%
61.7%
35.1 -0.7%
65.2%
36.3 -0.6%
66.5%
37.5
• The median age in Streamwood is 38. Historical
2019 AnnualHouseholds
Estimated Growth
Black 2000 toAmerican
or African 2019 0 T- -0.1%
6.4%
5,972 6.3%-
46,173 5.6%-
94,815
RACE AND
ETHNICITY
HOUSEHOLDS
2024 Estimated
2019 Projected
Median Asian or Pacific Islander
Age
Households 0 T- 13.6%
35.1
5,951 15.9%
36.3
46,260 18.0%
37.5
95,225
2019 Census
2010 Estimated American Indian or Native Alaskan
Households -
00 T 0.9%
5,790 0.6%
44,216 0.4%
90,635
2019 Estimated Households T 5,972 46,173 94,815
HOUSING SNAPSHOT 2019 Census
2000 Estimated Other Races
Households 00 T- 17.4%
6,155 12.0%
44,226 9.5%
88,216
HOUSEHOLDS
2024 Projected Households T 5,951 46,260 95,225
- 36.5%- 25.4% 19.3%
• The median property value in Streamwood is $199,000, which is 15% cheaper 2019 Census
Estimated
Projected
2010 Hispanic
Annual Growth 2019 to 2024
Households 0T 5,790 44,216- 90,635-
than nearby Chicago. Historical
2000
2019 CensusAnnual Growth Household
Households
Estimated Average 2000 to 2019
Income $00 T- -0.2%
6,155
$91,063 0.2%
44,226
$94,268 0.4%
88,216
$98,449
INCOME
• Approximately 84% of residents in Streamwood own their home, which is higher Projected Median
GrowthHousehold
AnnualWhite Income
2019 to 2024 $0 T- 61.7%-
$79,714 65.2%-
$83,772 66.5%-
$86,969
& ETHNICITY
2019 Estimated
than the national average (65%).
Historical Per Capita
AnnualBlack
2019 Estimated Growth Income
2000 toAmerican
or African 2019 $0 T- -0.2%
6.4%
$29,410 0.2%
6.3%
$33,977 0.4%
5.6%
$36,891
RACE AND
ETHNICITY
• There are approximately 14,000 households in Streamwood. 2019 Estimated
Estimated White
Asian or Pacific Islander -- 13.6%
8.0%
61.7% 15.9%
6.0%
65.2% 18.0%
5.0%
66.5%
2019 Elementary (Grade Level 0 to 8)
American
2019 Estimated Some
Black High
or Indian or (Grade
School
African Native Alaskan
American Level 9 to 11) -- 0.9%
7.3%
6.4% 0.6%
5.4%
6.3% 0.4%
4.5%
5.6%
RACE AND
ETHNICITY
EDUCATION
-- 17.4% 12.0% 9.5%
RACE
OtherSchool
Races 32.9%
13.6% 26.0%
15.9% 23.1%
18.0%
25+)
2019 Estimated High
Asian or Graduate
Pacific Islander
ECONOMY SNAPSHOT
Hispanic
2019 Estimated Some College
American Indian or Native Alaskan - 36.5%
18.3%
0.9% 25.4%
20.0%
0.6% 19.3%
20.3%
0.4%
(AGE
• The median family income is $83,830, which reflects a 18% increase from 2010. 7.8% 8.0% 7.9%
$0 T- 17.4% 12.0% 9.5%
INCOMEINCOME
2019 Estimated
2019 Estimated Average
Associates
Other RacesDegree Only
Household Income $91,063 $94,268 $98,449
INCOME
• The cost of living index in Streamwood is 111.7, which is 5.2% less than nearby 2019 Estimated
Estimated Median
Bachelors Degree Only - 18.5% 23.5% 26.1%
2019 HispanicHousehold Income $0 T- 36.5%
$79,714 25.4%
$83,772 19.3%
$86,969
Chicago, which is 117.8.
2019 Estimated
Estimated Per
Graduate Degree - 7.2% 11.0% 13.0%
2019
2019 Capita
Estimated Average Income Income
Household $0 T
$0 T $29,410
$91,063 $33,977
$94,268 $36,891
$98,449
• Major industries in Streamwood include Manufacturing, Retail Trade, and Health
Care & Social Assistance. Major employers include Fresh Express-Chiquita Brands, 2019
2019 Estimated
Estimated Total
MedianBusinesses
Household
Elementary (Grade Income
Level 0 to 8) $00 T
T- 563
8.0%
$79,714 3,225
6.0%
$83,772 7,845
5.0%
$86,969
(AGE BUSINESS
Super Target, Streamwood Behavioral Health Center, Streamwood High School, BUSINESS 2019 Estimated
2019 Estimated Some
Total Employees
Per Capita
High Income
School (Grade Level 9 to 11) $00 T
T- 6,657
7.3%
$29,410 35,491
5.4%
$33,977 88,293
4.5%
$36,891
and Village of Streamwood.
EDUCATION
2019 Estimated Employee Population per Business -- 11.8
32.9% 11.0
26.0% 11.3
23.1%
25+)
2019
2019 Estimated
Estimated High School
Elementary Graduate
(Grade Level 0 to 8) 8.0% 6.0% 5.0%
2019
2019 Estimated
Estimated Residential
Some High Population per Business
College -- 33.0
18.3%
7.3% 39.8
20.0%
5.4% 32.3
20.3%
4.5%
2019 Estimated Some School (Grade Level 9 to 11)
EDUCATION
2019
©2019, Sites Estimated
USA, Chandler, Associates
Arizona, 480-491-1112 Degree Only page 1 of 1 -- Source: Applied
Demographic 7.8%
32.9% 8.0%
26.0%
Geographic Solutions 7.9%
23.1%
4/2019, TIGER Geography
(AGE 25+)
2019 Estimated High School Graduate
2019 Estimated
2019 Estimated Some
Bachelors Degree Only
College --Source: SitesUSA.com
18.5%
18.3% 23.5%
20.0%
Trulia.com,
26.1%
20.3%
Datausa.com
2019 Estimated
2019 Estimated Associates
Graduate Degree
Degree Only -- 7.2%
7.8% 11.0%
8.0% 13.0%
7.9%
Bachelors
2019 Estimated Total Degree Only
Businesses 0 T- 18.5%
563 23.5%
3,225 26.1%
7,845
USINESS
Graduate
2019 Estimated Total Degree
Employees 0 T-
VALUE CITY FURNITURE
7.2%
6,657
(VACANT)
11.0%
35,491
| Streamwood,
13.0%
88,293
IL (Chicago) | 18
2019
2019 Estimated
Estimated Employee Population per Business
Total Businesses 0 T- 11.8
563 11.0
3,225 11.3
7,845
SExclusively Listed By:
RYAN BARR RYAN BENNETT
Principal Principal
BARR&BENNETT
NETLEASEDINVESTMENTS 760.448.2446 760.448.2449
rbarr@lee-associates.com rbennett@lee-associates.com
A Lee & Associates Team
Lee & Associates hereby advises all prospective purchasers of Net-Leased Invesment property as follows:
The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not
and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no
guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.
As the Buyer of an investment property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information
before completing any purchase.This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity.
Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions
or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value
of an investment property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s
tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any investment property to determine to your
satisfaction with the suitability of the property for your needs.
Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review
all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important
consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-
acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area.
Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material
terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant
history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and
the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property,
and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal
ability to make alternate use of the property.
By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising
out of your investigation and/or purchase of this investment property.
No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale, lease, and availability are subject to change or withdrawal without notice.
BROKER OF RECORD:
Greenfield & Craun Commercial
VA Brokers Lic# 701361-91You can also read
