For Sale

Property Description:
Former Fast Food Restaurant Building on roughly 24,000 SF of land. Building currently has a drive-thru and is located at the corner of Kedzie and Leland Ave. Ample Parking. It is across the street from the Kedzie Brown Line Station. This property is also available for Lease. Call Advisors for details.

Location Description:
The property is located in Albany Park on the Northwest side of Chicago.

View the property brochure below (zoom feature along the bottom panel).

Undergoing Major Renovation in 2012

519 N. Cass, Westmont , IL 60559

Property Description:
Four story building with desirable floor plates of 5,100 SF. Appeals to small medical practices, attorneys and other professionals.

Location Description:
Excellent commercial and office area. Ogden Avenue, one-half block north, is a major east/west artery in DuPage County. Newly constructed Walgreen store adjacent to property. Convenient access to Rt. 83 and Oak Brook area.

View the property brochure below (zoom feature along the bottom panel).

Euclid Retail Center - $595,000

2016 E. Euclid Ave., Mt. Prospect, IL 60056

Property Description:
The property, located 150′ west of River Rd. is an attractive, well-built facility suited for many uses. Full 2-way access is available.

Location Description:
Euclid Ave. and Des Plaines River Rd. are well known commercial arteries in the area. Two strip centers are directly across Euclid Ave. The area is a viable retail area. Randhurst Village, 1.5 west, is being re-developed into a lifestyle center.

View the property brochure below (zoom feature along the bottom panel).

East Court Village

Property Description
The building faces south toward Bergner’s and the rear elevation fronts Court St. providing excellent exposure.

Location Description
The area is the retail hub of Pekin. A new Wal-Mart Super Center & Menards are located d within 1/4 mile of the site. The property is part of a re-development with several anchors including Hobby Lobby, Tractor Supply and Bergners as well as excellent smaller tenants such as Clare’s, Payless Shoes and Hallmark. Other major tenants in the area include Staples, Advance Auto, Sherwin Williams, Starbucks, Applebees as well as several banks. The building faces south, toward Bergner’s and the rear elevation front Court St., providing excellent exposure.

Investment information, a financial summary, and additional information available at the listing web page HERE.

View the property brochure below (zoom feature along the bottom panel).

1115 South Cross St
Sycamore, IL 60178
$1,600,000

Property Description:
Property originally financed by Farm Home. Property has been owned by the same entity for 10 years and may be eligible for Section 42 tax credit program. Sycamore and nearby DeKalb are becoming a part of the Chicago Metro Area. There are other multi-family complexes in the immediate area. Shopping is conveniently located on RT 23, about a 5-10 minute drive from the property.

Amenities/Facilities:
Patios and balconies

Location Description:
Good multi-family residential area

Investment information, a financial summary, and additional information available at the listing web page HERE.

1540 Freedom Walk
Dixon, IL 61021
$2,880,000

Property Description:
32 – 1 bedroom and 40 – 2 bedroom mix in Dixon, IL. Each apartment includes electric range, range hood, refrigerator and disposal. 1st floor apartments have patios; 2nd floor apartments have balconies. 4 – 1 bedroom apartments are handicap accessible: wider doors and hallways, bathroom handrails, lower kitchen counters, and access ramps from the parking lot to the building.

This property has a HAP contract in place for approximately 13 years. This property has been owned for 10 years and may be eligible for new Section 42 tax credits.

Amenities/Facilities:
Coin operated laundry.

Location Description:
NW Illinois off of I-88, 45 miles south of Rockford, IL.

Investment information, a financial summary, unit mix, and additional information available at the listing web page HERE.

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Investment information, a financial summary, rent roll, and additional information available at the listing web page HERE. View the property brochure below (zoom feature along the bottom panel).

1. Leased significantly below market (at least 40% or more)
2. Absolute net leased (no management responsibility)
3. In or near a major metropolitan area
4. All property types considered (as long as it is single tenanted)
5. Encumbered by a lease with ten or more years remaining (with all options)
6. Low cap rates, but cheap price per square foot
The credit of the tenant is irrelevant. We regularly buy properties at cap rates as low as 4% (and occasionally lower). Price ranging properties in the $2-5 million range but we have bought properties at prices significantly higher and lower.

Contact Thomas Vincent, CCIM
Sperry Van Ness, 1803 Hicks Rd, Rolling Meadows IL 60008
Ph: 847-963-1031, Vincentt@svn.com