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KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110E
Chicago, IL 60631PETER COTSIRILOS, CCIMSenior Director0 630.253.4929C [email protected] #471.008387 - CalDRE #02078056
WILLIAM KANATASSenior DirectorO 847.852.3212C [email protected] #475-127023
AL COULOLIASSenior DirectorO 847.852.3211C [email protected] #475.140400
3301 W 55th Street, Chicago
A PROPOSAL FOR COMMERCIAL SERVICES
PRESENTED BY:
CHICAGO, IL
A PROPOSAL FOR COMMERCIAL SERVICES
www.kwcommercial.com 2
KELLER WILLIAMS CHICAGO-O'HARE8750 W. Bryn Mawr,Ste. 110E
Chicago, IL 60631
Confidentiality & Disclaimer
PETER COTSIRILOS, CCIMSenior Director0 630.253.4929C [email protected] #471.008387 - CalDRE #02078056
WILLIAM KANATASSenior DirectorO 847.852.3212C [email protected] #475-127023
AL COULOLIASSenior DirectorO 847.852.3211C [email protected] #475.140400
All materials and information received or derived from Keller Williams Chicago-O'Hare its directors, officers, agents, advisors, affiliates and/orany third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property,compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of theproperty, projected financial performance of the property for any party’s intended use or any and all other matters.
Neither Keller Williams Chicago-O'Hare its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express orimplied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from anysource, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significance to such party. Keller Williams Chicago-O'Hare will not investigate or verify any such mattersor conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspectionsand investigations including through appropriate third party independent professionals selected by such party. All financial data should beverified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independentprofessionals. Keller Williams Chicago-O'Hare makes no warranties and/or representations regarding the veracity, completeness, or relevanceof any financial data or assumptions. Keller Williams Chicago-O'Hare does not serve as a financial advisor to any party regarding any proposedtransaction.
All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by theparty with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies. All properties and services are marketed by Keller Williams Chicago-O'Hare in compliance with allapplicable fair housing and equal opportunity laws.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty orrepresentation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, orwithdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance ofthe property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Each office independently owned and operated.
A PROPOSAL FOR COMMERCIAL SERVICES
PRESENTED BY:
CHICAGO, IL
www.kwcommercial.com 3
PROPERTY INFORMATION
1 | PROPERTY INFORMATION
EXECUTIVE SUMMARY
1PROPERTY INFORMATION3301 W 55TH STREET, CHICAGO
A PROPOSAL FOR COMMERCIAL SERVICES
Executive Summary
3301 W 55TH STREET, CHICAGO 1 | PROPERTY INFORMATION
PROPERTY OVERVIEWThis is a Vacant Lot located on 55th Street in Chicago, IL. ZonedC-1-1 which offers many uses including retail/mixed use. Five citylots (15,625 SF) located in Chicago's Gage Park neighborhood.Traffic counts by this location amount to 22,500 VPD.
PROPERTY FEATURESHigher Traffic CountsGood VisibilityMany UsesGood Accessibility
SALE PRICE: $499,000
LOT SIZE: 0.36 Acres
APN #: 19-14-204-008-0000
ZONING: C1-1
MARKET: Chicago
SUB MARKET: South Side
CROSS STREETS: 55th Street And Spaulding
Each Office Independently Owned and Operated kwcommercial.com 4
LOCATION INFORMATION
2 | LOCATION INFORMATION
REGIONAL MAP
LOCATION MAPS
AERIAL MAP
2LOCATION INFORMATION3301 W 55TH STREET, CHICAGO
A PROPOSAL FOR COMMERCIAL SERVICES
3301 W 55th Street
Regional Map
3301 W 55TH STREET, CHICAGO 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 6
Each Office Independently Owned and Operated kwcommercial.com 7
Location Maps
3301 W 55TH STREET, CHICAGO 2 | LOCATION INFORMATION
Aerial Map
3301 W 55TH STREET, CHICAGO 2 | LOCATION INFORMATION
Each Office Independently Owned and Operated kwcommercial.com 8
DEMOGRAPHICS
3 | DEMOGRAPHICS
DEMOGRAPHICS MAP
3DEMOGRAPHICS3301 W 55TH STREET, CHICAGO
A PROPOSAL FOR COMMERCIAL SERVICES
Each Office Independently Owned and Operated kwcommercial.com 10
* Demographic data derived from 2010 US Census
Demographics Map
3301 W 55TH STREET, CHICAGO 3 | DEMOGRAPHICS
ETHNICITY 0.5 MILES 1 MILE 1.5 MILES
% HISPANIC 92.5% 86.9% 78.1%
RACE 0.5 MILES 1 MILE 1.5 MILES
% WHITE 47.8% 41.8% 38.5%
% BLACK 1.1% 4.8% 11.2%
% ASIAN 0.4% 0.4% 0.8%
% HAWAIIAN 0.0% 0.0% 0.0%
% INDIAN 0.1% 0.2% 0.2%
% OTHER 49.6% 51.6% 47.6%
POPULATION 0.5 MILES 1 MILE 1.5 MILES
TOTAL POPULATION 15,333 61,046 122,454
MEDIAN AGE 27.3 28.0 27.7
MEDIAN AGE (MALE) 25.7 26.9 26.6
MEDIAN AGE (FEMALE) 28.1 28.8 28.6
HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES
TOTAL HOUSEHOLDS 3,581 15,000 31,309
# OF PERSONS PER HH 4.3 4.1 3.9
AVERAGE HH INCOME $46,456 $48,607 $49,139
AVERAGE HOUSE VALUE $218,524 $218,942 $222,073
ADVISOR BIOS
4 | ADVISOR BIOS
ADVISOR BIO & CONTACT 1
ADVISOR BIO & CONTACT 2
ADVISOR BIO & CONTACT 3
4ADVISOR BIOS3301 W 55TH STREET, CHICAGO
A PROPOSAL FOR COMMERCIAL SERVICES
Advisor Bio & Contact 1
3301 W 55TH STREET, CHICAGO 4 | ADVISOR BIOS
Peter Cotsirilos, CCIM
SENIOR DIRECTOR
BACKGROUND
PETER COTSIRILOS, CCIM
Peter Cotsirilos is an entrepreneur, long time real estate investor and highly regarded representative of third party propertybuyers, sellers, landlords and tenants Peter’s ability to maximize underperforming real estate assets is rooted in his experienceas the founding principal of a high-volume, independent supermarket chain, his own real estate investing activities, and hisworking on behalf of third parties seeking real estate solutions to complex challenges.
• Owned and managed retail properties in the suburban Chicago market.• Assembled property for development, purchased, sold and leased a variety of commercial property• Became a top producer with Coldwell Banker Commercial.• Joined National Realty Network in 2006 concentrating in transactions involving office, retail and medical properties.
• Became a top producer for National Realty Network
• Recently Joined Keller Williams Commercial, the fastest growing commercial real estate broker in the world.
In addition to his business accomplishments, Peter has been active in the following professional groups and charitableorganizations:• CCIM Institute• Illinois Chapter of CCIM - Board Director• Northern Illinois Commercial Association of Realtors. - Board Director• Alternative Behavior Treatment Center, a non-for-profit child treatment agency specializing in the treatment of high risk youthand families - Board Director• St. Demetrios Greek Orthodox Church, Elmhurst, IL – past President of the Board
Peter holds a State of Illinois real estate broker license.
EDUCATION
University of Wisconsin - BBA, Marketing
MEMBERSHIPS & ASSOCIATIONS
CCIM
Each Office Independently Owned and Operated kwcommercial.com 12
SENIOR DIRECTOR
William Kanatas
Advisor Bio & Contact 2
3301 W 55TH STREET, CHICAGO 4 | ADVISOR BIOS
BACKGROUND
Bill Kanatas is a Senior Director with KW Commercial. In addition to a real estate broker, he is a successfulbusinessman and financier. Over the last 25 years he has founded, funded and managed over a dozen companiesdiversely ranging from real estate development to bio-tech research.
Prior to joining KW Commercial in 2015, Bill worked at National Realty Network as a commercial real estate broker.There he spent nearly 5 years representing and advising clients in various commercial transactions. Over the years,his clients have benefited from his many years of experience as a real estate investor and developer.
As a developer and owner, Bill was involved in many transactions including:• Over 200,000 sq. ft. of retail development• The rezoning and sub-dividing of multiple noncontiguous parcels for development• The infrastructure development of over 100 SFR lots• The construction of over 25 custom built homes
As a member of the Alpha Team at KW Commercial Chicago O’Hare. Bill brings his unique underwriting skills andextensive development experience to every deal.In addition to his business skills, Bill is an active member of his Church and the Co-Founder of FEED6, a charitableorganization that has packed and donated over 3,600,000 meals to our hungry neighbors.
EDUCATION
Loyola UniversityChicago, IL
MEMBERSHIPS & ASSOCIATIONS
Each Office Independently Owned and Operated kwcommercial.com 13
SENIOR DIRECTOR
Al Coulolias
Advisor Bio & Contact 3
OWNER'S MARKETING REPORT 3301 W 55th Street, Chicago
Each Office Independently Owned and Operated kwcommercial.com 14
BACKGROUND
Al Coulolias' nearly 30 years of experience as a business owner – in addition to his knowledge ofcommercial real estate – makes him an excellent resource on sales and negotiations for his NationalRealty Network clients. His educational background includes a bachelor’s degree from Loyola University.Al spent the bulk of his business career founding and then leading a telecommunications corporation,which reached $15 million in annual sales. The operation was ranked in Money Magazine’s “Top 500Fastest-Growing Companies” in 1985 and 1986. After selling his firm to a publicly held company, Albecame an equity owner in a foodservice company. The intense marketing strategy he helped developand implement, allowed this firm to dramatically increase its annual revenues beyond $100 million. Thisfirm was sold to a Fortune 100 company. Then Al turned his attention to commercial real estate,becoming a partner in a Chicago real estate venture. This allowed Al to hone his skills in propertymanagement and leasing, plus a number of aspects of real estate investment. In addition, Al joined anational commercial real estate firm. Here, he successfully represented buyers and sellers in multi-milliondollar transactions. Al is an active member of the International Council of Shopping Centers, theNational Association of Realtors, and the Northern Illinois Commercial Association of Realtors. He holdsan Illinois Real Estate Broker’s License. Al also is a past board member of Holy Apostles Church inWestchester, Illinois; a fundraiser for The Alzheimer’s Association, The Parkinson’s Disease Foundation.Al is a volunteer for The Feed 6 organization which is a series of meal packaging events that feed hungrychildren and their families. He is also a Mason and a Medinah Shriner.
EDUCATION
MEMBERSHIPS & ASSOCIATIONS