Upload
ccondon
View
109
Download
0
Tags:
Embed Size (px)
Citation preview
Market Overview: Nov 2012New/Updated Lis8ngs and Office Market Intelligence
Prepared by: Chris [email protected]
815-‐693-‐3005 cell
Closed JGC Transac/ons To Date
CLOSED TRANSACTIONSCLOSED TRANSACTIONSCLOSED TRANSACTIONSCLOSED TRANSACTIONSCLOSED TRANSACTIONSProperty Name and/or Address Property Type Town Purchase Price Closed
Meijer Outlot No. 4 (1.06 acres) Commercial Land Plainfield $ 625,000 01/05/12712 Essington Office Building Joliet $ 1,055,000 02/28/12Drake Landings Subdivision Northville Township $ 100,000 02/29/12Minooka 59.48 Acres - Channahan Township Farm Land Minooka $ 618,450 03/02/12Kensington Station North & South Multifamily Land Aurora $ 3,425,000 03/26/12Hunt Club West 51.67 Acres Farm Land Oswego $ 645,875 03/26/12Grande Park MF Lots 6 & 7 Multifamily Land Plainfield $ 780,000 03/28/122620 N. Halsted & 6124 N. Broadway Residential Condo Building Chicago $ 1,800,000 03/30/12Minooka 80 Acres Farm Land Will County $ 850,000 03/30/12Clocktower Pointe Residential Condos Countryside $ 4,150,000 07/17/123340 LaCrosse Ln, Naperville Commercial Land Naperville $ 250,000 09/21/1220 Single Family Homes Bulk Residential Chicagoland $ 890,000 09/21/123440 LaCrosse Ln, Naperville 8,300sf Office Building Naperville $ 611,250 09/28/12
Price Adjustment
Frontier Place
Description: 11,850 sq. ft. of finished and unfinished office space for sale in office complex in Naperville, Illinois
3440 Lacrosse Lane (8,300 sq. ft. building shell): SOLD3380 Lacrosse Lane (7,100 sq. ft. of finished space, 2,500 sq. ft. of unfinished space, and an accessory garage building): $960,0003360 Lacrosse Lane (Units B & C – 2,250 sq. ft. of unfinished space): $191,250
Zoning: B2 Community Shopping Center District in the City of NapervilleFuture Land Use: Mixed-Use Commercial Retail/Office
Quality office condos for sale in the highly-sought-after Naperville/Plainfield market. Office center includes space ready for occupancy, as well as unfinished space in “shell” condition to allow condo purchasers the flexibility to design their space to meet their needs. Great location for general, professional, financial, or medical offices. Zoning allows most retail and office uses. Situated in an area with high traffic, high population, and high incomes, within 5 minutes of grocery stores, movie theater, drug stores, high school, regional park/sports complex, library, and over two dozen restaurants. Close to both Edward and Rush Copley Hospitals. Bike path adjacent to complex and foot bridge over Route 59 provides great pedestrian access, and the site is only two miles southwest of a Metra/Pace park-and-ride lot.
Lis/ngs
Cedar Creek
Description: 47 single-family lots and 23 duplex lots planned for 46 units in the Reserves, Estates, and Villas of Cedar Creek in Joliet, Illinois
Price: $620,000 for the 47 single-family lots; $430,000 for the 23 lots planned for 46 duplexes
Zoning: R-1B Single-Family Residential and R-3 One to Two-Family Residential in the City of Joliet
47 single-family lots and 23 duplex lots planned for 46 units in the Reserves, Estates, and Villas of Cedar Creek in far south Joliet. Lots are finished, annexed, zoned, and approved for development. All infrastructure is in place and lots are ready for home construction. Located in Elwood School District 203 and Joliet Township High School District 204. Small park site and paths on location. Located on the west side of Illinois Route 53, near the intersection of Millsdale and Bridge Roads, on the far south side of Joliet in Will County, Illinois. Minutes from I-55, I-80, retail along Route 52, and Joliet Union Station (Metra and Amtrak service). In close proximity to the new Elwood and Joliet intermodal facilities, which have become major job creators and economic catalysts for the area. Within easy reach of all the amenities of Joliet including Chicagoland Speedway, Provena St. Joseph Medical Center, Joliet Junior College, Harrah’ s and Empress Casinos, Rialto Square Theater, Splash Station Waterpark, and Silver Cross Baseball Field, home of the Joliet Slammers minor league baseball team.
The following graph depicts the averageprice per square foot for office building sales. The informa/on represents sales over the en/re Chicagoland area.
The following graph depicts total sales volume measured in total dollars on a quarterly basis. The informa/on represents sales over the en/re Chicagoland area.
The following graph depicts total available lis/ngs ac/ve on the market. The informa/on represents lis/ngs over the en/re Chicagoland area.
The following graph depicts vacancy for industrial proper/es over the en/re Chicagoland area.
Recent Will County Sales
Recent Will County Sales Con/nued
Recent DuPage County Sales
Recent DuPage County Sales Con/nued
Recent Kane County Sales
Recent Kane County Sales Con/nued