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Investment Property Offering


$1,195,000                                                 EAST COURT VILLAGE
                                              3574-3578 Court Street, Pekin, IL 61554




  Presented By:   Thomas Vincent,                                  Offering Highlights
                  CCIM                                                  Shadow Anchored by Major Retailers
                  1803 Hicks Rd., Suite D
                  Rolling Meadows, IL 60008
                  (847)963-1031
                                                                        Wal-mart Super Center- 1/4 Mile East
                  vincentt@svn.com
                                                                        Attractive Masonry 2006 Construction
                                                                        Low Real Estate Taxes




                                 07/26/2011

                             All Sperry Van Ness® Offices Independently Owned and Operated.
All materials and information received or derived from Sperry Van Ness/Sentinel Realty
Advisors, Inc. (Thomas S. Vincent)(hereinafter collectively “Sperry Van Ness”), its directors,
officers, agents, advisors, affiliates and/or any third party sources are provided without
representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or
affiliates 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 the property, projected financial performance of the property for any
party’s intended use or any and all other matters.

Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any
representation or warranty, express or implied, as to accuracy or completeness of the any
materials or information provided, derived, or received.

Materials and information from any source, 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 to determine
these and other matters of significance to such party. Sperry Van Ness will not investigate or
verify any such matters or 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 inspections and investigations including through
appropriate third party independent professionals selected by such party.

All financial data should be verified by the party including by obtaining and reading applicable
documents and reports and consulting appropriate independent professionals. Sperry Van Ness
makes no warranties and/or representations regarding the veracity, completeness, or relevance
of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to
any party regarding any proposed transaction. All data and assumptions regarding financial
performance, including that used for financial modeling purposes, may differ from actual data or
performance.

 Any estimates of market rents and/or projected rents that may be provided to a party do not
necessarily mean that rents can be established at or increased to that level. Parties must
evaluate any applicable contractual and governmental limitations as well as market conditions,
vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be
discussed by the party with a certified public accountant or tax attorney. Title questions should
be discussed by the party with a title officer or attorney. Questions regarding the condition of
the property and whether the property complies with applicable governmental requirements
should be discussed by the party with appropriate engineers, architects, contractors, other
consultants and governmental agencies.

All properties and services are marketed by Sperry Van Ness in compliance with all applicable
fair housing and equal opportunity laws.

Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent) is independently owned
and operated.
Table of Contents
         1                                        Financial Analysis
                                                       Executive Summary
                                                       Investment Information
                                                       Rent Roll Summary


         2                                        Sales Comparables
                                                       Sales Comparables Summary


         3                                        Additional Information
                                                       Pictures
                                                       Location Map
                                                       Demographics Report




The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
1 . Financial Analysis




All Sperry Van Ness® Offices Independently Owned and Operated.
EAST COURT VILLAGE                                                   Executive Summary
                                                                         List Price      $1,195,000
                                                                  Price Per GLA          $222.95
                                                                Price Per Sq.Ft.         $222.95
                                                                                NOI      $107,007
                                                                                CAP      8.95 %
                                                                  Building Sq.Ft.        5,360
                                                                      Land Acres         0.7500
                                                                     Occupancy.

                                                    PROPERTY DESCRIPTION
3574-3578 Court Street, Pekin, IL 61554             Construction
                                                    Built in 2006-attractive drivit construction.
                                                    Parking
HIGHLIGHTS                                          Approximately a 5:1 ratio

   Shadow Anchored by Major Retailers               Traffic Counts
                                                    Traffic count on Court St: 17,800 cars
   Wal-mart Super Center- 1/4 Mile East
                                                    Ingress/Egress
   Attractive Masonry 2006 Construction             Property is a pad site on large retail development. Principal
                                                    access is from Court St, secondary access from Veterans Drive.
   Low Real Estate Taxes
                                                    Major Tenants
                                                    Verizon Wireless and Citigroup. Verizon exercised option-5 years
                                                    remaining. Citibank 18 months remaining. Verizon and Citibank
                                                    are NNN leases
             Cross Street
                                                    Area
           Tax Parcel No.                           The area is the retail hub of Pekin. A new Wal-Mart Super
                   Market     Peoria                Center & Menards are located d within 1/4 mile of the site. The
                                                    property is part of a re-development with several anchors
              Sub Market                            including Hobby Lobby, Tractor Supply and Bergners as well as
                Year Built    2006                  excellent smaller tenants such as Clare's, Payless Shoes and
                                                    Hallmark. Other major tenants in the area include Staples,
            Building Class    A
                                                    Advance Auto, Sherwin Williams, Starbucks, Applebees as well
           Location Class     A                     as several banks. The building faces south, toward Bergner's and
             Zoning Type      Commercial            the rear elevation front Court St., providing excellent exposure.

       Signalized Corner      No                    Property
                                                    The building faces south toward Bergner's and the rear
         Street Frontage                            elevation fronts Court St. providing excellent exposure.
         No. of Buildings     1
            No. of Stories
                                                    Exclusively Listed By:
          No. of Tenants      3
   No. of Parking Spaces                            Thomas Vincent, CCIM
            Parking Ratio     5:1                   (847)963-1031
                                                    vincentt@svn.com



                                       07/26/2011
Investment Information
EAST COURT VILLAGE                                           3574-3578 Court Street Pekin, IL 61554
Listing Price                                 $1,195,000                                  GLA                                                      5,360
Actual CAP                                        8.95 %                                  Building S.F.                                            5,360
CAP                                                                                       Percent Occupied                                      100.00 %
Price Per S.F.                                     $222.95                                Land Acres                                              0.7500
Price Per GLA                                      $222.95                                Loan Amount
Expenses Per S.F.                                    $4.40                                Down Payment
Loan Description




Estimated Annualized Operating Data                            Actual
Scheduled Income                                          $113,880
Tax, CAM, Ins. Reimb.                                      $23,588
Less Vacancy                                                $6,873
Gross Operating Income                                    $130,595
Less Expenses                                              $23,588
Net Operating Income                                      $107,007
Less Loan Payment                                               $0
Pre-Tax Cash Flow                                         $107,007
Cash on Cash Return



Estimated Annualized Expenses                                                                Highlights
                                               Actual
Projected Taxes                              $9,751                                              Shadow Anchored by Major Retailers
Insurance                                    $2,126                                              Wal-mart Super Center- 1/4 Mile East
Off-Site Management                          $3,000                                              Attractive Masonry 2006 Construction
Trash                                        $3,053                                              Low Real Estate Taxes
Snow Removal                                 $1,496
Landscaping                                  $1,542
Lot Sweeping                                   $571
Utilities                                    $2,049
Total Expenses                              $23,588                            $0
Expenses Per S.F.                               $4.40




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
w w w .s vn .c o m

Rent Roll Summary
 Space  Tenant Name                     Start Date     End Date Occupied        Vacant       Annual       Occupied          Vacant    % of Escalations / Options / Comments
 Number                                                             S.F.          S.F.     Rent S.F.          Rent            Rent    Total
 1            Verizon                     4/1/2006    4/30/2016      3,000                    $25.00        $75,000            $0    56.0 %

                                                                                                                                              2 Renewal Options- 5 yr terms with
                                                                                                                                              increases
 2            Citigroup                   7/1/2007    1/31/2013      1,800                    $16.00        $28,800            $0    33.6 %

                                                                                                                                              1 Renewal Option- 5 yr term
 3            All Credit Lenders                     12/31/2012        560                    $18.00        $10,080            $0    10.4 %

                                                          Total      5,360                                $113,880             $0 100.0 %



 Potential Annual Income                    $113,880
 Total S.F.                                    5,360
 Avg. Annual Per S.F.                         $21.25
 S.F. Vacancy (%)
 Rent Vacancy (%)




                     The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                           All Sperry Van Ness® Offices Independently Owned and Operated.
2 . Sales Comparables




All Sperry Van Ness® Offices Independently Owned and Operated.
w w w .s vn .c o m

Sales Comparables Summary
   Sales Comparables - Closed


Property Location                 Sale Price          Year Built Bldg S.F.            Price/S.F.        CAP               Parking Spaces Close                          Photo
Prairie Pointe                    $2,525,150                 11,876        $212.63       8.00 %
9010 Allen Rd.                    Tenants include Edward Jones, Pizza Factory and Great Harvest Bread
Peoria,IL




Averages                          $2,525,150                        11,876            $212.63           8.00 %
   Sales Comparables - On Market


Property Location                 Sale Price          Year Built Bldg S.F.            Price/S.F.        CAP               Parking Spaces Close                          Photo
Heritage Crossing                 $3,729,000          2009          12,050            $309.46           8.53 %            60
712 N. McLean Blvd.
South Elgin,IL 60177




Fox River Grove Center    $2,940,000       2008      14,035           $209.48      8.75 %                                 70
925 Rt. 22                Automotive tenant on end cap, only retail pocket in community
Fox River Grove ,IL 60021




                     The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                             All Sperry Van Ness® Offices Independently Owned and Operated.
w w w .s vn .c o m




Property Location               Sale Price          Year Built Bldg S.F.          Price/S.F.        CAP                Parking Spaces Close                          Photo
Kaneville Center                $3,000,000                    17,744         $169.07        7.10 %       85
2401 W. Kaneville Rd.           On Randall Rd. corridor at signalized intersection. Cap rate based on 75% occupancy.
Geneva,IL 60134




Averages                        $3,223,000          2009        14,610            $229.34           8.13 %             72




                      The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                            All Sperry Van Ness® Offices Independently Owned and Operated.
w w w .s vn .c o m




 Averages For All Sales Comparables


                                Sale Price          Year Built Bldg S.F.          Price/S.F.        CAP                Parking Spaces Close

Averages                        $3,048,538          2009        13,926            $225.16           8.10 %             72




                      The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                            All Sperry Van Ness® Offices Independently Owned and Operated.
3 . Additional Information




All Sperry Van Ness® Offices Independently Owned and Operated.
Anchors- Claire's & Payless




Nearby Shopping Center- Hobby Lobby




The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Anchors- Sprint & Deals




Nearby Bank Building




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Bergner's




Nearby Firestone




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Adjacent Strip Center




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
w w w .s vn .c o m

  Location Map




                     The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                           All Sperry Van Ness® Offices Independently Owned and Operated.
Demographics Report
3574 Court Street
Pekin, IL 61554

                                                                                                 1.00 Mile                   3.00 Mile              5.00 Mile
                                                                                                   Ring                        Ring                   Ring

POPULATION
   1990 Population                                                                                      1,771                   25,205                    40,575
   2000 Population                                                                                      1,827                   25,231                    42,114
   % Population Change 1990-2000                                                                      3.16 %                    0.10 %                    3.79 %


2008 Total Population                                                                                  1,899                    25,020                     42,080
2013 Total Population                                                                                  1,985                    25,349                     42,565
% Population Change 2000-2008                                                                        3.94 %                    -0.84 %                    -0.08 %
% Population Change 2008-2013                                                                        4.53 %                     1.31 %                     1.15 %
2008 Total Households                                                                                    872                    10,560                     16,823
2013 Total Households                                                                                    907                    10,679                     16,988
% Households Change 2000-2008                                                                       10.80 %                     1.61 %                     1.99 %
% Households Change 2008-2013                                                                        4.01 %                     1.13 %                     0.98 %
2008 White Population                                                                                  1,836                    24,256                     39,940
2008 Black Population                                                                                      2                         51                        959
2008 American Indian/Alaska Native                                                                         2                         36                         83
2008 Asian/Hawaiian/Pacific Islander                                                                      11                        115                        203
2008 Other Population (Incl 2+ Races)                                                                     47                        563                        897
2008 Hispanic Population                                                                                  22                        326                        602
2008 Non-Hispanic Population                                                                           1,877                    24,694                     41,479
2008 Per Capita Income                                                                              $32,346                    $25,264                    $24,061
2008 Median Household Income                                                                        $49,095                    $43,794                    $43,365
2008 Average Household Income                                                                       $70,442                    $59,858                    $60,184
2008 Household Income < $10,000                                                                           43                        656                        969
2008 Household Income $10,000-$14,999                                                                     64                        807                      1,213
2008 Household Income $15,000-$19,999                                                                     29                        681                      1,179
2008 Household Income $20,000-$24,999                                                                     41                        625                      1,096
2008 Household Income $25,000-$29,999                                                                     32                        586                      1,042
2008 Household Income $30,000-$34,999                                                                     87                        788                      1,217
2008 Household Income $35,000-$39,999                                                                     43                        611                        973
2008 Household Income $40,000-$44,999                                                                     58                        693                      1,071
2008 Household Income $45,000-$49,999                                                                     47                        580                        974
2008 Household Income $50,000-$59,999                                                                     82                      1,126                      1,944
2008 Household Income $60,000-$74,999                                                                     94                      1,448                      2,387
2008 Household Income $75,000-$99,999                                                                    191                      1,407                      1,924
2008 Household Income $100,000-$124,999                                                                   32                        310                        447
2008 Household Income $125,000-$149,999                                                                   12                        135                        231




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
2008 Household Income $150,000-$199,999                                                                    10                       49                        69
2008 Household Income $200,000-$249,999                                                                     1                       11                        14
2008 Household Income $250,000-$499,999                                                                     5                       46                        69
2008 Household Income $500,000+                                                                             0                        1                         1
2008 Average Household Size                                                                              2.14                     2.31                      2.38
2008 Total Owner Occupied Housing Units                                                                   657                    7,181                    12,007
2008 Total Renter Occupied Housing Units                                                                  218                    3,371                     4,822
2008 Total Daytime Population                                                                           3,995                   18,656                    33,520
2008 Total Daytime Work Population                                                                      2,485                    7,349                    13,311
2008 Total Establishments                                                                                 216                      843                     1,533


HOUSEHOLDS
   1990 Households                                                                                      714                     10,060                    15,962
   2000 Households                                                                                      787                     10,393                    16,494
   % Households Change 1990-2000                                                                    10.22 %                     3.31 %                    3.33 %




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

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Brochure 7 26-11 east-court_village

  • 1. Investment Property Offering $1,195,000 EAST COURT VILLAGE 3574-3578 Court Street, Pekin, IL 61554 Presented By: Thomas Vincent, Offering Highlights CCIM Shadow Anchored by Major Retailers 1803 Hicks Rd., Suite D Rolling Meadows, IL 60008 (847)963-1031 Wal-mart Super Center- 1/4 Mile East vincentt@svn.com Attractive Masonry 2006 Construction Low Real Estate Taxes 07/26/2011 All Sperry Van Ness® Offices Independently Owned and Operated.
  • 2. All materials and information received or derived from Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent)(hereinafter collectively “Sperry Van Ness”), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates 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 the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, 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 to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or 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 inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent) is independently owned and operated.
  • 3. Table of Contents 1 Financial Analysis Executive Summary Investment Information Rent Roll Summary 2 Sales Comparables Sales Comparables Summary 3 Additional Information Pictures Location Map Demographics Report The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 4. 1 . Financial Analysis All Sperry Van Ness® Offices Independently Owned and Operated.
  • 5. EAST COURT VILLAGE Executive Summary List Price $1,195,000 Price Per GLA $222.95 Price Per Sq.Ft. $222.95 NOI $107,007 CAP 8.95 % Building Sq.Ft. 5,360 Land Acres 0.7500 Occupancy. PROPERTY DESCRIPTION 3574-3578 Court Street, Pekin, IL 61554 Construction Built in 2006-attractive drivit construction. Parking HIGHLIGHTS Approximately a 5:1 ratio Shadow Anchored by Major Retailers Traffic Counts Traffic count on Court St: 17,800 cars Wal-mart Super Center- 1/4 Mile East Ingress/Egress Attractive Masonry 2006 Construction Property is a pad site on large retail development. Principal access is from Court St, secondary access from Veterans Drive. Low Real Estate Taxes Major Tenants Verizon Wireless and Citigroup. Verizon exercised option-5 years remaining. Citibank 18 months remaining. Verizon and Citibank are NNN leases Cross Street Area Tax Parcel No. The area is the retail hub of Pekin. A new Wal-Mart Super Market Peoria Center & Menards are located d within 1/4 mile of the site. The property is part of a re-development with several anchors Sub Market including Hobby Lobby, Tractor Supply and Bergners as well as Year Built 2006 excellent smaller tenants such as Clare's, Payless Shoes and Hallmark. Other major tenants in the area include Staples, Building Class A Advance Auto, Sherwin Williams, Starbucks, Applebees as well Location Class A as several banks. The building faces south, toward Bergner's and Zoning Type Commercial the rear elevation front Court St., providing excellent exposure. Signalized Corner No Property The building faces south toward Bergner's and the rear Street Frontage elevation fronts Court St. providing excellent exposure. No. of Buildings 1 No. of Stories Exclusively Listed By: No. of Tenants 3 No. of Parking Spaces Thomas Vincent, CCIM Parking Ratio 5:1 (847)963-1031 vincentt@svn.com 07/26/2011
  • 6. Investment Information EAST COURT VILLAGE 3574-3578 Court Street Pekin, IL 61554 Listing Price $1,195,000 GLA 5,360 Actual CAP 8.95 % Building S.F. 5,360 CAP Percent Occupied 100.00 % Price Per S.F. $222.95 Land Acres 0.7500 Price Per GLA $222.95 Loan Amount Expenses Per S.F. $4.40 Down Payment Loan Description Estimated Annualized Operating Data Actual Scheduled Income $113,880 Tax, CAM, Ins. Reimb. $23,588 Less Vacancy $6,873 Gross Operating Income $130,595 Less Expenses $23,588 Net Operating Income $107,007 Less Loan Payment $0 Pre-Tax Cash Flow $107,007 Cash on Cash Return Estimated Annualized Expenses Highlights Actual Projected Taxes $9,751 Shadow Anchored by Major Retailers Insurance $2,126 Wal-mart Super Center- 1/4 Mile East Off-Site Management $3,000 Attractive Masonry 2006 Construction Trash $3,053 Low Real Estate Taxes Snow Removal $1,496 Landscaping $1,542 Lot Sweeping $571 Utilities $2,049 Total Expenses $23,588 $0 Expenses Per S.F. $4.40 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 7. w w w .s vn .c o m Rent Roll Summary Space Tenant Name Start Date End Date Occupied Vacant Annual Occupied Vacant % of Escalations / Options / Comments Number S.F. S.F. Rent S.F. Rent Rent Total 1 Verizon 4/1/2006 4/30/2016 3,000 $25.00 $75,000 $0 56.0 % 2 Renewal Options- 5 yr terms with increases 2 Citigroup 7/1/2007 1/31/2013 1,800 $16.00 $28,800 $0 33.6 % 1 Renewal Option- 5 yr term 3 All Credit Lenders 12/31/2012 560 $18.00 $10,080 $0 10.4 % Total 5,360 $113,880 $0 100.0 % Potential Annual Income $113,880 Total S.F. 5,360 Avg. Annual Per S.F. $21.25 S.F. Vacancy (%) Rent Vacancy (%) The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 8. 2 . Sales Comparables All Sperry Van Ness® Offices Independently Owned and Operated.
  • 9. w w w .s vn .c o m Sales Comparables Summary Sales Comparables - Closed Property Location Sale Price Year Built Bldg S.F. Price/S.F. CAP Parking Spaces Close Photo Prairie Pointe $2,525,150 11,876 $212.63 8.00 % 9010 Allen Rd. Tenants include Edward Jones, Pizza Factory and Great Harvest Bread Peoria,IL Averages $2,525,150 11,876 $212.63 8.00 % Sales Comparables - On Market Property Location Sale Price Year Built Bldg S.F. Price/S.F. CAP Parking Spaces Close Photo Heritage Crossing $3,729,000 2009 12,050 $309.46 8.53 % 60 712 N. McLean Blvd. South Elgin,IL 60177 Fox River Grove Center $2,940,000 2008 14,035 $209.48 8.75 % 70 925 Rt. 22 Automotive tenant on end cap, only retail pocket in community Fox River Grove ,IL 60021 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 10. w w w .s vn .c o m Property Location Sale Price Year Built Bldg S.F. Price/S.F. CAP Parking Spaces Close Photo Kaneville Center $3,000,000 17,744 $169.07 7.10 % 85 2401 W. Kaneville Rd. On Randall Rd. corridor at signalized intersection. Cap rate based on 75% occupancy. Geneva,IL 60134 Averages $3,223,000 2009 14,610 $229.34 8.13 % 72 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 11. w w w .s vn .c o m Averages For All Sales Comparables Sale Price Year Built Bldg S.F. Price/S.F. CAP Parking Spaces Close Averages $3,048,538 2009 13,926 $225.16 8.10 % 72 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 12. 3 . Additional Information All Sperry Van Ness® Offices Independently Owned and Operated.
  • 13. Anchors- Claire's & Payless Nearby Shopping Center- Hobby Lobby The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 14. Anchors- Sprint & Deals Nearby Bank Building The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 15. Bergner's Nearby Firestone The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 16. Adjacent Strip Center The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 17. w w w .s vn .c o m Location Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 18. Demographics Report 3574 Court Street Pekin, IL 61554 1.00 Mile 3.00 Mile 5.00 Mile Ring Ring Ring POPULATION 1990 Population 1,771 25,205 40,575 2000 Population 1,827 25,231 42,114 % Population Change 1990-2000 3.16 % 0.10 % 3.79 % 2008 Total Population 1,899 25,020 42,080 2013 Total Population 1,985 25,349 42,565 % Population Change 2000-2008 3.94 % -0.84 % -0.08 % % Population Change 2008-2013 4.53 % 1.31 % 1.15 % 2008 Total Households 872 10,560 16,823 2013 Total Households 907 10,679 16,988 % Households Change 2000-2008 10.80 % 1.61 % 1.99 % % Households Change 2008-2013 4.01 % 1.13 % 0.98 % 2008 White Population 1,836 24,256 39,940 2008 Black Population 2 51 959 2008 American Indian/Alaska Native 2 36 83 2008 Asian/Hawaiian/Pacific Islander 11 115 203 2008 Other Population (Incl 2+ Races) 47 563 897 2008 Hispanic Population 22 326 602 2008 Non-Hispanic Population 1,877 24,694 41,479 2008 Per Capita Income $32,346 $25,264 $24,061 2008 Median Household Income $49,095 $43,794 $43,365 2008 Average Household Income $70,442 $59,858 $60,184 2008 Household Income < $10,000 43 656 969 2008 Household Income $10,000-$14,999 64 807 1,213 2008 Household Income $15,000-$19,999 29 681 1,179 2008 Household Income $20,000-$24,999 41 625 1,096 2008 Household Income $25,000-$29,999 32 586 1,042 2008 Household Income $30,000-$34,999 87 788 1,217 2008 Household Income $35,000-$39,999 43 611 973 2008 Household Income $40,000-$44,999 58 693 1,071 2008 Household Income $45,000-$49,999 47 580 974 2008 Household Income $50,000-$59,999 82 1,126 1,944 2008 Household Income $60,000-$74,999 94 1,448 2,387 2008 Household Income $75,000-$99,999 191 1,407 1,924 2008 Household Income $100,000-$124,999 32 310 447 2008 Household Income $125,000-$149,999 12 135 231 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 19. 2008 Household Income $150,000-$199,999 10 49 69 2008 Household Income $200,000-$249,999 1 11 14 2008 Household Income $250,000-$499,999 5 46 69 2008 Household Income $500,000+ 0 1 1 2008 Average Household Size 2.14 2.31 2.38 2008 Total Owner Occupied Housing Units 657 7,181 12,007 2008 Total Renter Occupied Housing Units 218 3,371 4,822 2008 Total Daytime Population 3,995 18,656 33,520 2008 Total Daytime Work Population 2,485 7,349 13,311 2008 Total Establishments 216 843 1,533 HOUSEHOLDS 1990 Households 714 10,060 15,962 2000 Households 787 10,393 16,494 % Households Change 1990-2000 10.22 % 3.31 % 3.33 % The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.