100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City,...

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SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE 100 LEXINGTON DRIVE 100 LEXINGTON DRIVE BUFFALO GROVE , IL 60089 Albert M. Lindeman Senior Vice President 312.756.7352 [email protected] Nathalie Fisher Associate Advisor 312.414.0602 nfi[email protected]

Transcript of 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City,...

Page 1: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE

100 LEXINGTONDRIVE100 LEXINGTON DRIVEBUFFALO GROVE , IL 60089

Albert M. LindemanSenior Vice [email protected]

Nathalie FisherAssociate [email protected]

Page 2: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

100 LEXINGTON DRIVE BUFFALO GROVE , IL 60089 SVN | Chicago Commercial | Page 2All SVN® offices are independently owned and operated.

Additional Photos

Page 3: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

OFFERING SUMMARY

Sale Price: $2,900,000

Cap Rate: 9.38%

NOI: $271,998

Lot Size: 0.5 Acres

Year Built: 1987

Building Size: 22,000 SF

Renovated: 2016

Zoning: B-2

Market: North Suburban

Price / SF: $131.82

Quality Construction Multi Tenant Office Building in Northern Buffalo Grove Lake County property features High QualityExterior and Interior finishes. Rent roll consists of several long term high quality interior finishes. Property is wellmaintained and with recently remodeled common areas that have been updated with quality finishes. This energyefficient building has well-maintained landscaped grounds and handicap accessible building with elevator..

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• High Visibility Multi Tenant Building

• 100 % Leased Building to Long Term Tenants

• Low Lake County Taxes

• Lake Cook Road provides easy access to highway system

• 6 minutes to Pace Metra station.

Property Summary

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100 LEXINGTON DRIVE BUFFALO GROVE , IL 60089 SVN | Chicago Commercial | Page 4All SVN® offices are independently owned and operated.

SALE PRICE $2,900,000

LOCATION INFORMATION

Building Name 100 Lexington Drive

Street Address 100 Lexington Drive

City, State, Zip Buffalo Grove , IL 60089

County/Township Lake

Market North Suburban

Cross Streets Lexington Drive and Lake Cook Road

BUILDING INFORMATION

Building Size 22,000 SF

Building Class B

Tenancy Multiple

Number Of Floors 2

Average Floor Size 11,000 SF

Year Built 1987

Last Renovated 2016

Load Factor Yes

PROPERTY DETAILS

Property Type Office

Property Subtype Office Building

Zoning B-2

Lot Size 0.5 Acres

APN# 1530934002

Property Details

Page 5: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

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Location Maps

Page 6: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

100 LEXINGTON DRIVE BUFFALO GROVE , IL 60089 SVN | Chicago Commercial | Page 6All SVN® offices are independently owned and operated.

100 Lexington Drive

Aerial Map

Page 7: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

100 LEXINGTON DRIVE BUFFALO GROVE , IL 60089 SVN | Chicago Commercial | Page 7All SVN® offices are independently owned and operated.

POPULATION 1 MILE 3 MILES 5 MILES

Total population 13,638 101,756 235,881

Median age 38.5 40.6 40.3

Median age (male) 37.2 38.7 39.3

Median age (Female) 40.4 42.4 41.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,341 39,728 90,799

# of persons per HH 2.6 2.6 2.6

Average HH income $78,259 $92,499 $100,495

Average house value $287,041 $332,360 $408,264

* Demographic data derived from 2010 US Census

Demographics Map

Page 8: 100 LEXINGTON DRIVE · Building Name 100 Lexington Drive Street Address 100 Lexington Drive City, State, Zip Buffalo Grove , IL 60089 County/Township Lake Market North Suburban Cross

Albert M. LindemanSenior Vice President

Albert M. Lindeman serves as a Senior Vice President at SVN | Chicago Commercial.During his +40 years of real estate experience, he has built an array of valuablebusiness, real estate, banking, and community relationships that benefit his clients.He also serves as Office Product Council Co-Chair and a member of the NationalMedical Office Team.

Lindeman recently received the SVN 2015 Achiever Award and has completedtransactions with an aggregate value exceeding $200 million. Over the course ofhis career, Lindeman has represented +500 different clients including: AEG, Apex520 LLC , Browning Ferris Industries, Collabera, Inc. Caruso Development,CIBA-Geigy,Copley Real Estate Advisors, Colgate Palmolive, G.F. Structures, FifieldDevelopment, Jain Group LLC , Extended Stay America, Hinsdale Oncology &Hematology, West Suburban OB Gyn, Illinois Heart & Vascular, Laidlaw Systems,Meadows Realty LLC, McDonalds Corporation, McDonnell Douglas, MidwestDigestive Disease Specialists, Northwest Helathcare Associates, People's HomeEquity, New York Life Insurance, Romanek Properties, Ltd., and SFH Company LLC.

Lindeman holds the National Association of Realtors CRB designation and is aCCIM Candidate. He is an active member of Holy Family Catholic Community inInverness, Illinois; where he serves in numerous ministries. He has coached in thePalatine Celtic Soccer Club for +13 years; and served on Booster Club Board of St.Theresa Catholic School.

Lindeman earned a Masters of Business Administration from Lake Forest GraduateSchool of Management and holds a Bachelor of Science Degree in Managementfrom DePaul University.

[email protected]

Nathalie FisherAssociate Advisor

Nathalie Fisher joins SVN | Chicago Commercial as an associate advisor, focusingon office, retail, and mixed use properties in the northwest suburbs of Chicago.Prior to joining SVN, Nathalie was a real estate broker for a prominent residentialfirm in the northwest suburbs. Her transition to commercial real estate was apersonal endeavor to challenge her skills and broaden her knowledge of the realestate market.

Prior to entering real estate, as a successful physical trainer, Nathalie became anationally ranked producer in the health and fitness industry. She intends to useher relentless attitude and a must-win mentality to meet the real estate needs ofher clients.

Outside of real estate, Nathalie enjoys challenging herself physically and mentallyby participating in vigorous workouts, yoga, boxing, and training for triathlons. Inaddition to the workouts, Nathalie travels the world as a way to feed her culturalcuriosities. Having strong morals and family values, she finds joy and pleasureraising her two children.

[email protected]

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MEETTHE TEAM

Biography

SVN Real Estate Team