FOR LEASE 1354 West Wellington Avenue MARKETIN PACKAE NEC of Southport, Wellington …€¦ · 1354...
Transcript of FOR LEASE 1354 West Wellington Avenue MARKETIN PACKAE NEC of Southport, Wellington …€¦ · 1354...
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Demographics 0.5 MILE 1 MILE 1.5 MILE
Total Population 20,364 78,161 70,759Total Households 9,499 36,953 91,384Average HH Income $166,495 $145,900 $124,343Daytime population 7,300 34,529 73,313Year: 2016 | Source: Esri
Description• Located in the heart of Lincoln Park• New construction/renovation with floor to ceiling windows• Nine new second floor luxury apartment units• 3,000 SF of basement and storage available• Parking available• Steps away from Brown and Purple Line
ContactKEVIN BOYD 312.279.5331 | [email protected]
MICHAEL STRAUS312.279.5328 | [email protected]
FOR LEASE
1354 West Wellington AvenueNEC of Southport, Wellington and LincolnChicago, IL 60657
Traffic CountsLincoln Avenue 13,000 VPDSouthport Avenue 8,600 VPDYear: 2006 | Source: Esri
SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320
OverviewAVAILABLE +/- 4,300 SF Divisible
OCCUPANCY November 2016
RATE Call For Rates
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SRSRE.COM
1354 West Wellington AvenueChicago, IL 60657
SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
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SRSRE.COM
1354 West Wellington AvenueChicago, IL 60657
This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Executive Summary1354 West Wellington Avenue | Chicago, IL 60657
Executive Summary1354 W Wellington Ave, Chicago, Illinois, 60657 Prepared by EsriRings: 0.5, 1, 1.5 mile radii Latitude: 41.93613
Longitude: -87.66322
0.5 miles 1 mile 1.5 milesPopulation
2000 Population 17,283 71,271 163,8552010 Population 19,539 75,540 166,5742016 Population 20,364 78,161 170,7592021 Population 20,780 79,595 173,4372000-2010 Annual Rate 1.23% 0.58% 0.16%2010-2016 Annual Rate 0.66% 0.55% 0.40%2016-2021 Annual Rate 0.41% 0.36% 0.31%2016 Male Population 51.9% 50.6% 49.7%2016 Female Population 48.1% 49.4% 50.3%2016 Median Age 30.4 29.9 31.4
In the identified area, the current year population is 170,759. In 2010, the Census count in the area was 166,574. The rate of change since 2010 was 0.40% annually. The five-year projection for the population in the area is 173,437 representing a change of 0.31% annually from 2016 to 2021. Currently, the population is 49.7% male and 50.3% female.
Median Age
The median age in this area is 30.4, compared to U.S. median age of 38.0.Race and Ethnicity
2016 White Alone 88.3% 85.9% 83.8%2016 Black Alone 1.6% 2.6% 3.2%2016 American Indian/Alaska Native Alone 0.1% 0.2% 0.2%2016 Asian Alone 5.4% 5.9% 6.8%2016 Pacific Islander Alone 0.0% 0.0% 0.0%2016 Other Race 2.1% 2.6% 3.2%2016 Two or More Races 2.5% 2.7% 2.7%2016 Hispanic Origin (Any Race) 7.6% 8.6% 9.9%
Persons of Hispanic origin represent 9.9% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.8 in the identified area, compared to 63.5 for the U.S. as a whole.
Households2000 Households 8,866 35,944 91,5112010 Households 9,252 35,981 89,6912016 Total Households 9,499 36,953 91,3842021 Total Households 9,652 37,586 92,6842000-2010 Annual Rate 0.43% 0.01% -0.20%2010-2016 Annual Rate 0.42% 0.43% 0.30%2016-2021 Annual Rate 0.32% 0.34% 0.28%2016 Average Household Size 2.14 2.05 1.82
The household count in this area has changed from 89,691 in 2010 to 91,384 in the current year, a change of 0.30% annually. The five-year projection of households is 92,684, a change of 0.28% annually from the current year total. Average household size is currently 1.82, compared to 1.81 in the year 2010. The number of families in the current year is 26,577 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.
September 01, 2016
©2016 Esri Page 1 of 2
SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Executive Summary1354 W Wellington Ave, Chicago, Illinois, 60657 Prepared by EsriRings: 0.5, 1, 1.5 mile radii Latitude: 41.93613
Longitude: -87.66322
0.5 miles 1 mile 1.5 milesMedian Household Income
2016 Median Household Income $111,223 $100,209 $83,7912021 Median Household Income $123,414 $110,870 $95,0592016-2021 Annual Rate 2.10% 2.04% 2.56%
Average Household Income
2016 Average Household Income $166,495 $145,900 $124,3432021 Average Household Income $180,181 $158,302 $134,9222016-2021 Annual Rate 1.59% 1.65% 1.65%
Per Capita Income2016 Per Capita Income $77,318 $70,463 $67,0042021 Per Capita Income $83,303 $76,260 $72,5412016-2021 Annual Rate 1.50% 1.59% 1.60%
Households by IncomeCurrent median household income is $83,791 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $95,059 in five years, compared to $59,476 for all U.S. households
Current average household income is $124,343 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $134,922 in five years, compared to $84,021 for all U.S. households
Current per capita income is $67,004 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $72,541 in five years, compared to $32,025 for all U.S. households Housing
2000 Total Housing Units 9,237 37,965 96,0912000 Owner Occupied Housing Units 3,659 12,409 30,4352000 Renter Occupied Housing Units 5,207 23,535 61,0762000 Vacant Housing Units 371 2,021 4,580
2010 Total Housing Units 9,946 39,626 98,6592010 Owner Occupied Housing Units 4,277 15,198 35,5652010 Renter Occupied Housing Units 4,975 20,783 54,1262010 Vacant Housing Units 694 3,645 8,968
2016 Total Housing Units 10,188 40,330 100,6032016 Owner Occupied Housing Units 4,104 14,447 33,4122016 Renter Occupied Housing Units 5,395 22,506 57,9722016 Vacant Housing Units 689 3,377 9,219
2021 Total Housing Units 10,373 40,900 102,0412021 Owner Occupied Housing Units 4,133 14,388 33,3332021 Renter Occupied Housing Units 5,520 23,198 59,3512021 Vacant Housing Units 721 3,314 9,357
Currently, 33.2% of the 100,603 housing units in the area are owner occupied; 57.6%, renter occupied; and 9.2% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 98,659 housing units in the area - 36.0% owner occupied, 54.9% renter occupied, and 9.1% vacant. The annual rate of change in housing units since 2010 is 0.87%. Median home value in the area is $466,828, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 0.51% annually to $478,744.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.
September 01, 2016
©2016 Esri Page 2 of 2
Executive Summary1354 West Wellington Avenue | Chicago, IL 60657
SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320
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