NelsonHill - LoopNet€¦ · NelsonHill is pleased to present a 9 property, portfolio currently...

NelsonHillCreating Maximum Value in Real Estate

Offering Memorandum SINAI PROPERTY PORTFOLIOChicago, IL

PROPERTY SPECIFICATIONS

NUMBER OF PROPERTIES 9

TOTAL BUILDING SIZE + 45,000 SF

TOTAL LAND SIZE + 1.46 ACRES (+ 63,448 SF)

PIN(S) 13-01-402-001-0000, 16-05-202-004-0000,

16-05-202-005-0000, 16-03-303-012-0000,

16-11-312-001-0000, 16-11-312-002,0000,

16-23-129-040-0000, 16-23-129-039-0000,

17-07-323-031-0000, 19-23-211-020-0000,

19-23-211-019-0000, 19-23-211-018-0000,

16-24-407-030-0000, 16-24-408-028-0000

ZONING B1-1, B3-2, B3-1, PMD-9, RT-4

2016 TOTAL TAXES $60,942.18

ASKING PRICE $1,568,000 ($34.84 PSF)

NelsonHill is pleased to present a 9 property, portfolio currently owned by the Sinai Medical

Group. Together, the portfolio features over 42,000 SF in building size and approximately

63,448 SF, or 1.46 acres, of land. The properties featured are located in the following Chicago

neighborhoods: North Lawndale, Austin, Chicago Lawn, Near West Side, West Garfield Park,

Humboldt Park, and West Ridge.

Sinai Medical Group Property Portfolio

www.NelsonHill.com

FOR SALE

PROPERTY SUMMARY AND SPECIFICATIONS

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2657 W. Peterson Ave.Chicago, IL 60659Building SF: + 4,500 SFLand SF: + 7,113 SFZoning: B3-2

3857-3861 W. WashingtonChicago, IL 60624Building SF: + 8,000 SFLand SF: + 12,000 SFZoning: B3-2

1826 S. Fairfield Ave. Chicago, IL 60608 Building SF: N/ALand SF: + 2,923 SFZoning: RT-4

6400 S. Kedzie Ave.Chicago, IL 60629Building SF: + 10,000 SFLand SF: + 9,601 SFZoning: B1-1

5835-5837 W. North Ave.Chicago, IL 60639Building SF: + 3,000 SFLand SF: + 6,982 SFZoning: B3-1

3606 W. 16th St.Chicago, IL 60623Building SF: + 4,500 SFLand SF: + 6,861 SFZoning: B3-2

1814 S. Washtenaw Ave. Chicago, IL 60608Building SF: N/ALand SF: + 3,067 SFZoning: RT-4

4401 W. Division St.Chicago, IL 60651Building SF: + 5,000 SFLand SF: + 6,451 SFZoning: PMD-9

2040 W. Washington Blvd. Chicago, IL 60612Building SF: + 10,000 SFLand SF: + 8,450 SFZoning: RT-4

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SUBJECT PROPERTIES

All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of price or terms without notice.

property description4

2657 W. Peterson Avenue

5835-5837 W. North Avenue

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BUILDING SIZE + 4,500 SF

TOTAL LAND SIZE + 7,113 SF

WARD 40TH, ALDERMAN PATRICK O’CONNOR

ZONING B3-2

PIN(S) 13-01-402-001-0000

2016 TAXES $13,614.44 ($3.03 PSF)



WARD 29TH, ALDERMAN CHRIS TALIAFERRO

ZONING B1-1

PIN(S) 16-05-202-004-0000, 16-05-202-005-0000

2016 TAXES CURRENTLY EXEMPT

2657 W. Peterson Ave. is a one-story, commercial building that is currently leased by two dental practices. The

property is located in the Chicago neighborhood- West Ridge and is within a B3-2 zoning designation. B3 zoning

districts were established by the city of Chicago in order to accommodate a very broad range of retail and service

uses.

5835-5837 S. North Avenue is a two-story, 3,000 SF building located within Chicago’s Austin neighborhood with a

B1-1 zoning designation. B1 zoning was established by the city of Chicago to accommodate a broad range of small-

scale retail and service uses. The building was once leased to Access Community Health Network for primary care

physician offices, but for the past 4-years, a small church has been leasing the space.

PROPERTY SUMMARY

PROPERTY SUMMARY

2657 W. Peterson Ave. Streetview 2657 W. Peterson Ave. Aerial

5835-5837 W. North Ave. Streetview 5835-5837 W. North Ave. Aerial

4401 W. Division Street

3857-3861 W. Washington Boulevard

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WARD 37TH, ALDERMAN EMMA MITTS

ZONING PMD-9

PIN(S) 16-03-303-012-0000




WARD 29TH, JASON ERVIN

ZONING B3-2

PIN(S) 16-11-312-001-0000, 16-11-312-002-0000

2016 TAXES $14,285.21 ($1.78 PSF)

4401 W. Division Street is a one-story, + 5,000 SF commercial building located in Chicago’s Humboldt Park

neighborhood. The property is located in the PMD-9, planned manufacturing district. The primary purpose of PMD

zoning is to foster the city’s industrial base. The subject property once housed physician office practice space, though

it has now been vacant for several years.

3857-3861 W. Washington is a + 8,000, two-story brick structure on a + 12,000 SF lot with an included + 9,300 SF

parking lot accross the street. 3857-3861 is within West Garfield Park and has a B3-2 zoning designation. The subject

property once housed physician office practices, though the space has been vacant since January 2017.

PROPERTY SUMMARY

PROPERTY SUMMARY

4401 W. Division St. Streetview 4401 W. Division St. Aerial

3857-3861 W. Washington Blvd. Streetview 3857-3861 W. Washington Blvd. Aerial

3606 W. 16th Street

2040 W. Washington Boulevard

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WARD 24TH, ALDERMAN MICHAEL SCOTT JR.

ZONING B3-2

PIN(S) 16-23-129-040-0000, 16-23-129-039-0000

2016 TAXES $4,615.60 ($1.03 PSF)



WARD 27TH, WALTER BURNETT JR.

ZONING RT-4

PIN(S) 17-07-323-031-0000


3606 W. 16th Street is a + 4,500 SF commercial building located within the North Lawndale neighborhood of

Chicago. The building has a B3-2 zoning designation. The primary purpose of B3 zoning is to accommodate a very

broad range of retail and service uses. The subject property once housed a physician office, practice space, though

the space has now has been vacant for several years.

2040 W. Washington Boulevard is a + 10,000 SF, two-story building on + 8,450 SF of land. The property is located

within Chicago’s Near West Side neighborhood and has a RT-4, residential two-flat, zoning designation.

The subject property was previously used as an out patient behavioral health clinic, though has been vacant for

approximately four years.

PROPERTY SUMMARY

PROPERTY SUMMARY

3606 W. 16th St. Streetview 3606 W. 16th St. Aerial

2040 W. Washington Blvd. Streetview 2040 W. Washington Blvd. Aerial

1826 S. Fairfield Ave. & 1814 S. Washtenaw Ave.

6400 S. Kedzie Avenue

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WARD 24TH, ALDERMAN MICHAEL SCOTT JR.

ZONING RT-4

PIN(S) 16-24-407-030-0000, 16-24-408-028-0000

2016 TAXES $1,261.80 ($0.21 PSF LAND)



WARD 17TH, ALDERMAN DAVID MOORE

ZONING B1-1

PIN(S) 19-23-211-020-0000, 19-23-211-019-0000, 19-23-211-018-0000

2016 TAXES $27,165.13 ($2.72 PSF)

1826 S. Fairfield Ave. and 1814 S. Washtenaw Ave. are two residential land sides located within Chicago’s North

Lawndale neighborhood.

6400 S. Kedzie Avenue is a one-story, + 10,000 SF, steel post and beam building with a masonry exterior. The

building is located within the Chicago Lawn neighborhood of Chicago, and has a B1-1 zoning designation.

The subject property was originally a retail structure, later used by Holy Cross for grant-funded adolescent outreach

programs, though now the building has been vacant for approximately two years.

PROPERTY SUMMARY

PROPERTY SUMMARY

1826 S. Fairfield Ave. Streetview 1814 S. Washtenaw Ave. Aerial

6400 S. Kedzie Ave. Streetview 6400 S. Kedzie Ave. Aerial

www.NelsonHill.com

MICHAEL D. NELSON, SIORPrincipal312-267-1102

[email protected]

MARK A. NELSON, SIORPrincipal312-267-1101

[email protected]

CONTACT US

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