16-28 acres chatham, chicago il brochureproperty.colliersbk.com/southshop/16-28acreschatham.pdf ·...

For more information:

A. RICK SCARDINOPrincipal

(773) 355-3040 [email protected]

WALTER MURPHYPrincipal


16 - 28 ACRE CHATHAMDEVELOPMENT OPTION

WEST OF 87TH & DAN RYAN (I-94), CHICAGO, IL

No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

9450 W. BYRN MAWR AVENUE, SUITE 550

ROSEMONT, ILLINOIS 60018

MAIN | (773) 355-3000

WWW.LEE-ASSOCIATES.COM

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DEMOGRAPHICS 1-MILE 3-MILES 5-MILES

2013 Est. Population 25,977 267,002 649,676

2013 Est. Households 10,476 100,541 237,870

2013 Est. Average Income $52,196 $48,011 $50,533

2013 Est. Employees 5,624 53,446 149,895

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PROPERTY OVERVIEW:

Size: 16 - 28 Acres

Location: Just west of 87th and Dan Ryan ( I-94) Chicago, IL in the

heart of the Chatham Market Retail Corridor

8500 S Stewart Avenue, Chicago IL 60620

Zoning: M1-2

Potential Use: Retail, self-storage, multi-family, container storage, light

industrial, salvage yards, recycling facility, truck terminal

Comments: Pocket of heavy residential dentistry off of heavily

traveled Dan Ryan & 87th Street. Home to City of

Chicago’s first Walmart in which kick started this retail

corridor.











MAIN | (773) 355-3000


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MAIN | (773) 355-3000


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THAT PART LY1NC SOUTH[ASTERlT OfC vtNC(NN(S AVENUE Of THE: fOllOWING DESCRIBED PARCEl AP..-RT or THE CAST HAlr or TH£ we:Sl HA.lS Of' S£CTION .l). TOWNSHIP J8 NoPTH. RANG[ ,. EAST orTHE THIRO PRINCIPAl. MERI()LA.N. (In OF CHICAGO, Vol«( TOWNSHIP, COOK COUNTY. IlUN(JtS. ANt) B(lNGNORE PARTICULARlY DESCRl8EO "5 FOLlOWS: BEG~NINC AT A ~NT OF AN IRR(CutAR PARCEL OfLAND. A DlSTAHCf OJ" 1-'7 ... ') rco [...t.ST FROtr.l THE WEST UN€: Of" THE: EAST HAl.f or TM( NQRTHw(51QUARTER OF SAlO SECTION 3J. ANO THE SOUTH LINE or 81ST STR(ET. HAVINC J. 66.00 rOOT RtCHJ-OF-WAY. THENCE NORTH 89 DEGREES 4S ..,INUlES 0 SECONDS fAST A OtSTANC[ OF 94.46 fE£T. AlON(, SAIDSOVTH RIGHT-or-WAY UH£ or 81$T STREET: THENCE SOUTH 20 OECREES ;?e "'!NUT[S 57 S(COND$ CASTA OtSTANCE or 1279.72 fEET. AlSO BEING THE NORTH LINE or VINCENNES .lV(NUE. i:U-VlNC A 6600 f(.\01RIGHT-at-WAY; THENCE SOUn1 .n DEGREES 51 Ir,AHUT(S 0 SECONDS W(ST A OfSTANC[ or 24.62 -[£T,TH(NC( SOUTH 20 O(CR(E5 2B MINUTES 51 SECOHD$ CAST ... (MSTANC[ Of 81 .2<4 f((T. AlSO BEING I~ESOUTti LIN( or SAID VINCENNES AV(Nll(; THENCE NORTH 33 DECREES 51 U/NUT[S 0 SECONDS [.&ST ...DISTANCE OF 24.62 fEET; TH(NC[ SOUTH 20 OEGREe) 7 ""INUrES 31 SECONDS CAST A DfSY-""KE Of''436.90 fro TO It POINT Of CURVE; THENC( SOVTH(A$TERLY. ALONG SAtO CURY( TO THE RIGHT. ADISTANCE Of JS".61 fEET. HAV1NG A RAOIUS Of 229508 fEn. TO A. POINT OF CUR\I£: TH(NC(SOUTHEAST(RlY. ALONG SAIO CuRVE TO 'HE RIGHT, It OISTA.NC[ Of 256.56 rtET. HAVING A RAOIIJS O'287360 FEET. TO A POINT ON TA.NGENT; THENCE SOUTH 86 DECREES 18 UINUT[S 14 SECONOS 'WEST A.DISTANCE or 34.76 rEO; THENCE SOUTH 0 DECREES .47 UINUT£S 43 SECONDS CAST It DlSTANCC or'13.57 fE£T (ALSO BEING THE EASTERLY LINE or THE BELT RAILROAD PROPERTY): 'H(NC( NORTH 37D£CR(rs 19 UINvTCS '3 SCCONQS weST" DISTANCE or 702 . .22 f""£ET; Tl-It:NCE I'iORTH .JO O(GR[[5 4'"""'NUTLS 10 5t:CONVS WEST A. DISTANCE or 600.00 rEET TO A POfNT Of cuRVt. THENC(NORTHWESTeRLY. AlONG SAID CURVE TO TH( RIGHT. A DISTANCE or 847.89 rEET. HAVING A RAl)Ius or1858.00 rErr. TO A POINT or TANCOlT. THENCE ~TH 8 O[GR(£S 54 I.IINl}TES 16 $£CONOS WEST. ;..DlsrANCE or 207.94 n:ET (Al..SO BEING tHe SOUTHCRl.Y R1GHT-Ot-WAY UN[ Of" VINCENNES AV(NUE}.TH[NC( NORTH to DECA([~ , ulNuT(S 5' SECONDS wtST A. [}(SfAoNCE or 1104.8S rEEf TO THE SOlIT~RlGHT-Or-WAY lrNE or 81ST STREET .\NO THE POINT Of" B(Grp.;N(N(j; IN COOtt COUNTY. ILLINOIS.

lEGAL OESCRtPTI('IN SHOWN HER(ON w"'S PROvIDED BY CHICM.,OTlTlE INSURANCE COUPANY TRACT IND(X S(APCH NIJ...e(~ 140 IS9487867 SP. R[C[IV[O APRIL 26. 1999 SAID LEGALDESCRIPTIONOO[S NOT PR()V1D£ ... ClOS(O lolA n-r[WATfCAl. nGUR( ANO THENORTHEASTERlY COur:~S£ DOES NOT APPEAR TO U...TCH THE SC.l.R1NGor TH[ (XTSTING RAIlROAO 'MPROv[MENTS AlONG THAT lIN(

15 ACRES

2. BELT RAlLw.....y COUPA.HY OF 0ftCAC0 RECORDS fHOtCAT[ ... DISTANCEor '4 rrrr FROU CENTER UHE Of THEIR EAST I.WN TR.tCK TO TH[EAST RAJlI>OAD RIGHT-OF-WAY UN[ (W£ST lI'f£ Of SU!IJ£ClPROP£RT't) AT NORTHYfEST CORNER OF SUBJECT PROPERTY TI·Ii$A.PPf}RS TO 8( CQNSJST["IT. WtTHtN R£.,&.SONABL( TOLERANCES. 'MTHTHE (X~ CQNOfTl'()1iS If THE ClOSING CWRSES OF Tti( UCALOECRWTI()N ARt: UTlUZED. AND SO THIS WAS OONL THEDISCREPANCIES Of THE LEGAL O£CRtPT/ON WERE PUT INTO THE LASTCURv( DESCRIBED. $(NC( NO ONSll( fino DELINE-AllONS or THiSCUR\/[ WERE OB$(RV[O.

NO DlRCCT v£HICUL'P .-.cCESS WAS OBSER"IIEO fOR THE SUBJECTPROPERTY. THERE IS A CONC"R(T[ ABUTUENl WALl. ALONG TH(VINCENNES AVENUE FRONTAGe. AS SHOWN. ACC(SS rR'()U AOJ.AC[NTPROP(RT( OWNERS IrolAT BE AVAIL_BtL

4. NO 'MOENING INrQRUATIOH wAS PROVIDED rOR VlNCENNES AV(NU[C(<w COUNTY fAX A.SSESSOR·S RECOROS 1NO!C.....TE A 25 rl)o.jTWIDENING ANO THIS IS WHAT WAS D£UN(AT[O IN TtUS SlJRVET.

~. SUBJECT PROP(RT'r APPEARS TO (ltiST ON UNDER\.YJNG CHICA(.OWESTERN INDiANA RAlLA()Al) CO~P.AHY SUBOMSK)N OF" PART P()f"S[CTION JJ-J6-T4. JrCCOROING TO THE PLAT TH[R((lr RECORO(CIMRCH ~9. 1900. AS OOCVU(Nl NVUB(R 294'409. IN C~ CWNrT.IUINOIS

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DATED: MAY 2, 1999

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Ph<Y'C"(o3I2)2J6-7300 J"o··CJI2)ZJ6-f,:tit

ORO£" NO, 18.106 / "'S29 r

16-28 acres chatham, chicago il brochureproperty.colliersbk.com/southshop/16-28acreschatham.pdf ·...

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