champlain court - loopnet

CHAMPLAIN COURTMIXED-USE APARTMENT BUILDING643 E. 71ST STREET CHICAGO, ILLINOIS 60619

PAUL PROANOCOMMERCIAL REAL ESTATE ADVISOR312-860-4043 DIRECT

[email protected]

champlain courtMIXED-USE APARTMENT BUILDING

643 E 71ST STREET, CHICAGO, L

DISCLAIMER STATEMENT

This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller.

The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections.

This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent.

Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing.

The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties.

Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.



PROPERTYOVERVIEW



property overview

Investment Highlights• Four Retail Spaces, 27 One-Bedrooms, and 10 Two-Bedrooms• On-Site Laundry Facility• Convenient Access to I-90, I-94 and Multiple Modes of Transportation• Close Proximity to University of Chicago

Sale Price: $1,725,000NOI: $186,435

Cap rate: 10.81%

Coldwell Banker Commercial NRT is pleased to present a mixed-use apartment building located at 643 East 71st Street in Chicago, Illinois. The property is located in Park Manor; an area on the southside of Chicago residing in the Greater Grand Crossing community,approximately nine (9) miles directly south of the Loop, with convenient access to Interstate 90 and 94. The CTA 69th Red Line Station is located one mile north-west of the property. CTA bus stops are conveniently located on 71st Street, which is walking distance from the property. Additionally, Midway International Airport is approximately nine (9) miles northwest of the property.

The unit mix is comprised of 27 one-bedroom/one-bathroom units,10 two-bedroom/one-bathroom units,and four retail spaces. The apartment units measure approximately 650 and 800 square feet respec-tively. The retail spaces measure approximately 1,000 square feet each.

The property also features an on-site laundry facility. The property is positioned on the northeast corner of Champlain Avenue and 71st Street, just west of Interstate 90. The University of Chicago, Jackson Park, and the south shores of Lake Michigan are all within a two-and-a-half mile radius.

This investment offers an investor the opportunity to acquire a well-maintained asset with the ability to raise rents to market levels without the need for significant additional capital expenditures.



property summary

Property Address: Champlain Court643 East 71st STreet, Chicago, IL 60619

Parcel: 20-27-205-001-0000

Sale Price: $1,725,000

Number of Units: 41

Number of Buildings: OneNumber of Stories: Four

Year Built: 1926

Apartments - Rentable Square Feet 25,550

Retail - Gross Leaseable Area (GLA) 3,000

Office - Rentable Square Feet 1,000

Total Rentable Square Feet: 29,550

Lot Size: 0.35 acres

The offering

site description



property summary

NO. UNITS

UNIT TYPE AVERAGE (SF)

CURRENT AVG. RENT

AVERAGE RENT/SF

MONTHLY INCOME

POTENTIAL RENTS

AVERAGE RENT/SF

MONTHLY INCOME

27 1 Bdr - 1 Bath 650 $638 $0.98 $17,223 $700 $1.08 $18,900

10 2 Bdr - 1 bath 800 $799 $1.00 $7,986 $839 $1.05 $8,390

NO. UNITS

UNIT TYPE TOTALGLA

CURRENT RENT RANGE CURRENT MONTHLY INCOME

PRO FORMA MONTHLY INCOME

3 Retail 3,000 $700 - $900 $2,400 $2,400

1 Office 1,000 $1,100 - $1,100 $1,100 $1,100

unit mix



locationOVERVIEW



LOCATION OVERVIEW

The City of Chicago is one of the largest cities in the United States. As of the 2017 census-estimated population of 2,716,450, Chicago is the third most populous city in the United States after New York and Los Angeles, and the most populous city in both the state of Illinois and the Midwestern United States. The Chicago metropolitan area has nearly 10 million people and is the third-largest in the United States and fourth largest in North America.

As a multicultural city that thrives on the harmony and diversity of its neighborhoods, Chicago today embodies the values of America’s heartland-integrity, hard work and community and reflects the ideals in the social fabric of its 77 distinct neighborhoods.

The city has seen a rise in population for the 2000 census and is expected to have an increase for the 2020 census. Chicago has the third-largest gross metropolitan product in the United States—about $670.5 billion according to September 2017 estimates. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversification.

Chicago is a major world financial center, with the second-largest central business district in the United States. The city is the seat of the Federal Reserve Bank of Chicago, the Bank’s Seventh District. The city has major financial and futures exchanges, including the Chicago Stock Exchange, the Chicago Board Options Exchange (CBOE), and the Chicago Mercantile Exchange (the “Merc”), which is owned, along with the Chicago Board of Trade (CBOT) by Chicago’s CME Group. In 2017, Chicago exchanges traded 4.7 billion derivatives with a face value of over one quadrillion dollars. Chase Bank has its commercial and retail banking headquarters in Chicago’s Chase Tower.[171] Academically, Chicago has been influential through the Chicago school of economics, which fielded some 12 Nobel Prize winners.

The city and its surrounding metropolitan area contain the third-largest labor pool in the United States with about 4.63 million workers. Illinois is home to 66 Fortune 1000 companies, including those in Chicago. The city of Chicago also hosts 12 Fortune Global 500 companies and 17 Financial Times 500 companies.



LOCATION OVERVIEW

TRANSPORTATION

• The region’s transit network ranks among the largest and most efficient in the world.• The vast network of freeways, centralized location, the largest rail-truck intermodal facility in the

U.S., as well as the Port of Chicago contribute to the position as a major distribution and logistics hub.

• Chicago is the nation’s premier freight rail hub, with four carrier, BNSF, Union Pacific, CSX, Norfolk Southern, servicing the region.

• Amtrak routes originate from Union Station, while the Metra commuter rail and the Chicago L provide passenger service throughout the metro area and beyond.

• International airports include O’Hare, Midway and Gary/Chicago. Seven smaller airports also provide air service for the region.



LOCATION OVERVIEW

CHAMPLAIN COURT

CHAMPLAIN COURT



PROPERTYPHOTOGRAPHS

champlain court643 E 71ST STREET, CHICAGO, L

photographs



FINANCIALOVERVIEW



RENT ROLL DETAIL

Current Current Scheduled ScheduledSquare Rent / Rent / SF/ Rent / Rent / SF/

Unit Unit Type Feet Month Month Month Month635 #1E 1 Bdr 1 Bath 650 $650 $1.00 $650 $1.00635 #1W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98635 #2E 1 Bdr 1 Bath 650 $650 $1.00 $650 $1.00635 #2W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98635 #3E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98635#3W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98637 71st Commerical Retail 1,000 $700 $0.70 $700 $0.70639 71st Commerical Retail 1,000 $1,200 $1.20 $1,200 $1.20641 #1E 1 Bdr 1 Bath 650 $600 $0.92 $600 $0.92641 #1W 1 Bdr 1 Bath 650 $620 $0.95 $620 $0.95641 #2E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98641 #2W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98641 #3E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.98641 #3W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987105 #1E 1 Bdr 1 Bath 650 $650 $1.00 $650 $1.007105 #1W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987105 #2E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987105 #2W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987105 #3W 1 Bdr 1 Bath 650 $725 $1.12 $725 $1.127105 #3W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987107 #1E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987107 #1W 1 Bdr 1 Bath 650 $650 $1.00 $650 $1.007107 #2E 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987107 #2W 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987107 #3E 1 Bdr 1 Bath 650 Vacant $0.00 $700 $1.087107 #3W 1 Bdr 1 Bath 650 Vacant $0.00 $700 $1.087109 #1N 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987109 #1S 2 Bdr 1 Bath 800 $740 $0.93 $740 $0.937109 #2N 1 Bdr 1 Bath 650 $640 $0.98 $640 $0.987109 #2S 2 Bdr 1 Bath 800 $1,070 $1.34 $1,070 $1.347109 #3N 1 Bdr 1 Bath 650 $650 $1.00 $650 $1.007109 #3S 2 Bdr 1 Bath 800 $916 $1.15 $916 $1.157111 GRDN 2 Bdr 1 Bath Garden 800 $740 $0.93 $740 $0.937111 #1E 2 Bdr 1 Bath 800 $750 $0.94 $750 $0.947111 #1W 2 Bdr 1 Bath 800 $950 $1.19 $950 $1.197111 #2E 2 Bdr 1 Bath 800 $750 $0.94 $750 $0.947111 #2W 2 Bdr 1 Bath 800 $760 $0.95 $760 $0.957111 #3E 2 Bdr 1 Bath 800 $750 $0.94 $750 $0.947111 #3W 2 Bdr 1 Bath 800 $750 $0.94 $750 $0.94633 71st Commerical Retail 1,000 $900 $0.90 $900 $0.90643 E 71s Commerical Retail 1,000 Vacant $0.00 $1,200 $1.20Total 29,550 $27,051 $0.92 $29,651 $1.00



rent roll summary

Scheduled Potential

# of Avg Sq Rental Average Average Monthly Average Average Monthly

Unit Type Units Feet Range Rent Rent / SF Income Rent Rent / SF Income

1 Bdr 1 Bath 27 650 $600 - $725 $647 $1.00 $17,475 $701 $1.08 $18,925

2 Bdr 1 Bath Garden 1 800 $740 - $740 $740 $0.93 $740 $850 $1.06 $850

2 Bdr 1 Bath 9 800 $740 - $1,070 $826 $1.03 $7,436 $850 $1.06 $7,650

Commerical Retail 4 1,000 $700 - $1,200 $1,000 $1.00 $4,000 $1,200 $1.20 $4,800

Totals/Weighted Averages 41 721 $723 $1.00 $29,651 $786 $1.09 $32,225

Gross Annualized Rents $355,812 $386,700



PRICING DETAILS

Summary

Price $1,725,000

Down Payment $431,250 25%

Number of Units 41

Price Per Unit $42,073

Price Per SqFt $58.38

Rentable SqFt 29,550

Lot Size 0.35 Acres

Returns Acutals 2017 Year 1

CAP Rate 10.81% 11.26%

GRM 4.85 4.37

Cash-on-Cash 22.79% 24.61%

Debt Coverage Ratio 2.11 2.20

Financing 1st Loan

Loan Amount $1,350,000

Loan Type New

Interest Rate 5.25%

Amortization 30 Years

Year Due 2023

Loan information is subject to change.

# Of Units Unit Type SqFt/Unit Scheduled Rents Market Rents

27 1 Bdr 1 Bath 650 $647 $701

1 2 Bdr 1 Bath Garden 800 $740 $850

9 2 Bdr 1 Bath 800 $826 $850

4 Commercial Retail 1,000 $1,000 $1,200



OPERATING DATA

Operating Data

Income Actuals 2017 Year 1

Gross Scheduled Rent $355,812 $394,434

Less: Vacancy/Deductions 5.0% $17,791 10.0% $39,443

Total Effective Rental Income $338,021 $354,991

Other Income $6,000 $6,000

Effective Gross Income $344,021 $360,991

Less: Expenses 45.8% $157,586 46.2% $166,696

Net Operating Income $186,435 $194,294

Cash Flow $186,435 $194,294

Debt Service $88,149 $88,149

Net Cash Flow After Debt Service 22.79% $98,286 24.61% $106,145

Principal Reduction $17,428 $18,411

Total Return 26.83% $115,714 28.88% $124,556

Expenses Actuals 2017 Year 1

Real Estate Taxes $27,732 $34,665

Insurance $12,550 $12,550

Utilities - Electric $2,793 $2,793

Utilities - Water & Sewer $18,551 $18,551

Utilities - Gas $34,172 $34,172

Trash Removal $3,403 $3,403

Repairs & Maintenance $10,970 $10,970

Cleaning & Decorating $9,200 $9,200

Supplies $6,900 $6,900

Operating Reserves $10,674 $11,833

Management Fee $20,641 $21,659

Total Expenses $157,586 $166,696

Expenses/Unit $3,844 $4,066

Expenses/SF $5.33 $5.64



RADIUSDEMOGRAPHICS



TRAFFIC COUNT MAP

CHAMPLAIN COURT



DEMOGRAPHICS: 1, 3, 5 MILE RADIUS



DEMOGRAPHIC REPORTPopulation 1-mi. 3-mi. 5-mi.

Total Population (US Census 2010) 33,797 303,042 630,792

Total Population (Current Year) 34,153 304,764 634,845

Total Population (Five Year Projection) 32,756 295,861 614,739

Adult Population (US Census 2010) 24,444 228,054 464,300

Adult Population (Current Year) 25,102 233,472 477,205

Adult Population (Five Year Projection) 24,242 228,416 466,730

% Female Population (US Census 2010) 55.64% 55.61% 54.51%

% Male Population (US Census 2010) 44.36% 44.39% 45.49%

% Female Population (Current Year) 55.59% 55.66% 54.58%

% Male Population (Current Year) 44.41% 44.34% 45.42%

% Female Population (Five Year Projection) 55.13% 55.29% 54.27%

% Male Population (Five Year Projection) 44.87% 44.71% 45.73%

Total Daytime Population 24,191 251,261 512,047

Population aged 16 and under (Children) 6,933 58,621 130,589

Daytime population (Age 16+) 17,258 192,640 381,457

Civilian 16+, at Workplace 6,117 76,723 153,285

Retired population (Age 65+) 4,095 38,633 76,812

Homemakers (Age 16+) 2,841 25,980 57,745

Population Mosaic (Current Year) 1-mi. 3-mi. 5-mi.

% Power Elite 0% 0.36% 0.18%

% Flourishing Families 0% 0% 0.16%

% Booming with Confidence 0% 0% 0.75%

% Suburban Style 13.5% 19.5% 24.3%

% Thriving Boomers 0% 3.23% 2.46%

% Promising Families 0% 0% 0%

% Young City Solos 0% 5.62% 2.75%

% Middle-class Melting Pot 0% 0% 1%

% Family Union 0% 0% 5.88%

% Autumn Years 0% 0% 0%

% Significant Singles 0% 0% 0.46%

% Blue Sky Boomers 0% 0% 0%

% Families in Motion 0% 0% 0%

% Pastoral Pride 0% 0% 0%

% Singles and Starters 3.88% 3.61% 3.51%

% Cultural Connections 58.72% 43.4% 35.79%

% Golden Year Guardians 0% 0% 0.16%

% Aspirational Fusion 16.95% 17.55% 15.13%

% Economic Challenges 6.95% 6.73% 7.47%

% Unclassified 0% 0% 0%

% Other 2 1.8 1.7



DEMOGRAPHIC REPORTAge 1-mi. 3-mi. 5-mi.

Median Age, Total 35.88 36.42 35.63

% Age 18+ 73.63% 76.61% 75.11%

% Age 55+ 25.81% 26.93% 25.8%

% Age 65+ 13.19% 14.52% 13.91%

Ethnicity 1-mi. 3-mi. 5-mi.

% White (2010 US Census, Not Hispanic/Latino) 0.77% 5.83% 7%

% Black/African American (2010 US Census, Not Hispanic/Latino) 97.66% 90.81% 89.68%

% American Indian & Alaska Native (2010 US Census, Not Hispanic/Latino) 0.2% 0.19% 0.19%

% Asian (2010 US Census, Not Hispanic/Latino) 0.08% 1.61% 1.62%

% Native Hawaiian / Other Pacific Islander (2010 US Census, Not Hispanic/Latino) 0.01% 0.01% 0.01%

% Some other race (2010 US Census, Not Hispanic/Latino) 0.09% 0.13% 0.14%

% Two or more races (2010 US Census, Not Hispanic/Latino) 1.19% 1.42% 1.36%

% White (2010 US Census, Hispanic/Latino) 18.04% 30.04% 40.33%

% Black/African American (2010 US Census, Hispanic/Latino) 41.92% 29.59% 4.75%

% American Indian & Alaska Native (2010 US Census, Hispanic/Latino) 1.77% 1.56% 1.27%

% Asian (2010 US Census, Hispanic/Latino) 0% 0.66% 0.18%

% Native Hawaiian / Other Pacific Islander (2010 US Census, Hispanic/Latino) 0% 0.02% 0%

% Some other race (2010 US Census, Hispanic/Latino) 19.15% 25.28% 48.83%

% Two or more races (2010 US Census, Hispanic/Latino) 19.12% 12.85% 4.64%

% White (Current Year, Not Hispanic/Latino) 1.44% 6.55% 7.66%

% Black/African American (Current Year, Not Hispanic/Latino) 96.84% 89.5% 88.44%

% American Indian & Alaska Native (Current Year, Not Hispanic/Latino) 0.17% 0.18% 0.18%

% Asian (Current Year, Not Hispanic/Latino) 0.09% 1.97% 1.99%

% Native Hawaiian / Other Pacific Islander (Current Year, Not Hispanic/Latino) 0.01% 0.01% 0.02%

% Some other race (Current Year, Not Hispanic/Latino) 0.1% 0.14% 0.15%

% Two or more races (Current Year, Not Hispanic/Latino) 1.35% 1.66% 1.57%

% White (Current Year), Hispanic/Latino 25.52% 34.3% 40.6%

% Black/African American (Current Year, Hispanic/Latino) 36.95% 27.03% 4.48%

% American Indian & Alaska Native (Current Year, Hispanic/Latino) 1.57% 1.38% 1.18%

% Asian (Current Year, Hispanic/Latino) 0% 0.58% 0.16%

% Native Hawaiian / Other Pacific Islander (Current Year, Hispanic/Latino) 0% 0.02% 0.01%

% Some other race (Current Year, Hispanic/Latino) 18.41% 24.23% 48.96%

% Two or more races (Current Year, Hispanic/Latino) 17.55% 12.47% 4.61%

% Two or more races (Five Year Projection, Hispanic/Latino) 18.51% 12.81% 4.73%



DEMOGRAPHIC REPORT

Housing & Households 1-mi. 3-mi. 5-mi.

Land Area (Estimated Square Miles) 3.21 26.26 66.71

Total Housing Units (Current Year) 16,802 149,254 279,008

Total Households (Current Year) 13,460 124,418 237,088

Total Households (Five Year Projection) 13,201 123,969 236,338

Owner-Occupied: Owned with a mortgage or loan 2,878 27,057 64,298

Owner-Occupied: Owned free and clear 1,671 14,057 29,304

Renter-Occupied 8,910 83,464 143,914

Housing Value (Current Year) 1-mi. 3-mi. 5-mi.

Housing Value < $10,000 9 420 719

Housing Value $10,000-$14,999 25 402 808

Housing Value $15,000-$19,999 55 371 862

Housing Value $20,000-$24,999 28 302 513

Housing Value $25,000-$29,999 1 167 398

Housing Value $30,000-$34,999 15 289 587

Housing Value $35,000-$39,999 32 481 1,035

Housing Value $40,000-$49,999 165 1,237 2,233

Housing Value $50,000-$59,999 188 1,046 2,423

Housing Value $60,000-$69,999 234 1,416 2,922

Housing Value $70,000-$79,999 269 1,592 3,575

Housing Value $80,000-$89,999 233 1,890 4,826

Housing Value $90,000-$99,999 234 2,163 5,052

Housing Value $100,000-$124,999 379 3,909 9,698

Housing Value $125,000-$149,999 415 3,930 9,550

Housing Value $150,000-$174,999 513 4,630 11,890

Housing Value $175,000-$199,999 471 4,144 9,417

Housing Value $200,000-$249,999 547 4,534 9,640

Housing Value $250,000-$299,999 437 3,480 6,843

Housing Value $300,000-$399,999 224 2,410 5,413

Housing Value $400,000-$499,999 35 936 2,263

Housing Value $500,000-$749,999 20 762 1,839

Housing Value $750,000-$999,999 7 337 669

Housing Value $1,000,000 or more 11 265 426

Total Owner-occupied housing units (OOHU) 4,549 41,114 93,602



DEMOGRAPHIC REPORTIncome 1-mi. 3-mi. 5-mi.

Per Capita Income (2010 US Census, based on Total Population) $16,873 $20,292 $19,192

Per Capita Income (Current Year, based on Total Population) $17,206 $20,794 $19,701

Per Capita Income (5-Yr Projection, based on Total Population) $20,448 $25,020 $23,621

Average (Mean) Household Income (Current Year) $43,372 $50,173 $52,053

Median Household Income (Current Year) $30,145 $31,319 $33,729

% Households by Income (Current Year) 1-mi. 3-mi. 5-mi.

% Household Income < $10,000 17.56% 18.89% 16.62%

% Household Income $10,000-$14,999 9.24% 9.24% 8.6%
















% Household Income $500,000+ 0.15% 0.47% 0.44%

Education (Current Year) 1-mi. 3-mi. 5-mi.

College undergraduate 2,128 19,561 38,443

Graduate or prof school 692 9,795 14,904

Educational Attainment 1-mi. 3-mi. 5-mi.

10th grade 766 6,513 12,863

11th grade 978 9,047 17,786

12th grade, no diploma 447 4,849 10,409

High school graduate, GED 6,192 51,399 114,322

Some college, <1 year 1,060 10,947 21,750

Some college, 1+ years 5,401 41,865 80,005

Associate’s degree 1,892 14,630 27,605

Bachelor’s degree 2,897 27,714 50,340

Master’s degree 974 16,383 27,734

Professional school degree 97 3,138 5,273

Doctorate degree 96 4,195 5,494



Employment and Occupation 1-mi. 3-mi. 5-mi.

Total Civilian employed population aged 16+ (2010 US Census) 11,662 109,164 224,280

Total Civilian employed population aged 16+ (Current Year) 12,063 111,438 229,644

Total Civilian employed population aged 16+ (5-Yr Projection) 11,860 111,310 229,431

% Employment by Industry (2010 US Census) 1-mi. 3-mi. 5-mi.

% Armed Forces (2010 US Census) 0.04% 0.06% 0.03%

% Civilian, Employed (2010 US Census) 75.39% 79.23% 79.72%

% Civilian, Unemployed (2010 US Census) 24.57% 20.71% 20.25%

% Not in Labor Force (2010 US Census) 39.83% 42.14% 42.12%

% Armed Forces (Current Year) 0.05% 0.06% 0.03%

% Civilian, Employed (Current Year) 84.76% 87.36% 87.69%

% Civilian, Unemployed (Current Year) 15.19% 12.58% 12.28%

% Not in Labor Force (Current Year) 45.64% 47.33% 47.25%

% Armed Forces (Five Year Projection) 0.05% 0.07% 0.03%

% Civilian, Employed (Five Year Projection) 83.3% 86.15% 86.54%

% Civilian, Unemployed (Five Year Projection) 16.66% 13.78% 13.43%

% Not in Labor Force (Five Year Projection) 43.54% 45.33% 45.25%

Transportation to Work (Current Year) 1-mi. 3-mi. 5-mi.

Total Workers 16+ 12,063 111,438 229,644

Car, truck, or van 7,271 60,742 139,204

Public transport (not taxi) 3,848 36,634 67,651

Worked at home 555 4,722 8,224

Travel Time to Work (Current Year) 1-mi. 3-mi. 5-mi.

< 5 minutes 116 1,107 2,336

5-9 minutes 327 4,359 8,847

10-14 minutes 1,000 7,904 15,471

15-19 minutes 1,032 9,617 19,206

20-24 minutes 1,139 11,807 24,890

25-29 minutes 487 4,907 10,255

30-34 minutes 1,921 18,740 42,425

35-39 minutes 503 3,644 6,981

40-44 minutes 646 6,488 13,948

45-59 minutes 1,785 15,322 32,165

60-89 minutes 1,600 14,871 30,068

90+ minutes 952 7,951 14,829

DEMOGRAPHIC REPORT



Consumer Expenditures (Current Year) 1-mi. 3-mi. 5-mi.

Total Alcoholic beverages $4,587,535 $44,531,706 $87,180,933

Total Apparel and services $15,693,648 $152,359,083 $304,888,194

Total Cash contributions $12,327,464 $124,107,253 $248,802,630

Total Education $9,907,752 $100,055,801 $198,120,529

Total Entertainment $27,503,167 $265,643,144 $535,670,751

Total Food $70,921,911 $672,750,856 $1,334,221,310

Total Gifts $8,927,736 $88,332,937 $179,404,227

Total Healthcare $46,446,695 $450,103,633 $905,240,890

Total Housing $184,061,211 $1,775,618,979 $3,521,718,994

Total Miscellaneous $10,649,623 $98,591,500 $194,059,381

Total Personal care products and services $6,532,142 $63,663,827 $130,373,743

Total Personal insurance and pensions $47,853,614 $477,650,952 $980,923,147

Total Reading $1,036,291 $10,411,655 $20,886,919

Total Tobacco products and smoking supplies $5,200,791 $47,282,850 $91,331,886

Total Transportation $106,861,927 $1,048,715,156 $2,118,374,660

Retail Demand by Store Type 1-mi. 3-mi. 5-mi.

Total Retail Demand $421,881,844 $4,071,911,557 $8,139,114,639

Building Material & Garden Equipment & Supply Dealers $23,388,050 $232,706,656 $469,756,782

Clothing & Clothing Accessories Stores $17,898,381 $174,105,504 $349,018,042

Electronics and Appliance Stores $7,502,558 $72,823,480 $145,810,299

Food & Beverage Stores $58,281,019 $551,577,290 $1,091,983,729

Food Services & Drinking Places $50,358,059 $482,379,946 $960,223,295

Furniture & Home Furnishings Stores $7,461,697 $73,608,245 $147,395,228

Gasoline stations $36,921,996 $350,946,831 $697,262,279

General Merchandise Stores $54,510,337 $520,977,205 $1,038,296,234

General Merchandise, Apparel and Accessories, Furniture and Other Sales

$96,415,933 $929,063,348 $1,856,295,427

Health & Personal Care Stores $27,142,599 $260,509,461 $521,515,756

Miscellaneous Store Retailers $10,679,363 $101,620,860 $203,957,860

Motor Vehicle & Parts Dealers $76,389,123 $752,593,739 $1,516,272,712

Nonstore retailers $44,638,949 $433,070,726 $867,099,090

Sporting Goods, Hobby, Musical Instrument, and Book Stores $6,709,713 $64,991,613 $130,523,331

60-89 minutes 1,600 14,871 30,068

90+ minutes 952 7,951 14,829

DEMOGRAPHIC REPORT

2017-2018 Demographics provided by Experian through Alteryx

CHAMPLAIN COURT643 e. 71st street, chicago, il

PAUL PROANOCOMMERCIAL REAL ESTATE ADVISOR312-860-4043 [email protected]

Licensed in Illinois & Wisconsin

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