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Office: 2700 Patriot Boulevard, Suite 250 Glenview, Illinois 60026 Mailing: PO Box 8185 Northfield, Illinois 60093-8185 Tel 224-255-0030 www.ThePydoGroup.com NOTICE OF NO AGENCY RELATIONSHIP This Notice of No Agency is being provided as required by Illinois State law. Sellers Designated Agent”: Donald J. Pydo Sponsoring Broker: The Pydo Group, Inc. All prospective Buyers: The Pydo Group, Inc. has previously entered into an agreement with the Seller to provide certain real estate brokerage services to the Seller. Seller’s Designated Agent will not be acting as your agent but as the agent of the Seller. Prospective Buyer’s Signature Date Prospective Buyer’s Signature Date
13

NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

Oct 05, 2020

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Page 1: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

Office: 2700 Patriot Boulevard, Suite 250 │Glenview, Illinois 60026 Mailing: PO Box 8185 │Northfield, Illinois 60093-8185

Tel 224-255-0030 │www.ThePydoGroup.com

NOTICE OF NO AGENCY RELATIONSHIP

This Notice of No Agency is being provided as required by Illinois State law.

“Seller’s Designated Agent”: Donald J. Pydo Sponsoring Broker: The Pydo Group, Inc.

All prospective Buyers: The Pydo Group, Inc. has previously entered into an agreement with the Seller to provide certain real estate brokerage services to the Seller. Seller’s Designated Agent will not be acting as your agent but as the agent of the Seller.

Prospective Buyer’s Signature Date

Prospective Buyer’s Signature Date

Page 2: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

v12.1.2016

Property Features +/- 1.16 Acres

Zoning: R3

Potential redevelopment opportunity for apartments/condominiums/assisted living or

use two existing two story buildings (+/- 14,420 SF) for office or retail

Location: Close proximity to Northwest Community Hospital, schools, retail, and

Metra train line

Utilities available

22,000 VPD

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

DEMOGRAPHICS - 2016 Estimate (CoStar)

1 Mile 3 Mile 5 Mile

Population 14,862 131,956 330,628

Households 5,671 52,704 129,217

Median Age 44.7 42.6 40.2

Avg. HH Income $111,973 $98,444 $93,135

Median HH Income $89,389 $76,657 $71,691

Page 3: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

Asking Price: Subject to Offer

County: Cook County

Township: Wheeling Township

Parcel Numbers: 03-20-302-045-0000

Real Estate Taxes (2015) $36,840

Gross Acres: +/- 1.16

Improvements: (SOLD AS-IS)

+/- 12,720 SF two story block & frame building +/- 1,700 SF two story brick and stucco residence

Existing Zoning: R-3 Residential

Schools: Elementary: Olive-Mary Stitt School (Dist. 25) Middle: Thomas Middle School (Dist. 25) High School: John Hersey High School (Dist. 214)

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

v12.1.2016

Page 4: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

v12.1.2016

Page 5: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

This drawing is conceptual only and for the convenience of reference. It should not be relied upon as a representation,

express or implied, of the final size, location or dimensions of any lot or building area.

Multi-family/Apartment Redevelopment Conceptual Plan Summary

4 Story Building over a 1 Story Parking Deck

Total SF: +/- 60,880 SF (excludes parking) Number of Units: Approximately 50 depending on unit mix.

v12.1.2016

Page 6: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

This drawing is conceptual only and for the convenience of reference. It should not be relied upon as a representation, express or implied, of the final size, location or dimensions of any lot or building area.

Medical Office Redevelopment Conceptual Plan Summary Existing Building: 12,720 SF Proposed Addition (1st Floor): 2,803 SF Total SF: 15,523 SF Proposed Parking Stalls: 79 (5.08:1,000 SF)

Conceptual Plans Designed By:

v12.1.2016

Page 7: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

This drawing is conceptual only and for the convenience of reference. It should not be relied upon as a representation, express or implied, of the final size, location or dimensions of any lot or building area.

Conceptual Plans Designed By:

v12.1.2016

Page 8: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

PLEASE DO NOT WALK PROPERTY WITHOUT PRIOR APPROVAL

1316 N. Arlington Heights Road

Arlington Heights, IL

REDEVELOPMENT OPPORTUNITY

+/- 1.16 Acres

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of pr ice, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

For More Information, Please Contact: Donald J. Pydo

President & Managing Broker Direct: 224-255-0031

[email protected] 2700 Patriot Boulevard, Suite 250, Glenview, IL 60026

O: 224-255-0030 F: 888-768-0092

v12.1.2016

Page 9: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

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1316 N Arlington Heights Rd.

1316 N Arlington Heights Rd, Arlington Heights, IL, United States 60004

The Pydo Group, [email protected]

1

Page 10: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

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1316 N Arlington Heights Rd, Arlington Heights, IL, United States 60004

The Pydo Group, [email protected]

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Page 11: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

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1316 N Arlington Heights Road, Arlington Heights, IL,

The Pydo Group, [email protected]

1

Page 12: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

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1316 N Arlington Heights Road, Arlington Heights, IL,

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Pitched Roof on 2nd Floor Reduces Usable Square Footage

Page 13: NOTICE OF NO AGENCY RELATIONSHIP This Notice of No …...1316 N. Arlington Heights Road Arlington Heights, IL REDEVELOPMENT OPPORTUNITY +/- 1.16 Acres DEMOGRAPHICS - 2016 Estimate

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5