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Views: 78 Updated: 01.26.24 Posted: 05.03.23 Status: Inactive

Summary

Price $342,145
Built/Renov 1993
Tenant Illinois Coalition Against Domestic Violence
Cap Rate 9.00%
Lease Type Modified Gross
Guarantor Corporate
Size/SF 5,150
Lease Start 06-01-2014
#Units 1
Price/SF $66.44
Expiration 06-30-2033
Tenant Type Government
NOI $30,793
R. Term 8.11
Ownership Fee Simple
Rent/SF $5.98
Increases 0.0%/0/yrs
Pop 5Mi 121,186
Lot/AC 0.28
Options 2/5yrs
AHHI 5Mi $70,904

Lease Highlights

  • ICADV has occupied property since 2014
  • Tenant has 10 years remaining in its current term with 2 (5-year) options to renew
  • Lease does not feature any escalations
  • Modified Gross lease | Landlord responsible for general maintenance
  • HVAC replaced within the last 3-5 years
  • Roof replaced within the last 5-7 years

Location Description

The 6 State of Illinois buildings & The Illinois Coalition Against Domestic Violence building are available as a portfolio or individually. They are strategically positioned three blocks south of the Illinois State Capitol Building. The portfolio is surrounded by a number of state-tenanted buildings such as CyberDrive Illinois, the Illinois State Museum, the Archives, the Library, the Attorney...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

The Illinois Coalition Against Domestic Violence (ICADV) is a non-profit organization of member organizations throughout Illinois that provide services for persons experiencing domestic violence....


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 13,026 79,981 119,275
2023 Total Population : 13,290 81,033 120,224
2023 Employed Civilian Pop : 6,427 37,011 56,132
2023 Total Businesses : 1,562 4,212 6,119
2023 Average Household Income : $ 68,954 $ 70,883 $ 81,253
2023 Total Consumer Spending : $ 399 M $ 2338 M $ 3862 M
2023 Median Age : 37 39 41
2023 Total Households : 6,593 37,679 54,677
2023 Pop Age 25+: Bachelor's Degree : 2,013 10,058 17,129
2023 Average Home Value : $ 160,383 $ 165,501 $ 186,145
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
W Lawrence Ave S College St 2017 5,100 0.03 mi
S College St W Cook St 2017 1,050 0.06 mi
S Pasfield St W Lawrence Ave 2003 8,600 0.09 mi
S College St W Canedy St 2017 550 0.12 mi
W Canedy St Spring St 2017 600 0.12 mi
Spring St W Cook St 2017 1,900 0.12 mi
W Cook St Spring St 2017 6,400 0.13 mi
S College St College St 2017 1,550 0.14 mi
Spring St W Canedy St 2017 2,550 0.14 mi
S Pasfield St Fayette Ave 2017 600 0.14 mi

Listing Broker

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