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SINGLE-TENANT, STATE OF ILLINOIS FOX VALLEY ADULT TRANSITION CENTER

$2,245,300 | 9.50%

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1329 North Lake Street
Aurora, Illinois 60506

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Under Contract

Features

  • Single-Tenant, State of Illinois Facility for Women Providing a Positive Transition from
  • Prison to Life in the Community
    • Four-Story Brick Structure | 40 Resident Rooms | 128 Female Resident Capacity
    • Housing Administrative Offices, Counseling, Volunteer and Educational Programs
    • Academic Courses at Fox Valley Include Adult Basic Education, GED and College Courses
  • Four Years Remaining on Gross Lease
    • Tenant Responsible for Many Expenses Including Utilities, Snow/Ice Removal, and Janitorial Services
    • Tenant has One, Five-Year Renewal Option
  • Long Operating History | The Transition Center has Been in Operation Since 1972
  • Became a Center for Women in 2000 After Initially Serving as a Facility for Men
  • Hard-Corner of Property has Potential for Future Development
  • Excellent Location Fundamentals
    • Situated at a Hard Corner, Signalized Intersection | 38,300 Total Vehicles Passing per Day
    • Densely Populated with 119,856 People Living Within a Three-Mile Radius
    • Near Schools, a Hospital, Shopping, Restaurants and Various Government Buildings; Providing an
  • Abundance of Entry-Level Positions
  • Adjacent to the State of Illinois Social Security Office and AMITA Health Mercy Medical
    Center Aurora
  • AMITA Health has 370 Hospital Beds, Plus an Outpatient Facility
  • The Illinois Department of Human Services and Illinois Department of Employment Security is Located Roughly a Half Mile from the Center
    • Additional State Buildings are Located Within a Two-Mile Radius
  • Half Mile from Interstate 88 Interchange
    • 90,350 Vehicles Passing per Day

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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