Urbana, IL For Sale $990,000 Offering Highlights 22,712 SF Facility 2.56 Acres Excellent Visibility Alex Ruggieri, CCIM, MBA Senior Advisor 217.398.1111 alex.ruggieri@svn.com Noah Ruggieri, MBA Associate Advisor 217.398.1111 noah.ruggieri@svn.com Blocks From U of I Gateway Interstate 74 Exit
For Sale Special Purpose Former Care Centre 907 North Lincoln Ave Urbana, IL 61801 Sale Overview Sale Price $990,000 Lot Size 2.56 Acres Building Size 22,712 SF Year Built 1967 Zoning R-5 Medium High Density Multiple Family Residence Market Central Illinois Sub Market University of Illinois Cross Streets Fairview Ave. Property Overview Property Great location on Lincoln Ave. one of the main access streets to the University of Illinois. Near the corner of University and Lincoln Ave. Vacant 52 room adult care center. 22,712 SF facility. Sits on 2.56 acres of land. Two courtyards, three dining rooms, and paved parking lot/drive. Excellent visibility. Lincoln Ave. is an exit off of Interstate 74. Just blocks away from the Gateway to the University of Illinois. Legal: LOT 21 OF CARMEN'S 3RD SUB Real Estate Taxes 2014: $22,302 Location Champaign County, Illinois is located in the heart of East Central Illinois with Interstates 57 and 74 intersecting in the County, Chicago, Illinois is approximately 2 hours north;st. Louis, Missouri is approximately 3 hours southwest; and Indianapolis, Indiana is approximately 2 hours east. Home to the University of Illinois, Parkland College, and two major regional hospitals ( Carle Foundation Hospital and Provena Covenant Hospital), Champaign County is a leader in education, health care, government, technology, industry, and agriculture. Presented by ALEX RUGGIERI, CCIM, MBA 217.398.1111 alex.ruggieri@svn.com NOAH RUGGIERI, MBA 217.398.1111 noah.ruggieri@svn.com 2
Site Plan Site Plan Description Brief Legal: Lot 21 of Carmen's 3rd Sub. PI# 91-21-07-282-021 Real Estate Taxes: $18,859 (2011) 3
Floor Plan Floor Plan 4
Former Care Centre Location Map 5
Location Maps 6
Demographics Analysis 907 North Lincoln Ave Urbana, IL 61801 Demographics Report 1 Mile 3 Miles 5 Miles Total Population 14,526 91,965 143,636 Total Number of Households Total Number of Persons per Household Average House Value Average Household Income 5,341 34,343 55,047 2.7 2.7 2.6 $212,087 $148,674 $148,917 $30,750 $42,179 $50,219 Median Age Median Age - Male Median Age - Female 23.3 26.5 29.0 23.5 26.0 28.4 23.2 27.2 29.7 Total Population - White Total Percent - White 7,587 61,266 96,367 52.2% 66.6% 67.1% Total Population - Black Total Percent - Black 3,505 14,879 24,222 24.1% 16.2% 16.9% Total Population - Asian Total Percent - Asian 2,956 12,389 17,680 20.3% 13.5% 12.3% Total Population - Hawaiian Total Percent - Hawaiian 10 21 24 0.1% 0.0% 0.0% Total Population - Indian Total Percent - Indian 37 249 392 0.3% 0.3% 0.3% Total Population - Other Total Percent - Other 164 1,640 2,369 1.1% 1.8% 1.6% Total Population - Hispanic Total Percent - Hispanic 643 6,071 8,383 4.4% 6.6% 5.8% * Demographic information provided by BuildOut, LLC 7
Demographics Analysis 907 North Lincoln Ave Urbana, IL 61801 Radius Map 1 Mile 3 Miles 5 Miles Total Population 14,526 91,965 143,636 Total Number of Households 5,341 34,343 55,047 Average Household Income $30,750 $42,179 $50,219 Median Age 23.3 26.5 29.0 * Demographic information provided by BuildOut, LLC 8
Advisor Bio & Contact Alex Ruggieri, CCIM, MBA Senior Advisor Sperry Van Ness/ Ramshaw Real Estate, Inc. Alexander Ruggieri, Jr., CCIM, serves as a senior advisor for Sperry Van Ness specializing in the sale of investment properties and corporate relocations in Champaign- Urbana and Central Illinois. With more than 30 years of commercial real estate industry experience, he has built an array of valuable business, real estate, and banking community contacts that benefit his clients. Ruggieri has secured a transaction career sales volume in excess of $500 million. Prior to joining Sperry Van Ness, he served as vice president of Ramshaw Real Estate, a full-service brokerage firm, where he remains involved in acquisitions, sales, development and management of various types of investment properties. Alex Ruggieri, CCIM, MBA Senior Advisor Phone: 217.398.1111 Fax: 217.693.4960 Email: alex.ruggieri@svn.com Address: 505 West University Ave Champaign, IL 61820 Career highlights include being the recipient of Sperry Van Ness Achievers Award for outstanding sales, Partner's Circle Award (the company's highest sales award), and authoring commercial real estate articles for regional and national real estate trade publications such as MidWest Real Estate News, Heartland Real Estate Business, and Commercial Investment Real Estate. Ruggieri is a member and a Graduate REALTOR Institute designee of the National Association of Realtors. He also holds the prestigious CCIM Certified Commercial Investment Member designation. Ruggieri earned a master's degree in Business Administration with an emphasis in Finance from the University of Illinois at Urbana-Champaign. 11
Advisor Bio & Contact Noah Ruggieri, MBA Associate Advisor Sperry Van Ness/ Ramshaw Real Estate, Inc. Noah Ruggieri has an MBA with a minor in corporate governance and international business. He is a commercial real estate broker associate advisor for Sperry Van Ness specializing in assisting clients to find business locations, and to help develop their companies vision successfully through real estate. With global consulting experience he is uniquely qualified to help clients from all avenues. Noah Ruggieri, MBA Associate Advisor Phone: 217.398.1111 Fax: 217.359.6423 Growing up in this community over the last thirty plus years and working in it for the last ten he has a unique perspective and desire to help others achieve their business goals. He was self-employed for nine years and most recently worked in the financial sector as a banker for a national institution learning the details of finance. Ruggieri has given back to the community over the years through volunteer work with a local BSA scouting group as well as mentoring in the CU 1to1 Program for the last four years to date. His additional time is spent with his family. Cell: 217.367.1700 Email: noah.ruggieri@svn.com Address: 505 West University Ave Champaign, IL 61820 12
Disclaimer Confidentiality The material contained in this Investment Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of Sperry Van Ness or Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Property Owner ( Owner ) in connection with the sale of the Property is the Sperry Van Ness Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Investment Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to Sperry Van Ness. Neither the Sperry Van Ness Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future performance of the Property. This Offering Brochure may include certain statements and estimates by Sperry Van Ness with respect to the projected future performance of the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the Sperry Van Ness Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the Sperry Van Ness Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the Sperry Van Ness Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. 13