Sale Brochure

Bus Barn / Lot Investment Opportunity in Tolono
| Tolono,IL
For Sale | $150,000
Offering Highlights
Alex Ruggieri, CCIM, MBA
5,000 SF Drive Thru Bus Warehouse
2 Service Bays
Serving Tolono Unit #7 School
Senior Advisor
217.841.4382
alex.ruggieri@svn.com
IL #475080956
Noah Ruggieri, MBA
Associate Advisor
217.398.1111
noah.ruggieri@svn.com
Fenced Yard
ramshaw.com/
For Sale | Retail
Bus Barn / Lot Investment Opportunity in Tolono
619 RT 45 • Tolono, IL 61880
Investment Overview
Sale Price:
$150,000
Cap Rate:
10.04%
NOI:
$15,061
Lot Size:
Building Size:
Market:
Sub Market:
0.86 Acres
5,000 SF
Central Illinois
Champaign County
Property Overview
Property
The Property is currently a Bus Barn for Tolono Unit #7 School. Warehouse has cement floors, office area, and two bay doors. Lot is gravel and is
partially fenced. Lease in place. All utilities available.
Brief Legal: .86 acre Lot 020 Sec.35 Twp.18
Real Estate Taxes 2015: $1,526
Location
The subject is located on Rt. 45 in the township of Tolono, IL between the City of Pesotum (4 miles) south and the city of Savoy (7 miles) north.
Savoy is part of the Champaign -Urbana metropolitan area and lies immediately south of the City of Champaign. To the south and west of the Village
is Willard Airport, the regional airport operated by the University of Illinois and Champaign County, and to the east of the Village is the University of
Illinois, South Farms. The IL Central Railroad also serves the metropolitan area. The Village is served by an off exit on I-57 located about 31/2 miles
southwest of the community off Monticello Road. I-72 and I-74 are accessible via I-57. Savoy has experienced significant growth over the past 2 to 3
years, including the construction of a new Residential Subdivisions, Super Wal-Mart, CVS, Restaurants and new Retail stores.
Champaign-Urbana is the home of the University of Illinois, Parkland College, two major hospitals. Chicago is two hours north, Indianapolis is two
hours east, and St. Louis is three hours southwest.
Presented by
ALEX RUGGIERI, CCIM, MBA
NOAH RUGGIERI, MBA
217.841.4382
alex.ruggieri@svn.com
IL #475080956
217.398.1111
noah.ruggieri@svn.com
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ramshaw.com/
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
Income & Expenses
For Sale | $150,000
619 RT 45 | Tolono, IL 61880
Income Summary
GROSS INCOME
$20,003
Insurance
$3,428
Real Estate Taxes
$1,514
GROSS EXPENSES
$4,942
Net Operating Income
$15,061
Expenses Summary
>>>>>>> Enter Notes or Comments
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ramshaw.com/
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Photos
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Location Maps
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
Demographics Report
For Sale | $150,000
619 RT 45 | Tolono, IL 61880
1 Mile
3 Miles
5 Miles
Total Population
5,096
32,961
131,474
Total Number of Households
1,403
11,342
49,278
3.6
2.9
2.7
$150,514
$204,209
$185,768
$81,530
$77,499
$58,232
Median Age - Male
28.1
26.0
31.2
29.7
29.9
29.2
Median Age - Female
29.4
32.8
30.7
3,821
75.0%
24,100
73.1%
92,118
70.1%
342
6.7%
2,307
7.0%
17,482
13.3%
665
13.0%
5,158
15.6%
16,854
12.8%
0
0.0%
0
0.0%
25
0.0%
9
0.2%
60
0.2%
311
0.2%
121
2.4%
531
1.6%
2,237
1.7%
307
6.0%
1,483
4.5%
6,651
5.1%
Total Number of Persons per Household
Average House Value
Average Household Income
Median Age
Total Population - White
Total Percent - White
Total Population - Black
Total Percent - Black
Total Population - Asian
Total Percent - Asian
Total Population - Hawaiian
Total Percent - Hawaiian
Total Population - Indian
Total Percent - Indian
Total Population - Other
Total Percent - Other
Total Population - Hispanic
Total Percent - Hispanic
* Demographic information provided by BuildOut, Inc.
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
Advisor Bio & Contact 1
Alex Ruggieri, CCIM, MBA
Senior Advisor
SVN | 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
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.
IL #475080956
Phone: 217.841.4382
Fax: 217.693.4960
Email: alex.ruggieri@svn.com
Address: 505 West University Ave
Champaign, IL 61820
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.
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
Advisor Bio & Contact 2
Noah Ruggieri, MBA
Associate Advisor
SVN | 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.
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.
Noah Ruggieri, MBA
Ruggieri has given back to the community over the years through
Associate Advisor
volunteer work with a local BSA scouting group as well as
Phone: 217.398.1111
mentoring in the CU 1to1 Program for the last four years to date.
Fax: 217.359.6423
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
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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Retail Property For Sale
Bus Barn / Lot Investment Opportunity in Tolono
Confidentiality & Disclaimer
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.
All Sperry Van Ness® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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