sabre woods development - loopnet...tif pricing 8-4-2017 ... 1" = 80' sabre woods...
TRANSCRIPT
SABRE WOODS DEVELOPMENTExclusively Marketed by Coldwell Banker Residential Brokerage
What was once the historically renowned
Sabre Room in Hickory Hills finally gives way
to the long awaited redevelopment of the 30
acre site. The wooded 10 acre west end site
which has never been developed will now be
the site of a naturally wooded and beautifully
designed age restricted (55 and older) housing
and multi-family development. The east 20
acre portion of the development, which once
housed Sabre Room, will now be redeveloped
into a substantial Senior Housing facility for
approximately 236 Assisted and Independent
living and Memory Care units and a commercial
retail/office site. Retail lots range from .51 acres
for convenient food facilities to 2.08 acres which
can possibly be sub-divided further. Each site
will be readied for construction with utility stubs,
site grading, interior service roadways, water
detention facilities, and lot prep provided for
each lot via pending TIF funding.
Sabre Woods Pricing As Of 10-27-2017 Lot Sellable Acres Lot SF Building Type Price Lot 1 2.08 90,445 2 Story Commercial $2,608,434 Retail / Commercial Lot 2 2.02 88,020 2 Story Commercial $2,538,497 Retail / Commercial Lot 3 1.83 79,694 2 Story Commercial $2,095,155 Retail / Commercial Lot 4 4.81 209,523 4 Story Senior $5,200,000 236 Assisted and Independent Living and Memory Care units Lot 5 0.59 25,700 2 Story Commercial $825,000 Retail Lot 6 0.51 22,233 1-2 Story Commercial $975,000 Retail Lot 7 0.51 22,233 1-2 Story Commercial $975,000 Retail Residential West 10 Acres Lot 13 2.13 92,783 3,500 SF Min. Lot $1,000,000 20 Senior Ranches Lot 9 - 84 Units 3.2 139,392 78,000 SF Buildable $1,700,000 2 Senior Apt. Buildings Lot 10 1.5 65,183 6,600 SF/Lot $450,000 (6) R-4 Lots 2,800 SF Buildable
Lot 2
AL/MCLot 4
2STORYRETAIL
Lot 5
RETAILLot 6
Lot 3
Lot 1
RETAILLot 7
4.94 ACRES
1.50 AC.
Lot 11
Lot 10
Lot 12
Lot 9Lot 5A
StormwaterDetention
Lot 8StormwaterDetention
W. 95th STREET
S.
88TH
A
VE
NU
E
W. 93RD PLACE
S. 9
0TH
AV
E.
S. 8
9TH
AV
E.
W. 95th AVE.
93RD STREET
Lot13
Walgreens
ITEM DATE
DATE
PROJECT NAMEOWNER'S NAME
CONSULTANTS
ISSUED FOR
CHECKED
DRAWN
REVISIONS
PM
PROJECT NUMBERSHEET NUMBER
SHEET TITLE
8-4-2017TIF PRICING
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
--------
--------
--------
--------
----
--------
--------
----
L01
17029
XXX
PM
----
HICKORY HILLS, IL
--------
--------
--------
--------
HICKORY HILLS30 ACREDEVELOPMENT
www.arcdesign.comDesign Firm License No. 184-001334
5291 ZENITH PARKWAYLOVES PARK, IL 61111VOICE: (815) 484-4300FAX: (815) 484-4303
--------
--------
---- ----
---- ----
Land Use Exhibit
17.
16.
15.
14.
13.
12.
11.
10.
9.
8.
7.
6.
5.
4.
3.
2.
1.
7.
6.
5.
4.
3.
2.
1.
0
SCALE:
feet80 160 240
1" = 80'
SABRE WOODS DEVELOPMENT - LAND USE EXHIBITAugust 22, 2017
LOT 10
LOT 11 LOT 12
LOT 9 LOT 13 LOT 4
LOT 3 LOT 2 LOT 6 LOT 7 LOT 1
LOT 5
Multi-family, Single Family, Duplex,
Townhome 55 and Older
Single Family, Duplex, Townhome
Civic Parcel
Waterway ParkCommon Area
6 Market Rate Single Family or 8 Townhomes
Median resident age: 39.0 years
Illinois median age: 37.7 years
ZIP CODES: 60458:
Estimated median household income in 2015: $60,409
($54,779 in 2000)
Hickory Hills: $60,409
IL: $59,588
Estimated per capita income in 2015: $26,866
($23,747 in 2000)
HICKORY HILLS CITY INCOME, EARNINGS, AND WAGES DATA:
Estimated median house or condo value in 2015: $222,665
($158,900 in 2000)
Hickory Hills: $222,665
IL: $180,300
Mean prices in 2015: All housing units: $297,451
Detached houses: $309,746
Townhouses or other attached units: $271,276
In 2-unit structures: $256,745
In 3-to-4-unit structures: $294,103
In 5-or-more-unit structures: $302,476
Mobile homes: $45,418
Occupied boats, RVs, vans, etc.: $77,651
Source: www.SuburbanStats.Com
SITE TRAFFIC COUNTS:
95th Street West of 88th Street 15,700 Per Day (2015)
95th Street East of 88th Street 20,900 Per Day (2015)
Source: Illinois Department of Transportation – www.GettingAroundIllinois .com
SANTO RIZZOREAL ESTATE BROKERMULTI-FAMILY & COMMERCIAL SPECIALIST312-848-1990
2.5% BROKER COOPERATION WELCOMED
If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. ©2017 Coldwell Banker Residential Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Real estate agents affiliated with Coldwell Banker Residential Broker-age are independent contractor sales associates and are not employees of Coldwell Banker Residential Brokerage.
HICKORY HILLS DEMOGRAPHICS