2. Closed JGC Transactions To Date
CLOSED TRANSACTIONS
Property Name and/or Address Property Type Town Purchase Price Closed
Meijer Outlot No. 4 (1.06 acres) Commercial Land Plainfield $ 625,000 01/05/12
712 Essington Office Building Joliet $ 1,055,000 02/28/12
Drake Landings Subdivision Northville Township $ 100,000 02/29/12
Minooka 59.48 Acres - Channahan Township Farm Land Minooka $ 618,450 03/02/12
Kensington Station North & South Multifamily Land Aurora $ 3,425,000 03/26/12
Hunt Club West 51.67 Acres Farm Land Oswego $ 645,875 03/26/12
Grande Park MF Lots 6 & 7 Multifamily Land Plainfield $ 780,000 03/28/12
2620 N. Halsted & 6124 N. Broadway Residential Condo Building Chicago $ 1,800,000 03/30/12
Minooka 80 Acres Farm Land Will County $ 850,000 03/30/12
Clocktower Pointe Residential Condos Countryside $ 4,150,000 07/17/12
3. Price Adjustment
NWC of I80 & Wolf Rd, Mokena
Description: 14.22+/- acres at the northwest corner of I-80 &
Wolf Rd in unincorporated Orland Park in Will County, Illinois
Price: $450,000
Zoning/Future Land Use: Currently zoned R-1 residential in
Will County, but planned for regional industrial/distribution by
Orland Park
14.22 acres located at northwest corner of I-80 & Wolf Road in
unincorporated Orland Park. Property is currently being farmed
and includes a small structure. Average soil productivity index
(PI) of 113. A private frontage road runs along the south edge of
the property and connects to Wolf Road. Great visibility on I-80
and Wolf Road. Property is currently zoned R-1 residential, but is
planned for regional industrial/distribution uses according to
Orland Park’s Comprehensive Plan. Property is surrounded by
business/industrial uses and is situated in the robust I-80 corridor.
Only 2 minutes from Metra rail station, 5 minutes from I-80/U.S.
45 interchange, 5 minutes from downtown Mokena, 10 minutes
from Orland Square, and 15 minutes from Tinley Park
Convention Center and First Midwest Bank Amphitheater.
4. Price Adjustment
Ashwood Crossing, Naperville
Description: 32.9+/- acres at southwest corner of 95th Street and
248th Street in unincorporated Naperville, Illinois
Price: $900,000
Zoning/Future Land Use: North Parcel zoned A1 (Agricultural) in
Will County; Entire property designated in Naperville’s Land Use
Plan as Mixed-Use Commercial - Retail and Office
32.9+/- acres of land for sale at SWC of 95th Street and 248th
Street in the South Naperville area. The property is currently used
for agricultural purposes. A four-acre life estate is also located on
the property. Wolf’s Crossing Road runs diagonally through the
property, but is proposed to be re-routed along
the western boundary of the property. Ideal for mixed-
use development, especially retail and office development.
5. Price Adjustment
5413 Walnut Ave, Downers Grove
Description: Office building for sale on east side of
Walnut Avenue, just north of Maple Avenue in Downers
Grove, Illinois.
• Price: $525,000
• Size: 8,800 sq. ft.
• Type: 2-story office building, Class C
• Built: 1975
• Zoning: M-1 Light Manufacturing
• Land-Use Designation: Office/Corporate
Campus
Well-constructed 2-story office building with reception
area and front hall stairway. Ideal for professional or
medical office. Space can be divided. Ample parking.
Great location only a minute from complete interchange
at I-355 and Maple Avenue. Only 1 mile from Metra
commuter rail station at Belmont Road. Close to Lisle
and Woodridge.
6. The following graph depicts the
average
price per acre for commercial land
by quarter. The information
represents sales over the entire
Chicagoland area.
7. The following graph depicts total
sales volume measured in total
dollars on a quarterly basis. The
information represents sales over
the entire Chicagoland area.
8. The following graph depicts total
available listings active on the
market. The information represents
listings over the entire Chicagoland
area.