FOR LEASE
GLEN ELLYN - NEW RETAIL - TOD CONSTRUCTION OPENING SUMMER 2017 NWC of Crescent Street and Glenwood Avenue l Glen Ellyn, IL
DESCRIPTION
AVAILABLE 70,000 SF
DEMOGRAPHICS
Total Population Total Households Avg Household Income Daytime Population
1 Mile 15,946 5,827 $149,290 6,165
3 Mile 119,901 44,724 $101,464 47,447
5 Mile 271,763 100,795 $99,170 106,713
• NEW RETAIL CONSTRUCTION - OPENING SUMMER 2017 • Retail, restaurants for lease • NWC of Crescent Street & Glenwood Avenue • Transit oriented development with deck parking at the train station • 70,000 SF of available retail space for lease • 245 residential units
Year: 2015 | Source: Esri
DEVELOPED BY CONTACT
Kevin Boyd | 312.279.5331
[email protected] Michael Straus | 312.279.5328
[email protected] SRS Real Estate Partners | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
FOR LEASE
Executive Summary GLEN ELLYN - NEW RETAIL - TOD Glen Ellyn, Illinois CONSTRUCTION OPENING SUMMER 2017 Rings: 1, 3, 5 mile radii
Prepared by Esri Latitude: 41.87546 Longitude: -88.06573
NWC of Crescent Street and Glenwood Avenue l Glen Ellyn, IL
1 mile
3 miles
5 miles
Population 2000 Population
15,715
118,279
270,765
2010 Population 2015 Population
15,829 15,946
119,126 119,901
270,073 271,763
2020 Population 2000-2010 Annual Rate
16,198 0.07%
121,823 0.07%
275,965 -0.03%
2010-2015 Annual Rate 2015-2020 Annual Rate 2015 Male Population 2015 Female Population 2015 Median Age
0.14% 0.31%
0.12% 0.32%
0.12% 0.31%
48.1% 51.9% 41.4
49.0% 51.0% 37.4
49.2% 50.8% 38.3
In the identified area, the current year population is 271,763. In 2010, the Census count in the area was 270,073. The rate of change since 2010 was 0.12% annually. The five-year projection for the population in the area is 275,965 representing a change of 0.31% annually from 2015 to 2020. Currently, the population is 49.2% male and 50.8% female. Median Age The median age in this area is 41.4, compared to U.S. median age of 37.9. Race and Ethnicity 2015 White Alone
92.1%
76.9%
75.3%
2015 Black Alone
2.1%
5.7%
5.3%
2015 American Indian/Alaska Native Alone
0.1%
0.2%
0.3%
2015 Asian Alone
2.9%
9.5%
10.5%
2015 Pacific Islander Alone
0.0%
0.0%
0.0%
2015 Other Race
1.1%
5.0%
6.0%
2015 Two or More Races
1.7%
2.7%
2.5%
2015 Hispanic Origin (Any Race)
4.4%
12.6%
14.9%
Persons of Hispanic origin represent 14.9% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 56.6 in the identified area, compared to 63.0 for the U.S. as a whole. Households 2000 Households
5,696
43,778
2010 Households
5,768
44,304
99,558
2015 Total Households
5,827
44,724
100,795
2020 Total Households
5,920
45,500
102,636
2000-2010 Annual Rate
0.13%
0.12%
0.20%
2010-2015 Annual Rate
0.19%
0.18%
0.24%
2015-2020 Annual Rate
0.32%
0.34%
0.36%
2.73
2.63
2.65
2015 Average Household Size
97,594
The household count in this area has changed from 99,558 in 2010 to 100,795 in the current year, a change of 0.24% annually. The fiveyear projection of households is 102,636, a change of 0.36% annually from the current year total. Average household size is currently 2.65, compared to 2.67 in the year 2010. The number of families in the current year is 69,105 in the specified area.
Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.
SRS Real Estate Partners | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate
Partners makes ©2015 Esri no guarantees, warranties or representations as to the completeness or accuracy thereof.
October 26, 2015
SRSRE.COM Page 1 of 2
FOR LEASE
Executive Summary GLEN ELLYN - NEW RETAIL - TOD Glen Ellyn, Illinois CONSTRUCTION OPENING SUMMER 2017 Rings: 1, 3, 5 mile radii
Prepared by Esri Latitude: 41.87546 Longitude: -88.06573
NWC of Crescent Street and Glenwood Avenue l Glen Ellyn, IL
1 mile
3 miles
5 miles
Median Household Income 2015 Median Household Income
$106,819
$74,829
$74,819
2020 Median Household Income 2015-2020 Annual Rate
$120,640 2.46%
$85,272 2.65%
$85,213 2.64%
$149,290 $167,610 2.34%
$101,464 $114,491 2.45%
$99,170 $112,123 2.49%
$54,707 $61,413 2.34%
$38,089 $43,005 2.46%
$37,027 $41,941 2.52%
Average Household Income 2015 Average Household Income 2020 Average Household Income 2015-2020 Annual Rate Per Capita Income 2015 Per Capita Income 2020 Per Capita Income 2015-2020 Annual Rate Households by Income Current median household income is $74,819 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $85,213 in five years, compared to $60,683 for all U.S. households Current average household income is $99,170 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $112,123 in five years, compared to $84,910 for all U.S. households Current per capita income is $37,027 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $41,941 in five years, compared to $32,501 for all U.S. households Housing 2000 Total Housing Units
5,822
45,104
100,289
2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units 2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units 2010 Vacant Housing Units 2015 Total Housing Units 2015 Owner Occupied Housing Units 2015 Renter Occupied Housing Units 2015 Vacant Housing Units 2020 Total Housing Units 2020 Owner Occupied Housing Units 2020 Renter Occupied Housing Units 2020 Vacant Housing Units
4,721 975 126 6,089 4,550 1,218 321 6,165 4,496 1,331 338 6,257 4,567 1,354 337
30,781 12,997 1,326 46,882 30,934 13,370 2,578 47,477 30,321 14,403 2,753 48,335 30,773 14,727 2,835
72,638 24,956 2,695 105,286 72,088 27,469 5,728 106,713 70,867 29,929 5,918 108,433 71,879 30,757 5,797
Currently, 66.4% of the 106,713 housing units in the area are owner occupied; 28.0%, renter occupied; and 5.5% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 105,286 housing units in the area - 68.5% owner occupied, 26.1% renter occupied, and 5.4% vacant. The annual rate of change in housing units since 2010 is 0.60%. Median home value in the area is $273,939, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 1.94% annually to $301,506.
Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.
SRS Real Estate Partners | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate
Partners makes ©2015 Esri no guarantees, warranties or representations as to the completeness or accuracy thereof.
October 26, 2015
SRSRE.COM Page 2 of 2