2022 Breaking Ground NEW

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20 Breaking Ground 22 www.johngreenerealestate.com


About Us At john greene Real Estate, we are dedicated to exceptional client service, integrity and collaboration. We pride ourselves in providing the highest quality brokerage services while acting as a strategic partner toour clients. Our team has the experience, capabilities and knowledge to successfully navigate thecomplex world of commercial, industrial, and land real estate to help you effectively achieve your business strategy.

This level of knowledge, experience, and impeccable service has earned john greene the respect of our clients who trust us with their real estate needs, leading to successful results for the clients we work with.

The john greene Real Estate team is poised to assist you from beginning to end. Our group is composed of brokers who specialize in commercial, industrial, and land real estate, support comprised of tenured land and real estate professionals, and ownership that has been instrumental in creating a proprietary database to provide the insight needed to be successful in today’s market.

Please contact us to discuss how we can best customize our services to meet your needs.

Brokerage Services

Advisory Services

• Asset / Portfolio acquisition & disposition

• Strategic Planning

• Buyer and Seller Representation

• Asset Due Diligence / Portfolio Due Diligence

• Tenant Representation

• Broker Pricing Valuation

• Industrial Landlord Representation

• Development Services

• Build-to-Suit Transactions

• Builder Solutions / New Home Services

• Commercial, Industrial, and Land

• Site Selection

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660+ transactions since 2011

We’ve got you covered. As a market leader, john greene Real Estate has transacted $1 billion worth of commercial, land, and industrial assets, including over $725 million since 2010 alone. Our sales span across over 90 communities from the Indiana border to the Wisconsin border and across the entire Chicagoland market. We are dedicated to providing the highest quality services to our clients and getting assets sold. We understand our clients require partners with experience, capabilities, and knowledge to successively navigate an extremely complex and unique array of issues. We are well equipped to assist you with all of your real estate needs. 03


Industrial Our industrial specialists at john greene Real Estate know the Chicagoland market and have developed a proven track record of success in working with local and national manufacturing, distribution and service companies as well as institutional investors and private owners.

2500 Lunt A 21,361 SF cooler/freezer building. Property is zoned I-2 and features 2 exterior docks, 1 drive in door and 16’ clear height.

24317 W. 143rd St. Midwest Industrial Funds

john greene Real Estate represented the purchaser on this transaction. It is a Class B industrial building. At the time of closing, it was 88% leased.

PROPERTY SIZE

21,361 SF

PROPERTY SIZE

49,048 SF

SALE PRICE

$1,225,000

SALE PRICE

$2,695,000

LOCATION

Elk Grove Village, Cook County

LOCATION

Plainfield, Will County

CLIENT TYPE

Investment

CLIENT TYPE

Investment

1136 Garfield & 1101-1111 N. DuPage Ave. TradeTec Skyline

300-316 Gregory Ct.

Portfolio sale/leaseback of 2 industrial properties. At the time of closing, there was a 7.5% cap rate.

New, fully leased multi-tenant building. Property consists of a 25,500 SF building on 1.88 AC lot.

PROPERTY SIZE

20,000 SF / 1.4 AC

PROPERTY SIZE

25,500 SF

SALE PRICE

$7,800,000

SALE PRICE

$2,575,000

LOCATION

Lombard, DuPage County

LOCATION

Shorewood, Will County

CLIENT TYPE

Investment

CLIENT TYPE

Investment

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1049 Lily Cache Ln. - Prologis We sourced the land for development, as well as marketed and fully leased this industrial warehouse with 3 tenants for the client.

PROPERTY SIZE TENANTS

115,460 SF / 12.46 AC Prismier LLC, Hussmann Services Corporation, Alta Industrial Equipment

LOCATION

Bolingbrook, Will County

CLIENT TYPE

Industrial Developer

Chicago's industrial market continues to see record levels of demand, as an astounding 30.6 million SF of space has been absorbed over the past year.

This level of demand formation is more than 15% higher than the previous record high for Chicago of 24 million SF (set in 2004) and more than twice the average levels seen over the past five years. At the same time, leasing activity has continued at a record clip in 2021, a signal that the strong pace of absorption will continue into the near future.

Industrial transaction activity has pushed back above pre-pandemic levels As of December 2021, 12 month sales volume at a record high of $6.2 billion Cap Rates average about 8% across the metro

The continued build-out of supply chains and brisk growth in ecommerce sales in response to the pandemic has pushed industrial leasing volume to new record highs in Chicago. (Source: CoStar Group)

12 month net absorption as of December 2021 has exceeded 30.6 million SF 12 month rent growth is 7.2% on average

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Brown-Anderson Farms

PROPERTY SIZE

2,637± AC total

Multiple tracts of agricultural land throughout Douglas, Logan, Macon, McLean, Tazewell and Whiteside Counties.

SALE PRICE

$28,200,000

LOCATION

Douglas, Logan, Macon, McLean, Tazewell and Whiteside Counties

PROPERTY TYPE

Agricultural Land

80± AC on Cottage Grove Ave. Approximately 80± AC of land along Cottage Grove Ave. PI 116, zoned A-1.

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PROPERTY SIZE

80± AC

SALE PRICE

$580,000

LOCATION

Beecher Will County

PROPERTY TYPE

Agricultural Land

89± AC on Mt. Hunger Rd. Outstanding Class A soils with 138.8 average PI. Unincorporated, zoned A-1 and the western boundary borders Sycamore city limits.

66± AC Budd Rd. Yorkville, IL Highly productive soils with a 130.5 PI. Currently zoned agricultural, unincorporated Kendall County.


Agricultural Land Our Land Specialists at john greene Real Estate have extensive experience working with farm families and agricultural investors. Our comprehensive market knowledge gives us the ability to locate, negotiate, and secure land investments of all sizes for our clients.

Prime farmland in the northern-central region of Illinois posted the strongest increases in average sales prices in 2021, jumping almost 13%. Meanwhile, statewide prices were up over 7%.

PROPERTY SIZE

89.7± AC

SALE PRICE

$1,003,310

LOCATION

Sycamore Dekalb County

PROPERTY TYPE

Agricultural Land

PROPERTY SIZE

66± AC

SALE PRICE

$692,778

LOCATION

Yorkville Kendall County

PROPERTY TYPE

Agricultural Land

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Statewide, 17.4% of transactions exceeded $12,000/acre, and 6.73% of sales exceeded $14,000/acre in 2021. Farmland with high quality soil saw the biggest increases, climbing over 12% on average. (Source: AcreValue Market Report)

Sauer Family Farm Agricultural land, surrounded by residential and agricultural uses with excellent Class A soils.

YTD average sale price of agricultural land in Illinois is $8,581/acre, as of December 2021 Agricultural land value increased over 7% between 2020 and 2021 Class A and Class B soil productivities experienced the greatest price increase, observing an 8.31% and 12.68% increase, respectively

PROPERTY SIZE

379 + AC

SALE PRICE

$4,350,000

LOCATION

Sugar Grove Kane County

PROPERTY TYPE

Agricultural Land


555 Innovation Dr. & 595 Innovation Dr. Scannell Properties Our team represented the purchaser in the acquisition of the 20± AC property. Construction of Phase 1, a 250,000 SF warehouse distribution building was completed in 2020, and our team marketed and fully leased the building. Construction on Phase 2 is currently underway, with delivery expected 3rd Quarter 2022.

PROPERTY SIZE

20+ AC

SALE PRICE

$3,069,159 (Phase 2)

LOCATION

West Chicago, DuPage County

PROPERTY TYPE

Land for Industrial Development

Willow Tree Farm Property consists of multiple parcels; 8.67± AC is annexed into the Village of Plainfield, and zoned R-1 while the remaining acreage remains unincorporated and is zoned A-1.

SEC 111th St. & Essington Rd.

PROPERTY SIZE

77.3± AC

256 Weber Rd.

SALE PRICE

$11,750,000

Our team represented a residential developer in the acquisition of 77.3± AC for residential development.

LOCATION

Bolingbrook, Will County

PROPERTY TYPE

Land for Residential Development

Our team sourced the land and represented a residential developer in the transaction. The site consists of multiple adjoining parcels for future residential development.

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Development Land Our Land Development Specialists at john greene Real Estate have extensive knowledge working with investors, builders, and land developers. We understand the challenges land development can present and a proven track record for overcoming these challenges. Our team has extensive knowledge in many development areas, including industrial, retail, multi-family and residential developments.

PROPERTY SIZE

64.81± AC

SALE PRICE

$1,100,000

LOCATION

Plainfield, Will County

PROPERTY TYPE

Land for Residential Development

PROPERTY SIZE

24.04± AC

SALE PRICE

$4,300,000

LOCATION

Bolingbrook, Will County

PROPERTY TYPE 09

Land for Residential Development

Industrial construction continues to hover near all-time highs in Chicago. Given the robust pipeline, deliveries are expected to continue at an elevated pace through at least 2022. Suburban construction activity of multi-family property has been largely concentrated in the downtowns of relatively affluent townships near Metra passenger rails lines providing access to Chicago. (Source: CoStar Group)

Mound Rd. and Brush College Rd. Our team sourced the land for development and represented the purchaser in the transaction. The site will be developed into a build to suit industrial building.

Approximately 28.9 million SF are under construction for industrial properties 47.1% of Under Construction Industrial property is preleased Majority of under construction and recently delivered industrial space is in the logistics segment Majority of suburban multi-family construction has been located within walking distance of a Metra train station

PROPERTY SIZE

37.648± AC

SALE PRICE

$1,721,704

LOCATION

Decatur, Macon County

PROPERTY TYPE

Land for Industrial Development


Multi-Family Our multi-family specialists at john greene Real Estate use a collaborative approach to understand our client's business and financial objectives as they pertain to real estate needs. Our ability to deliver results has earned us our client's trust to support their real estate investments.

Clocktower Point

24203 W. Ottawa St.

3-star, multi-family apartment building, with 8

Our team represented our investor client in the

acres of fully developed land for construction.

acquisition of this 6-unit multi-family building in a residential area near downtown Plainfield.

UNIT COUNT

18 Units / 90 More Planned

UNIT COUNT

6 Units

SALE PRICE

$4,150,000

SALE PRICE

$625,000

LOCATION

Countryside, Cook County

LOCATION

Plainfield, Will County

CLIENT TYPE

Private

CLIENT TYPE

Investment

15412 S. James St.

333 S. Jefferson (Bellevue Place)

Our team was exclusively engaged to market this multi-family building for sale. The property is a 6-unit, low-rise, fully leased building located near downtown Plainfield.

Bellevue Place, a rare 15 unit luxury apartment building, is one of Batavia’s treasured historical buildings and has been on the National Register of Historical Places since 1976.

UNIT COUNT

6 Units

UNIT COUNT

15 Units

SALE PRICE

$850,000

SALE PRICE

$1,365,000

LOCATION

Plainfield, Will County

LOCATION

Batavia, Kane County

CLIENT TYPE

Investment

CLIENT TYPE

Investment

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Century Station Mixed-use building with retail/office as well as mid-rise apartments.

Chicago’s multi-family market has enjoyed a rapid pace of demand formation since the beginning of 2021. The strong year to date performance has pushed trailing 12 month absorption across the region to a new record high, a level that is nearly twice the average seen during the 5-year period preceding the pandemic. While demand formation has skyrocketed, new deliveries have slowed, allowing vacancy to drift lower than at any point in time over the past two decades. (Source: CoStar Group)

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UNIT COUNT

52 Units

SALE PRICE

$6,600,000

LOCATION

Berwyn, Cook County

CLIENT TYPE

Investment/Developer

Multi-family rents have experienced a 7.6% increase over the past year Each of the Chicago metro’s 43 submarkets have reported positive rent growth over the past year Approximately $3.8 billion in multi-family sales volume over the past 12 months


Office/Commercial The coronavirus pandemic continues to depress demand in Chicago’s office market, both in sales and leasing activity. Demand for office space has declined by approximately -5.9 million SF in Chicago over the past 12 months, pushing vacancy to a ten-year high. Looking forward, increased vaccine availability is starting to draw workers back to the office in Chicago, a trend that should strengthen in 2022. With the uncertainty that had been clouding tenants’ leasing decisions subsiding, a significant rebound in leasing activity is likely on the horizon. Industry experts are calling for demand to stabilize in Chicago over the coming quarters before rebounding sharply in 2023. (Source: CoStar Group)

15935 Route 59 Our team represented the purchaser of the property. The property consists of a 7,000 SF freestanding retail building located within an affluent, growing

Market rents have remained stable of the past year Due to the coronavirus pandemic, demand for office space has declined Industry experts forecast demand will stabilize in the coming quarters and a sharp rebound in the future

community near Plainfield’s Route 59 retail corridor. PROPERTY SIZE

7,000 SF

SALE PRICE

$1,450,000

LOCATION

Plainfield, Will County

CLIENT TYPE

Private

500 Park

1733 Park

4-star, class A office building in the Hamilton

Three story atrium office building convenient to

Lakes Business Park.

everything Naperville and I-88.

PROPERTY SIZE Bldg Total 450,614 SF / 17.97 AC

PROPERTY SIZE

34,250 SF / 1.89 AC

TENANT

Mavea, LLC

SALE PRICE

$3,137,846

LOCATION

Itasca, DuPage County

LOCATION

Naperville, DuPage County

CLIENT TYPE

Private

CLIENT TYPE

Private

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18230 S. Orland Parkway 36.86 acre University site with open land

3540 Seven Bridges Dr. Prime multi-tenant office/retail building located in the Main Street Seven Bridges center.

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PROPERTY SIZE

32,000 SF / 36.86 Total AC

SALE PRICE

$4,500,000

LOCATION

Orland Park, Cook County

CLIENT TYPE

Owner User

PROPERTY SIZE

36,733 SF

SALE PRICE

$5,500,000

LOCATION

Woodridge, DuPage County

CLIENT TYPE

Investment


Healthcare/Retail The team at john greene Real Estate provides a wealth of real estate expertise to aid our clients in making informed decisions about their property needs. Market conditions and values fluctuate greatly throughout Chicagoland, staying informed about opportunities and changes in market conditions requires the support of a strong brokerage team.

7000 Caton Farm

PROPERTY SIZE

34,396± SF

Our team marketed the medical/

SALE PRICE

$1,100,000

13600 S. Route 59

professional office building for sale.

LOCATION

Joliet, Will County

Bank building

CLIENT TYPE

Private

Building was previously used as a medical facility, with 7 separate

converted for medical/dental use.

fully built out suites and remaining raw space, ready for build out.

7600-7630 County Line Rd.

PROPERTY SIZE

14,500 SF

This portfolio consisting of two

SALE PRICE

$2,235,000

office buildings was purchased

LOCATION

Burr Ridge, DuPage County

CLIENT TYPE

Investment/Developer

with the intent to redevelop the property into a medical facility. 14

200-208 North Ave. 15,000 SF retail space within a strip center in a high-density market along North Ave. with excellent visibility.


Chicago’s retail market continues to claw its way back to health following the temporary disruption caused by the coronavirus pandemic. Demand for retail space has increased for the first three quarters in 2021, helping to push the trailing 12 month absorption in Chicago back to positive territory at 2.8 million SF, its highest level since 2017. (Source: CoStar Group) 1.4 million SF delivered since December 2020 Average Cap Rate of 7.6% over the last 12 months PROPERTY SIZE

5,000 SF / 1.43 AC

SALE PRICE

$750,000

LOCATION

Plainfield, Will County

CLIENT TYPE

Owner User

$151 psf average price over last 12 months

The current retail landscape is divided both in terms of the physical space and the retailers themselves. For example, both grocery-anchored shopping centers and standalone single-tenant properties with good local demographics have been able to maintain strong occupancies and modest pricing power in lease negotiations. On the other end of the spectrum, changing consumer preferences, coupled with the rise of ecommerce, have created disruption in the apparel and big box retail environment. PROPERTY SIZE

Center total 36,152 SF, 2.92 AC *Units sold totaled 15,000 SF

SALE PRICE

$4,100,000

LOCATION

Villa Park, DuPage County

CLIENT TYPE

Investment

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Given softening fundamentals, investors and the banks financing their acquisitions have taken a cautious approach to retail. A bright spot in the Chicago retail market has been the single-tenant net lease space, which continues to benefit from historically low interest rates and steady demand from 1031 investors. (Source: CoStar Group)


630.229.2290 1311 S. IL-59 Naperville, IL 60564 www.johngreenerealestate.com


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