Friday, May 28, 2010

Memorial Day Safety Tips

Sun Safety
Summer means fun in the sun! But be safe — don't let a heat-related illness ruin your day.

• Avoid sun exposure during the hottest hours of the sun’s rays.
• Apply sunscreen with a SPF (Sun Protection Factor) of at least 15, paying special attention to the face, nose, ears and shoulders.
• Wear a hat.
• Wear sunglasses with UV (Ultraviolet) Protection.
• Drink plenty of water and non-carbonated drinks, even if you do not feel thirsty.

Grilling Safety
• Always read the use and care manual before operating your grill.
• Never leave grill unattended when in use.
• Preheat grill to no higher than medium-high. Temperature of grill should be 400 to 450°F because high heat and excess fat can cause flare-ups.
• If flare-ups do occur, move food to a cooler spot on the grill or temporarily cut off the air supply by closing lid or shutting the air vents.
• To avoid flare-ups you should drain off excess marinade or oil before putting food on grill, trim excess fat to 1/4-inch on steaks and chops, and remove skin and excess fat from chicken pieces.
Boating Safety
Whether you're the captain of a schooner or a passenger on a ski boat, following safety guidelines ensures your safety and that of other seafarers.
• Be weather wise: Sudden wind shifts, lightning flashes and choppy water all can mean a storm is brewing. Bring a portable radio to check weather reports.
• Bring extra gear you may need: A flashlight, extra batteries, matches, a map of where you are, flares, sun tan lotion, first aid kit, extra sunglasses. Put those that need to be protected in a watertight pouch or a container that floats.
• Tell someone where you're going, who is with you, and how long you'll be away.
• Then check your boat, equipment, boat balance, engine and fuel supply before leaving.

Water Safety
The Red Cross is brimming with water safety tips to keep your family safe this summer. The most basic: Learn to swim! Take some lessons at your local pool. The best thing anyone can do to stay safe in and around the water is to learn to swim. And always swim with a buddy; never swim alone.
The American Red Cross has swimming courses for people of any age and swimming ability. To enroll in a swim course, contact your local Red Cross chapter.
• Swim in supervised areas only.
• Obey all rules and posted signs.
• Don't mix alcohol and swimming. Alcohol impairs your judgment, balance, and coordination, affects your swimming and diving skills, and reduces your body's ability to stay warm.
• Stop swimming at the first indication of bad weather.

Have a Happy Memorial Day and Stay SAFE!

Thursday, May 27, 2010

Feature Property of the Day: 2901 Stanton

FOR LEASE


2901 Stanton Ave.
Springfield IL, 62703
$800.00/ Month
Highlights:
  • Available Space: 1,200 SF
  • Zoning: (PUD) Office
  • 2nd floor office space
  • 4 spacious offices
  • 3' x 12' Storage closet
  • Back door to optional warehouse space
  • Warehouse consists of 2,475 SF
  • 14' Ceilings
  • 12' Overhead garage door
  • Warehouse rents for $800.00 separately or $1,550 for both office and warehouse
View Full Brochure and Photos



Listing Agent:
Jason M. Evers
217-899-8864 (cell)
217-787-2800 (office)
jason@naitrue.com
www.naitrue.com

Tuesday, May 25, 2010

Feature Property of the Day: 4674 Starwalt Lane

FOR SALE
4674 Starwalt Lane
Sherman IL
$499,000.00

Highlights:

  • Land Area: 16.46 Acres
  • Zoning: Agriculture
  • Currently used as: Horse training & boarding facility
  • 6,000 SF Indoor riding arena
  • 8,010 SF of stables. Capacity to stable 31 horses indoors.
  • 2,160 SF of heated stables (10 stalls)
  • Concrete Floors in stable areas
  • Outdoor riding arena and pasture
  • 12' x 18' heated and finished office
  • 14' x 16' shop/office area
  • 522 SF of tack storage
  • Restroom and laundry area
  • Entire building has been re-sheeted with new metal roof and siding
  • includes 1352 SF manufactured home on 1.26 Acres

Click here to view full brochure/photos

Listing Agent:
Jason Evers
217-899-8864 (direct)
217-787-2800 (office)
Jason@naitrue.com
www.naitrue.com




Friday, May 21, 2010

NEW LISTING

FOR SALE
525 & 529 S. Douglas
Springfield IL
$174,900
Highlights:
  • Land Area: 120 x 308 (37,149 SF)
  • Zoning: R-3
  • 2 buildings on 37,149 SF of land.
  • Duplex has been updated 1 year ago, with tenants in place.
  • Triplex is "as is" with one tenant in place.
  • Total units: Three- 2 bedroom & Two- 1 bedroom apartments.
  • Approximately total SF of apartments: 5,548 SF
  • Land is ideal for apartment development.
  • Broker Owned

Click here to view full brochure

Listing Broker
Jason M. Evers
217-899-8864 (direct)
217-787-2800 (office)
Jason@naitrue.com
www.naitrue.com


Wednesday, May 19, 2010

Feature Property of the Day: 3301 Constitution


OFFICE SPACE FOR LEASE
Westside Springfield
3301 Constitution
Springfield, IL
Highlights:
  • Space configuration currently offers 3 options.
  • Mostly open with one private office, telecom room, storage room, and rest rooms, to be installed.
  • Advantages include front and rear entrance, parking in front and rear of building, and convenient location to restaurants and office supply stores.
  • Option A Space Available: +/- 2337 SF
  • Option B Space Available: +/- 1726 SF
  • Option C Space Available: +/- 611 SF
  • Rental Rate: $14.75 Per SF
  • Rental rate is full service with the exception of janitorial services.

Click here to view brochure/photos/floor plans


Listing Agent:
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
Sam@naitrue.com
www.naitrue.com

Tuesday, May 18, 2010

Feature Property of the Day: 700 Airport Road



FOR LEASE:
700 Air Port Road
Springfield, IL

Lease Price: $8,030 Per Month



Highlights
  • Total SF: +/- 9,175 SF (See attached floor plan)
  • Zoning: Office
  • Formerly used as government offices.
  • Abundant on site parking, lawn care and snow removal provided by landlord.
  • Landlord willing to re carpet and paint interior for new tenant. Only additional expenses to tenant are utilities, janitorial services, and trash disposal.
  • Located at Springfield Abraham Lincoln Capital Airport with visibility from J. David Jones Parkway.
  • Lease incentive: Landlord will offer three months of rent abatement for a five year lease.










Click here to view full brochure


Listing Agent:

Sam Nichols
Sam@naitrue.com
217-494-0800 (direct)
217-787-2800 (office)
http://www.naitrue.com/

Friday, May 14, 2010

Commercial Real Estate Key Terms

Commercial Real Estate {CRE} - Includes construction loans, loans for non-residential property and loans for multi-family property such as condominiums.

Tier 1 Capital – A bank’s core capital. Includes equity capital and reserves and is the prime measure of a bank's financial health.

Tier 2 Capital - The second portion of the two-tier risk-based capital standard used by regulators. Includes undisclosed reserves, general loss reserves, subordinated term debt, and more.

Total Capital – Total of Tier 1 and Tier 2 capital.

FDIC – Federal Deposit Insurance Corporation. An independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions for safety and soundness.

OCC- Office of the Comptroller of the Currency. Charters, regulates, and supervises all national banks. It also supervises the federal branches and agencies of foreign banks. Comptroller of the Currency is currently John Dugan.

OTS - Office of Thrift Supervision. Supervises the national savings & loan industry.

Call Report – Quarterly financial status report filed by national banks, state member banks and insured nonmember banks

Thrift Financial Report- Quarterly financial status report filed by thrifts, also known as savings & loans.

National Bank – A banking institution chartered by the Office of the Comptroller of the Currency.

Member Bank- A bank that is a member of the Federal Reserve system.

Non-Member Bank - Commercial bank, savings bank, or savings and loan association that is not a member of the Federal Reserve system.

Receivership- A bankruptcy in which a receiver is appointed by bankruptcy courts or creditors to run the company.

Loan Underwriting - .A detailed analysis of the credit worthiness of a loan applicant prior to the granting of the loan.

Deposit Insurance Fund – A FDIC maintained insurance fund that guarantees deposits at banks and other savings institutions up to a certain amount. The insured amount currently stands at $250,000 per depositor but is scheduled to drop back to its former level of $100,000 for all accounts except IRAs in 2014.

Cost of Capital - The rate of return capital can be expected to earn if invested in a different investment with similar risk.

Depreciation - The method of distributing the cost of an asset over its useful life.

Interest Only Loan - A loan that for a set period of time the borrower pays only the interest on the principal amount, while the principal is paid at maturity.

Leverage - the use of debt to supplement an investment. Investors use leverage, or borrowed money, to increase the rate of return on an investment. Also used to describe debt.

Securitization - Aggregating debt into a pool to spread risk. Mortgages are securitized and sold to investors.

Cash Flow - A company's cash receipts minus its cash payments. Used to measure financial health.




Source: FOX Business

Thursday, May 13, 2010

Looking for Stylish Office Space? Check Out Our Feature Property of the Day!

FOR SALE
1204 S. 5th Street
Springfield, IL


List Price: $115,000
Highlights:
  • Building Size: +/- 2,700 SF
  • Land Area: +/- 8800 SF (+/- 54 ft. x +/- 163 ft.)
  • Zoning: R-5 Office
  • Formerly used as John Shafer Architectural Office- Floor Plan Attached
  • 2009 Real Estate Taxes: $3,616.22
  • Assessors Opinion of Value: $144,396
  • Six on site parking spaces plus on street parking
  • Very pretty landscaping
  • Second floor could easily be an apartment or separate tenant office space.
  • Two car garage for material or vehicular storage
  • Building condition is excellent.

To View Full Brochure/Photos/ Floor Plans Click Here


Listing Agent:

Sam Nichols

217-494-0800 (direct)

217-787-2800 (office)

Sam@naitrue.com

http://www.naitrue.com/





Tuesday, May 11, 2010

Thursday, May 6, 2010

Feature Property of the Day: 550 Pekin, Lincoln IL

For Sale or Lease
550 Pekin Street

Lincoln, IL 62656



Property Price: $125,000 (Land & Building)
Business Price: $215,000 (P&W Pool & Spa)

Highlights:

  • Zoning: Commercial
  • Total SF: 3,500 SF With An Additional 24X 24 Garage
  • Owner Willing to Lease Back
  • Excellent Location in Downtown Lincoln
  • Building Currently Houses A Retail Pool Supply Store &
    A Sound Proof Recording Studio
  • P & W Pools Currently Has 1100 Active Accounts
  • Formally Used As A Pet Store, Video Store, and Tea Room
  • 16 Spot Parking Lot

To View Full Brochure Click Here

Listing Agent:

Mark A. Hurley

217-494-2854 (direct)

217-787-2800 (office)

Mark@naitrue.com

http://www.naitrue.com/

Tuesday, May 4, 2010

Feature Property of the Day: Wabash West Business Park


LAND FOR SALE:
WABASH WEST BUSINESS PARK
* An Enterprise Zone Development






Highlights:
  • An Enterprise Zone Development
  • Save sales tax on building materials plus a portion of real estate taxes over 3 years!
  • 60% of the development SOLD!
  • Current Business Properties:
  • Yellowstone
  • Systemax Corp.
  • E.J. Welch
  • American Lung Association
  • Kulavic's Auto Body
  • Oratech
  • Southside Christian Church
  • Jennings Car Sales & Car Wash
  • Zoning: City of Springfield - B-1/ Zoning EXCEPT Lots 210, 211, 406, and 1/2 of 409 which are I-1 Zoning.
  • Lot Sizes: Lot sizes vary- purchaser may purchase single lots or a combination of lots. see brochure for lot sizes
Listing Broker:
Sam Nichols
217-494-0800 (direct)
217-787-2800 (office)
Sam@naitrue.com
http://www.naitrue.com/