Located in the epicenter of Chicago’s most exciting neighborhood – a true ‘live, work, play' location · Commercial space is 100% leased to a complementary group of diverse retail tenants · Nine unique loft apartments with below market rents on short-term leases · Located one block from both 1K Fulton (Google’s Midwest Headquarters) and McDonald's Global Headquarters · 200 feet to the CTA Morgan Green and Pink Line ‘L’ Station · Area of increasing population density with 49,434 within a 1-mile radius with an average household income of $127,000+
Investment Highlights • 100% leased neighborhood shopping center – long-term occupancy • Anchored by Discovery Clothing with co-tenancy of Starbucks (freestanding drive-thru), Athletico, T-Mobile, Little Caesars and more • All NNN leases except for Discovery Clothing (reimburses taxes only) – limited landlord responsibilities • Four recent renewals (Discovery Clothing, Starbucks, Paramount Staffing and Malincho Euro Market) and one new tenant with 1,200+ locations • Two, single-story buildings and one, freestanding outlot totaling ±34,267 square feet of rentable building area – built in 2008 • Prime location just north of the Lee and Oakton Street intersection featuring exposure to over 53,000 VPD • Population of 298,000 people within a 5-mile radius with an average household income of approximately $90,000
Investment Highlights • Asking price well below replacement cost - $33 PSF • Anchored by well performing Kohl’s (reports sales) on long-term lease until 2024 • 71% occupied with national and regional tenants including Kohl’s, True Value, Enterprise Rent-A-Car, Jimmy Johns and KFC (outlot) • Value-add opportunity to backfill former Hobby Lobby or subdivide the space • ±192,547 SF of rentable building area over 16.8 acres of land with ±827 parking spaces • Strong vehicular counts of 35,000 VPD at the Elmhurst Road (Route 83) and Dempster Street intersection • Population of 256,000+ people within a 5-miles radius with an average household income of over $88,000
Investment Highlights • Value-add retail in robust West Loop submarket • ±22,797 square feet of prime urban retail space • Carrying income from Staples of $33,980 per month through March 2017 provides cash ﬂ ow from a credit tenant • Irreplaceable location with high barriers to entry • Rare on-site parking for tenants and retail customers • Strong demographics, with best-in-market trafﬁc counts (over 39,300 VPD) • ¼ mile from the United Center and recently unveiled new Bulls practice facility and the ±190,000 square foot ofﬁce building currently under construction (Fall 2016 completion) • New CTA Bus Rapid Transit route along Ashland Avenue under consideration • Directly across from the former Salvation Army site - 5-acre full city block that is in preliminary planning for redevelopment • ¼ mile from Illinois Medical District: the State of Illinois’ largest biotechnology / medical complex consisting of 560 acres, 2,200 hospital beds; 29,230 employees and receives 75,000 visitors daily • $300-million mixed-use development has been approved for the Illinois Medical District
Value-add opportunity with over $400,000 in recent capital improvements including roof, sidewalk and facade • Asking price ($94 PSF) is well below replacement cost • 79% occupied with a variety of tenants; restaurant, retail and personal services • Excellent visibility along Elmhurst Road (Route 83) with ±281 feet of frontage • Anchored by a significant Chase Bank branch with $240 million in deposits (not included in offering) • Strong vehicular counts exceeding 51,600 VPD at the Elmhurst (Route 83) and Golf Roads intersection • Population of 270,029 people within a 5-miles radius with an average household income of $87,000+
• Rarely available development parcel in an irreplaceable location in Chicago’s Wrigleyville / Lakeview neighborhood • ±12,000 square feet of land zoned B3-2 • Transit Oriented Development (TOD) eligible site • Potential for 3.5 : 1 zoning density providing up to 42,000 buildable square feet • Countless new developments and commercial activity in the immediate area including the Addison & Clark and Hotel Zachary developments • Proximate to two CTA ‘L’ Stations - Addison Red Line (2 blocks) and Sheridan Red & Purple Line (1 block) • 1 block north of Wrigley Field
One of the largest value-add opportunities on 26th Street in Little Village • Simplicity of open layout and ±10-13 foot ceiling heights allows redesign of current space • ±18,115 SF of building area on two levels • Redevelopment opportunities include combinations of multi-level retail, residential and loft office • Second-highest-grossing shopping district in the city behind Michigan Avenue • Approximately $900 million annually • Over 1,000 businesses are located on the 2-mile stretch of 26th Street • Proximate to the CTA Central Park Pink Line ‘L’ Station and CTA #60 & #82 Bus Routes • Population of more than 80,000 people within a 1-mile radius with an average household income of $40,000+
Baum Realty Group has been exclusively retained to market for sale a RT-4 zoned development parcel in Chicago' s Bucktown / Wicker Park neighborhood located at 1428 - 1430 N. Wood Street. The ±4,713 square foot land site currently improved with two buildings. The highest and best use is to raze both buildings making it an irreplaceable location for a multifamily development.
• Vacant commercial condo with two (2) parking spaces • ±5,875 SF of completely built out office space, easy to demise into two suites with separate entrances • Private offices, bathrooms, conference rooms, reception area and 4 bathrooms • Tremendous location – 300 feet from Chicago Blue Line ‘L’ station (1.3 million passengers) • Numerous new developments and commercial activity in the immediate area – four major mixed-use projects totaling 812 apartments and 63,000 retail square footage – brings increased density • Area retail tenants include CVS, U.S. Bank, Dunkin’ Donuts, 7-Eleven, Subway, Concentra, among others • Population of 43,560 people within a 1-mile radius with an average household income of $116,000+
Investment Highlights - Turnkey office space has private offices, conference rooms, reception area, kitchen and two (2) bathrooms - ±2,229 square feet - meticulously finished space with crown molding throughout and 10’ ceiling heights - ±40 feet of frontage along vibrant Lincoln Avenue with dedicated bike lanes - Ideal for any office user looking for an immediate move - ¼ mile to the northeast is the CTA Diversey Brown & Purple Line ‘L’ Station that had a total of 1,756,860 passengers in 2016 - Estimated population of 86,654 people within a 1-mile radius with an average household income of $135,000+ - Strong vehicular counts of over 40,700 VPD at the six-way intersection of Lincoln, Diversey and Racine
Multi-tenant retail condo - 100% leased • Polish Nail Salon - 1,400 SF • Joy Cleaners - 900 SF • Proximate to the CTA Paulina Brown Line ‘L’ Station that connects Roscoe Village / Lakeview to the “Loop” CBD • Population of 54,414 people within a 1-mile radius with an average household income of $159,000+ • Strong vehicular counts of over 15,100 VPD on Belmont Avenue
Prime location with excellent visibility along 26th Street. 18,115 SF of leasable building plus usable basement with ±76 feet of frontage on 26th Street. 1st floor retail space boasts ±10-13 foot ceiling heights. 2nd floor is column free with ±12 foot ceiling heights. B3-2 Zoning with permitted uses including retail, office, day cares, restaurants, entertainments venue, among many others.