OFFERING MEMORANDUM 3232 W

CORNER RETAIL/OFFICE | 12,000 SF , IL 60623

PRESENTED BY:

PAUL CAWTHON Vice President O: 312.676.1878 | C: 630.640.1001 [email protected]

ANGELO LABRIOLA Vice President O: 312.676.1870 | C: 708.307.7529 [email protected] TABLE OF CONTENTS

4 PROPERTY INFORMATION

Property Summary 5 Property Description 6 Property Details 7 Complete Highlights 8 Survey 9 Floor Plans 10 Additional Photos 11 Additional Photos 12

13 LOCATION INFORMATION

Regional Map 14 Location Maps 15 Aerial Maps 16

17 DEMOGRAPHICS

Demographics Map & Report 18

19 ADVISOR BIOS

SVN Real Estate Team 20 CLG Area Resume 21 The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully xe ecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 3 SECTION 1 PROPERTY INFORMATION OFFERING SUMMARY PROPERTY OVERVIEW

SALE PRICE: $795,000 2 adjacent buildings that are connected allowing for a single user or multiple tenant opportunity. The buildings feature high ceilings with some second-story office space, partial basement and parking along Sawyer Avenue and in the rear. BUILDING SIZE: 12,000 SF Great corner location for excellent street exposure with 18,400 vehicles per day passing directly in front of the building and LOT SIZE: 18,125 SF 32,900 VPD passing through the lighted intersection of Kedzie & Cermak, just east of the subject property.

PRICE / SF: $66.25 Perfect for medical, daycare, automotive and numerous other uses.

YEAR BUILT: 1950 PROPERTY HIGHLIGHTS ZONING: C1-2 • Short Walk to Kedzie Avenue CTA Pink Line

MARKET: Chicago • Corner Location

SUBMARKET: Little Village • On-Site Parking

TRAFFIC COUNT: 18,400 • Perfect for Medical, Retail, or Redevelopment • High Ceilings APN: 16-23-427-020,-021- 0000 • Excellent Street Visibility

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 5 PROPERTY DESCRIPTION 2 adjacent buildings that are connected allowing for a single user or multiple tenant opportunity. The buildings feature high ceilings with some second-story office space, partial basement and parking along Sawyer Avenue and in the rear.

Great corner location for excellent street exposure with 18,400 vehicles per day passing directly in front of the building and 32,900 VPD passing through the lighted intersection of Kedzie & Cermak, just east of the subject property.

Perfect for medical, daycare, automotive and numerous other uses.

LOCATION DESCRIPTION Located in Chicago's Little Village neighborhood on the heavily trafficked Cermak Road, just east of the lighted intersection of Cermak & Kedzie. Walking distance to the CTA Pink Line Station and approximately 33,000 vehicles per day at the lighted intersection of Kedzie Avenue & Cermak Road.

The site features easy access to I-55, I-290 and Chicago's Business District.

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 6 BUILDING INFORMATION SALE PRICE $795,000 TENANCY Multiple

LOCATION INFORMATION YEAR BUILT 1950

BUILDING NAME Corner Retail/Office | 12,000 SF FREE STANDING Yes

STREET ADDRESS 3232 W Cermak Road REAL ESTATE TAXES (2019) CITY, STATE, ZIP Chicago, IL 60623 16-23-427-021-0000 $35,281.05 COUNTY Cook 16-23-427-020-0000 $12,910.37 MARKET Chicago TOTAL REAL ESTATE TAXES $48,191.42 SUB-MARKET Little Village

PARKING & TRANSPORTATION PROPERTY INFORMATION PARKING On-Site & Street PROPERTY TYPE Retail CTA PINK LINE 0.2 Mile PROPERTY SUBTYPE Street Retail

APN # 16-23-427-020,-021-0000

LOT FRONTAGE 145 ft

LOT DEPTH 125 ft

CORNER PROPERTY Yes

TRAFFIC COUNT 18,400

TRAFFIC COUNT STREET Cermak

TRAFFIC COUNT FRONTAGE 145 ft

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 7 LOCATION INFORMATION

BUILDING NAME Corner Retail/Office | 12,000 SF

STREET ADDRESS 3232 W Cermak Road

CITY, STATE, ZIP Chicago, IL 60623

COUNTY Cook

MARKET Chicago

SUB-MARKET Little Village

SIGNAL INTERSECTION No

BUILDING INFORMATION

TENANCY Multiple

YEAR BUILT 1950

FREE STANDING No

PROPERTY HIGHLIGHTS • Short Walk to Kedzie Avenue CTA Pink Line

• Corner Location

• On-Site Parking

• Perfect for Medical, Retail or Redevelopment

• High Ceilings

• Excellent Street Visibility

• 2 Adjoined Buildings

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 8 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 9 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 10 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 11 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 12 SECTION 2 LOCATION INFORMATION Chicago, IL

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 14 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 15 CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 16 SECTION 3 DEMOGRAPHICS POPULATION 1 MILE 2 MILES 3 MILES

TOTAL POPULATION 61,736 179,866 343,080

AVERAGE AGE 27.3 27.9 28.1

AVERAGE AGE (MALE) 25.9 26.8 27.1

AVERAGE AGE (FEMALE) 29.3 29.7 29.7

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

TOTAL HOUSEHOLDS 16,482 47,397 97,207

# OF PERSONS PER HH 3.7 3.8 3.5

AVERAGE HH INCOME $39,164 $41,088 $42,302

AVERAGE HOUSE VALUE $230,438 $222,562 $237,667

* Demographic data derived from 2010 US Census

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 18 SECTION 4 ADVISOR BIOS Paul Cawthon Angelo Labriola Vice President Vice President

Paul Cawthon serves as a Vice President for SVN | Chicago Commercial. He Angelo Labriola serves as a Vice President for SVN | Chicago Commercial, specializes in multi-family, sale and leasing of retail, as well as commercial specializing in the sale of multi-family, mixed-use, development land, retail development property. The Cawthon- Labriola team are specialists in the and industrial property. The Cawthon-Labriola team are specialists in the Pilsen neighborhood, with 90+ transactions completed in the neighborhood. Pilsen neighborhood, with 90+ transactions completed in the neighborhood.

Prior to joining SVN he served as a senior commercial associate with the Prior to joining SVN he served as a commercial associate with the Chicago Chicago office of Inland Real Estate Brokerage, Inc. A business owner for office of Inland Real Estate Brokerage, Inc. During his career Labriola has over 15 years, Mr. Cawthon capitalizes on his entrepreneurial skills and won numerous real estate awards for his achievements, both in-office and MEET experience by offering his clients in-depth analysis of real estate products through the Chicago Association of Realtors. Mr Labriola & Paul Cawthon of and financial solutions for their real estate investments. During his extensive the Cawthon-Labriola group of SVN | Chicago Commercial have been ranked THE TEAM real estate career Cawthon has won numerous real estate awards for his in the top 7% of all SVN Advisors internationally in 2016, 2017, & 2018. achievements. Mr. Cawthon and Angelo Labriola of the Cawthon-Labriola Group of SVN | Chicago Commercial have been ranked in the top 7% of all Mr. Labriola has is currently a part of the Chicago Association of Realtors Biography SVN Advisors internationally in 2016, 2017 and 2018. (CAR), the Illinois Association of Realtors (IAR) and the National Association of Realtors (NAR). He earned a B.S. in Finance and a minor in Economics with Paul resides with his family in Burr Ridge and in his spare time likes to spend an emphasis in Real Estate from DePaul University in Chicago, IL. time with his wife, Reda and their two daughters, Sedona and Savanna. Mr. Labriola currently resides in Oak Park, enjoys the game of soccer, and [email protected] spends as much of his spare time as he can with his wife, two children, and 312.676.1878 his dog. [email protected] 312.676.1870

CORNER RETAIL/OFFICE | 12,000 SF 3232 W Cermak Road Chicago, IL 60623 SVN | CHICAGO COMMERCIAL 20 32 31 71 93 63 96 78 83 49 69 43 68 1 2 3 4 81 91 45 30 62 55 99 59 5 35 6 7 74 8 9 10 25 27 48 47 29 26 28 58 84 64 51 34 19 75 85 11 21 66 44 67 15 33 13 73 16 89 14 12 18 17 S Wood St 22 87 23 82 38 24 57 100 94 65 53 92 41 88 37 36 54 72 97 90 86 40 50 46 56 20 39 CLICK HERE FOR FULL RESUME OF ALL 100 DEALS ALL RESUME OF FULL HERE FOR CLICK 52 42 98 79 GO COMMERCIAL 80 CHICA 70 77 76 CAWTHON LABRIOLA GROUP LIST OF COMPLETED TRANSACTIONS

1) 1040 W 18th Street 36) 2133 W 19th Street 68) 1702 S Morgan Street 2) 1044 W 18th Street 37) 2134 W 18th Street 69) 1702 S Morgan Street (Sold 2x) 3) 1800 S Carpenter Street 38) 1854 W 18th Street 70) 2246 S Whipple Street 4) 1802 S Carpenter Street 39) 2324 W Cullerton Street 71) 2201 S 5) 1726 S Racine Avenue 40) 2214 W 21st Street 72) 1820 S Leavitt Street 6) 1812 S Throop Street 41) 2037 W 19th Street 73) 1719 W 18th Street 7) 1324 W 18th Street 42) 2435 S California Avenue 74) 1327 W 18th Street 8) 1329 W 18th Street 43) 3329 S Morgan Street 75) 1824 S Ashland Avenue (Pending) 9) 1348 W 18th Street 44) 1701 W Cullerton Street 76) 2400 S Troy (Sold 2x) 10) 1401 W 18th Street 45) 1839 S May Street 77) 2400 S Troy (Sold 2x) 11) 1640 W 18th Street 46) 3300 S Bell Avenue 78) 3132-34 S Lituanica Ave (Sold 2x) 12) 1744 W 18th Street 47) 1848 S 79) 2303 S Sacramento Blvd 13) 1727 W 18th Street 48) 1437 W Cullerton Street 80) 2353 S Whipple Street 14) 1739 W 18th Street 49) 3132-34 S Lituanica Avenue 81) 1925 S May Street 15) 1722 W 21st Street (Sold 2x) 82) 1843 W Cullerton Street 16) 1724 W 21st Street 50) 2223 W 21st Street 83) 818 W 18th Street 17) 1726 W 21st Street 51) 1520 W 18th Place 84) 1501-03 W 17th Street (Pending) 18) 1756 W 21st Place 52) 2721 W 24th Place 85) 1644 W 21st Street 19) 2121 S Ashland Avenue 53) 2018 W 21st Place 86) 2226 W Cermak Road 20) 2315 W 24th Place 54) 2401 S Leavitt Street 87) 1838 W 21st Place 21) 1644 W Cermak Road 55) 1946 S Racine Avenue 88) 2121 W 19th Street 22) 1826 W Cermak Road 56) 2235 W Cullerton Street 89) 1733 W 19th Street 23) 1840 W Cermak Road 57) 1900 W 17th St 90) 2238 W 24th Street 24) 1842 W Cermak Road 58) 1443 W 18th Street 91) 3323 S May Street 25) 1842 S Blue Island Avenue 59) 1850-54 S Racine Avenue 92) 2049 W Coulter Street 26) 1850 S Blue Island Avenue 60) 2431 S Millard Ave (Off Map) 93) 3315 S Halsted Street 27) 1852 S Blue Island Avenue (Sold 2x) 94) 2000 W 22nd Place (Pending) 28) 1860 S Blue Island Avenue 61) 2431 S Millard Ave (Off Map) 95) 3547 W 26th Street (Off Map) 29) 1862 S Blue Island Avenue (Sold 2x) 96) 1609 S Halsted Street 30) 1942 S May Street 62) 2955 S 97) 1916 S Leavitt Street (Pending) 31) 1824 S Desplaines Street 63) 2143-45 S Halsted Street 98) 2904 W 26th Street (Pending) 32) 2002 S Desplaines Street 64) 2021 S Blue Island Avenue 99) 1946 S Racine Avenue (Pending) 33) 1706 W 17th Street 65) 2001 W 18th Place (Sold 2x) 34) 1518 W 17th Street 66) 1637 W 18th Street 100) 1937 W Cermak Road (Pending) 35) 2001 S Allport Street 67) 1700 W 19th Street