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37 ACRE PROPERTY LOCATED on the SHORES of LAKE MICHIGAN E a S T a N D W E S T O F P a T T E N R O a D H Ighland P Ark and H Igh W Ood , I Llinois

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37 ACRE PROPERTY LOCATED on the SHORES of LAKE MICHIGAN E a S T a N D W E S T O F P a T T E N R O a D H Ighland P Ark and H Igh W Ood , I Llinois Brokerage | :: OFFERING MEMORANDUM Land Services Group Land Services Group ±37 ACRE PROPERTY LOCATED ON THE SHORES OF LAKE MICHIGAN E AST AND W E ST OF P ATT E N R OAD H ighland P ark and H igh W ood , I llinois :: INVESTMENT OPPORTUNITY HIGHLAND PARK AND HIGHWOOD - ±37 ACRES HIGHLAND PARK TABLE OF CONTENTS Executive Summary 3 The Offering ...........................................4 ALTA/ACSM Land Title Survey ..................5 Existing Utility Conditions ........................6 Area Location Map.................................. 7 Chicagoland Location Map .....................8 Aerial Photograph ...................................9 Market Overview 10 Area Highlights ..................................... 11 Highland Park ......................................12 Highwood ............................................13 | Fort Sheridan ........................................14 Demographic Snapshot .........................15 TABLE OF CONTENTS TABLE The Property 16 Aerial Location Aerials ......................17-18 Exhibits 19 Concept Plan ........................................20 Traditional Single Family ........................ 21 Neotraditional Single Family..................22 Traditional Single Family ........................23 Appendix 24 Exclusive Agents....................................25 2 HIGHLAND PARK AND HIGHWOOD - ±37 ACRES HIGHLAND PARK | E XECUTIVE SUMMARY Executive Summary The Offering ALTA/ACSM Land Title Survey Existing Utility Conditions Chicagoland Location Map Aerial Photograph 3 EXECUTIVE SUMMARY The Offering CBRE is pleased to offer the exclusive agency for a +37 acre property formerly used as military housing located just south of Fort Sheridan, east and west of Patten Road in the Highland Park and Highwood planning areas. Offering an unprecedented 1,100 feet of frontage on Lake Michigan, this property boasts plenty of natural beauty and is located amidst some of the most affluent cities in the Midwest including Lake Forest and Highland Park. This rare parcel is beautifully treed with fantastic Lake Michigan views, which lends itself to a number of uses including residential development, hotel and resort development, a senior focused development or an exclusive private residence. Acres, Price, Use, Utilities ACRES ±37 Acres OFFERING PRICE $25,000,000 PROPERTY USE Residential and Commercial Development UTILITIES Sewer, water & all utilities to site 4 EXECUTIVE SUMMARY ALTA/ACSM Land Title Survey 5 EXECUTIVE SUMMARY Existing Utility Conditions 6 EXECUTIVE SUMMARY Area Location Map 7 HIGHLAND PARK AND HIGHWOOD - ±37 ACRES | Chicagoland Location Map 8 HIGHLAND PARK AND HIGHWOOD - ±37 ACRES | Aerial Photograph 9 HIGHLAND PARK AND HIGHWOOD - ±37 ACRES HIGHLAND PARK | MARKET OVERVIEW Market Overview Area Highlights Highland Park Highwood Fort Sheridan Demographics 10 MARKET OVERVIEW Area Highlights • Highland Park and Highwood have multiple attractions including downtown shopping and entertainment districts. • Ravinia Festival, summer home of Chicago Symphony Orchestra. • Multiple art and seasonal festivals. • Evening Gourmet Farmers Markets hosted in downtown Highwood weekly in the summer. • Home of Midwest Young Artists a renowned not-for-profit music school. • Numerous homes designed by prominent architects including Frank Lloyd Wright, Howard Van Doren Shaw, David Adler, John S. Van Bergen and Robert E. Seyfarth to name a few, as well as several parks designed by acclaimed Landscape Architect Jens Jenson. • Property is within short and convenient walking distance to multiple Metra Stations. Attribution: Krystyna Cygielska http://en.wikipedia.org/wiki/File • Property is served by award winning North Shore School Districts 112 and Township High School District 113. • Sewer, water and all utilities stubbed to site. • Close proximity to acclaimed restaurants, shopping, and numerous recreational and cultural facilities. • Convenient Access to Interstate Highways and Rail Transportation. • An abundance of recreational amenities, together with neighborhood parks, walking and biking trails, work to create a village-wide sense of community. 11 MARKET OVERVIEW City of Highland Park Highland Park is geographically situated along five Lake Michigan. The community enjoys an indoor ice miles of beautiful Lake Michigan shoreline, just 26 rink facility, many excellent tennis courts, and racquet miles north of downtown Chicago. Highland Park is ball courts, as well as the beautiful 96 acre Heller a vigorous community that offers an unusual wealth Nature Preserve. of beautiful parks, recreation facilities, and individual Orientation centers for youth and seniors. Its lovely homes range in style from Frank Lloyd Wright to classic Victorian. There is a strong and positive relationship of house to street. Builders have been encouraged to build to A richness of history and culture come together in the street setback line and orient front doors toward Highland Park’s internationally acclaimed Ravinia the street to enclose the street space and encourage Festival, where the world’s great artists of music, pedestrian street activity. Garages have been rear- dance, and theater perform each summer. loaded, side-loaded or setback so garage doors are less visible. Nationally and regionally honored schools and an impressive library offering more than 190,000 Park District volumes and 14,000 audiovisual materials provide The Park District of Highland Park, founded in 1909, residents quality educational and cultural resources. operates and manages over 650 acres of land in Churches and synagogues represent major religious 44 park areas, and offers approximately 3,000 denominations. Expert medical care is available at recreation and seasonal programs. Facilities include the 325-bed Highland Park Hospital. The downtown an indoor ice arena, tennis and racquetball complex, business district, a focal point for shoppers, has won two recreation centers, a nature center, an 18-hole many awards for its creative design. Two additional golf course, driving range, adventure golf, aqua shopping areas and various convenience outlets park, indoor pool, beaches, boat launch ramp and serve the city’s shopping needs. yacht club on Lake Michigan. This All America City has received two national Area Entertainment volunteerism awards, earned a Presidential award Highland Park is home to the Ravinia Festival, for excellence in education, has twenty-seven times which has been attracting music lovers since 1899. been cited as a Tree City, USA, and has received More than 500,000 people attend the festival’s gold medals for its Park District. An atmosphere of summer programs, running from early May until late community pride is created by involved residents. The September each year. Park District of Highland Park maintains about 600 Information obtained from the City of Highland Park Website: http://www.cityhpil.com/ Attribution: Jeremy Atherton acres of parklands, including three parks located on http://commons.wikimedia.org/wiki/ 12 MARKET OVERVIEW City of Highwood The population of Highwood was reported to Also adding to the location’s appeal is the Open- Metra commuter trains run from Kenosha, Wis- be 4,143 according to the 2000 Census, with a lands’ Fort Sheridan Lakefront Preserve, which has consin to Chicago, Illinois over twenty times a day median household income of $42,993. Of all of been dedicated to restoring the bluffs and ravines with nearby train stations located in Highwood, Fort the North Shore lake front communities, Highwood along Fort Sheridan’s shoreline. This organization Sheridan and Highland Park. The express train from has consistently offered a lower priced housing has protected the open areas within Fort Sheridan, Highwood to Chicago takes only thirty minutes. stock than its neighbors, although that has rapidly and ensured the public can enjoy this environmen- Highwood is easily accessible via IL Route 22, IL changed with the redevelopment of Fort Sheridan. tally rich area along Lake Michigan. Route 131 and U.S. Route 41. Currently, its housing prices are on the rise, boosted by the 550 unit new residential units developed in Education Recreation Fort Sheridan, which is partially located in Highland North Shore Elementary School District #112, Highwood benefits from its close proximity to many Park and partially located in Highwood. which includes Oak Terrace Elementary School, Elm recreational and cultural facilities. With over five miles Place Middle School, Edgewood Middle School and Highwood has long been known for its excellent of Lake Michigan shoreline, Highwood’s neighbor, Northwood Junior High School, serves Highwood. and abundant supply of restaurants. While its retail Highland Park has three parks located along Lake Highland Park High School offers secondary educa- amenities are more modest, its restaurants are widely Michigan. During the summer months, the North tion to Highwood residents. One parochial school is acclaimed and draw a large clientele from the sur- Shore becomes a midwestern recreational hub. The also located within the city. rounding area. Many of these restaurants consistently public beaches are open from Memorial Day to Labor make the lists of the best restaurants in Chicago, in- Day and are carefully maintained. Water-lovers of all Highwood/Highland Park provides excellent aca- cluding Carlos’ and Gabriel’s. Recent improvements ages enjoy volleyball, windsurfing, swimming, sun- demic options for its residents. The percentage of to the streetscape in the retail district included bury- bathing,
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