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Restaurant Opportunity at the Base of Luxury Opportunity

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Restaurant Opportunity at the Base of Luxury Opportunity RARE RETAIL/RESTAURANT OPPORTUNITY AT THE BASE OF LUXURY OPPORTUNITY Eleven33 is a mixed-use development that provides a unique opportunity for retailers and restaurant operators to secure a home in the densely populated and affluent communities of Oak Park and River Forest. The submarket, given the scarcity of quality retail space, has always provided a heightened barrier of entry for numerous retailers and restaurant operators. Given the collection of existing retailers and restaurants in the immediate retail trade area, the submarket is clearly a point of destination for many consumers. Eleven33 can provide such a home for discriminating retailers and restaurant operators. THE TRADE AREA The subject retail opportunity is centrally located within the Oak Park/River Forest submarket. The submarket is just 10 miles west from downtown Chicago and is a vibrant marketplace with a rich heritage and legacy. There is a massive collection of Frank Lloyd Wright-designed homes in the area, including the architect’s own home and studio. Oak Park is also the birthplace of Nobel Laureate and Pulitzer Prize winning author Ernest Hemingway. In contrast with other communities throughout Chicago’s suburbs, Oak Park has experienced a significant number of luxury mixed- use developments over the past few years. The surrounding retail district is a collection of eclectic boutique shops, national retailers and a varied array of full service restaurants mimicking the personality of a diverse and affluent residential base. RETAIL MAP RESTAURANT MAP 8 9 LEGEND 1. Blue Max Coffee 15. Firecakes Donuts 36 2. The Beacon Pub 16. The Little Gem Cafe 3. Goldyburgers 17. Red Mango 16 4. Panera Bread LEGEND18. Lou Malnati's Pizza 5. Noodles & Co 19. Delia’s Kitchen 1. Blue Max Coffee 15. Firecakes Donuts 6. Boston Market 20. Jerusalem Cafe Restaurant 2. The Beacon Pub 16. The Little Gem Cafe 7. Mcdonalds 21. Cafe Descartes 3. Goldyburgers 17. Red Mango 8. Mickey’s 22. Coopers Hawk 4. Panera Bread 18. Lou Malnati's Pizza 9. Dunkin Donuts 23. Five Guys 11 18 5. Noodles & Co 19. Delia’s Kitchen 17 19 20 21 22 37 38 10. Nando’s Peri-Peri 24. Sushi House 10 12 39 40 6. Boston Market 20. 11. Chipotle 25. CozyJerusalem Corner Cafe Restaurant 25 27 41 42 46 7. Mcdonalds 21. Cafe Descartes 5 23 24 26 43 44 12. Bar Louie 26. Hecho En Oak Park 4 47 45 8. Mickey’s 22. Coopers Hawk 6 13 13. Slice Factory 27. Khyber Pass 28 48 9. Dunkin Donuts 23. 14. TGIFridays 28. QBBQFive Guys 10. Nando’s Peri-Peri 24. Sushi House 11. Chipotle 25. Cozy Corner 29 49 14 15 50 12. Bar Louie 26. Hecho En Oak Park 30 13. Slice Factory 27. Khyber Pass 14. TGIFridays 28. QBBQ 51 31 32 33 7 52 1 53 54 55 35 3 34 29. Munch 51. Citrine 30. La Notte 52. Grape Leaves 2 31. Wild Onion Tied House 53. Georges Family 32. La Bella Pasteria 54. Maya Del Sol 33. Two Brothers Social Tap 55. Oak Park Brewing Company 29. Munch 51. Citrine 34. Barclays American Grille 56. Exit Strategy Brewing Co. 30. La Notte 52. Grape Leaves 35. Poor Phil's 57. Gaetano’s Restaurant 31. Wild Onion Tied House 53. Georges Family 36. Hemmingway's Bistro 58. Thai Time Restaurant 73. Petra Falafel 32. La Bella Pasteria 54. Maya Del Sol 37. Courageous Bakery 59. Shogun Sushi Grill 74. Original Pancake House 33. Two Brothers Social Tap 55. Oak Park Brewing Company 38. Papaspiros 60. Starship Catering 75. O’Sullivan’s 34. Barclays American Grille 56. Exit Strategy Brewing Co. 39. Rustico 61. Madison Park Kitchen 76. Skrine Chops 35. Poor Phil's 57. Gaetano’s Restaurant 40. Saigon Pho 62. Slainte Irish Pub 77. FatDuck Tavern 36. Hemmingway's Bistro 58. Thai Time Restaurant 73. Petra Falafel 41. Winberies 63. Scratch Kitchen 78. J&J Fish House 37. Courageous Bakery 59. Shogun Sushi Grill 74. Original Pancake House 42. Scratch On The Lake 64. Louie’s Grill 79. Parky’s Hot Dogs 38. Papaspiros 60. Starship Catering 75. O’Sullivan’s 43. Sagano Sushi 65. Francesca’s Fiore 80. Wendys 39. Rustico 61. Madison Park Kitchen 76. Skrine Chops 44. New Pot 66. Junction Diner 81. New Rebozo 40. Saigon Pho 62. Slainte Irish Pub 77. FatDuck Tavern 45. Jimmy Johns 67. Shanahan’s 82. Mama Thai 41. Winberies 63. Scratch Kitchen 78. J&J Fish House 46. Starbucks 68. aXcan Grill 83. AJ’s Grill 42. Scratch On The Lake 64. Louie’s Grill 79. Parky’s Hot Dogs 47. Brick’s Wood Fired Pizza 69. The Heritage 84. Rosati’s Pizza 43. Sagano Sushi 65. Francesca’s Fiore 80. Wendys 78 48. Il Vicolo Trattoria 70. Bua Hana 85. Robinson’s No. 1 Ribs 44. New Pot 66. Junction Diner 81. New Rebozo 49. Altiro 71. Jimmy John’s 86. Popeye’s Chicken 45. Jimmy Johns 67. Shanahan’s 82. Mama Thai 50. Cucina Paradiso 72. Cocino Lobos 87. Chicago’s Home Chicken Wafes 46. Starbucks 68. aXcan Grill 83. AJ’s Grill 47. Brick’s Wood Fired Pizza 69. The Heritage 84. Rosati’s Pizza 86 71 85 48. Il Vicolo Trattoria 70. Bua Hana62 68 85. Robinson’s No. 1 Ribs74 79 80 63 72 81 82 83 49. Altiro 59 71.61Jimmy John’s 65 6667 86. Popeye’s Chicken 50. Cucina Paradiso 72. Cocino Lobos 87. Chicago’s Home Chicken Wafes 87 73 75 76 77 84 64 69 70 56 57 58 60 THE PROJECT Eleven33 development is a transit oriented, mixed-use project located in the heart of downtown Oak Park. The building, currently under construction, will include 15,226 square feet of ground floor retail/restaurant space situated at the base of a 12-story tower to include 252 luxury residential apartments and 355 parking spaces. The west retail space, situated along Harlem Avenue, will include a gross floor area of 7,191 square feet and can be subdivided. The east retail space will include a gross floor area of 8,035 square feet situated along South Boulevard and directly opposite the Oak Park Transit Center providing ease of access to the CTA Green Line (3,244 daily riders), Metra (905 daily riders) and Pace and CTA buses. Eleven33 is surrounded by a host of nationally recognized retailers including Whole Foods, Target Express, Trader Joe’s, Old Navy, Gap, Ulta, DSW, Ann Taylor, Chipotle, Panera and a diverse collection of boutique retailers and restaurants. EAST RETAIL 11 12 13 14 15 16 27' - 6" 27' - 6" 27' - 6" 27' - 6" 21' - 1" 13' - 9" 13' - 9" 10' - 1" H 0' - 11" 0' - 11" 0' - 11" 15' - 10" 1/2" - 3 11' 16' - 7 1/2" 10' - 11 1/2" G 137' - 7" PEDESTRIAN WALKWAY - 3" CONNECTION TO RETAIL - EAST 27' MAPLE AVE. 1/2" - 0 54' 8,035 SF CLEARANCE TO LOW-POINT OF STRUCTURE: 14'-2" 9 5/8" - (ALL MEP CLEARANCES TO BE CONFIRMED IN FIELD) 2' F 1' - 2" PUBLIC ELEVATOR VESTIBULE - 0" 16' 8' - 10 1/8" ELEV. 3 2" - 1' 9 1/4" E 5 1/4" 5 1/4" - - 6' 6' 5 1/4" - 9' - 4" 11' - 1 7/8" 13' 1:12 D.2 8" - 2' D RAMP TO BACK OF HOUSE CORRIDOR & LOADING ROOM 1 8 ' - 8 " 2 7 ' - 6 " 1 1 ' - 0 " 1 1.1 2 3 3.4 "0 - '1 - "0 WEST LINE OF BUILDING ABOVE H 8" - 8' 15' - 10" 0' - 0" 0' - 0" RETAIL 3 1/2" - 6' G 47' - 3 7/8" - 3" 27' 2' - 10 3/4" F 10' - 3 3/4" 0' - 0" - 0" 16' E 2" - 4' - 4" 13' - 4" 10' 7 1/8" - D.2 5' 8" - 2' D 1/4" - 5 3/4" RETAIL 135' - 2 SERV. 20' 131 0' - 0" - 0" 0' - 0" 1:12 RETAIL - WEST 20' 10' - 2" 7,191 SF - 3" 26' CLEARANCE TO LOW-POINT OF STRUCTURE: 15'-0" RETAIL (ALL MEP CLEARANCES TO BE CONFIRMED IN FIELD) 5 1/2" TRASH - 9' 0" 132 - 5' C.1 6" - 1' C 1' - 8" 1' - 8" " - 10 18' - 0" 7' B.5 COVERED WALKWAY - 11 1/2" TO EAST LOADING ROOM 7' 0' - 0" B LINE OF BUILDING ABOVE 1/2" - 4 26' 48' - 11 1/4" A SITE PLAN PM ENTRANCE TO PARKING GARAGE SOUTH BOULEVARD 1 1.1 2 3 3.4 4 5 6 7 8 9 10 11 12 13 14 15 16 3 RETAIL-01 PM H FFE = 0'-11" G CIVIL = 50.25' FFE = 0'-0" RESIDENTIAL FFE = 0'-0" CIVIL = 49.33' AMENITY SPACE CIVIL = 49.33' RETAIL - EAST F FFE = 1'-2" E D.2 D RETAIL - FFE = 1'-8" WEST FFE = 2'-2" C.1 FFE = 1'-8" FFE = 1'-3" CIVIL = 51.50' C UE LOADING B.5 PROPERTY LINE AVEN B PRIVATE ALLEY S. HARLEM A 2 RETAIL-01 PLE AVENUE MA S. DEMOGRAPHICS 1 MILE 3 MILES 5 MILES 2017 Population - Current Year Estimate 34,307 296,424 823,807 2022 Population - Five Year Projection 34,681 299,114 832,737 2010 Population - Census 33,644 291,205 806,424 2000 Population - Census 34,226 310,519 851,099 POPULATION 2010-2017 Annual Population Growth Rate 0.27% 0.25% 0.29% 2017-2022 Annual Population Growth Rate 0.22% 0.18% 0.22% 2017 Households - Current Year Estimate 16,652 105,202 272,106 2022 Households - Five Year Projection 16,854 106,112 274,747 2010 Households - Census 16,254 103,455 266,982 2000 Households - Census 16,547 107,709 277,132 2010-2017 Annual Household Growth Rate 0.33% 0.23% 0.26% HOUSEHOLDS 2017-2022 Annual Household Growth Rate 0.24% 0.17% 0.19% 2017 Average Household Size 2.02 2.79 3.01 2017 Average Household Income $114,611 $77,054 $68,412 2022 Average Household Income $130,036 $86,369 $76,751 2017 Median Household Income $69,769 $50,298 $48,284 2022 Median Household Income $79,656 $53,227 $51,307 INCOME HOUSEHOLD 2017 Per Capita Income $56,993 $27,736 $22,869 2022 Per Capita Income $64,614 $31,024 $25,596 2017 Housing Units 17,956 117,079 303,967 2017 Vacant Housing Units 1,304 11,877 31,861 2017 Occupied Housing Units 16,653 105,202 272,106 UNITS HOUSING 2017 Owner Occupied Housing Units 8,785 52,539 138,449 2017 Renter Occupied Housing Units 7,868 52,663 133,657 2017 Population 25 and Over 25,202 194,146 527,786 HS and Associates Degrees 7,530 103,495 298,298 TION EDUCA- Bachelor’s Degree or Higher 16,837 58,312 115,086 2017 Businesses 1,802 7,673 19,367 2017 Employees 17,757 90,980 238,737 WORK PLACE LOCATOR MAP FOR MORE INFORMATION CONTACT WENDELL HOLLAN First Vice President +1 630 573 7114 [email protected] MARIO MELONE Vice President +1 630 573 7112 [email protected] Building colors are subject to change © 2018 CBRE, Inc.
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