ORCHARD ROAD & INDIAN TRAIL AURORA, IL

A 19.25 Acre Mixed Use and Multifamily Zoned Development Indian Trail Rd Lot 8 (B2) 88 Greenfield Dr Greenfield Rasmussen College

Home Depot IL Mathematics & Lot 10 Science Museum Stonebridge Country Club (R5A) Orchard Rd Orchard SUBJECT Indian Trail Rd Park District

Orchard Valley Golf Course

Meijer W Galens Blvd

Orchard Rd Orchard Downtwon Aurora Fox Valley Mall

59 Aurora Country Club

Bill Montana Chris Sackley Greystone Real Estate Advisors, Inc. Managing Director Managing Director 233 S. Wacker Drive, Suite 8400 312.283.8076 312.283.8077 , IL 60606 [email protected] [email protected] 312.283.8076 www.greycoadvisors.com Where People Matter AURORA LAND DEVELOPMENT 2

EXECUTIVE SUMMARY

Executive Summary Greystone Real Estate Advisors is pleased to present the Asking Price: $7,500,000 exclusive offering of two, fully improved mixed-use and Size (Acres): 19.25 multifamily-zoned vacant lots located just east of the intersection Size (Sq. Ft.) 838,538 of Orchard Road and Indian Trail in Aurora, . Price / Buildable Acre: $389,610 Price / Buidable Sq. Ft.: $8.94 The mixed-use (B2 Zoning) lot offers high visibility with frontage Potential Gross Building / FAR Calculation: 1,143,755 on Indian Trail and a daily vehicular traffic count of 30,000. The Price / Floor Area Ratio: $6.56 adjacent multifamily (R5A zoning) lot is located to the south with access from Greenfield Drive. The multifamily lot offers a tranquil/ 2016 Payable 2017 Real Estate Taxes: $5,855 residential location with the ability to build next to a 19-acre retention pond. THE SELLER IS OPEN TO SELLING THE LOTS SEPARATELY AND OR TO A JOINT VENTURE. THE The lots are just minutes away from employment centers and LOTS ARE OFFERED AS FREE AND CLEAR. numerus shopping and recreational destinations. The Orchard Road and Interstate-88 full interchange is less than a mile to FOR MORE INFORMATION PLEASE CONTACT the north. Bill Montana Chris Sackley 312.283.8076 312.283.8077 [email protected] [email protected] AURORA LAND DEVELOPMENT 3

OPPORTUNITY HIGHLIGHTS

Highlights

■■ Fully improved with paved road access, utilities and storm-water ■■ Ideally located near retail and transportation arteries including a retention at site full interchange to I-88 less than a mile to the north

■■ B2 zoned parcel offers excellent visibility with 630 feet of frontage ■■ A short distance to major employment centers including on Indian Trail Illinois Technology and Research Corridor along the I-88 East-West Tollway ■■ 30,000 vehicular traffic daily at the intersection of Orchard Road and Indian Trail ■■ 2010 U.S. Census ranked Aurora the second most populous city in the state ■■ Full stoplight intersection at north end of property (Indian Trial and Greenfield Drive) AURORA LAND DEVELOPMENT 4

LOCATION DETAILS

Site Details City of Aurora

■■ The Offering consists of two lots totaling 838,538 Sq.Ft. or Located forty miles west of Chicago, Aurora (“City of Lights”) is 19.25 acres the second largest city in the state of Illinois, with a population of 200,661 residents. The city spans four counties (Kane, DuPage, ■■ Lot 8 is 12.243 acres (533,305 Sq.Ft.) and is zoned B2 allowing Kendall and Will), and is accessible through five interchanges on the mixed-use, retail / multifamily development opportunity with a East/West Tollway. Aurora is on the border of the Illinois Technology Floor Area Ratio (FAR) of 1 and Research Corridor along the I-88 East-West Tollway. The area has 40 million square feet of office space and offers significant ■■ Lot 10 is 7.007 acres (305,225 Sq.Ft.) and is zoned R5A. Zoning employment centers. allows for a midrise multifamily development with an FAR of 2 Kane County, where the property is located, has experienced a ■■ Both lots are located within Ward #5 and are served by Hall population growth of 28 percent over the past decade, and currently Elementary, Jefferson Middle School, and West Aurora stands at approximately 531,715 people. The overall Greater Aurora High School area is one of the fastest growing regions in the Midwest.

■■ Subject to Declaration of Easement and Maintenance for Storm Downtown Aurora, located along the Fox River, is home to extensive Water and Center Access Road shopping dining and entertainment options, including the Paramount Theatre and Hollywood Casino. Other popular destinations in Aurora ■■ County: Kane include the 1.4 million square foot Westfield Fox Valley Mall and the Chicago Premium Outlets with 120 designer and name brand outlet ■■ Real Estate Tax #’s: 15-18-101-029, 033 stores.

The top four employers in the city are Rush—Copley Medical Center, West Aurora Public School District 129, East Aurora Public School District 131, and Provena Mercy Medical Center.