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TOUHY Office Plaza Holliday Fenoglio Fowler, L.P. (“HFF”) is an Illinois licensed real estate broker EXECUTIVE SUMMARY TOUHY Office Plaza Holliday Fenoglio Fowler, L.P. (“HFF”) is pleased to present Touhy Office Plaza (the “Property”) KEY PROPERTY STATISITICS located at 5550 West Touhy Avenue in Skokie, IL, an opportunity to acquire a well maintained, Location 5550 West Touhy Avenue boutique office asset with a secure cash flow stream and significant tenant retention. Touhy Office City Skokie, IL Plaza is situated in a dense, amenity rich in-fill location and offers superb access to the Chicago Submarket North transit grid. Total Rentable Area 50,156 RSF Stories 4 Stories and Lower Level Touhy Office Plaza is a 4-story, 89.6% leased office building located on the heavily trafficked West Percent Leased 89.6% Touhy Avenue, sitting at the epicenter of a thriving retail corridor. The Property is in close proximity Weighted Average Lease Term 4.8 Years to multiple retail and entertainment centers, such as Village Crossing and Pointe Plaza, anchored Date Completed/Renovated 1986 by brands names such as Dick's Sporting Goods, Fresh Farms and AMC Theatres. Village Crossing, Average Floor Plates 12,500 RSF developed in 2002, and Pointe Plaza, developed in 1999, are 92% occupied retail centers that total Site Area 2.21 Acres over 640,000 square feet of retail space. Both of these popular retail centers were developed as part Finished Ceiling Height 8'5'' of the on-going conversion the west end of Skokie has experienced from light industrial to commercial Parking 180 Parking Spaces; 3.6 / 1,000 SF Ratio and retail use. The recent development of three retail structures adjacent to Touhy Office Plaza, home to Panera Bread, Goodwill and MOD Pizza, further speaks to this ongoing transformation. Being at UNIQUE OPPORTUNITY the epicenter of one of Skokie's main retail corridors allows the Property to establish a recognizable presence among tenants, visitors and residents. Additionally, Touhy Office Plaza is just minutes west of Interstate-94, the main expressway from Strategic North Reliable Cash Flow Stream the City of Chicago to the Northern Chicago suburbs. The Northern Chicago suburbs or more Shore Location commonly referred to as the North Shore, includes Chicago's most affluent communities. The North Shore is home to executives and entrepreneurs, which drives the strength of the office demand in this submarket and more specifically, tenant demand at Touhy Office Plaza. The Property is situated just 7 minutes from the Oakton CTA Yellow Line stop, which provides convenient access to some of Notable Tenant Retention Long Term Residual Value Chicago's most sought after residential neighborhoods and to Chicago's Central Business District, the Loop. The Pace 290, 410 and 411 bus stops are also located directly in front of the Property on Touhy Avenue. This public transit connectivity coupled with the convenient access to Interstate-94 positions Skokie, the first suburb outside the Chicago city limits, as a highly accessible office Strong Retail Corridor Minutes from market. The exceptional combination of a strategic location and built in tenant demand positions Executive Housing the Property as a stable office investment with significant long term residual value. 2 TOUHY Office Plaza SIGNIFICANT TENANT RETENTION Touhy Office Plaza includes 13 tenants from diverse industries, many of TENANT SIZE (RSF) TENANT SINCE EXPIRATION LEASE TERM which have called the Property home for over 10 years. Over the past 24 30 YEAR CLUB months, 50% of the tenancy at Touhy Office Plaza has either renewed or First Financial Credit Union 2,845 February-92 July-23 31.9 Yrs executed new leases, including significant tenants such as First Financial JPMorgan Chase Bank 4,535 November-96 November-26 30.4 Yrs Credit Union and Manny Gutterman & Associates. Nearly 35,000 RSF or 70% of the current tenancy has on average been leasing office space 20 YEAR CLUB Dunn Solutions Group 7,082 January-98 January-19 21.3 Yrs at the Property for an impressive 22 years, as indicated by the table Manny Gutterman & Associates 7,238 April-00 July-22 22.6 Yrs to the right. Of these notable tenants, First Financial Credit Union and JPMorgan Chase Bank have lease terms for over 30 years. 15 YEAR CLUB Kipnis, Rosen & Bloom 5,067 August-02 July-21 19.2 Yrs Touhy Office Plaza boasts a 4.8 year weighted average lease term from Wayne Messmer & Associates 4,085 November-04 January-20 15.4 Yrs an extremely loyal tenant base allowing investor's to benefit from a stable Les Turner ALS Foundation 3,704 December-06 March-23 16.5 Yrs Total / Average 34,556 22.1 Yrs cash flow stream. Furthermore, a balanced rollover profile mitigates any near term concerns regarding income uncertainty and the need to RENEWING TENANTS invest in significant releasing costs. The in-place income stream from TENANT SIZE (RSF) RENEWAL DATE EXTENSION a diversified tenant roster establishes the Property as a secure office investment in a thriving market. 5 Year Extension from January Wayne Messer & Associates 4,085 Jan-15 2015 to January 2020 7 Year Extension from July First Financial Credit Union 2,845 Mar-16 2016 to July 2023 4.25 Year Extension from Manny Gutterman & Associates 7,238 Apr-16 March 2017 to July 2022 6 Year Extension from April Les Turner ALS Foundation 3,704 Oct-16 2017 to March 2023 3 TOUHY Office Plaza UNRIVALED AMENITY BASE Touhy Office Plaza offers an in-fill location that provides tenants with unsurpassed amenities – convenient access to major highways, shopping hubs, entertainment and dining options in close proximity, and most importantly, accessibility to decision makers. The Property is an ideal corporate setting for all users due to its tremendous access to the surrounding amenities and affluent North Shore communities. The immediate area is flush with retail centers including Village Crossing and Pointe Plaza, which include brand name retail and dining options such as Bed, Bath & Beyond, Fresh Farms, Barnes & Noble, Outback Steakhouse and Noodles & Company, along with the AMC Village Showplace movie theater. As aforementioned, Touhy Avenue has experienced a tremendous transformation over the last 15 years from an industrial corridor to a robust commercial and retail corridor. The East-West Touhy Avenue corridor is home to over 450 business and generates over $325 million in retail sales annually. This transformation is further evidenced by the recent redevelopment of 5500-5520 West Touhy Avenue from a flex office and industrial park to a retail center, which now includes tenants such as a drive-thru Panera Bread Cafe and MOD Pizza. The Skokie Village Board has been supportive of this conversion and has granted developers the necessary zoning changes required. Being at the epicenter of this strong retail corridor allows the Property extreme visibility for visitors to these retail centers and creates a local presence amongst Skokie residents, while offering tenants with a superb retail amenity package. Touhy Office Plaza also benefits from natural synergies such as increased demand for office space from service providing firms and demand from new firms to the market seeking a vibrant, suburban location. Touhy Avenue 10 minutes north to Westfield Old Orchard Shopping Center I-94 on/o ramp 4-way 10 minutes east to Lincolnwood Town Center Interchange 94 94 Niles Center Road Skokie Police Department Saul Sibler Memorial Library Carpenter Road OUHY Touhy Avenue T Bike Office Plaza Route Village Crossing Central Avenue Developed: 2002 Size: 448,980 SF Occupancy: 90% 20 minutes Pointe Plaza Ownership: DDR Developed: 1999 south to Size: 193,011 SF Occupancy: 97% Downtown Chicago Ownership: Stockbridge Touhy Avenue 4 Skokie Hwy LAKE FOREST Deerpath Rd Sheridan Rd Kennedy Rd Westleigh Rd Everett Rd S Waukegan Rd Ridge Rd Skokie Valley Rd Telegraph Rd Half Day Rd TOUHY METRA MILWAUKEE NORTH HIGHLAND PARK Office Plaza 94 Green Bay Rd Not only does the Property offer immediate access to a rich amenityDEERFIELD base, but is also conveniently located within a few miles of many popular retail outlets found in the Northern suburbs, such as the Westfield Old Orchard Mall, the Downtown Evanston retailDeerfield corridor, Rd the41 Lincolnwood Town Center and the Golf Mill Shopping Center. The Westfield Old Orchard Mall, which is under 5 miles north of the Property, is one of the Midwest’s most celebrated shopping malls with over 140 stores, such as Bloomingdales, Lord and Taylor, Macy’s and Nordstrom. Lake Cook Rd LAKE COUNTY COOK COUNTY NORTH SUBURBAN RETAIL OUTLETS Sheridan Rd Dundee Rd Sanders Rd Skokie Blvd NORTHBROOK Glencoe Rd EAST-WEST TOUHY GolfWalters Mill Ave Shopping Center Westfield Old Orchard WINNETKA Sunset Ridge Rd AVENUE ECONOMIC Pfingsten Rd Waukegan Rd Shermer Rd CORRIDOR Tower Rd 94 Hibbard Rd Willow Rd METRA UNION PACIFIC NORTH Downtown Evanston # BUSINESSES: Willow Rd 294 Winnetka Rd 457 (RETAIL/RESTAURANT: 118) Lehign Ave Lake Ave WILMETTE E Lake Ave Hunter Rd # WORKERS: Harms Rd Green Bay Rd GLENVIEW Central Rd Rd Waukegan 7,849 Central St Old Orchard Rd SIMPLE FRESH AMERICAN DINING METRA NORTH CENTRAL SERVICE EVANSTON Golf Rd Golf Rd CTA PURPLE LINE Harlem Ave Lake Michigan McCormick Blvd ANNUAL RETAIL POTENTIAL Miss Elley's Deli Blvd Skokie Emerson St Rand Rd 294 (DEMAND): Greenwood Ave SKOKIE Lincolnwood Town Center N Shermer Rd W Dempster St Dempster St Ridge Ave Crawford Ave Milwaukee Ave $56.42 MILLION Oakton-Skokie METRA UNION PACIFIC NORTHWEST CTA Stop Oakton St Oakton St CTA YELLOOW LINE Northwest Hwy Asbury Ave CTA RED LINE Mannheim Rd ANNUAL RETAIL SALES NILES 94 (SUPPLY): W Touhy Ave W Touhy Ave To Downtown Chicago $326.46 MILLION TOUHY OfficeW Plaza Devon Ave Source: Village of Skokie, 2015 5 TOUHY Office Plaza UPSIDE POTENTIAL THROUGH RETAIL REDEVELOPMENT Touhy Office Plaza presents a unique opportunity for a potential retail redevelopment on the existing site, which is 96,481 square feet.
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  • Illinois Department of Public Health Division of Health Care Facilities and Programs Health Facilities Directory Home Health Agency

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    Illinois Department of Public Health Division of Health Care Facilities and Programs Health Facilities Directory Home Health Agency Facility Name Facility Address City County Zip Contact Person Phone # License # 1st Assist Home Healthcare, LLC 1019 W. Wise Rd., Ste. 200 Schaumburg Cook 60193 Pamela Canete (630) 339-3688 1010496 1st Choice Home Health Agency, Inc 7254 W. Benton Drive Frankfort Will 60423 Edward Assam (815) 464-9980 1011184 1st Family Home Healthcare, Inc. 666 Russell Court, Ste 308 Woodstock Mc Henry 60098 Ramon Sagrado (815) 337-4240 1011088 1st Home Healthcare, Inc. 5875 N. Lincoln Ave., Ste 229 Chicago Cook 60659 Joseph D. de la Cruz (773) 275-7935 1010441 24/Seven Health Care Services, Inc. 3318 W. Peterson Ave. Chicago Cook 60659 Lourdes Redoble (773) 463-3755 1011165 3 Angels Home Health 8700 N. Waukegan Rd., Ste 224 Morton Grove Cook 60053 Farhan Siddiqui (847) 581-1400 1010960 4 Seasons Home Healthcare Services Corporation 2015 S. Arlington Hghts Rd, Ste 102 Arlington Heights Cook 60005 Alberto V. Jovellanos (847) 357-8008 1011478 5 Star Healthcare, Inc. 1974 Miner Street, 1st Floor Des Plaines Cook 60016 Vincente Cabrera (847) 257-0130 1010292 A & S Home Healthcare, Inc. 6900 Main Street, Ste. 200 Downers Grove Du Page 60516 Sultan Surti (630) 964-6100 1010705 A & Z Home Health Care, Inc. 3232 Ridge Road, Ste. 1 Lansing Cook 60438 Patricia Omorogbe (708) 418-1608 1010566 A Plus Home Health Care Corporation 7906 South Crandon Avenue, #7 Chicago Cook 60616 Anman Ubir (773) 793-4527 1010978 A Touch From Above, Corp. 3729 Chicago Road Steger Will 60475 Ellen Cajayon-Tucker (708) 833-8643 1010893 A2Z Healthcare Services, LLC 15347 70th Court Orland Park Cook 60462 LaShonda Crockett (708) 332-9070 1011069 Aaron Nursing Services, Inc.