Confi dential Offering Memorandum 1000 W. Washington Boulevard | Chicago, IL 60607 OFFERED BY: Danny Spitz Greg Dietz Michael Sieber Managing Director Managing Director Associate 312.275.3139 312.275.3125 312.275.3127
[email protected] [email protected] [email protected] BAUM REALTY GROUP, LLC ∙ 1030 W. CHICAGO AVENUE, SUITE 200 ∙ CHICAGO, IL 60642 ∙ 312.666.3000 ∙ WWW.BAUMREALTY.COM 1000 W. Washington Boulevard ∙ Chicago, IL Table of Contents SECTION I. EXECUTIVE SUMMARY ·Offering Summary · Investment Highlights ·Investment Summary SECTION II. THE PROPERTY ·Property Description ·Tenant Information ·Property Photographs ·Floorplan SECTION III. FINANCIAL ANALYSIS · Operating Proforma – In-Place ·In-Place Rent Roll SECTION IV. THE MARKET ·West Loop Market Overview ·Explosive Growth · History of the West Loop · Chicago Overview · Market Aerial Broad View ·Market Aerial Map ·Parcel Aerial Map SECTION V. DEMOGRAPHICS ·Demographic Ring Map ·Demographic Statistics CONFIDENTIALLY DISCLOSURE 2 | CONFIDENTIAL OFFERING MEMORANDUM SECTION I. Executive Summary CONFIDENTIAL OFFERING MEMORANDUM 1000 W. Washington Boulevard ∙ Chicago, IL Executive Summary The rarely available West Loop retail assemblage is bounded by three streets; Washington Boulevard, Morgan Street and Carpenter Street. The property is located 2 blocks from the Morgan Street CTA ‘L’ station and situated one block between Randolph and Madison Streets, which are home to the West Loop’s dining and nightlife. 1000 W. Washington Lofts is a six-story, 180-unit loft condominium building that features timber loft ceilings, hardwood fl oors and private balconies. The West Loop has undergone a tremendous transformation in the last ten years, transitioning from its industrial and manufacturing past to a vibrant 24-hour destination.