LEASE BROCHURE Property Summary

DRENDEL COMMONS

2577 OGDEN AVE DOWNERS GROVE, IL 60515

Lorile Herlihy Senior Advisor 312.529.5794 [email protected] Leslie Karr Vice President 312.529.5792 [email protected]

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 LEASE BROCHURE Property Summary

OFFERING SUMMARY PROPERTY OVERVIEW

Lease Rate: $18.00 SF/yr (NNN) Hertz anchored center on busy Ogden Avenue with multiple available units in a well-maintained building. There are opportunities to lease a second generation hair salon and restaurant as well as three nice suites perfect for Building Size: 11,919 SF retail or service uses. Easy access to I-355 is a plus as well as the large office tower across the street. Available SF: 1,146 - 1,600 SF PROPERTY HIGHLIGHTS Lot Size: 11,919 SF • Located on Busy Ogden Avenue (34,000 VPD) Zoning: C-Commercial • Well Maintained Building Submarket: I-88 Corridor • 2nd Generation Salon & Restaurant Available

• Easy Access to I-355

• Office Tower Across the Street

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The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated. Additional Photos

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POPULATION 1 MILE 3 MILES 5 MILES

Total population 4,592 73,082 257,376

Median age 44.0 42.0 39.2

Median age (Male) 42.1 40.4 37.5

Median age (Female) 45.2 43.3 40.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 2,214 30,147 102,713

# of persons per HH 2.1 2.4 2.5

Average HH income $74,885 $103,589 $100,262

Average house value $459,019 $367,141 $374,374

* Demographic data derived from 2010 US Census

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LORILE HERLIHY

Senior Advisor

[email protected] Direct: 312.529.5794 | Cell: 773.842.0907

PROFESSIONAL BACKGROUND As Senior Advisor with over twenty years of real estate experience on the landlord side, Lorile Herlihy implements her contacts and expertise to further arm the restaurant and retail brokerage teams. Having leased dozens of regional enclosed malls from coast to coast, from struggling centers to A class ground up developments, Lorile has worked with many national and local retailers to fill the assets and to satisfy the needs of the investors. Prior to SVN, Lorile served as Senior Vice President for Bucksbaum Retail Properties in Chicago, IL where she was responsible for all leasing and development projects such as NEWCITY and Addison & Clark, Chicago, IL. Previously, Herlihy worked for developers and mall owners such as McCaffery Interests, Equity Properties, Heitman Properties and General Growth Properties.

Lorile, with her son and daughter, live in Lakeview.

EDUCATION University of Illinois, Bachelor of Science, Fashion Design, Urbana, IL FIDM, Los Angeles, CA, Certificate of Designation, Apparel Design

MEMBERSHIPS Member, ICSC Managing Brokers License, IL SVN | Chicago Commercial 940 West Adams Street, Suite 200 Chicago, IL 60607 312.676.1866

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LESLIE KARR

Vice President

[email protected] Direct: 312.529.5792 | Cell: 312.636.4764

PROFESSIONAL BACKGROUND Leslie Karr is a vice president with SVN Chicago Commercial with over 20 years of retail real estate experience. Ms. Karr previously held positions at Cornerstone Commercial, Newmark Knight Frank, CB Richard Ellis, Northern Realty Group, and MCL Companies.

Recent tenant clients include Habit Burger Grill/Tremendous Brands, Pearle Vision, Natuzzi, Great Play, Peloton Cycle, Francesca Restaurant Group, Duchamp London, Sandbox Industries, Gage Restaurant Group, and See Optical. Landlord representation includes CBS Chicago, Madison Capital, Mark Goodman & Associates, Ricker Murphy Development/MB Real Estate, Pauls Corporation, Hyatt, Renaissance Hotels, and Crowne Plaza.

Ms. Karr also consults privately to developers, family trusts, other property owners, and real estate investors on retail development and integration for mixed use, hospitality, and transportation projects on a national scope.

She specializes in site selection for the development and implementation of retail tenants’ expansion strategies. She represents developers and owners of high-density, mixed-use properties in downtown Chicago and suburban central business districts.

Ms. Karr has completed transactions totaling nearly one million square feet in high-profile urban retail developments including River East Center, Piper’s Alley, Old Town Square, Clybourn Square and Lakewood Commons, including a 100,000 square foot AMC Theatres facility. Her institutional client list includes the General Electric Pension Fund, Silverpeak Real Estate Partners, Waterton Assoc./CalSTRS, Kennedy Associates, and Apollo Real Estate Advisors.

SVN | Chicago Commercial Ms. Karr has exclusively represented national companies, including Viacom and ABN AMRO in the disposition of excess retail property. She has completed more than 500 940 West Adams Street, Suite 200 retail transactions during her career. Her successful leasing assignments includeChicago, the commercialIL 60607 components of The John Hancock Center, Citigroup Center/Metra Station, Sears Tower, One Magnificent Mile at 980 North Michigan Avenue, the Gage312.676.1866 Building on Michigan Avenue, Block 37, and Deerfield Village Centre, the mixed-usedowntown revitalization of an upscale Chicago suburb.

ACHIEVEMENTS AND INVOLVEMENT DRENDEL COMMONS | 2577 OGDEN AVE DOWNERS GROVE, IL 60515 SVN | Chicago Commercial | Page 9

▪ MemberThe information of presentedCommercial here is deemed Real to be Estate accurate, butWomen it has not been(CREW), independently Chicago verified. WomenWe make no guarantee, in Retail warranty Leasing or representation. (WIRL), It is yourand responsibility the International to independently confirm Council accuracy of andShopping completeness. Centers All SVN® offices (ICSC). are independently owned and operated. ▪ Serves on various civic and charitable boards. ▪ Licensed Managing Broker in Illinois

EDUCATION

Ms. Karr earned her B.A. degree in Political Science & Urban Studies from Northwestern University in Evanston, Illinois. Disclaimer

The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion of the property within andisnottobe used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner (“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.

The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Lease Offering Brochure.If the person receiving these materials does not choose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Lease Offering Brochure may include certain statements and estimates by SVN with respect to the Property. These Assumptions may or may not beproven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Lease Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Lease Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Lease Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Owner expressly reserves the right, atitssole discretion, to reject any or all expressions of interest to lease the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Lease Offering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signed Real Estate Lease Agreementonterms acceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease, a prospective lessee will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Lease Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

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