1300-12 N. Pulaski Road

1300-12 N. PULASKI ROAD

CHICAGO, IL 60651

Daniel Vanchieri Advisor 312.756.7337 [email protected]

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 OFFERING MEMORANDUM PROPERTY INFORMATION 1 Property Summary Additional Photos LOCATION INFORMATION 2 Location Overview - Humboldt Park Regional Map Location Maps Zoning & Aerial Maps Retailer Map SOLD COMPARABLES 3 Sold Comps Sold Comps Summary Sold Comps Map FOR SALE COMPARABLES 4 For Sale Comps For Sale Comps Summary For Sale Comps Map DEMOGRAPHICS 5 Demographics Map ADVISOR BIOS 6 Advisor Bio Disclaimer

SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 OFFERING MEMORANDUM PROPERTY INFORMATION 1300-12 N. Pulaski Road Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 3 Property Summary

OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $299,000 SVN is pleased to present this unique opportunity to develop or re-purpose a mix use property that is located on the border of Humboldt Park and West Humboldt Building Size: 10,090 SF Park. This 10,090 SF mixed use building sits on a .38 acre of land located on the Lot Size: 0.38 Acres corner of North Pulaski Rd and West Potomac Ave and has plenty of parking in the Price / SF: $29.63 rear. Wonderful potential to develop multifamily, medical offices, school, senior living or day care centers, with proper zoning changes. Year Built: 1909 Zoning: C1-1 16-03-227-036, APN: 16-03-227-039, & 16-03-227-038

1300-12 N. PULASKI ROAD CHICAGO, IL 60651 SVN | Chicago Commercial | Page 4

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

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 5 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. LOCATION INFORMATION 1300-12 N. Pulaski Road Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 6 Location Overview - Humboldt Park

HUMBOLDT PARK

Humboldt Park is community area number 23 and sits four miles west of the Loop. Humboldt Park is a community area, a neighborhood and a huge city park, all three named for Alexander von Humboldt, a German naturalist. The neighborhood extends from Western to Pulaski and from Armitage to Chicago leaving half of the total neighborhood and half of park in the community area of West Town. The community area begins at Sacramento/Humboldt on the east and is otherwise bordered by rail-lines; the Bloomingdale Line and Street on the north, the Union Pacific at Kinzie on the south and the Belt Railway on the west, just east of Cicero Avenue. The area known as West Humboldt Park extends from Pulaski west to the other borders of the community area.

The park was named for Alexander von Humboldt, a German naturalist.The creation of Humboldt and several other west side parks provided beauty, linked together via Chicago's historical boulevard system. The park is flanked by large graystone homes.

One of Chicago’s largest parks it contains a beach, an outdoor swimming pool, baseball diamonds, tennis courts, playgrounds and bike paths. There are vast landscape designs, walking and running paths, and a picturesque pond. The Boathouse Pavilion, is an exceptional example of the Prairie School style of architecture. It was designated a Chicago landmark in 1996.

Affixed with two enormous, metal Puerto Rican flags that measure almost 60 feet in height, Humboldt Park is rooted in a proud Latino tradition. With streets that are decorated in vibrant murals and air that smells of carne guisada, Humboldt Park is a Caribbean escape shrouded in urban charm.

One-quarter of Humboldt Park's residents are of Puerto Rican descent and the area's cultural epicenter, known as the Paseo Boricua, bursts with national pride and Spanish Colonial architecture. On this stretch of Division Street, you will find authentic Latin cuisine, specialty shopping and the Institute of Puerto Rican Arts & Culture, an invaluable ethnic tribute to the area's deeply-rooted heritage.

As an event that draws more than one-million people every year, the neighborhood's Puerto Rican People's Parade is one of the highest attended Latino celebrations in the country. And 1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 keeping with the SVN | Chicago Commercial | Page 7 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 independentlyfestive theme,owned and operated. the area hosts Fiesta Boricua, an annual block party that draws tens of thousands of visitors every summer. Regional Map

Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 8 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. Location Maps

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 9 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. Zoning & Aerial Maps

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 10 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. Retailer Map

1300-12 N. PULASKI ROAD CHICAGO, IL 60651 SVN | Chicago Commercial | Page 11

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 12 Sold Comps

Subject Property$299,000

1300-12 N. Pulaski Road, Chicago, IL 60651 Sale Price: $299,000 Lot Size: 0.38 Acres Year Built: 1909 Building SF: 10,090 SF Price PSF: $29.63

1 3839-45 W. Chicago Avenue Chicago, IL 60651 1 Sale Price: $300,000 Lot Size: 0.21 Acres Year Built: 1930 Building SF: 8,784 SF Price PSF: $34.15 Closed: 08/20/2019

2 1906 N. Cicero Avenue Chicago, IL 60639 2 Sale Price: $200,000 Lot Size: 0.5 Acres Year Built: 1940 Building SF: 5,546 SF Price PSF: $36.06 Closed: 05/01/2019

3 2101 N. Cicero Avenue Chicago, IL 60639 3 Sale Price: $239,000 Lot Size: 0.18 Acres Year Built: 1950 Building SF: 7,000 SF Price PSF: $34.14 Closed: 03/15/2019

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 13 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. Sold Comps

4 1134 N. Kilbourn Avenue Chicago, IL 60651 4 Sale Price: $500,000 Lot Size: 0.69 Acres Year Built: 1920 Building SF: 30,000 SF Price PSF: $16.67 Closed: 08/16/2019

5 1742 N. Kimball Avenue Chicago, IL 60647 5 Sale Price: $2,100,000 Lot Size: 3.52 Acres Year Built: 1934 Building SF: 60,000 SF Price PSF: $35.00 Closed: 10/30/2019

6 2241-51 N. Knox Avenue Chicago, IL 60639 6 Sale Price: $1,185,000 Lot Size: 0.83 Acres Year Built: 1916 Building SF: 27,732 SF Price PSF: $42.73 Closed: 02/28/2019

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 14 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. Sold Comps Summary

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF

1300-12 N. Pulaski Road $299,000 10,090 SF $29.63 Chicago, IL 60651

SALE COMPS PRICE BLDG SF PRICE/SF CLOSE 1 3839-45 W. Chicago Avenue Chicago, IL $300,000 8,784 SF $34.15 08/20/2019 60651

2 1906 N. Cicero Avenue Chicago, IL $200,000 5,546 SF $36.06 05/01/2019 60639

3 2101 N. Cicero Avenue Chicago, IL $239,000 7,000 SF $34.14 03/15/2019 60639

4 1134 N. Kilbourn Avenue Chicago, IL $500,000 30,000 SF $16.67 08/16/2019 60651

5 1742 N. Kimball Avenue Chicago, IL $2,100,000 60,000 SF $35.00 10/30/2019 60647

6 2241-51 N. Knox Avenue Chicago, IL $1,185,000 27,732 SF $42.73 02/28/2019 60639

PRICE BLDG SF PRICE/SF CLOSE

Totals/Averages $754,000 23,177 SF $32.53

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 15 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. Sold Comps Map

SUBJECT PROPERTY 1300-12 N. Pulaski Road | Chicago, IL 60651

3839-45 W. CHICAGO 1906 N. CICERO AVENUE 2101 N. CICERO AVENUE 1 2 3 AVENUE Chicago, IL Chicago, IL Chicago, IL 60639 60639 60651

1134 N. KILBOURN AVENUE 1742 N. KIMBALL AVENUE 2241-51 N. KNOX AVENUE 4 5 6 Chicago, IL Chicago, IL Chicago, IL 60651 60647 60639

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 16 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. FOR SALE COMPARABLES 1300-12 N. Pulaski Road Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 17 For Sale Comps

Subject Property$299,000

1300-12 N. Pulaski Road, Chicago, IL 60651 Sale Price: $299,000 Lot Size: 0.38 Acres Year Built: 1909 Building SF: 10,090 SF Price PSF: $29.63

1 4638 W. Armitage Avenue Chicago, IL 60639 1 Sale Price: $350,000 Lot Size: 0.071 Acres Year Built: 1941 Building SF: 5,600 SF Price PSF: $62.50

2 4034-48 W. Chicago Avenue Chicago, IL 60651 2 Sale Price: $1,299,000 Lot Size: 0.62 Acres Year Built: 1965 Building SF: 20,000 SF Price PSF: $64.95

3 1234-50 N. Cicero Avenue Chicago, IL 60651 3 Sale Price: $1,150,000 Lot Size: 0.57 Acres Year Built: 1920 Building SF: 6,250 SF Price PSF: $184.00

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 18 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. For Sale Comps

4 2107-09 N. Cicero Avenue Chicago, IL 60639 4 Sale Price: $349,000 Lot Size: 0.14 Acres Year Built: 1957 Building SF: 2,500 SF Price PSF: $139.60

5 4118 W. Division Street Chicago, IL 60651 5 Sale Price: $984,000 Lot Size: 0.63 Acres Year Built: 1924 Building SF: 12,300 SF Price PSF: $80.00

6 4253 W. Grand Avenue Chicago, IL 60651 6 Sale Price: $1,050,000 Lot Size: 0.41 Acres Year Built: 1950 Building SF: 12,000 SF Price PSF: $87.50

7 1436 N. Keating Avenue Chicago, IL 60651 7 Sale Price: $325,000 Lot Size: 0.2 Acres Year Built: 1946 Building SF: 10,000 SF Price PSF: $32.50

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 19 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. For Sale Comps

8 1428 N. Kilpatrick Avenue Chicago, IL 60651 8 Sale Price: $480,000 Lot Size: 0.21 Acres Year Built: 1970 Building SF: 8,936 SF Price PSF: $53.72

9 4700-14 W. Le Moyne Street Chicago, IL 60651 9 Sale Price: $595,000 Lot Size: 0.47 Acres Year Built: 1963 Building SF: 19,918 SF Price PSF: $29.87

10 1440-50 N. Pulaski Road Chicago, IL 60651 10 Sale Price: $749,000 Lot Size: 0.51 Acres Year Built: 1957 Building SF: 14,400 SF Price PSF: $52.01

11 1800 N. Pulaski Road Chicago, IL 60639 11 Sale Price: $1,500,000 Lot Size: 0.67 Acres Year Built: 1949 Building SF: 29,650 SF Price PSF: $50.59

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 20 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. For Sale Comps Summary

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF

1300-12 N. Pulaski Road $299,000 10,090 SF $29.63 Chicago, IL 60651

SALE COMPS PRICE BLDG SF PRICE/SF CLOSE 1 4638 W. Armitage Avenue Chicago, IL $350,000 5,600 SF $62.50 On Market 60639

2 4034-48 W. Chicago Avenue Chicago, IL $1,299,000 20,000 SF $64.95 On Market 60651

3 1234-50 N. Cicero Avenue Chicago, IL $1,150,000 6,250 SF $184.00 On Market 60651

4 2107-09 N. Cicero Avenue Chicago, IL $349,000 2,500 SF $139.60 On Market 60639

5 4118 W. Division Street Chicago, IL $984,000 12,300 SF $80.00 On Market 60651

6 4253 W. Grand Avenue Chicago, IL $1,050,000 12,000 SF $87.50 On Market 60651

7 1436 N. Keating Avenue Chicago, IL $325,000 10,000 SF $32.50 On Market 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 21 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. For Sale Comps Summary

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF 8 1428 N. Kilpatrick Avenue Chicago, IL $480,000 8,936 SF $53.72 On Market 60651

9 4700-14 W. Le Moyne Street Chicago, IL $595,000 19,918 SF $29.87 On Market 60651

10 1440-50 N. Pulaski Road Chicago, IL $749,000 14,400 SF $52.01 On Market 60651

11 1800 N. Pulaski Road Chicago, IL $1,500,000 29,650 SF $50.59 On Market 60639

PRICE BLDG SF PRICE/SF CLOSE

Totals/Averages $802,818 12,869 SF $62.38

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 22 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. For Sale Comps Map

SUBJECT PROPERTY 1300-12 N. Pulaski Road | Chicago, IL 60651

4638 W. ARMITAGE 4034-48 W. CHICAGO 1234-50 N. CICERO AVENUE 1 2 3 AVENUE AVENUE Chicago, IL Chicago, IL Chicago, IL 60651 60639 60651

2107-09 N. CICERO AVENUE 4118 W. DIVISION STREET 4253 W. GRAND AVENUE 4 5 6 Chicago, IL Chicago, IL Chicago, IL 60639 60651 60651

1436 N. KEATING AVENUE 1428 N. KILPATRICK 4700-14 W. LE MOYNE 7 8 9 Chicago, IL AVENUE STREET 60651 Chicago, IL Chicago, IL 60651 60651

1440-50 N. PULASKI ROAD 1800 N. PULASKI ROAD 10 11 Chicago, IL Chicago, IL 60651 60639

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 23 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. DEMOGRAPHICS 1300-12 N. Pulaski Road Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 24 Demographics Map

POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total population 15,060 56,052 118,791

Median age 27.7 28.8 29.6

Median age (Male) 26.0 27.2 28.7

Median age (Female) 29.8 30.7 30.9

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total households 4,323 16,426 36,447

# of persons per HH 3.5 3.4 3.3

Average HH income $43,329 $42,128 $42,296

Average house value $283,048 $278,617 $300,914

* Demographic data derived from 2010 US Census

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 25 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. ADVISOR BIOS 1300-12 N. Pulaski Road Chicago, IL 60651

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 26 Advisor Bio

DANIEL VANCHIERI

Advisor

[email protected] Direct: 312.756.7337 | Cell: 630.567.3705

PROFESSIONAL BACKGROUND Daniel Vanchieri has been active in the financial and real estate industry for more than 20 years. As an advisor for SVN anda licensed real estate broker, his focus is primarily on the sale of industrial properties in the Chicagoland and surrounding areas; specializing in properties ranging from the 5,000 to 100,000 square feet.

Daniel is enthusiastic in helping owner/users maximize their true objectives. He is always putting the client's interests above his own, insuring strong, long term relationships with the people with whom he works. Daniel understands that his business hinges on his reputation and doing what is best for his clients. His background is diverse with many years of experience in construction, property management, and operations.

As a successful trader for 18 years at the Chicago Board of Trade, Daniel developed his acute skills as a negotiator and deal maker. Through the many successful opportunities he created for both buyers and sellers, he proved his attention to detail to be unparalleled. As a result, he has a unique understanding on a variety of issues that owners/users face.

Daniel is a graduate of DePaul University with a degree in finance and on a personal note, Daniel keeps very active with hiswife and four children. He was a founding member and treasurer of Cass 63 Foundation for Educational Excellence. In addition, he was on the parish counsel at Our Lady of Mount Carmel Church, serving as Director of Finance and Chairman of the Building Committee

SVN | Chicago Commercial 940 West Adams Street, Suite 200 Chicago, IL 60607 312.676.1866

1300-12 N. PULASKI ROAD CHICAGO, IL 60651 SVN | Chicago Commercial | Page 27

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase ofthe property within and is not to be 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, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale 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 Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this 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 Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven 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 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 Purchase 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 Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase 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 Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser 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 purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

1300-12 N. PULASKI ROAD, CHICAGO, IL 60651 SVN | Chicago Commercial | Page 28 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. 940 West Adams Street, Suite 200 Chicago, IL 60607 312.756.7337 svnchicago.com