DEVELOPMENT SITE “MIXED USE”

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14,800 +/- SQ FT Zoned B3-2 & B2-2 Densely Populated Area Near Brown Line Easy Access to Lake Shore Drive and Lincoln Square Shops - 2015 Real Estate Taxes: $11,125.78

ASKING PRICE: $2,200,000 JAMESON COMMERCIAL REAL ESTATE 425 W. North Ave | Chicago, IL 60610 www.jamesoncommercial.com ©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

130’ O F FRO NTAG E

FO ST ER AV E.

LINCOLN SQUARE 5132-5142 N. WESTERN AVENUE, CHICAGO

WEST ERN A VE.

MARK KISHTOW

Senior V.P. Investmen (P) 312.867.2265 | (C) 773.744.7070 | [email protected]

EXECUTIVE SUMMARY 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL Jameson Commercial Real Estate pleased to present this highly visible development opportunity located near the corner of Western Ave and Foster in Chicago’s Lincoln Square neighborhood. The subject property consists of five contiguous lots with a 130’ frontage on Western Ave and 114’ deep. The property is split zoned B3-2 and B2-2. This property enjoys easy access to Lake Michigan (Foster Beach), Lincoln Square shops and Andersonville restaurants, walking distance from Western and Lawrence Brown Line.

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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ZONING MAP 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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SURVEY 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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SITE MAP 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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AERIAL TENANT MAP 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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TRAFFIC COUNT MAP Traffic 5132-5142 N. WESTERN AVE. LINCOLN SQUARE | CHICAGO, IL

Count Map - Close Up

5132 N Western Ave, Chicago, Illinois, 60625 Rings: 0.5, 1, 1.5 mile radii

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

Prepared by Esri Latitude: 41.97513 Longitude: -87.68915

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DEMOGRAPHICS 5132-5142 N. WESTERN AVE. Executive LINCOLN SQUARE | CHICAGO, IL

Summary

5132 N Western Ave, Chicago, Illinois, 60625 Rings: 0.5, 1, 1.5 mile radii

Prepared by Esri Latitude: 41.97513 Longitude: -87.68915 0.5 miles

1 mile

1.5 miles

Population 2000 Population 2010 Population 2015 Population 2020 Population 2000-2010 Annual Rate 2010-2015 Annual Rate 2015-2020 Annual Rate 2015 Male Population 2015 Female Population 2015 Median Age

18,567 16,227

60,948 53,988

154,131 138,342

16,677 17,085

54,792 55,681

139,928 141,809

-1.34% 0.52%

-1.21% 0.28%

-1.07% 0.22%

0.48% 49.4%

0.32% 49.4%

0.27% 50.0%

50.6% 36.3

50.6% 35.5

50.0% 35.0

In the identified area, the current year population is 139,928. In 2010, the Census count in the area was 138,342. The rate of change since 2010 was 0.22% annually. The five-year projection for the population in the area is 141,809 representing a change of 0.27% annually from 2015 to 2020. Currently, the population is 50.0% male and 50.0% female. Median Age The median age in this area is 36.3, compared to U.S. median age of 37.9. Race and Ethnicity 2015 White Alone

67.4%

66.9%

61.8%

2015 Black Alone

3.9%

4.2%

5.5%

2015 American Indian/Alaska Native Alone

0.6%

0.5%

0.6%

13.7%

13.8%

15.7%

2015 Asian Alone 2015 Pacific Islander Alone 2015 Other Race 2015 Two or More Races 2015 Hispanic Origin (Any Race)

0.1%

0.0%

0.0%

10.3%

10.7%

12.2%

4.0%

4.0%

4.3%

23.9%

24.4%

27.4%

Persons of Hispanic origin represent 27.4% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 75.3 in the identified area, compared to 63.0 for the U.S. as a whole. Households 2000 Households

7,184

24,394

59,263

2010 Households

6,998

23,845

58,211

2015 Total Households

7,274

24,401

59,422

2020 Total Households

7,486

24,883

60,461

2000-2010 Annual Rate

-0.26%

-0.23%

-0.18%

2010-2015 Annual Rate

0.74%

0.44%

0.39%

2015-2020 Annual Rate

0.58%

0.39%

0.35%

2.27

2.22

2.31

2015 Average Household Size

The household count in this area has changed from 58,211 in 2010 to 59,422 in the current year, a change of 0.39% annually. The fiveyear projection of households is 60,461, a change of 0.35% annually from the current year total. Average household size is currently 2.31, compared to 2.33 in the year 2010. The number of families in the current year is 29,648 in the specified area.

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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DEMOGRAPHICS Executive Summary 5132-5142 N. WESTERN AVE. 5132 N Western Ave, Chicago, Illinois, 60625 Rings: 0.5, 1, 1.5 mile radii LINCOLN SQUARE | CHICAGO, IL

Prepared by Esri Latitude: 41.97513 Longitude: -87.68915 0.5 miles

1 mile

1.5 miles

Median Household Income 2015 Median Household Income

$54,638

$54,339

$53,512

2020 Median Household Income 2015-2020 Annual Rate

$63,723 3.12%

$62,925 2.98%

$62,082 3.02%

2015 Average Household Income

$71,912

$72,682

$72,644

2020 Average Household Income 2015-2020 Annual Rate

$83,427 3.02%

$84,181 2.98%

$84,034 2.96%

2015 Per Capita Income

$31,154

$32,368

$31,025

2020 Per Capita Income 2015-2020 Annual Rate

$36,311 3.11%

$37,592 3.04%

$35,995 3.02%

Average Household Income

Per Capita Income

Households by Income Current median household income is $53,512 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $62,082 in five years, compared to $60,683 for all U.S. households Current average household income is $72,644 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $84,034 in five years, compared to $84,910 for all U.S. households Current per capita income is $31,025 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $35,995 in five years, compared to $32,501 for all U.S. households Housing 2000 Total Housing Units 2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units 2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units 2010 Vacant Housing Units 2015 Total Housing Units 2015 Owner Occupied Housing Units 2015 Renter Occupied Housing Units 2015 Vacant Housing Units 2020 Total Housing Units 2020 Owner Occupied Housing Units 2020 Renter Occupied Housing Units 2020 Vacant Housing Units

7,551

25,568

62,499

2,425 4,760

7,951 16,443

19,182 40,081

366 7,804

1,174 26,132

3,236 63,887

2,898 4,100

9,244 14,601

22,626 35,585

806 7,932

2,287 26,442

5,676 64,691

2,787 4,487

8,751 15,650

21,294 38,128

658 8,029

2,041 26,728

5,269 65,402

2,802 4,685

8,796 16,087

21,411 39,050

543

1,845

4,941

Currently, 32.9% of the 64,691 housing units in the area are owner occupied; 58.9%, renter occupied; and 8.1% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 63,887 housing units in the area - 35.4% owner occupied, 55.7% renter occupied, and 8.9% vacant. The annual rate of change in housing units since 2010 is 0.56%. Median home value in the area is $336,633, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 4.70% annually to $423,477. ©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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MARK JONES, CCIM SENIOR VP OF INVESTMENTS Mark Jones specializes in investment sales of multi-tenant and single tenant retail properties in his position as Senior Vice President of Investment Sales with Jameson Commercial. Mr. Jones is well versed and able to bring a varied and vast level of knowledge and experience to his business having worked in corporate America for more than 20 years. Mr. Jones acquired extensive retail development and management experience at Mobil and Midas International. He occupied positions of increasing responsibility for land acquisition, facility development, leasing and executive management. He served as Vice President of Midas Realty Corporation and Vice President of Franchising for Midas International, having participated in the opening of over 700 Midas retail stores throughout the major markets in the U.S. Since joining Jameson Commercial, Mr. Jones has closed on sales of well over $100 Million with a variety of national single tenants including Walgreens, Advance Auto, Burger King, PNC Bank, National Tire & Battery and Pop Eyes and product groups including land for development and recently, a $16,450,000 sale of a 115 unit apartment building in the north side of Chicago. He was recognized as Jameson Commercial’s Top Commercial Producer in 2009 and has consistently ranked among the Top Producers while at Jameson the past 11 years. (P) 312.335.3229 | (C) 312-804-5722 [email protected]

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

A graduate of Purdue University with a BS in Civil Engineering, Mr. Jones continued to add to his education acquiring an MBA from the University of Chicago. Upon entering the brokerage side of the business, Mr. Jones achieved the designation of Certified Commercial Investment Member (CCIM). As a CCIM, Mr. Jones has completed an arduous designated curriculum with emphasis on ethics, winning negotiations and the latest techniques in financial and investment analysis. CCIMs are widely recognized for their knowledge and skills in commercial investment analysis which is of major benefit to their individual clients. Mr. Jones is also an active member of the International Council of Shopping Centers and the Chicago Association of Realtors.

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MARK KISHTOW SENIOR VP OF INVESTMENTS Mark Kishtow specializes in the sale of multifamily and retail investment properties in his position as a Senior Vice President of Investment Sales with Jameson Commercial Real Estate. Prior to joining Jameson, Mark followed his entrepreneurial instincts after college owning and operating multiple businesses in the City of Chicago and was the Operating Managing Partner for a portfolio of Investment Properties in the Chicago land area. Mark has found the experience he gained as an owner provides him with a unique insight and expertise that he can bring to the table for his clients. Over the past eight years in the commercial real estate industry, Mark has personally transacted or advised on aggregate sales exceeding $200 Million, this includes over 500 multifamily units and a variety of retail properties anchored by national tenants including Bank of America, Chase Bank, Starbucks, AutoZone and 7/11. His area on concentration has been Urban Chicago and the near surrounding suburbs. Mark studied Architecture and Interior Design at Chicago’s Illinois Institute of Art and he is currently enrolled to earn the Certified Commercial Investment Member (CCIM) designation. Mark is also an active member of the International Council of Shopping Centers and the Chicago Association of Realtors. Mark was awarded Jameson’s Top Commercial Producer honor for the years of 2008, 2010, 2012, 2013, 2014, and 2015 and recognized by the Chicago Commercial Forum as one of its Top Producing Agents in Chicago.

(P) 312.867.2265 | (C) 773.744.7070 [email protected]

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

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