910 W. RANDOLPH STREET

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1 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL Angelo Labriola Vice President Paul Cawthon Vice President Scott R. Maesel Managing Director SVN Chicago Commercial 940 West Adams Street, Suite 200, Chicago, IL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Executive Summary Complete Highlights Property Description Property Details Floor Plans Floor Plans Floor Plans Additional Photos Additional Photos LOCATION INFORMATION 13 Regional Map Location Maps ADVISOR BIOS 16 Cawthon Bio Labriola Bio SVN Chicago Commercial 940 West Adams Street, Suite 200, Chicago, IL OFFERING MEMORANDUM

3 FOR SALE RETAIL 910 W. RANDOLPH STREET 910 W. Randolph Street Chicago, IL PROPERTY INFORMATION 1 PROPERTY INFORMATION 910 W. Randolph Street Chicago, IL W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 3 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

4 Executive Summary OFFERING SUMMARY Sale Price: $2,490,000 Lot Size: 0.04 Acres Year Built: 1877 Building Size: 4,626 Renovated: 2005 Zoning: C1-1 Market: Chicago PROPERTY OVERVIEWVIEW Unique three-story structure in the heart of West Loop's Restaurant Row. Subject property is situated two doors down from Rick Bayless' Leña Brava, and in front of the largest development piece left in the market. The property was completely rehabbed in 2005 with all new electrical, plumbing, & structural components for a high-end audio experience. Multiple levels, flex-core inserts, and more make this a truly unique piece on West Loop Randolph Street. PROPERTY HIGHLIGHTS Complete Rehab 2005 Randolph Street Exposure Two Doors Down from New Bayless Restaurant In Front of Last Large Development Piece Steps from the CTA Pink Line Easy Access to I-90/94 Just a block From Google & McDonald's Corporate HQ Submarket: West Loop 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 4

5 Complete Highlights SALE HIGHLIGHTS Complete Rehab 2005 Randolph Street Exposure Two Doors Down from New Bayless Restaurant In Front of Last Large Development Piece Steps from the CTA Pink Line Easy Access to I-90/94 Just a block From Google & McDonald's Corporate HQ Low Property Taxes 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 5

6 Property Description PROPERTY OVERVIEWVIEW Unique three-story structure in the heart of West Loop's Restaurant Row. Subject property is situated two doors down from Rick Bayless' Leña Brava, and in front of the largest development piece left in the market. The property was completely rehabbed in 2005 with all new electrical, plumbing, & structural components for a high-end audio experience. Multiple levels, flex-core inserts, and more make this a truly unique piece on West Loop Randolph Street. LOCATION OVERVIEWVIEW The West Loop area, a former manufacturing corridor turned art-edgy neighborhood, was a mix of factories, meat markets, and wholesale produce outlets throughout the late 1800s and most of the 1900s. Many of these businesses still thrive in the area, but the neighborhood has seen a major demographic shift over the last few decades. The factories, most of which have closed, have been converted to high-priced lofts, critically acclaimed restaurants, night clubs, art galleries, and retail boutiques. This demographic shift easily makes the West Loop one of Chicago s most desirable neighborhoods with more development than any other area in the city. Businesses and operators such as Google, Soho House, We Work, and Uber have chosen to make their home in the West Loop. The transformation began to happen in part because of the neighborhood s proximity to the Loop, but also because of the availability of the massive timber and beam loft buildings, which have allowed for varying creative uses. To learn more about the area go to: W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 6

7 Property Details SALE PRICE $2,490, LOCATION INFORMATION Building Name Street Address 910 W. Randolph Street 910 W. Randolph Street City, State, Zip Chicago, IL County/Township Market Submarket Cross Streets Cook Chicago West Loop Randolph & Peoria PROPERTY DETAILS Property Type Retail Property Subtype Free Standing Building Zoning C1-1 Lot Size 1,625 SF APN# Real Estate Taxes (2015) $12, BUILDING INFORMATION Building Size 4,626 SF Tenancy Single Number Of Floors 3 Average Floor Size 1,500 SF Year Built 1877 Last Renovated W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 7

8 Floor Plans 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 8

9 Floor Plans 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 9

10 Floor Plans 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 10

11 Additional Photos 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 11

12 Additional Photos 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 12

13 FOR SALE RETAIL 910 W. RANDOLPH STREET 910 W. Randolph Street Chicago, IL LOCATION INFORMATION 2 LOCATION INFORMATION 910 W. Randolph Street Chicago, IL W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 13 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

14 Regional Map 910 W. Randolph Street 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 14

15 Location Maps 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 15

16 FOR SALE RETAIL 4 ADVISOR BIOS 910 W. Randolph Street Chicago, IL ADVISOR BIOS 4 ADVISOR BIOS 910 W. Randolph Street Chicago, IL W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 16 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

17 PAUL CAWTHON Vice President PROFESSIONAL BACKGROUND Paul Cawthon serves as a Vice President for SVN Chicago Commercial. He specializes in the sale and leasing of retail, multifamily, investment, as well as commercial development property. Prior to joining SVN he served as a senior commercial associate with the Chicago office of Inland Real Estate Brokerage, Inc. A business owner for over 15 years, Mr. Cawthon capitalizes on his entrepreneurial skills and experience by offering his clients in-depth analysis of real estate products and financial solutions for their real estate investments. During his extensive real estate career Cawthon has won real estate awards such as the Rookie of the Year award for outstanding sales achievement and Lister of the Year. He has also been featured on the front page of the Chicago Tribune's Sunday Real Estate Section. Mr. Cawthon has participated in many high profile property listings including a portfolio of Class A Lifestyle Retail Centers in the Chicagoland area valuing at over $300 million and a rare redevelopment opportunity in Chicago's Gold Coast area located just off the Magnificent Mile. He has been hired by several municipalities to advise them on redevelopment and attracting retailers to their communities. Paul Cawthon and Angelo Labriola are specialists in the Pilsen neighborhood, with over 35 transactions completed in the neighborhood over the past few years. 940 West Adams Street, Suite 200 Chicago, IL T C paul.cawthon@svn.com In 2016, Mr. Cawthon and Angelo Labriola were ranked in the top 7% of all SVN Advisors nationwide. Paul resides with his family in Burr Ridge and in his spare time likes to spend time with his wife, Reda and their two daughters, Sedona and Savanna. 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 17

18 ANGEL ANGELO O LABRIOLA PROFESSIONAL B BA ACK CKGROUND GROUND Vice President Angelo J. Labriola serves as a Vice President for SVN Chicago Commercial, specializing in the sale of multi-family, mixed-use, development land, retail and industrial property. Throughout his career Labriola has worked towards possessing a well-rounded expertise in all aspects of commercial real estate to better serve his clients. Prior to joining SVN, Mr. Labriola served as a Commercial Associate for Inland Real Estate Brokerage, Inc., a full-service commercial real estate firm based in Oak Brook, IL, and worked out of their satellite sales office located in Chicago, IL. He has participated in many high profile listings, including a portfolio of Class A LifeStyle Retail Centers in the Southwest & Western Suburbs of Chicago, valuing over $300 Million, and a rare redevelopment opportunity in Chicago's Gold Coast at Chicago Ave. & Rush Street, just one block from the Magnificent Mile. Mr. Labriola has been a top producer (ranked in the top 7% of all SVN Advisors nationwide) as well as part of a top producing listing team year over year. His specialties include the neighborhood of Pilsen where, along with business partner Paul Cawthon, they have currently completed over 35 transactions and have multiple more in contract on the horizon. 940 West Adams Street, Suite 200 Chicago, IL T C angelo.labriola@svn.com Mr. Labriola has is currently a part of the Chicago Association of Realtors (CAR), the Illinois Association of Realtors (IAR) and the National Association of Realtors (NAR). He earned a B.S. in Finance and a minor in Economics with an emphasis in Real Estate from DePaul University in Chicago, IL. In his spare time Mr. Labriola enjoys the game of soccer and spending time with his wife and family. EDUC EDUCA ATION B.S. in Finance and a minor in Economics from DePaul University - Chicago, IL MEMBERSHIPS & AFFILIA AFFILIATIONS TIONS National Association of Realtors (NAR) Illinois Association of Realtors (IAR) Chicago Association of Realtors (CAR) 910 W. RANDOLPH STREET 910 W. RANDOLPH STREET CHICAGO, IL SVN Chicago Commercial Page 18