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Thomas Boyle, SIOR 847-588-5682 [email protected] Fred Freeman 847-588-5643 [email protected] 13,996 SF AVAILABLE FOR LEASE POTENTIAL USE FOR RESTAURANT, BAR, BREWERY OR BANQUET FACILITY

13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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Page 1: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

Thomas Boyle, SIOR847-588-5682

[email protected]

Fred Freeman847-588-5643

[email protected]

13,996 SF AVAILABLE FOR LEASEPOTENTIAL USE FOR RESTAURANT, BAR, BREWERY OR BANQUET FACILITY

Page 2: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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CONTENTSNEIGHBORHOOD

PROPERTY

THE FULTON MARKET DISTRICT

AREA AMENITIES

DEMOGRAPHICS

PROMINENT NEIGHBORS

AREA MAP

OVERVIEW

SITE PLAN

ABOUT TRANSWESTERN

3

4-5

6

7

8-9

10

11

ZONING 14

PROPERTY PICTURES 12-13

Page 3: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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Population Growth 2010-2016

14.7%Median Age

34.6Average Household Income

$130,600Daytime Population

96,555Restaurant and Bar Sales

$105 MSource: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2016 and 2021

Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District is located in Chicago’s historic and exploding West Loop Neighborhood.

Once a home to Chicago’s wholesalers and meat packing district, the West Loop has quickly transformed into a mecca of retail, restaurant, bar, hotel, condo, and high-tech office spaces.

The Fulton Market area offers an opportunity for those looking to capitalize on the fastest growing area in Chicago.

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Page 4: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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COMMUTER FRIENDLY• Steps away from brand new

CTA Morgan St. Station

• Walking distance to multiplebus routes

• Less than 1 mile to Metra Trains

• Walking distance to downtown

• Bike-friendly

LIVE

WORK

COMMUTE

APARTMENTS AND CONDOS

• Catalyst Apartments

• Circa 922

• Gateway West Loop

• Lux24 Apartments

• The Madison

• Presidential Towers

NEW OFFICE DEVELOPMENTS

• Motorola - 604,000 SF

• Google - 362,048 SF

• Wells Fargo - 293,000 SF

• Vendor Village - 224,000 SF

• Zurich - 108,000 SF

• Twitter - 16,000 SF

• Facebook - 15.000 SF

Page 5: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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COMMUTER FRIENDLY• Steps away from brand new

CTA Morgan St. Station

• Walking distance to multiplebus routes

• Less than 1 mile to Metra Trains

• Walking distance to downtown

• Bike-friendly

NEW OFFICE DEVELOPMENTS

• Motorola - 604,000 SF

• Google - 362,048 SF

• Wells Fargo - 293,000 SF

• Vendor Village - 224,000 SF

• Zurich - 108,000 SF

• Twitter - 16,000 SF

• Facebook - 15.000 SF

EAT

PLAY

LOCAL RESTAURANTS

• Au Cheval

• avec

• Girl & the Goat

• Grace

• Momotaro

• Publican Quality Meats

LOCAL FUN

• Haymarket Pub & Brewery

• City Winery

• SoHo House

• UIC Theater

• Maude’s Liquor Bar

• The United Center

SHOP SHOPPING

• Randolph Street Market

• Chicago French Market

• Target

• Tribeca Boutique

• Free People

Page 6: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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Population 1/2 Mile 1 Mile 2 Miles

2016 Est. Population 8,718 45,956 209,938

2021 Projected Population 9,334 48,200 218,927

2010 Census Population 7,599 42,361 194,322

2016 Est. Daytime Population 20,217 96,555 694,743

2010-2016 Est. Population Growth 14.7% 8.5% 8.0%

2016 Est. Median Age 34.6 33 32.5

Income 1/2 Mile 1 Mile 2 Miles

2016 Est. Median Household Income $94,155 $86,295 $76,546

2016 Est. Avg. Household Income $130,600 $118,631 $108,910

2021 Projected Avg. Household Income $143,630 $129,702 $119,382

Education 1/2 Mile 1 Mile 2 Miles

Population with Bachelors degree 42% 40.5% 39.1%

Population with Graduate degree 31.2% 33.2% 30.8%

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2016 and 2021

DEMOGRAPHICS

The information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. Copyright © 2017 Transwestern.

Page 7: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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604,000 SF 362,048 SF 293,000 SF

52,000 SF 232,000 SF 108,000 SF

85,000 SF 15,000 SF 16,000 SF

240,000 SF 75,000 SF 230,000 SF

64,000 SF 75,000 SF 300,000 SF

FULTON MARKET NEIGHBORS

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Page 8: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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the neighborhoob

new neighbors

Skinner Park

Union ParkUnion Park

W Washington St

W Kinzie St

S L

aflin S

t

S L

oom

is St

S T

hroop

St

N B

ishop

St

W Carroll Ave

W Fulton St

W Walnut St

W Maypole Ave

S A

berd

een S

t

SM

or g

a nS

t

S S

ang

amo

n S

t

S P

eoria S

t

W Wayman St

W Arbour P l

N N

ob

le St

W Kinzie St

N A

rmo

ur S

t

N Laflin

St

NJu

st in eS

t

N Lo

om

is St

NS

ang

amon

St

W Fulton Market

NP

eor ia

St

W Carroll Ave

N E

lizabeth

St

N A

da S

t

W Fulton Blvd

W Madison St

N M

org

an S

t

N A

berd

een S

t

N C

arpenter S

t

N M

ay St

W Hubbard St

W Lake St

W Monroe St

W Warren Blvd

S R

acine A

veW O

gden Ave

Kennedy Expy

Kennedy Expy

W Washington Blvd

NO

gden

Ave

NR

ac ine

Ave

NA

shla n

dA

v e

W Randolph St

W Grand Ave§̈¦90

§̈¦94

201 N ELIZABETH ST201 N ELIZABETH ST

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555657

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Page 9: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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1 The Breakfast Club & Grill 2 Burger Baron 3 Coalfire 4 G & O 5 Sip Coffee House 6 Salerno's Pizza 7 Mart Anthony's Italian Restaurant 8 Capo's 9 D'Amato's Pastry Shop10 Beatrix11 Kuma's Corner12 Fulton Mkt Kitchen13 La Sirena Clandestina14 City Mouse Chicago15 Smack Shack16 Swift & Sons17 Cold Storage18 Pizzeria del Mercato19 McDonald's20 The Harvest Juicery21 Next22 Roister23 Duck Duck Goat24 Gus' Fried Chicken25 The Betty26 The Publican27 Shake Shack28 Do-Rite Donuts29 The Corned Beef Factory30 Dunkin Donuts31 Vera32 Honey's Chicago33 Macello Ristorante34 Smith & the Loyalist35 Urbanbelly36 Kaiser Tiger37 Gyu-Kaku38 Elske39 Alhambra Palace40 Lou Malnati's41 Forno Rosso Pizzeria42 La Colombe Coffee43 Nando's Peri-Peri44 Umami Burger45 Porkchop46 Starbucks47 Cruz Blanca48 Nonna's49 Formento's50 Perez Mexican Restaurant51 Jaipur52 Nellcote53 Green Street Smoked Meats54 Parlor Pizza55 Dunkin Donuts

56 Sushi Pink57 Wishbone58 Subway59 La Sardine60 Billy Goat Tavern61 Dunkin Donuts62 La Cuchara63 Subway64 Palace Grill65 Viaggio Ristorante66 West End Grill & Tavern67 Nohea Café68 Talay69 Freshii70 The Great American Bagel71 Mad Social72 Butterfly Sushi73 Crossroads Bar & Grill74 Cone Gourmet Ice Cream75 Monteverde76 Pockets77 Starbucks78 Ciao! Cafe79 Grange Hall80 The Polenta Bar

1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito 9 The Aviary10 Bar Siena11 Maude's Liquor Bar12 RM Champagne Salon13 El Che Bar14 The Madison Bar15 Beer Bistro16 Third Rail Tavern17 The Hive18 Club 858

1 Ace Hotel 2 Hoxton Hotel 3 Nobu Hotel

1 Byline Bank 2 South Central Bank 3 Mb Financial

4 South Central Bank 5 The Federal Savings Bank 6 Firsts Eagle Bank 7 Parkway Bank & Trust 8 Chase Bank

1 Green Grocer 2 Peoria Packing Butcher Shop 3 West Loop Salumi 4 Market by Foxtrot 5 West Loop Mart 6 J.P. Graziano Grocery

1 Fulton Fithouse 2 Chicago Pole Dance Academy 3 Crossfit 312 4 Precision Human Performance 5 West Loop Athletic Club 6 Johnny's Ice House 7 Wattage 8 Performance Training Systems 9 Core Power Yoga10 Pure Barre11 Crosstown Fitness12 Bare Feet Power Yoga13 Brooklyn Boulders14 Center for Body Movement15 Sana Vita Yoga & Pilates16 Anatomy Redefined17 Chamin Nail Studio18 Studio 10119 Exfole820 Be Fabulous21 Snippets Mini-cuts22 Salon DJ Hairtography23 Snap Hair24 Mane Salon25 FM Hair Studio26 Axelle + Ivy Salon27 Art + Science Salon28 Pinky Nail Studio29 Beauty Mark Salon30 Solo Salon31 Lacquer Day Spa32 Nail Party33 The Hair Loft34 Main Abstracts Hair Salon35 Base Salon36 European Wax Center37 G2 Men's Salon38 Bangs Hair Salon39 L.A. Tan40 Elle Nail Spa41 Allure Nail Salon

42 Handcrafted Barber Shop43 Ora Dental Studio44 West Loop Dental45 Spex

1 Citgo 2 Spotlight Automotive 3 Pet Care Plus 4 Fulton Market Gallery 5 Verizon 6 Randolph Street Market 7 Marathon 8 Bert's Car Wash 9 Terry's Toffe Shop10 Tesla11 Steve's Flower Market12 Sherwin-Williams13 Pagoda Red14 Dose Market15 Linda Warren Gallery16 Tucker's Pup Resort17 Mars Gallery18 Latin Rhythms Dance Academy19 Kavi Gupta Gallery20 Gateway Auto Service21 Kids & Company Day Care22 VCA Animal Care23 A/M Shop24 Stub Hub25 Big City Swing Dance School26 Free People27 West Loop Pharmacy28 Rhona Hoffman Gallery29 West Loop Auto Spa30 Kavi Gupta Gallery31 Carrie Secrist Gallery32 M2057 by Maria Pinto33 Gold Coast Tickets34 Victoria Sdoukos Couture Bridal35 FedEx Office36 Morgan Cleaners37 The Fig Tree38 Smitten Boutique39 Cat & Mouse Games40 Wigglyville Pet Boutique41 Studio East642 Leaders 135443 Standing Room Only Authentics44 H&R Block45 AlphaGraphics

Restaurants

Bars/Nightclubs

Grocery

Health/Beauty

Other Retail

Hotels

Banks

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Page 10: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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201 N. ELIZABETH ST.

Pricing Subject to offer

Site Size ±25,000 SF

Building Size ±13,996 SF

Current Zoning M2-3 F.A.R. 3.0 (Industrial)

Potential Re-Zoning

C1-2 F.A.R. 2.2

C1-3 F.A.R. 3.0

DX-3 F.A.R. 3.0

DX-5 F.A.R. 5.0

DX-8 F.A.R. 8.1

PROPERTY OVERVIEW

• 25,000 SF site on the corner of Lake Street and Elizabeth

in Chicago’s West Loop neighborhood.

• The site offers a very efficient configuration for office

development: 257’ (Lake Street) x 165’ (Elizabeth Street).

• Potential re-zoning can potentially achieve an 8.1 F.A.R.,

which may permit multi-family above the office use.

• Easy accessibility from new $38 million CTA Morgan

Street Station

Page 11: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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SITE PLAN84’

150’

BUILDING PLAN

Page 12: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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Page 13: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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Page 14: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

14

NEIGHBORHOOD ZONING MAP

The information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. Copyright © 2017 Transwestern.

Page 15: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

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transwestern.com

Who We Are Experience Extraordinary

20160215

We are collaborative entrepreneurs raising the bar on what it means to provide a higher level of service. No matter how much we grow our global reach and resources, our approach to commercial real estate will always be people-driven and client-focused. The way we see it, better is bigger.

BETTER RELATIONSHIPSOur team members go above andbeyond to deliver a higher levelof personalized service − TheTranswestern Experience. Our passionfor our people and their commitmentto our clients is unprecedented. Forus, the deal is not the end of thetransaction; it’s the beginning of along and meaningful relationship.

REPRESENTATIVE CLIENTS

BETTER PLACE TO WORKWe are privately held and guidedby our culture and our values. Webelieve being the best place towork makes us the best place to dobusiness. We continue to grow bycreating extraordinary opportunitiesfor our people, who in turn createextraordinary experiences forour clients.

BETTER COVERAGEOur goal is to be the best providerin the 34 U.S. markets we serve, butour breadth and depth of offeringextends to more than 180 officesin 37 countries through a strategicalliance with BNP Paribas Real Estate.Our more than 2,200 team membersare committed to going above andbeyond for each and every client, inevery market.

We are collaborative entrepreneurs raising the bar on what it means to provide a higher level of service. No matter how much we grow our global reach and resources, our approach to commercial real estate will always be people-driven and client-focused. The way we see it, better is bigger.

BETTER SERVICEWe create value and a unique, cohesive experience for owners and occupiers of all property types through a complete set of service offerings.

AGENCY LEASINGOur specialists are as hyper-focused on building relationships as they are on enhancing value over the life of a client’s project. No matter how much we grow our global resources or market intelligence capabilities, our time-tested approach will always be people-driven and client-focused.

TENANT ADVISORY SERVICESThrough a creative and disciplined approach, our professionals allow clients to realize unexpected value from their real estate. We challenge the conventional approach to commercial real estate because we view each assignment as much more than a transaction − it’s the beginning of a long-term relationship.

MANAGEMENT SERVICESInstitutional owners rely on our operational excellence and proven ability to deliver quantifiable value to commercial properties. This means taking an ownership mentality with our clients’ assets and going above and beyond to deliver the Transwestern Experience.

CAPITAL MARKETSThe trusted advisor in our Structured Finance and Investment Services teams have a broad range of experience and resources, and they work together with the singular focus of creating value and return on investment for private investors, corporations and individual owners.

SUSTAINABILITY SERVICESOur operational and efficiency experts blend passion with an ownership and service mentality. As we continue to grow our capabilities and amass awards, our approach to sustainability will always be people-driven and client-focused.

RESEARCHOur in-house researchers deliver a higher quality of market research and actionable insights, through a thoughtful, considered and personalized approach, they can always be counted on to customize their work to our client’s needs.

2017 Q1 STATISTICS

AGENCY LEASING SERVICES

TENANT ADVISORY SERVICES

MANAGEMENT SERVICES

CAPITAL MARKETSInvestment Services &Structured Finance

1,246 transactions

approximately 7.2 MSF

valued at$759 million

296 transactions

approximately 3.6 MSF

valued at$407 million

approximately 234 MSF

959 projects

66% office29% industrial3% retail2% healthcare

111 transactions

approximately1.18 billion

ABOUT TRANSWESTERN

The information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. Copyright © 2017 Transwestern. 15

Page 16: 13,996 SF AVAILABLE FOR LEASE...Esri forecasts for 2016 and 2021 Situated between Washington Blvd. south to Grand Ave. and I-90/I-94 west to Ogden avenue, the Fulton Market District

16

Thomas Boyle, SIOR847-588-5682

[email protected]

Fred Freeman847-588-5643

[email protected]

For more information visit 201elizabeth.com