4701 n kedzie_package

For Sale$1,300,000 4701 N. KEDZIE AVE 4701 N. Kedzie Ave, Chicago, IL 60625 Presented By: Ben Andrews Offering Highlights 112 S. Sangamon, 2nd Floor Chicago, IL 60607 (312)676-1864 24,000 SF Land Site for Sale on Chicagos ben.andrews@svn.com NW Side Thomas Vincent, Ideal for a Fast Food/Restaurant/Bank/Retail User CCIM 1803 Hicks Rd., Suite D 2,300 SF Former Restaurant Building Rolling Meadows, IL 60008 (847)963-1031 Corner Property Across from Kedzie vincentt@svn.com Brown Line 12/21/2011 All Sperry Van Ness® Offices Independently Owned and Operated.

All materials and information received or derived from Sperry Van Ness, LLC (ScottMaesel)(hereinafter collectively “Sperry Van Ness”), its directors, officers, agents, advisors,affiliates and/or any third party sources are provided without representation or warranty bySperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness ,veracity, or accuracy, condition of the property, compliance or lack of compliance withapplicable governmental requirements, developability or suitability, financial performance of theproperty, projected financial performance of the property for any party’s intended use or anyand all other matters.Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes anyrepresentation or warranty, express or implied, as to accuracy or completeness of the anymaterials or information provided, derived, or received.Materials and information from any source, whether written or verbal, that may be furnished forreview are not a substitute for a party’s active conduct of its own due diligence to determinethese and other matters of significance to such party. Sperry Van Ness will not investigate orverify any such matters or conduct due diligence for a party unless otherwise agreed in writing.EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.Any party contemplating or under contract or in escrow for a transaction is urged to verify allinformation and to conduct their own inspections and investigations including throughappropriate third party independent professionals selected by such party.All financial data should be verified by the party including by obtaining and reading applicabledocuments and reports and consulting appropriate independent professionals. Sperry Van Nessmakes no warranties and/or representations regarding the veracity, completeness, or relevanceof any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor toany party regarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do notnecessarily mean that rents can be established at or increased to that level. Parties mustevaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property.Legal questions should be discussed by the party with an attorney. Tax questions should bediscussed by the party with a certified public accountant or tax attorney. Title questions shouldbe discussed by the party with a title officer or attorney. Questions regarding the condition ofthe property and whether the property complies with applicable governmental requirementsshould be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies.All properties and services are marketed by Sperry Van Ness in compliance with all applicablefair housing and equal opportunity laws.Sperry Van Ness, LLC (Scott Maesel) is independently owned and operated.

4701 N. KEDZIE AVE Executive Summary List Price $1,300,000 Price Per GLA $54.17 Price Per Sq.Ft. $565.22 NOI CAP Building Sq.Ft. 2,300 Land Acres Occupancy. PROPERTY DESCRIPTION4701 N. Kedzie Ave, Chicago, IL 60625 Area The property is located in Albany Park on the Northwest side of Chicago.HIGHLIGHTS Property Former Fast Food Restaurant Building on roughly 24,000 SF of 24,000 SF Land Site for Sale on Chicagos NW Side land. Building currently has a drive-thru and is located at the Ideal for a Fast Food/Restaurant/Bank/Retail User corner of Kedzie and Leland Ave. Ample Parking. It is across the street from the Kedzie Brown Line Station. This property is also 2,300 SF Former Restaurant Building available for Lease. Call Advisors for details. Corner Property Across from Kedzie Brown Line Cross Street Leland Ave Tax Parcel No. 13-13-100-031-0000 Market Chicago Sub Market Year Built 1987 Building Class A Location Class A Zoning Type Signalized Corner Yes Street Frontage No. of Buildings 1 No. of Stories 1 Exclusively Listed By: No. of Tenants No. of Parking Spaces Ben Andrews Thomas Vincent, CCIM Parking Ratio (312)676-1864 (847)963-1031 ben.andrews@svn.com vincentt@svn.com 12/21/2011

FULL PROFILE1990 - 2000 Census, 2010 Estimates with 2015 ProjectionsCalculated using Proportional Block GroupsSperry Van NessLat/Lon: 41.967/-87.708074701 N. Kedzie 0.5 Mile 1 Mile 1.5 MilesChicago, IL This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2010 Estimated Population 26,823 85,394 148,671 POPULATION 2015 Projected Population 27,625 86,308 151,007 2000 Census Population 27,795 87,917 153,291 1990 Census Population 24,833 77,930 138,031 Historical Annual Growth 1990 to 2010 0.4% 0.5% 0.4% Projected Annual Growth 2010 to 2015 0.6% 0.2% 0.3% 2010 Est. Households 7,777 26,779 51,368 HOUSEHOLDS 2015 Proj. Households 7,851 26,645 51,491 2000 Census Households 8,108 27,642 53,115 1990 Census Households 7,537 26,053 50,455 Historical Annual Growth 1990 to 2010 0.2% 0.1% 0.1% Projected Annual Growth 2010 to 2015 0.2% -0.1% - 2010 Est. Population 0 to 9 Years 16.3% 15.2% 14.2% 2010 Est. Population 10 to 19 Years 14.1% 13.5% 12.4% 2010 Est. Population 20 to 29 Years 19.2% 17.7% 16.8% 2010 Est. Population 30 to 44 Years 23.1% 23.3% 23.7% AGE 2010 Est. Population 45 to 59 Years 16.5% 17.3% 18.3% 2010 Est. Population 60 to 74 Years 7.6% 9.0% 9.9% 2010 Est. Population 75 Years Plus 3.3% 4.0% 4.7% 2010 Est. Median Age 29.3 30.9 32.7 MARITAL STATUS 2010 Est. Male Population 53.3% 51.4% 50.6% 2010 Est. Female Population 46.7% 48.6% 49.4% & SEX 2010 Est. Never Married 38.7% 36.5% 35.6% 2010 Est. Now Married 42.5% 42.7% 43.5% 2010 Est. Separated or Divorced 15.1% 16.0% 15.5% 2010 Est. Widowed 3.8% 4.8% 5.4% 2010 Est. HH Income $200,000 or More 3.8% 2.8% 2.9% 2010 Est. HH Income $150,000 to $199,999 2.3% 1.9% 2.4% 2010 Est. HH Income $100,000 to $149,999 8.7% 9.5% 10.5% 2010 Est. HH Income $75,000 to $99,999 10.1% 10.5% 11.2% 2010 Est. HH Income $50,000 to $74,999 16.9% 20.3% 19.6% INCOME 2010 Est. HH Income $35,000 to $49,999 15.7% 16.6% 16.2% 2010 Est. HH Income $25,000 to $34,999 11.6% 11.9% 11.9% 2010 Est. HH Income $15,000 to $24,999 14.4% 12.6% 12.2% 2010 Est. HH Income $0 to $14,999 16.6% 13.9% 13.1% 2010 Est. Average Household Income $69,828 $66,065 $67,642 2010 Est. Median HH Income $43,586 $46,369 $48,359 2010 Est. Per Capita Income $21,126 $21,791 $24,243 2010 Est. Number of Businesses 527 1,695 3,816 2010 Est. Total Number of Employees 3,068 14,398 33,490 ©2011, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2010, TIGER Geography

FULL PROFILE1990 - 2000 Census, 2010 Estimates with 2015 ProjectionsCalculated using Proportional Block GroupsSperry Van NessLat/Lon: 41.967/-87.70807Lat/Lon: 41.967004, -87.70807 0.5 Mile 1 Mile 1.5 Miles This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2010 Est. White Population 53.6% 58.1% 62.0% 2010 Est. Black Population 8.2% 7.3% 6.4% RACE 2010 Est. Asian & Pacific Islander 15.6% 14.7% 14.5% 2010 Est. American Indian & Alaska Native 0.7% 0.7% 0.6% 2010 Est. Other Races Population 22.0% 19.2% 16.5% 2010 Est. Hispanic Population 14,715 41,389 62,102 HISPANIC 2010 Est. Hispanic Population Percent 54.9% 48.5% 41.8% 2015 Proj. Hispanic Population Percent 56.2% 49.9% 43.3% 2000 Hispanic Population Percent 2010 Est. Adult Population (25 Years or Older) 16,180 53,656 97,632 (Adults 25 or Older) 2010 Est. Elementary (0 to 8) 19.2% 15.3% 12.6% EDUCATION 2010 Est. Some High School (9 to 11) 10.3% 9.7% 8.7% 2010 Est. High School Graduate (12) 24.6% 25.0% 24.9% 2010 Est. Some College (13 to 16) 14.5% 15.2% 15.8% 2010 Est. Associate Degree Only 5.1% 5.7% 6.0% 2010 Est. Bachelor Degree Only 16.3% 18.5% 20.6% 2010 Est. Graduate Degree 10.1% 10.6% 11.4% 2010 Est. Total Housing Units 8,639 29,683 56,842 HOUSING 2010 Est. Owner Occupied Percent 29.5% 34.0% 37.5% 2010 Est. Renter Occupied Percent 60.6% 56.2% 52.9% 2010 Est. Vacant Housing Percent 10.0% 9.8% 9.6% HOMES BUILT BY YEAR 2000 Homes Built 1999 to 2000 0.3% 0.3% 0.4% 2000 Homes Built 1995 to 1998 0.7% 1.1% 0.9% 2000 Homes Built 1990 to 1994 0.3% 0.5% 0.6% 2000 Homes Built 1980 to 1989 4.2% 2.6% 2.4% 2000 Homes Built 1970 to 1979 4.6% 4.3% 4.3% 2000 Homes Built 1960 to 1969 8.4% 8.7% 8.8% 2000 Homes Built 1950 to 1959 15.3% 14.5% 15.3% 2000 Homes Built Before 1949 66.3% 67.9% 67.3% 2000 Home Value $1,000,000 or More - - - 2000 Home Value $500,000 to $999,999 1.2% 1.3% 1.4% 2000 Home Value $400,000 to $499,999 7.4% 3.4% 3.5% 2000 Home Value $300,000 to $399,999 18.2% 7.5% 8.4% HOME VALUES 2000 Home Value $200,000 to $299,999 19.5% 25.0% 27.7% 2000 Home Value $150,000 to $199,999 29.6% 36.1% 34.1% 2000 Home Value $100,000 to $149,999 15.7% 21.1% 18.9% 2000 Home Value $50,000 to $99,999 7.8% 4.9% 4.9% 2000 Home Value $25,000 to $49,999 - 0.1% 0.3% 2000 Home Value $0 to $24,999 0.6% 0.5% 0.6% 2000 Median Home Value $231,623 $195,081 $200,030 2000 Median Rent $561 $585 $593 ©2011, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 10/2010, TIGER Geography

FULL PROFILE1990 - 2000 Census, 2010 Estimates with 2015 ProjectionsCalculated using Proportional Block GroupsSperry Van NessLat/Lon: 41.967/-87.70807Lat/Lon: 41.967004, -87.70807 0.5 Mile 1 Mile 1.5 Miles This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2010 Est. Labor: Population Age 16+ 20,406 66,101 117,180 LABOR FORCE 2010 Est. Civilian Employed 61.0% 61.2% 61.9% 2010 Est. Civilian Unemployed 5.8% 6.2% 5.7% 2010 Est. in Armed Forces - - - 2010 Est. not in Labor Force 33.2% 32.7% 32.3% 2010 Labor Force: Males 53.6% 51.2% 50.4% 2010 Labor Force: Females 46.4% 48.8% 49.6% 2000 Occupation: Population Age 16+ 12,469 40,370 73,255 2000 Mgmt, Business, & Financial Operations 6.3% 8.7% 10.3% 2000 Professional & Related 13.7% 16.8% 19.2% OCCUPATION 2000 Service 22.7% 20.6% 18.7% 2000 Sales and Office 23.6% 24.4% 25.3% 2000 Farming, Fishing, and Forestry 0.1% 0.1% - 2000 Construction, Extraction, & Maintenance 10.6% 8.2% 7.7% 2000 Production, Transport, & Material Moving 23.0% 21.3% 18.8% 2000 Percent White Collar Workers 43.6% 49.9% 54.8% 2000 Percent Blue Collar Workers 56.4% 50.1% 45.2% 2000 Drive to Work Alone 42.4% 48.5% 51.3% TRANSPORTATION 2000 Drive to Work in Carpool 19.8% 17.5% 15.8% TO WORK 2000 Travel to Work by Public Transportation 28.7% 25.0% 24.4% 2000 Drive to Work on Motorcycle - - - 2000 Walk or Bicycle to Work 6.3% 6.1% 5.6% 2000 Other Means 1.4% 1.1% 0.8% 2000 Work at Home 1.4% 1.9% 2.1% 2000 Travel to Work in 14 Minutes or Less 9.0% 11.3% 12.0% TRAVEL TIME 2000 Travel to Work in 15 to 29 Minutes 25.2% 25.9% 26.1% 2000 Travel to Work in 30 to 59 Minutes 49.6% 47.9% 48.1% 2000 Travel to Work in 60 Minutes or More 16.2% 14.9% 13.7% 2000 Average Travel Time to Work 34.7 33.9 33.1 2010 Est. Total Household Expenditure $425 M $1.41 B $2.75 B 2010 Est. Apparel $20.8 M $68.6 M $133 M CONSUMER EXPENDITURE 2010 Est. Contributions & Gifts $25.9 M $84.8 M $168 M 2010 Est. Education & Reading $11.7 M $38.0 M $74.7 M 2010 Est. Entertainment $23.5 M $78.1 M $152 M 2010 Est. Food, Beverages & Tobacco $69.5 M $231 M $446 M 2010 Est. Furnishings & Equipment $18.1 M $60.3 M $119 M 2010 Est. Health Care & Insurance $30.5 M $102 M $198 M 2010 Est. Household Operations & Shelter & Utilities $128 M $423 M $823 M 2010 Est. Miscellaneous Expenses $7.14 M $23.9 M $46.5 M 2010 Est. Personal Care $6.25 M $20.7 M $40.3 M 2010 Est. Transportation $84.2 M $282 M $548 M ©2011, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 10/2010, TIGER Geography

AVE AVE RAVE E E E W R AV WR AV MAWR R AV R N MAW N MA W N MA W MA MA 11k BRYN BRYN BRYN BRY BRY BRY 26k Lat: 41.9667 Lon: -87.7085 Zoom: 2.196 mi 14k 16k 33k 17k 1.00 Mile 15k 26k 14k 33k 15k 21k 21k 24k 20k 21k 21k Logos are for identification purposes only and may be trademarks of their respective companies. 12k 21k 19k 18k 33k 19k 15k 19k LAWRENCE AVE LAWRENCE AVE LAWRENCE AVE LAWRENCE AVE LAWRENCE AVE 21k 31k 31k 31k 21k 21k 27k 21k .01 Mile 33k 20k n 33k 21k 6k 33k 21k 8k 26k MONTROSE AVE MONTROSE AVE MONTROSE AVE 18k 18k MONTROSE AVE MONTROSE AVE MONTROSE AVE 21k 19k 19k 17k 24k 39k 26k 42k 18k 18k 21k 21k 18k 47k EL EL EL E E 24k LS LS LS ST ST 48k 48k 48k TO TO TO 48k TO KEDZIE AVE KEDZIE AVE T TO T KEDZIE AVE KEDZIE AVE KEDZIE AVE KEDZIE AVE 48k 48k N NA48k 48k NA N NA 16k AV AV AV AV AV AV E E EE E 19k PU PU PU PU P PU P PU LA LA LA LA LA 41k AS AS AS AS SK KIII K 17k K KII IR RD RD RD RD D D D D 28k ©2011, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved. 4701 N Kedzie Ave Chicago, Illinois Traffic Counts December 2011 Prepared For Sperry Van Ness This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Ben Andrews AdvisorsSp e r r y Va n N e s s Ad v is o r s Ben Andrews serves as a Senior Advisor for Sperry Van Ness LLC, specializing in the leasing and sales of retail properties. During his career, Andrews has represented national, regional and local Retailers in the acquisition of properties, as well as Owners and Landlords in both single site and portfolio disposition and leasing projects. Current and former clients include: Citibank, Cricket Communications, Steak ‘n Shake, Famous Dave’s BBQ, Epic Burger, Marbles: The Brain Store, Caribou Coffee, Westwood Financial and many more. With 10 years of Commercial Real Estate experience, Ben joined Sperry Van Ness LLC in 2009, after working with SRS Real Estate Partners (The Staubach Company/Staubach Retail) from 2006 – 2009 and serving as Director of Real Estate with ACA Financial, LLC from 2004 – 2006. Ben is focused on servicing his existing clients, as well as sourcing and providing representation to new clients. His market expertise is both local and regional, giving his clients coverage in Downtown Chicago and all Illinois suburban retail markets. Ben has a B.A. in Political Science from Trinity College (Hartford, CT), and lives in the Lincoln Park neighborhood of Chicago with his wife, Nora. Ben AndrewsSenior AdvisorSperry Van Ness All Sperry Van Ness® Offices Independently Owned and Operated.

Thomas Vincent, CCIM AdvisorsSp e r r y Va n N e s s Ad v is o r s Tom Vincent, CCIM serves as a Managing Director for Sperry Van Ness, specializing in the sale of shopping centers and net leased properties nationwide. He also sells industrial, office and multifamily properties in Chicago and the Midwest. With over 35 years of experience, Vincent has secured over 300 transactions with a sales volume valued at over $360 million in the last nine years including numerous 1031 exchange transactions. Prior to joining Sperry Van Ness, Vincent operated Sentinel Realty Advisors, Inc. for more than five years. He owned and operated Fidelity Mortgage & Investment Corp.for over 20 years specializing in brokerage of commercial loans for all property types. He served as president and COO of Union Realty Mortgage Company and Senior Vice President HIC of Florida, a subsidary of Chase Manhattan Bank where he was instrumental in liquidating a $250MM portfolio of distressed assets. Vincent earned the CCIM designation in 1997 and is the past president (2004) of the Illinois Chapter of CCIM and a member of the International Council of Shopping Centers. Since 1991 Vincent has served as chairman of the Plan Commission for the City of Rolling Meadows, Illinois. He earned his bachelors degree in banking and finance from the University of North Texas. Pam Vincent, CPA assists in the operation. Thomas Vincent, CCIMManaging DirectorSperry Van Ness All Sperry Van Ness® Offices Independently Owned and Operated.

4701 n kedzie_package

by Sentinel Realty Advisors on Dec 26, 2011

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