NelsonHill Creating Maximum Value in Real Estate

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1 NelsonHill Creating Maximum Value in Real Estate INVESTMENT SALE OFFERING THE WEST TOWN COLLECTION Chicago, IL

2 INVESTMENT SALE OFFERING 12 The West Town Collection NelsonHill is pleased to present the West Town Collection, consisting of fourteen (14) newly constructed retail condos, eleven of which are occupied. At a combined total of 17,093 SF of retail space, the portfolio is anchored by units in the heart of Bucktown, Wicker Park and Noble Square NUMBER OF PROPERTIES 14 TOTAL + 17,093 RSF SUBJECT PROPERTIES PIN(S) , , , , , , , , W. North Ave. Chicago, IL Unit Size: + 1,400 SF Zoning: B1-2 Income: $29,664.00* W. Chicago Ave. Chicago, IL Unit Size: SF Zoning: B1-2 Income: $21,936.00* W. Chicago Ave. Chicago, IL Unit Size: SF Zoning: B1-2 Income: $25,132.72* , , , , , ZONING B1-2, B3-2, B3-3, B3-4, C TOTAL TAXES $89, CURRENT ANNUAL GROSS INCOME $310, W. Chicago Ave. Chicago, IL Unit Size: SF Zoning: B1-2 Income: $25,132.72* 1866 N. Damen Ave. Unit Size: + 1,400 SF Zoning: B3-3 Income: $39,690.00* N. Damen Ave. Unit Size: + 1,200 SF Zoning: B3-2 Income: $18,000.00* N. Damen Ave. Unit Size: + 1,250 SF Zoning: B3-3 Income: $44,562.00* N. Damen Ave. Unit Size: + 1,400 SF Zoning: B3-3 Income: $43,758.24* 2847 N. Pulaski Rd., #CN Chicago, IL Unit Size: + 1,200 SF Zoning: B3-2 Income: $28,800.00* PRO FORMA ANNUAL GROSS INCOME $477, CURRENT NOI PRO FORMA NOI $221, (8.89% CAP) $388, (15.5% CAP) N. Pulaski Rd., #CS Chicago, IL Unit Size: + 1,200 SF Zoning: B3-2 Income: $12,000.00* N. Harlem Ave. Chicago, IL Unit Size: + 1,200 SF Zoning: B3-2 Income: $22,200.00* N. Damen Ave. Unit Size: + 2,200 SF Zoning: B3-3 Income: $55, ASKING PRICE $2,500, All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of price or terms without notice W. Armitage Ave. Unit Size: + 1,000 SF Zoning: B3-2 Income: $20, N. Ashland Ave. Chicago, IL Unit Size: + 1,000 SF Zoning: B1-2 Income: $27, * Current gross income + Projected gross income 4 property description

3 W. Peterson North Avenue 1747 W. North Avenue, Unit 1 is a 1,400 RSF retail space that is currently leased by the Level Vape. The property is located in the Wicker Park, Chicago neighborhood and is zoned C ,400 RSF WICKER PARK ZONING B1-2 PIN(S) TAXES $2, ($1.65 PSF) CURRENT GROSS INCOME: $29,664 W. NORTH AVE. N. WOOD ST. PROJECTED GROSS INCOME $42, CURRENT LEASE THROUGH 11/31/ W. North Ave. Streetview 1747 W. North Ave. Aerial W. Chicago W. North Avenue 1400 W. Chicago Avenue, Unit 1 is an 803 RSF, retail space that is currently leased by Chicago Cleaners. The property is located in the West Town, Chicago neighborhood and is zoned B RSF NOBLE SQUARE W. CHICAGO AVE. N. NOBLE ST. ZONING B1-2 PIN(S) TAXES $7,023 ($8.75 PSF) CURRENT GROSS INCOME: $21,936 PROJECTED GROSS INCOME $24, CURRENT LEASE THROUGH 01/31/ W. Chicago Ave. Streetview 1400 W. Chicago Ave. Aerial

4 W. Peterson Chicago Avenue 1404 W. Chicago Avenue, Unit 1 is a 920 RSF retail space that is currently leased by ZaZaZoo Nail Salon. The property is located in the Noble Square, Chicago neighborhood and is zoned B RSF NOBLE SQUARE W. CHICAGO AVE. N. NOBLE ST. ZONING B1-2 PIN(S) TAXES $7, ($8.02 PSF) CURRENT GROSS INCOME: $25, PROJECTED GROSS INCOME $27, CURRENT LEASE THROUGH 03/31/ W. Chicago Ave. Streetview 1404 W. Chicago Ave. Aerial W. Chicago W. North Avenue 1406 W. Chicago Avenue, Unit 1 is a 920 RSF retail space that is currently leased by the law firm, Fogarty & Fugate. The property is located in the Noble Square, Chicago neighborhood and is zoned B RSF NOBLE SQUARE W. CHICAGO AVE. N. NOBLE ST. ZONING B1-2 PIN(S) TAXES $8, ($8.89 PSF) CURRENT GROSS INCOME: $25, PROJECTED GROSS INCOME $27, CURRENT LEASE THROUGH 03/31/ W. Chicago Ave. Streetview 1400 W. Chicago Ave. Streetview

5 W. N. Peterson Damen Avenue 2040 N. Damen Avenue is a 1,200 RSF retail space that is currently leased by Noah Properties. The property is located in the Bucktown, Chicago neighborhood and is zoned B ,200 RSF BUCKTOWN ZONING B3-2 PIN(S) TAXES $8, ($6.72 PSF) CURRENT GROSS INCOME: $18, PROJECTED GROSS INCOME $36, CURRENT LEASE THROUGH 09/01/ N. Damen Ave. Streetview 2040 N. Damen Ave. Streetview N. Damen W. North Avenue 1864 N. Damen Avenue is a 1,400 RSF retail space that is currently leased by Vamoose Tattoo Removal. The property is located in the Bucktown, Chicago neighborhood and is zoned B ,400 RSF BUCKTOWN ZONING B3-3 PIN(S) TAXES $5, ($4.18 PSF) W. MOFFAT ST. N. DAMEN AVE. CURRENT GROSS INCOME: $43, PROJECTED GROSS INCOME $42, CURRENT LEASE THROUGH 08/31/ N. Damen Ave. Streetview 1864 N. Damen Ave. Aerial

6 W. N. Peterson Damen Avenue 1866 N. Damen Avenue is a 1,400 RSF retail space that is currently leased by Roque Salon/The Lash Spot. The property is located in the Bucktown, Chicago neighborhood and is zoned B ,400 RSF BUCKTOWN ZONING B3-3 PIN(S) W. MOFFAT ST. N. DAMEN AVE TAXES $7, ($5.07 PSF) CURRENT GROSS INCOME: $39, PROJECTED GROSS INCOME $42, CURRENT LEASE THROUGH MONTH-TO-MONTH 1866 N. Damen Ave. Streetview 1866 N. Damen Ave. Aerial N. Damen W. North Avenue 1870 N. Damen Avenue is a 1,250 RSF retail space that is currently leased by Havlan & West. The property is located in the Bucktown, Chicago neighborhood and is zoned B ,250 RSF BUCKTOWN ZONING B3-3 PIN(S) W. MOFFAT ST. N. DAMEN AVE TAXES $7, ($5.68 PSF) CURRENT GROSS INCOME: $44, PROJECTED GROSS INCOME $44, CURRENT LEASE THROUGH 12/28/ N. Damen Ave. Streetview 1870 N. Damen Ave. Aerial

7 W. N. Peterson Pulaski Avenue, Unit CN 2847 N. Pulaski Avenue, Unit CN is a 1,200 RSF retail space that is currently leased by the company, Platinum Fades. The property is located in the Avondale, Chicago neighborhood and is zoned B ,200 RSF AVONDALE W. GEORGE ST. ZONING B3-2 PIN(S) TAXES $4, ($3.65 PSF) N. PULASKI RD. CURRENT GROSS INCOME: $28,800 PROJECTED GROSS INCOME $30,000 CURRENT LEASE THROUGH 12/31/ N. Pulaski Ave. #CN, Streetview 2847 N. Pulaski Ave. #CN, Aerial N. Pulaski W. North Avenue, Unit CS 2847 N. Pulaski Avenue, Unit CS is a 1,200 RSF retail space that is currently leased by Artur Climate Control. The property is located in the Avondale, Chicago neighborhood and is zoned B ,200 RSF AVONDALE W. GEORGE ST. ZONING B3-2 PIN(S) TAXES $3, ($3.06 PSF) N. PULASKI RD. CURRENT GROSS INCOME: $12, PROJECTED GROSS INCOME $30, CURRENT LEASE THROUGH MONTH-TO-MONTH 2847 N. Pulaski Ave. #CS, Streetview 2847 N. Pulaski Ave. #CS, Aerial

8 W. N. Peterson Harlem Avenue 3022 N. Harlem Avenue is a 1,200 RSF retail space that is currently leased by Northwest Home Equity Assurance. The property is located in the Belmont Heights, Chicago neighborhood and is zoned B ,200 RSF BELMONT HEIGHTS ZONING B3-2 PIN(S) TAXES $6, ($5.48 PSF) CURRENT GROSS INCOME: $22, PROJECTED GROSS INCOME $30, CURRENT LEASE THROUGH 07/31/ N. Harlem Ave. Streetview 3022 N. Harlem Ave. Streetview N. Damen W. North Avenue 2138 N. Damen Avenue, Unit B is a 2,200 RSF retail space that is currently vacant. The property is located in the Bucktown, Chicago neighborhood and is zoned B ,200 RSF BUCKTOWN ZONING B3-3 PIN(S) TAXES $14, ($6.77 PSF) CURRENT GROSS INCOME: VACANT PROJECTED GROSS INCOME $55, N. Damen Ave. Streetview 2138 N. Damen Ave. Rear Streetview

9 W. Peterson Armitage Avenue Avenue 3107 W. Armitage Avenue is a 1,000 RSF retail space that is currently vacant. The property is located in the Logan Square/Palmer Square, Chicago neighborhood and is zoned B ,000 RSF LOGAN SQUARE/PALMER SQUARE ZONING B3-2 PIN(S) TAXES $14, ($14.01 PSF) CURRENT GROSS INCOME: VACANT PROJECTED GROSS INCOME $20, W. Armitage Ave. Streetview 3107 W. Armitage Ave. Aerial N. Ashland W. North Avenue 945 N. Ashland Avenue is a 1,000 RSF retail space that currently vacant. The property is located in the Noble Square, Chicago neighborhood and is zoned B ,000 RSF NOBLE SQUARE ZONING B1-2 PIN(S) TAXES $5, ($5.98 PSF) CURRENT GROSS INCOME: VACANT PROJECTED GROSS INCOME $27, N. Ashland Ave. Streetview 945 N. Ashland Ave. Streetview

10 CONTACT US MARK A. NELSON, SIOR Principal MICHAEL J. CONWAY Vice President contact us

NelsonHill Creating Maximum Value in Real Estate

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