CHICAGO NORTH SHORE RETAIL INVESTMENT

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1 SALE OVERVIEWVIEW SALE PRICE: $1,585,000 CAP RATE: 7.48% NOI: $118,505 LOT SIZE: BUILDING SIZE: 7,100 SF 7,100 SF YEAR BUILT: 1930 RENOVATED: 2007 C2 - General Retail ZONING: Commercial / Retail Overlay MARKET: SUB MARKET: North Suburban Winnetka PROPERTY DESCRIPTION SVN Chicago Commercial is pleased to present an opportunity to acquire this beautiful, recently rehabbed, fully leased multi-tenant retail property in tony Winnetka, Illinois Green Bay Road is superbly located in the heart of the Hubbard Woods section of Winnetka. The tenant roster includes E Street Denim, M Mint Furniture, and Balance in Motion Pilates Studio, all of whom are long term tenants of the property. This asset benefits greatly from its location on a major north/south thoroughfare through Chicago's north shore suburbs, its close proximity (only 1 block) to the Winnetka-Hubbard Woods Metra commuter rail station, and all the high quality nearby retail tenants, which include Walgreens, Binny's Beverage Depot, Material Possessions, Graeter's Ice Cream, Pagoda Red, Kyoto Sushi & Once Upon a Bagel, all within the immediate trade area. The property has a history of full occupancy. This investment opportunity is fully leased and is being offered at a 7.48% CAP rate on in-place income. LOCATION OVERVIEWVIEW Located in the heart of the Hubbard Woods area of Winnetka, just north of Tower Road on Green Bay Road. High traffic/ high visibility on this major north/south commercial route. Steps from the Metra Hubbard Woods station and municipal parking lot. Immediate area tenants include Pagoda Red, Walgreens, McDonalds, Graeter's Ice Cream, Material Possessions, Marigolds, Once Upon A Bagel & Binny's Beverage Depot. Incredible Demographics with an Average nearby Household income of over $300,000/yr and average home values of nearly $1 Million.

2 PROPERTY HIGHLIGHTS High profile retail property in Winnetka, IL Approx. 7,100 SF property Great visibility on heavily trafficked Green Bay Road 100% occupied with long term tenants 3 existing tenants include E Street Denim, M Mint Furniture, & Balance in Motion Pilates Recently renovated with new mechanicals Three car parking in the rear Fantastic location - only 1 block to Metra station and proximate to many high quality retailers, designers, and eateries 2017 Scheduled NOI of $118,505 Offered at a 7.48% CAP rate on in-place income

3 PROPERTY NAME: PROPERTY ADDRESS: PROPERTY TYPE: Chicago North Shore Retail Investment Green Bay Road Winnetka, IL Retail APN: PRICE / SF: $ GROSS LEASABLEABLE AREA: BUILDING CLASS: ZONING: SF A C2 - General Retail Commercial / Retail Overlay YEAR BUILT: 1930 YEAR RENOVATED: 2007 NUMBER OF STORIES: 1 FOUNDATION: WALLS: ADDITIONAL INFORMATION: Concrete Brick and drywall 2007 Mechanical Renovation includes: - New 800-amp, 3 phase Electrical Service - New Rubber Bitumen Roof w/ Silver Oxide Coating and R-50 insulation - New Copper Plumbing - New HVAC units

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5 Green Bay Road

6 FOR SALE RETAIL WAYNE C CAPLAN APLAN svnchic vnchicago. ago.c com

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8 Building Site Plan

9 1 BALANCE IN MOTION FLOOR PLAN Floor Plan Information

10 INVESTMENT OVERVIEWVIEW 2017 SCHEDULED FINANCIALS Price $1,585,000 Price per SF $ CAP Rate 7.5% Cash-on-Cash Return (yr 1) 7.48 % Total Return (yr 1) $118,505 Debt Coverage Ratio - OPERATING DATA 2017 SCHEDULED FINANCIALS Gross Scheduled Income $189,837 Gross Income $189,837 Operating Expenses $71,332 Net Operating Income $118,505 Pre-Tax Cash Flow $118,505

11 INCOME SUMMARY 2017 SCHEDULED FINANCIALS E Street Denim $72,162 Balance in Motion $62,564 M Mint $55,110 GROSS INCOME $189,836 EXPENSE SUMMARY 2017 SCHEDULED FINANCIALS Alarm Monitoring $956 Repair and Maintenance $1,081 Plumbing $46 General Cleaning $3,600 Insurance $4,553 Common Electric $696 Gas $417 Management (3%) $5,695 Reserves ($0.15/sf) $1,065 RE Taxes (2016 paid in 2017) $51,404 Water $819 Sewer $250 Janitorial Supplies $750 GROSS EXPENSES $71,332 NET OPERATING INCOME $118,505

12 TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START LEASE END ANNUALAL RENT % OF GLA PRICE PER SF/YR M Mint 906 1,480 2/1/2013 2/28/2019 $55, $37.24 Balance in Motion 906 A 3,100 10/29/14 10/31/2020 $62, $20.18 E Street Denim 908 1,850 1/1/2013 2/28/2019 $72, $39.01 Totals/Averages 6,430 $189,837 $29.52 Notes: 1. M Mint has one, two-year option when their current lease term ends in 2019, with 3% annual increases during current lease term and options. 2. Balance in Motion has one, three-year option when their lease ends in 2020, with 3% annual increases during current lease term and options. They have recently exercised a new two-year option. 3. E Street Denim has one, two-year option when their current lease ends in 2019 with a 3.5% bump from , and a 3% bump during the option period.. They have recently executed a new two-year option.

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14 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 6,207 42, ,918 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 2,101 14,821 51,969 # OF PERSONS PER HH AVERAGE HH INCOME $301,019 $259,683 $182,060 AVERAGE HOUSE VALUE $973,923 $836,317 $691,179

15 1 MILE 3 MILES 5 MILES Total households 2,101 14,821 51,969 Total persons per hh Average hh income $301,019 $259,683 $182,060 Average house value $973,923 $836,317 $691,179 1 MILE 3 MILES 5 MILES Total population 6,207 42, ,918 Median age Median age (male) Median age (female) * Demographic data derived from 2010 US Census

16 908 Green Bay Rd, Winnetka, IL , Cook County Demographics Based on ZIP Code: Population Summary Estimated Population: 19,985 Population Growth (since 2010): 2.3% Population Density (ppl / mile): 2,348 Median Age: Household Number of Households: 7,096 Household Size (ppl): 3 Households w/ Children: 2,839 Age Gender Marital Status Housing Summary Median Home Sale Price: $802,500 Median Year Built: 1955 Stability Annual Residential Turnover: 9.53% Courtesy of Wayne Caplan, Midwest Real Estate Data, LLC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Neighborhood Profile Generated on 04/05/2017 Page 1 of 5

17 Occupancy Fair Market Rents (County) Quality of Life Workers by Industry Workforce Agricultural, Forestry, Fishing: 36 Construction: 730 Manufacturing: 506 Transportation and Communications: 113 Wholesale Trade: 165 Retail Trade: 1,616 Finance, Insurance and Real Estate: 669 Services: 1,384 Public Administration: 837 Unclassified: 41 Household Income Average Household Income: $259,522 Average Per Capita Income: $92,363 Courtesy of Wayne Caplan, Midwest Real Estate Data, LLC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Neighborhood Profile Generated on 04/05/2017 Page 2 of 5

18 Commute Method Weather January High Temp (avg F): 30.2 January Low Temp (avg F): 13.7 July High Temp (avg F): 83.2 July Low Temp (avg F): 62.5 Annual Precipitation (inches): 36.8 Education Educational Climate Index (1) Highest Level Attained Less than 9th grade: 82 Some High School: 134 High School Graduate: 727 Some College: 1,097 Associate Degree: 266 Bachelor's Degree: 5,033 Graduate Degree: 5,396 (1) This measure of socioeconomic status helps identify ZIP codes with the best conditions for quality schools. It is based on the U.S. Census Bureau's Socioeconomic Status (SES) measure with weights adjusted to more strongly reflect the educational aspect of social status (education 2:1 to income & occupation). Factors in this measure are income, educational achievement and occupation of persons within the ZIP code. Since this measure is based on the population of an entire ZIP code, it may not reflect the nature of an individual school. (2) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright 2014 Onboard Informatics. All rights reserved. Schools Radius: 2 mile(s) Public - Elementary Glencoe SD 35 Distance Grades Students South Elementary School 266 Linden Ave 0.65 K-2nd Winnetka SD 36 Distance Grades Students Hubbard Woods Elementary School 1110 Chatfield Rd The Skokie School 520 Glendale Ave Crow Island Elementary School 1112 Willow Rd Greeley Elementary School 275 Fairview Ave 0.15 K-4th th-6th K-4th K-4th Students per Teacher Students per Teacher SchoolDigger.com Rating (1) SchoolDigger.com Rating (1) Community Rating (2) Community Rating (2) Courtesy of Wayne Caplan, Midwest Real Estate Data, LLC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Neighborhood Profile Generated on 04/05/2017 Page 3 of 5

19 Public - Middle/High Glencoe SD 35 Distance Grades Students Central School 620 Greenwood Ave th-8th New Trier Twp Hsd 203 Distance Grades Students New Trier Township H S Winnetka 385 Winnetka Ave 2 10th-12th 3, Winnetka SD 36 Distance Grades Students The Skokie School 520 Glendale Ave Carleton W Washburne School 515 Hibbard Rd th-6th th-8th Students per Teacher Students per Teacher Students per Teacher SchoolDigger.com Rating (1) SchoolDigger.com Rating (1) SchoolDigger.com Rating (1) Community Rating (2) Community Rating (2) Community Rating (2) Private Sacred Heart School 1095 Gage St North Shore Country Day School 310 Green Bay Rd Hyde Park Day School-North 1980 Old Willow Rd Distance Grades Students Classrooms 0.08 Pre-K-8th K-12th Pre-K-8th st-8th 55 Community Rating (2) (1) SchoolDigger Ratings provide an overview of a school's test performance. The ratings are based strictly on test score performance for that state's standardized tests. Based on a scale of 1-5. ( SchoolDigger.com) (2) The community rating is the overall rating that is submitted by either a Parent/Guardian, Teacher, Staff, Administrator, Student or Former Student. There will be only one rating per school. Based on a scale of 1-5. (3) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright 2014 Onboard Informatics. All rights reserved. Local Businesses Radius: 1.00 mile(s) Attractions - Recreation Address Phone # Distance Description Fitness Warehouse 948 Green Bay Rd (773) Health Clubs And Spas Body & Sole 931 Green Bay Rd (847) Dancing Instruction Pilates Barre 906 Green Bay Rd # A (847) Pilates Grace Nails 1007 Green Bay Rd (847) Health Spas Winnetka Community House 620 Lincoln Ave (847) Health Clubs Studios And Gymnasiums Automotive Services Address Phone # Distance Description Winnetka Bp 1025 Tower Rd (847) Service Stations Savocchi Glass Inc 844 Spruce St (847) Auto Glass And Windows Banks - Financial Address Phone # Distance Description Winnetka Bp 1025 Tower Rd (847) Automated Teller Machines Private Bank 1000 Green Bay Rd (847) Banks Bank Of America 1010 Green Bay Rd (847) Banks Chase Bank 45 Green Bay Rd (847) Banks Chase Bank Atm 63 Green Bay Rd (847) Automated Teller Machines Eating - Drinking Address Phone # Distance Description Panera Bread 940 Green Bay Rd (847) Restaurants - Deli Boris' Cafe 972 Green Bay Rd (847) Restaurants - American Once Upon A Bagel Winnetka 1050 Gage St # A (847) Restaurants - Bakery Kyoto Sushi Japanese Rstrnt 1062 Gage St (847) Restaurants - Japanese O'neil's 1003 Green Bay Rd (847) Restaurants Courtesy of Wayne Caplan, Midwest Real Estate Data, LLC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Neighborhood Profile Generated on 04/05/2017 Page 4 of 5

20 Government - Public Address Phone # Distance Description Ups Store 1001 Green Bay Rd (847) Post Offices US Post Office 512 Chestnut St (847) Post Offices Winnetka Public Library 768 Oak St (847) Libraries - Public Winnetka-Northfield Lbrry Dist 768 Oak St (847) Libraries - Public Health Care Services Address Phone # Distance Description Garcia Medical Ctr 1039 Fisher Ln (847) Hospitals Face Forward A Medical Spa 542 Lincoln Ave (847) Medical Spas Organizations - Associations Address Phone # Distance Description Fitness Warehouse 948 Green Bay Rd (773) Clubs Sacred Heart Catholic Church 905 Burr Ave (847) Churches Sacred Heart Catholic Church 1095 Gage St (847) Churches Chicago Scene 1001 Green Bay Rd # 224 (312) Clubs Strength Club & Super Slow 1013 Tower Ct (847) Clubs Personal Services Address Phone # Distance Description North Shore Shoe Clinic 1049 Tower Rd (847) Shoe And Boot Repairing Girlfriends 1041 Tower Rd (847) Manicuring Bale Piano & Music Studio 911 Green Bay Rd (847) Music Instruction Aaron Master Custom Tailor 904 Green Bay Rd (224) Tailors Michael's Shoe Repair 900 Green Bay Rd (847) Shoe And Boot Repairing Shopping Address Phone # Distance Description Fitness Warehouse 948 Green Bay Rd (773) Exercise Equipment - Retail America's Fitness Warehouse 948 Green Bay Rd (217) Exercise Equipment - Retail Wisthoff's Fitness Warehouse 948 Green Bay Rd (847) Exercise Equipment - Retail Beat Street 930 Green Bay Rd (847) Gift Shops Knightsbridge Antiques 928 Green Bay Rd (847) Antiques - Dealers Travel Address Phone # Distance Description Metra Metropolitan Rail 1065 Gage St (847) Railroads O'hare Limousine 73 Green Bay Rd (847) Limousine Service Union Pacific Railroad Co 754 Elm St (847) Railroads (1) Powered BY Onboard Informatics. Information IS deemed reliable but NOT GUARANTEED. Copyright 2014 Onboard Informatics. ALL rights reserved. Courtesy of Wayne Caplan, Midwest Real Estate Data, LLC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Neighborhood Profile Generated on 04/05/2017 Page 5 of 5

21 Wayne Caplan SVN Chicago Commercial Memberships & Affiliations Present - Member - International Council of Shopping Centers (ICSC) Present - Member - National Association of Realtors (NAR) Present - Member - Illinois Association of Realtors (IAR) Present - Member - Chicago Association of Realtors (CAR) Present - Member - Psi Upsilon Fraternity - Delta Chapter - New York University Member - Beth Hillel Congregation Bnai Emunah - Wilmette, IL Member - Board of Directors - The Near South Planning Board, Chicago, IL Phone: Fax: Address: 940 West Adams Street, Suite 200 Chicago, IL Wayne Caplan is a for SVN Chicago Commercial, specializing in the sale and leasing of retail, investment and development properties. He has participated in commercial property transactions in excess of $500 million including many high profile transactions in the Chicago area. Wayne recently achieved SVN's prestigious Partner's Circle status for both 2014 & 2016, and was ranked number 23 & 26 respectively, among all SVN advisors nationally in gross commission volume. He also was awarded both a Platinium and Gold Commercial Real Estate Award from the Chicago Association of Realtors for excellence in sales and leasing volume for 2014 and a Platinum award in 2016 for retail sales volume. Wayne s clients range from small individual investors to large regional and national lending institutions, as well as REITs, life insurance companies, and national mixed-use developers. Additional Awards and Recognitions include being named Rookie of the Year for Inland Real Estate Sales in 2000, a top producer at Sheldon Good & Company for six years, and being among the top ten percent nationally of all SVN advisors in gross commission volume for the past nine years. Active in advocacy for the commercial real estate industry, Wayne has served as the Council Chair of Political and Regulatory Affairs for SVN. Wayne is a longtime member of the International Council of Shopping Centers (ICSC). He also served for many years on the Chicago Association of Realtors (CAR) Commercial Forum committee, of which he was the 2006 Committee Chair and has served on the prestigious Board of Directors of the 11,000+ member organization from Wayne has also served on the Commercial Committee for the Illinois Association of Realtors (IAR) and has served as a member of the National Association of Realtors (NAR) board of directors and on both it s Commercial and Commercial Legislative & Regulatory Committees. Wayne currently serves on the ICSC Government Relations Committee for Illinois. He is also active in several Chicago neighborhood groups, and serves on the Board of Directors for The Near South Planning Board in Chicago, and Beth Hillel Congregation Bnai Emunah in Wilmette. Wayne is a contributor to charities such as the American Red Cross, The Jewish United Fund and Streetwise. Wayne lives in Glenview, IL with his wife and two sons. Specialties: Investment Sales, Landlord Representation, Land and Development Consulting