2744 N. Southport Ave., Chicago, IL 60614...2744 N. Southport Ave., Chicago, IL 60614 5 Year Cash Flow Projection ... Artic White Painted Finish in Shaker style doors (source: Builders

2744 N. Southport Ave., Chicago, IL 606145 Year Cash Flow Projection8/23/2017

Monthly Projection Projection Projection Projection Projection2017 2018 2019 2020 2021

Rental Revenue2744 N. Southport 11,800$ 141,600 145,848 150,223 154,730 159,372

Total Rental Revenue 141,600 145,848 150,223 154,730 159,372 Vacancy 5.00% (7,080) (7,292) (7,511) (7,737) (7,969)

Net Revenues 134,520 138,556 142,712 146,994 151,403

Operating ExpensesManagement/Leasing Fee 5.00% 6,726 6,928 7,136 7,350 7,570 Insurance 3,000 3,090 3,183 3,278 3,377 Real Estate Taxes 14,888 19,944 25,000 25,750 26,523 Utilities 720 742 764 787 810 Repaires & Maintenance 150 155 159 164 169 Capital Reserves 450 450 450 450 450

Total Operating Expenses 25,934 31,308 36,691 37,779 38,898

Net Operating Income 108,586 107,248 106,021 109,215 112,505 CAP Rate 5.30% 5.23% 5.17% 5.33% 5.49%Gross Rent Multiplier 14.47 14.05 13.64 13.24 12.86

Debt Service 87,209 87,209 87,209 87,209 87,209

Net Income 21,377 20,039 18,812 22,006 25,296

Cash on Cash Return 3.5% 3.3% 3.1% 3.6% 4.1%Cash on Cash w/ Principal Pay Down 7.2% 7.2% 7.2% 7.9% 8.6%

DSCR 1.25 1.23 1.22 1.25 1.29

Unit Mix Beds Baths Units $/SFT Rent Total2744 N. Southport

Unit 1 4 2.5 1 1.77$ 4,600$ 55,200$ Unit 2 2 2 1 3.00$ 3,300$ 39,600$ Unit 3 2 2 1 3.12$ 3,900$ 46,800$

8 6.5 3 7.89$ 11,800$ 141,600$

IRR Calculation Year 0 Year 1 Year 2 Year 3 Year 4 Year 5Cash Flows (614,700) 21,377 20,039 18,812 22,006 25,296 Sale 2,142,953 Sale Expense (85,718) Debt Payoff (1,305,114)

Levered IRR Totals (614,700) 21,377 20,039 18,812 22,006 777,418

Unlevered IRR Totals (2,049,000) 108,586 107,248 106,021 109,215 2,169,740

Equity Multiple 1.27 Levered IRR 7.34%Unlevered IRR 5.37%

Purchase Price 2,049,000$ Operating AssumptionsDebt 70.0% 1,434,300$ Rental Revenue Growth 3.00%Amortizing Term 30 Expense Growth 3.00%Rate 4.50% Real Estate Tax Growth 3.00%Equity 614,700$ Terminal CAP Rate 5.25%

2744 N Southport 1

Buyer________________________________ Date______________ 2/22/16 v2 Seller_____________________________ Date____________

KITCHENCABINETS

Upper

Fridge Cabinet

Base

Island

Cabinet Hardware

Under Cabinet LightingFaucet

Sink

Disposal

COUNTERTOP

Countertop

BACKSPLASH

Developer's various size options

APPLIANCES

Refrigerator

Range (Unit 1)

Range (Unit 2 & 3)

Hood (Unit 1)

Hood (Unit 2 & 3)

Microwave

`Dishwasher

Beverage Center

Washer

Dryer

Fireplace Ventless Gas Fireplace with mantel

Artic White Painted Finish in Shaker style doors (source: Builders Cabinets)

24" Danby Beverage Center, Model #DBC514BLS

FIREPLACE

LED lighting to be installed under wall cabinets.

LG White Front Load Steam Washer, Model #WM3670HWH

LG 7.4 Cu. Ft. White Ultra Latge Capacity Gas Dryer, Model #DLGX3371WH

Grohe Joliette, Single Lever Faucet Polished Chrome, Model#30210000

Single Bowl, Rectangular, Stainless Steel Undermount

1/3" Horsepower

Wolf 36" Six Buner Gas in Stainless Steel, Model # GR366

Best 28" Stainless Steel 600 CFM Velato Range Hood, Model# P195P1M70SB6

2744 N Southport

Artic White Painted Finish in Shaker style doors with "L"-shaped Molding (Unit 1 &2) and Crown Molding (Unit 3) Unit 1 & 3 will have stacked upper cabinets with glass doors. Unit 2 stacked uppers in solid Shaker door (source: Builders Cabinets)



Buyer's Choice of Mosaic, Ceramic or Porcelain tile from Developer’s selection options, laid straight or in a brick pattern, vertical or horizontal, installed to the bottom of the upper cabinets and the hood. Allowance up to $12.00 per square foot. (source: Home Carpet One)

Specifications subject to change pending availability of materials, completion of framing, door & window installation and/ or for mechanical & structural purposes

1 1/4" Statuarito Quartz with Square polished edge and 8" - 10" breakfast bar overhang on the island. (source: Interiors of Stone)

Sub Zero 36” Stainless Steel Refrigerator, Model #BI-36UFD/S/PH

Wolf 30" Four Buner Gas in Stainless Steel, Model # GR304

Thermador Professional Series Stainless Steel Built In Microwave Oven, Model #MBES

Zephyr 36" Stainless Hood One Piece Liner, Model #AK9434AS

Bosch 24" 800 Series Built-In Stainless Steel Dishwasher, Model #SHE68T55UC

LAUNDRYStackable (Units 1 and 3) Side by Side Unit 2

Brushed Chrome pulls provided and installed by the Developer

2744 N Southport 2


Wood Mantle with Tile inset

MASTER BATH

Vanity Cabinet (Unit 1 & 3)

Vanity Cabinet (Unit 2)

Vanity Hardware

Countertop

TILE:

Shower Walls

Shower Bench

Shower Threshold

Shower Base

Shower Ceiling

Tub Walls (Unit 1)

Tub Front (Unit 1)

Floor

Faucet

Sinks

Steam Shower

Shower Trim

Shower Door

Tub (Unit 1)

Tub Filler (Unit 1)

Toilet

Mirror

Lighting

Heated Floors

BATHROOMS

Decorative wood mantle painted white with Bianco Carrera Herringbone Mosaic inset. Grout: TEC Dove Gray #908

3" x 9" Bianco Carrara Marble, laid horizontal in a brick pattern, installed to the ceiling.

Maax Built In Tub with tiled Tub Front, Model #101460-103-001 7236

Grohe Fairborn Roman Deck Mounted Tub Filler, Model #25160000, Polished Chrome

Bianco Carrara Hexagon mosaic laid to fit.

12" x 24" Bianco Carrara Marble laid vertical and brick with matching tiled baseboards

(2) Grohe Fairborn Widespread Faucet, Polished Chrome, Model# 20423000, Polished Chrome

Rectangular Undermount, White Sinks

Full Sized Walk In Shower with Bench, equipped with steam unit from Steamist

Grohe Grohtherm 2000 Authentic Shower Valve Trim, Model #19825000, (1) Polished Chrome Hand Held Shower, Model #27142000, Mountain Re-Vive 10" Round Rain Head, Model #MT10-10 CPB, Danze 6-Inch Ceiling Mount Shower Arm, Model# D481316Frameless Clear Glass door with header to ceiling.

Solid Surface floating bench in Carrera Quartz

1 1/4" Statuarito Quartz with Square polished edge and 4" Quartz backsplash. (source: Interiors of Stone)

3" x 9" Bianco Carrara Marble laid horizontal in a brick pattern installed to the ceiling.

Top of threshold is Carrera Quartz solid surface to match countertop

Bianco Carrara Hexagon mosaic laid to fit.

Heated Floors included, excluding the shower base

12" x 24" Bianco Carrara Marble laid horizontal and brick.

Floor Based Double Vanity in Network Gray Painted Finish in Shaker style doors (source: Builders Cabinets)

Floor Based Double Vanity in Artic White Painted Finish in Shaker style doors (source: Builders Cabinets)

Kohler 2 Piece White Toilet, Model #K-3837

Mirror to be full with of vanity framed in matching Cabinet finish. Lighting will be installed on mirror.

Per Lighting Section

Brushed Chrome Pulls provided and installed by the Developer

2744 N Southport 3



Vanity Cabinet (unit 2)


Countertop

TILE:

Tub Walls

Floor

Faucet

Sink

Tub

Tub/Shower Trim

Toilet

Mirror

Lighting

POWDER ROOM (Unit 1)

Vanity Cabinet

Countertop

Floor

Faucet

Sink

Toilet

Mirror

Lighting

FLOORINGHardwood

Radiant Heat Lower Level- Unit 1

Lower Level Flooring- Unit 1

Laundry & Mechanical Closets

1 1/4" Statuarito Quartz with Square polished edge and 4" Quartz backsplash. (source: Interiors of Stone)


4" x 12" Apuano Installed to the ceiling, laid horizontal and brick pattern.

Floating Single Vanity in Artic White Painted Finish with Shaker style doors (source: Builders Cabinets)

Rectangular Undermount, White Sink

Kohler 2 piece white toilet, Model #K-3837

Gerber 2 Piece White Toilet, Model #DF-21-112

Buyer's choice of Porcelain tile, laid straight or in a brick pattern. Allowance up to $4.50 per sq. ft.

12" x 24" Apuano Porcelain laid straight with matching tiled baseboards. Vertical orientation in Unit 1 and Horizontal orientation in Unit 2 & 3.

Double Floor Based Vanity in Espresso Finish with Shaker style doors. (source: Builders Cabinets)

1 1/4" Aravescato Quartz from Developer's with Square polished edge and 4" Quartz backsplash. (source: Interiors of Stone)

3 1/4” Red Oak Floors, laid straight with 1 coat of Dark Walnut stain by Minwax and 2 coats of water based sealer. To be installed throughout units except the following areas- Excludes bathrooms, laundry area, mechanical closets and lower level of Unit 1

Grohe Fairborn Widespread Faucet, Polished Chrome, Model# 20423000, Polished Chrome

Grohe Fairborn Single Handle Faucet, Polished Chrome, Model #23399000

Rectangular Undermount, White Sink

Maxx 5' Tub with White Skirt

Grohe Tempesta Rustic Hand Shower Set, Model #27609000, Fairborn Tub/ Shower Pressure Balance Valve Trim, Model #19949000 & Fairborn Tub Spout, Model #13344000, Polished Chrome

Single Wall Hung Vanity in Network Gray Paint Finish with Shaker style doors. (source: Builders Cabinets)Single Wall Hung Vanity in Network Gray Paint Finish with Shaker style doors. (source: Builders Cabinets)

Mirror to be installed. Approximately 24" x 36"

Mirror to be installed

Bath 2

Developer’s selected Ceramic tile.


3 1/4" Red Oak stained to match unit hardwood flooring.

Radiant heat installed throughout lower level of Unit 1, less mechanical closets

2744 N Southport 4


Kitchen/ Living Room/Dining Room/ Hallways and Stairwells (Units 1 & 3)

Passive SW 7064 Flat Finish

Master Bedroom Gray Screen SW 7071 Flat Finish

Guest Bedroom 2 Passive SW 7064 Flat Finish

Guest Bedroom 3 (Unit 1) Passive SW 7064 Flat Finish

Guest Bedroom 4 (Unit 1) Passive SW 7064 Flat Finish

Master Bathroom Gray Screen SW 7071 Eggshell Finish

Powder Room (Unit 1) Argos SW 7065 Eggshell Finish

Bath 2 Argos SW 7065 Eggshell Finish

Door and Trim Color Developer's Selected White Semi Gloss White Finish

Ceiling & Closet Color Developer's Selected White Flat Finish

Front

Side & Rear Windows

Screens

Building Main Entry

Front Unit Entry Door

Rear Unit Entry Door (Unit 1)

Rear Unit Entry Door (Units 2 & 3)

Interior doors

Front Balcony/ Terrace Doors

Roof Access

Entry Door Hardware

Interior Door Hardware

Door Casing

BaseboardsCrown Molding

Interior Stairs

Railing

TRIM

Full Lite Glass Door with Aluminum frameDOORS

Satin Nickel with factory hinges

5 1/4” cove profile pine pre painted white, installed in Living area and Master Bedroom

Wood spindles painted white with top wood rail stained to match hardwood floors

Pella, Exterior Trim: Black, Interior Trim: White

Fiberglass mesh screens provided for all operable windows

Pella, Exterior Trim: Black, Interior Trim: White

STAIR CASES/ RAILINGS

3 1/4" traditional profile pine, pre painted white throughout

5 1/4” traditional profile pine pre painted white throughout

Single, Full Lite Doors

Satin Nickel handle with factory hinges and deadbolt lock

WINDOWS

Sliding Glass Door with single swing door

8'-0" Flat Panel metal painted white

8 ft. Solid Core, Double Panel Shaker Style painted white, combination of French and/or single swing or pocket doors. Laundry and Mechanical closet doors will be vented

*Buyer’s choice of up to (3) total wall colors to be distributed throughout unit, (1) color per room from Developer’s Selections of Sherwin Williams, Essential Collection. Excludes doors, trim and ceilings

CLOSETS

PAINT

Oak stairs & treads installed with 1 coat of stain matching hardwood floor finish, 2 coats of water based sealer and white painted risers

Sliding Glass Doors

8'-0" Flat Panel metal painted white

Closets to be built out by the Developer

2744 N Southport 5


Living/ Dining Room (Unit 1)

Living/ Dining Room (Units 2 & 3)

Family Room (Unit 1)

Master Bedroom

Unit 3 Roof Deck

Living Room

Family Room (Unit 1)

Master bedroom

Guest bedrooms

Roof Deck (Unit 3)

RECESSED CANS

SURFACE MOUNTED

Kitchen Island

Master Bath

Guest Bath Unit 1

Guest Bath Unit 2 & 3

Powder Room (Unit 1)

Guest Bedroom

Master Bedroom

Wiring

Circuit Breakers

Intercom

Smoke Detectors and Carbon Monoxide Detectors

Heating and Air Conditioning Heating and Air Conditioning

Cooling

Compressor Location

Plumbing Service

Water Heater

Radiant Heat

(1) Developer provided wall mounted vanity lights

5 ceiling points (5.1), no volume control

1 Cat5 cable and 1 Electrical outlet wired at elevated wall mount height

2 wall points, no volume control

Gas water heater. Capacity TBD upon installation

All electrical wiring shall be in accordance with the City of Chicago Building Code. Equipped with individual circuit breaker box

Intercom system to ring cell phones from front entrance.

Hardwired and installed in accordance with the City of Chicago Building Code

MECHANICALS90+ efficiency furnace with humidifier and Nest Thermostat

Complete cooling system included with dedicated A/C compressor for each unit

AC Compressors located on the roof

Radiant heat installed throughout lower level of Unit 1, less mechanical closets

New 8" Cast Iron sewer to street main line. All inside rough plumbing, combination of copper and cast iron.

SPEAKER WIRING *Note wiring only, actual speaker equipment not included)



Boiler at both duplex down (unit 1 and 2)

CABLE WIRING


(1) junction box wired for buyer's future use

(1) junction box wired for buyer's future use

ELECTRICAL

LIGHTING

5" LED Recessed cans installed in: Kitchen, Living Room/ Dining Area, Master Bedroom, Guest Bedrooms, Master Bath, Hallway and Guest Bath

Developer provided pendant lights


(1) Developer provided wall mounted vanity light

1 Cat5 cable at baseboard height

2 ceiling points, no volume control

1 cable outlet and 1 Electrical outlet wired at elevated wall mount height

AUDIO VISUAL

5 ceiling points (5.1), no volume control

2 ceiling points, no volume control

2744 N Southport 6


Drywall

Insulation

Interior Building Entry

Front Balcony/ Terrace

Elevation

Rear Decks

Roof Deck

Garage DeckRoofing

GENERAL INFORMATION

To be 5/8" U.S Gypsum or equal on all interior walls and bathroom ceilings. Perimeters of all demising partitions to be caulked. Double Drywall between unit ceilings and wallsExterior Walls: Closed Cell Foam R19

Sound attenuation between floors and at bathrooms

Exclusive right to Unit 1, built out in fireproof pressure treated wood decking. Supplied with electrical outlets.

Roof: Foam insulation open cell/ fiberglass blow in, R49

EXTERIOR/ COMMON AREAS

Wood doors are subject to movement because of the natural characteristics of wood. Seller’s Responsibility for movement of wood doors shall be governed by the standards of the door manufacturer. Every building is constantly on the move. On a cold, dry day a building will contract. On a hot, moist day a building actually expands. The reason is that cold and dryness cause some materials to contract, while heat and moisture can cause some materials to expand. A building can swell during rain and shrink during a dry spell. SUCH MOVEMENT CHARACTERIZES ALL BUILDINGS AND IS NORMAL AND SHOULD BE EXPECTED. It is possible that movement will have an effect on the walls, ceilings, floors and framingSystem of your home. It may cause cracking and nail popping in the drywall. The same problem may occur in the flooring system. THEREFORE, WE ARE UNABLE TO GUARANTEE THAT SETTLING,NAIL POPS, CRACKING OF WALLS AND CERAMIC TILE FLOOR WILL NOT APPEAR.

All samples for selection are of actual materials used at 2744 N Southport Because of the natural characteristics, production lots, and other circumstances beyond our control, there may be color shade, hue or texture differences between the sample displayed and the materials supplied or installed in your unit. All construction will conform to and meet the building code requirements of the City of Chicago.Certain changes may be dictated by the City’s code. Purchaser’s signature appearing in these Specifications shall constitute approval and acceptance of all work, if any, already completed as of thisdate. Acceptance of keys to the building by Purchaser shall constitute formal acceptance and approval ofthe completed building. Specifications and brand names herein shall be adhered to as closely as possible.However, substitutions may be made by the seller at its sole discretion. Such substitutions shall be of equal or like kind.

Interior Stairwells: Front Stairs to be carpeted and walls to be dry walled and painted white. Rear stairwell to be painted metal.

GARAGEEach Unit includes (1) Garage parking space and (1) remote clicker

Material: All new four millimeter modified bitumen roof

All Elevations: Combination of Brick and Limestone

Front Entry Foyer: To be dry walled and painted a color selected by the developer

DRYWALL/ INSULATION

Entry Foyer: Will be tiled or stained concrete in developer's choice of finish

To be built out in fireproof pressure treated wood decking. Supplied with electrical outlet per space. Unit 1- gas line. Exclusive right to Unit 3, built out in fireproof pressure treated wood decking. Supplied with gas line, cable outlet and electrical outlet.

Metal railing with square tube frame painted black built out in fireproof pressure treated decking material and equipped with 1 electrical outlet. Unit 2 & 3 with gas line

N

DISCLAIMER: All information furnished on the floor plan is subject to change, based on site conditions, constructiontolerances or other conditions without notice. Floorplans are approximate and for marketing purposes only.Rev:11/09/2016_v1

2744 N SOUTHPORT

Buyer:___________________Date:_________

SITE PLAN

3 Car Garage

Roof Deck Exclusive to Unit 1

N


2744 N SOUTHPORT

Buyer:___________________Date:_________

UNIT 1

LOWER LEVEL MAIN LEVEL

Master Bedroom18’ x 15’

Kitchen14’ x 15’

Bedroom 210’ x 11’



Terrace13’ x 6’

Dining &Living Room

14’ x 24’

Family Room18’ x 15’

Deck12’ x 9’

Deck12’ x 9’

Balcony18’ x 6’

Dining &Living Room

14’ x 16’

Kitchen14’ x 9’



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2744 N SOUTHPORT

Buyer:___________________Date:_________

UNIT 2

MAIN LEVEL


Kitchen14’ x 15’




Terrace13’ x 6’

Dining &Living Room

14’ x 24’

Family Room18’ x 15’

Deck12’ x 9’

Deck12’ x 9’

Balcony18’ x 6’

Dining &Living Room

14’ x 16’

Kitchen14’ x 9’



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2744 N SOUTHPORT

Buyer:___________________Date:_________

UNIT 3

MAIN LEVEL ROOF DECK

Balcony18’ x 6’

Dining &Living Room

18’ x 16’

Kitchen14’ x 9’



Roof Deck18’ x 60’

Exclusive to Unit 3

Penthouse5’ x 11’

Deck12’ x 9’

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Disclosure Regarding Real Estate Agency RelationshipsBefore you disclose confidential information to a real estate licensee regarding a real estate transaction, you should understand what type of agency

relation that you have with that licensee.A broker or salesperson may function in any of the following capacities.

(A) Represent the seller as an authorized seller’s agent or subagent(B) Represent the buyer as an authorized buyer’s agent or subagent(C) Represent both the seller and the buyer as a disclosed dual agent, authorized by both the seller and the buyer(D) Represent neither the seller nor the buyer as an agent, but provide services authorized by the seller or buyer to complete a transaction as a transaction coordinator.

A Seller’s agent, under a listing agreement with the seller, acts solely on behalf of the seller. A Seller can authorize a seller’s agent to work withsubagents buyer’s agents and/or transaction coordinators. A subagent of the seller is one who has agreed to work with the listing agent and who, like thelisting agent acts solely on behalf of the seller Seller’s agents and their subagents will disclose to the seller known information about the buyer which maybe used to the benefit of the seller.

The duties that a seller’s agent and subagent owes to the seller includes:• Promoting the best interests of the seller• Fully disclosing to the seller all facts that might affect or influence the seller’s decision to accept an offer to purchase• Keeping confidential the seller’s motivations for selling unless express permission is given otherwise• Presenting all offers to the seller• Disclosing to the seller all information known to the seller’s agent about the identity of all buyers and the willingness of those buyersto complete the sale or to offer a higher price

SELLER’S AGENTS (A)

A Buyer’s agent, under a buyer’s agency agreement with the buyer, acts solely on behalf of the buyer. A subagent of the buyer is one who hasagreed to work with the buyer’s agent and who, like the buyer’s agent, acts solely on behalf of the buyer. Buyer’s agents and their subagents will discloseto the buyer known information about the seller which may be used to the benefit of the buyer.

The duties that a buyer’s agent and subagent owes to the buyer include:• Promoting the best interest of the buyer• Fully disclosing to the buyer all facts that might affect or influence the buyer’s decision to tender an offer to purchase• Keeping confidential the buyer’s motivations for buying unless express permission is given otherwise• Presenting all offers on behalf of the buyer• Disclosing to the buyer all information known to the buyer’s agent about the willingness of the seller to complete the sale or to accepta lower price

BUYER’S AGENTS (B)

A real estate licensee can be the agent of both the seller and the buyer in a transaction, but only with the knowledge and informed consent, inwriting, of both the seller and the buyer.

In such a dual agency situation, the licensee will not be able to disclose all known information to either the seller or the buyer. As a dual agent, thelicensee will not be able to provide the full range of fiduciary duties to the seller or the buyer.

The obligations of a dual agent are subject to any specific provisions set forth in any agreement between the dual agent, the seller and the buyer.

DUAL AGENTS (C)

A transaction coordinator is a licensee who is not acting as an agent of either the seller or the buyer, yet is providing services to complete a realestate transaction.

The transaction coordinator is not an agent for either party and therefore owes no fiduciary duty to either party. The transaction coordinator isnot the advocate of either party and therefore has no obligation to “negotiate” for either party. The responsibilities to the transaction typically include:

• Providing access to and the showings of the property• Providing access to market information• Providing assistance in the preparation of a buy and sell agreement which reflects the terms of the parties’ agreement• Presenting a buy and sell agreement and any subsequent counter-offers• Assisting all parties in undertaking all steps necessary to carry out the agreement, such as the execution of documents, the obtaining offinancing, the obtaining of inspection, etc.

TRANSACTION COORDINATOR (D)

ACKNOWLEDGEMENT:By signing below, the parties confirm that they have received and read the information in this agency disclosure and state that this form was

provided to them before the disclosure of any confidential information specific to the potential sellers or buyers. THIS IS NOT A CONTRACT.

Potential Buyer/Seller (circle one) Date

Potential Buyer/Seller (circle one) Date

A buyer or seller with a designated agency us represented only by agents specifically named in the agreement. Any agents of the firm not named inthe agreement do not represent the buyer or seller. The named “designated” agent acts solely on behalf of his or her client and may only share confidentialinformation about the client with the agent’s supervisory broker who is also named in the agreement. Other agents in the firm have no duties to the buyeror seller and may act solely on behalf of another party in the transaction.

DESIGNATED AGENCY

LICENSEE DISCLOSUREREALTOR hereby disclosesthe following relationship(check one from each column)

with the BUYER( ) Buyer’s Agent( ) Dual Agent( ) Transaction Coordinator( ) None of the Above

with the SELLER( ) Seller’s Agent( ) Dual Agent( ) Transaction Coordinator( ) None of the Above

AND{Check here if acting as a designated agent, only if the licensee’s broker and a named supervisory broker have the same agency relationshipas the licensee named below. If the other party in a transaction represented by an affiliated licensee, the licensee’s broker and all namedsupervisory brokers shall be considered disclosed consensual dual agents.

Check here if not acting as a designated agent. All affiliated licensees have the same agency relationships as the licensee named below.

X

X

X

2744 N Southport Ave. #1, #2, #3, Chicago, IL 60614

DocuSign Envelope ID: 345283AD-5EE1-4A89-ADAE-A0273A431FA4

11/7/2016 | 1:25 PM CST

11/7/2016 | 1:26 PM CST

FORM 422 (6/14/13) COPYRIGHT ILLINOIS ASSOCIATION OF REALTORS® 1/1

ILLINOIS ASSOCIATION OF REALTORS®

DISCLOSURE OF INFORMATION ON RADON HAZARDS (For Residential Real Property Sales or Purchases)

Radon Warning Statement

Every buyer of any interest in residential real property is notified that the property may present exposure to dangerous levels of indoor radon gas that may place the occupants at risk of developing radon-induced lung cancer. Radon, a Class-A human carcinogen, is the leading cause of lung cancer in non-smokers and the second leading cause overall. The seller of any interest in residential real property is required to provide the buyer with any information on radon test results of the dwelling showing elevated levels of radon in the seller’s possession. The Illinois Emergency Management Agency (IEMA) strongly recommends ALL homebuyers have an indoor radon test performed prior to purchase or taking occupancy, and mitigated if elevated levels are found. Elevated radon concentrations can easily be reduced by a qualified, licensed radon mitigator.

Seller’s Disclosure (initial each of the following which applies) _______ (a) Elevated radon concentrations (above EPA or IEMA recommended Radon Action Level)

are known to be present within the dwelling. (Explain). _______ (b) Seller has provided the purchaser with the most current records and reports pertaining to

elevated radon concentrations within the dwelling. _______ (c) Seller either has no knowledge of elevated radon concentrations in the dwelling or prior

elevated radon concentrations have been mitigated or remediated. _______ (d) Seller has no records or reports pertaining to elevated radon concentrations within the

dwelling. Purchaser’s Acknowledgment (initial each of the following which applies) _______ (e) Purchaser has received copies of all information listed above. _______ (f) Purchaser has received the IEMA approved Radon Disclosure Pamphlet. Agent’s Acknowledgement (initial IF APPLICABLE) _______ (g) Agent has informed the seller of the seller’s obligations under Illinois law. Certification of Accuracy The following parties have reviewed the information above and each party certifies, to the best of his or her knowledge, that the information he or she has provided is true and accurate. Seller _________________________________ Date_________________________________

Seller _________________________________ Date_________________________________

Purchaser _____________________________ Date _________________________________

Purchaser _____________________________ Date _________________________________

Agent _________________________________ Date _________________________________

Agent_________________________________ Date__________________________________

Property Address: _________________________________________________________

City, State, Zip Code: _________________________________________________________

2744 N Southport Ave. #1, #2, #3

Chicago, IL 60614


11/7/2016 | 1:25 PM CST

11/7/2016 | 1:26 PM CST

This New Construction Insulation Disclosure Rider ("Rider") is made a part of and incorporated into 1

that certain real estate contract between ________________________________________________________ 2

("Buyer") and ____________________________________________ ("Seller") dated ____________________, 3

20____ ("Contract") for the purchase and sale of that certain real estate commonly known as: 4

__________________________________________________________________________________ ("Property"). 5

(address) (unit #) (city) (state) (zip) 6 Except as modified by this Rider, all of the terms and conditions contained in the Contract remain in 7

full force and effect. In the event of any conflict between the terms and conditions of this Rider and 8

the terms and conditions of the Contract, the terms and conditions of this Rider shall prevail. 9

Capitalized terms used and not defined in this Rider shall have the meaning given to such terms in 10

the Contract. 11

Seller hereby represents and warrants that the insulation to be installed in the Property is as follows: 12

I. Exterior walls will be insulated with ________________________________________________ (type of 13

insulation), to a thickness of _____________ inches which, according to the manufacturer will yield 14

an R-value of ___________________________________. 15

II. Interior walls will be insulated with _________________________________________________ (type of 16


an R-value of ___________________________________. 18

III. Ceilings in all areas will be insulated with ___________________________________________ (type of 19


an R-value of ___________________________________. 21

IV. The exceptions to the previous insulation disclosures in Sections I – III are as follows: 22

Location: Description:_____________________________________ 23

Thickness:______________________________________ 24

R-value:_________________________________________ 25


Thickness:______________________________________ 27

R-value:_________________________________________ 28


Thickness:______________________________________ 30

R-value:_________________________________________ 31

__________________________________________ ___________________________________________ Buyer's Signature Date Seller's Signature Date __________________________________________ ___________________________________________ Buyer's Signature Date Seller's Signature Date

RIDER 13 NEW CONSTRUCTION INSULATION DISCLOSURE

Rev. 01/2012

Virage LLC


per Materials and Specifications







11/7/2016 | 1:25 PM CST

THIS RIDER IS MADE A PART OF AND INCORPORATED INTO THAT CERTAIN REAL ESTATE SALE

Rider 5INTEREST BEARING ACCOUNT RIDER

(Purchaser) (Seller)

REV 04/03

,

COMMONLY KNOWN AS , ILLINOIS,(SELLER)

(PURCHASER).

(Purchaser) (Seller)

FOR THE SALE OF THE PROPERTYCONTRACT DATED

ENTERED INTO BY

It is agreed by and between the parties hereto that the total earnest money held in the amount of $ with regard

to the above captioned Contract shall bear interest for and be paid to the party listed on the W-9 form below.

Form W-9. Payer's Request for Taxpayer Identification Number.

Request for TaxpayerIdentification Number and Certification

Form W-9(Rev. January 1993)Department of the TreasuryInternal Revenue Service

Give this formto the requester. DoNOT send to IRS.

Name (if joint names, list first and circle the name of the person or entity whose number you enter in Part I below. See instructions under "Name" if your name has changed.

Address (number and street) List account number(s)Here (optional)

City, state, and ZIP code

Part I Taxpayer Identification Number Part II For Payees Exempt FromBackup Withhold (SeeInstructions)Enter your taxpayer identification number in the

appropriate box. For individuals and soleproprietors, this is your social security number. Forother entities, it is your employer identificationnumber. If you do not have a number, see How ToObtain a TIN, below.

Social Security number

OR

Employer identification numberNote: If the account is in more than one name, seethe chart on page 2 for guidelines on whosenumber to enter.

Requester's name and address (optional)

Certification. --Under penalties of perjury, I certify that:(1) The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me), and

(2) I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service(IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longersubject to backup withholding (does not apply to real estate transactions, mortgage interest paid, the acquisition or abandonment of secured property,contributions to an individual retirement arrangement (IRA), and payments other than interest and dividends).

Certification instructions. --You must cross out item (2) above if you have been notified by IRS that your are currently subject to backup withholding because ofunderreporting interest or dividends on your tax return. (Also see Signing the Certification under Specific Instructions, on page 2.)

PleaseSignHere Signature Date

(Dated) (Dated)

CHI1 #96900 v2

AND

Phone: Fax:Produced with ZipForm™ by RE FormsNet, LLC 18025 Fifteen Mile Road, Clinton Township, Michigan 48035, (800) 383-9805 www.zipform.com


Virage LLC


11/7/2016 | 1:25 PM CST

2744 N. Southport Ave., Chicago, IL 60614...2744 N. Southport Ave., Chicago, IL 60614 5 Year Cash Flow Projection ... Artic White Painted Finish in Shaker style doors (source: Builders

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