4900 S ROUTE 31 CRYSTAL LAKE 1. AERIAL 2 PROPERTY HISTORY 3 Constructed by Sherman Hospital in 1978 Now Owned by Advocate Group.

4900 S ROUTE 31 CRYSTAL LAKE 1

AERIAL 2

PROPERTY HISTORY 3

• Constructed by Sherman Hospital in 1978

• Now Owned by Advocate Group

PROPERTY HISTORY 4

• Originally an 80+ Acre Site

• Now 10 +/- Acres after Sale of Excess Land to Ryland Homes

PROPERTY FACTS 5

• 24,000 SF Divided into Two Wings

North Wing -- Emergency Care

South Wing -- Medical Offices

PROPERTY FACTS 6

• Three Lighted Parking Lots -- 110 Parking Spaces Plus Handicap

Front -- 40 Spaces plus 4 HC Side -- 50 Spaces Back -- 20 Spaces plus 4 HC

PARKING LOT LOCATIONS 7

FRONT PARKING LOT 8

SIDE PARKING LOT 9

PROPERTY FACTS 10

• Three Parking Lots – 118 Parking Spaces• 660 Feet of Frontage on Route 31

PROPERTY FACTS 11

• Three Parking Lots --- 118 Parking Spaces• 660 Feet of Frontage on Route 31• New Route 31 Access Constructed by Ryland

Homes

PROPERTY FACTS 12

• Three Parking Lots --- 118 Parking Spaces• 660 Feet of Frontage on Route 31• New Route 31 Access Constructed by Ryland

Homes• Traffic Signal Approved by IDOT and Funded by

Ryland Homes

AERIAL – ROUTE 31 13

PROPERTY FACTS 14

• Three Parking Lots --- 118 Parking Spaces• 660 Feet of Frontage on Route 31• New Route 31 Access Constructed by Ryland Homes• Traffic Signal Approved by IDOT and Funded By Ryland Homes• City Water and Sanitary Sewer Service

FINANCIAL 15

• $3,850,000 -- Original Asking Price -- $160 per SF

• $2,500,000 -- Current Asking Price -- $104 per SF

• For Sale Only / Land Not Divisible

FLOOR PLANS 16

• Current Layout as Used by Sherman Hospital

• Perimeter Dimensions / Bay Sizes / Column Locations

• Architectural Cut Sheet

CURRENT USE LAYOUT 17

DIMENSIONS AND COLUMNS 18

ARCHITECT CUT SHEET 19

EXTERIOR PICTURES 20

Front of Building Rear of Building

LOBBY 21

LOBBY 22

DOCTOR OFFICES 23

DOCTOR OFFICES 24

DOCTOR OFFICES 25

EMERGENCY ROOM AREA 26

EQUIPMENT AREAS 27

EQUIPMENT AREAS 28

MECHANICAL ROOM 29

RECORDS ROOM 30

ATRIUM 31

NURSING CURRICULUM 32

GOALS AND VISION 33

• Create a Medical Learning Center– Self Contained Facility – Comprehensive Educational Resources– Simulation Areas for OJT– Laboratories– Equipment Training Areas

PRIMARY REQUIREMENTS 34

• Traditional Class Rooms– Medical and General Classrooms– 600 to 1,000 SF

• State of the Art Laboratories and Equipment Training Rooms

SIMULATION AREAS 35

• Emergency -- Ambulance Bay

-- Triage Areas • Hospital Floor -- Hospital Rooms -- Nurses Station• Medical Office

ANCILLARY NEEDS 36

• Resource Center (Library)• Student Lounge with Internet and Vending • Administration Offices• Storage Rooms• Restrooms• Mechanical Rooms

CONCEPTUAL PLAN 37

PROPERTY BENEFITS 38

• Favorable Pricing -- Asking Price of $2.5 Million

-- Versus Cost to Rebuild

PROPERTY BENEFITS 39

• Favorable Pricing • Structural Layout -- Column Placements -- Division into Two Wings

PROPERTY BENEFITS 40

• Favorable Pricing • Structural Layout• Location Convenience and Accessibility -- Route 31 Frontage -- Pending Traffic Light

PROPERTY BENEFITS 41

• Pricing • Structural Layout• Location• Significant Expansion Capabilities

-- Building -- Parking Lots

PROPERTY BENEFITS 42

• Pricing • Structural Layout• Location• Room for Expansion• Simulation and OJT

PROPERTY BENEFITS 43 • Pricing• Structural Layout• Location• Room for Expansion• Simulation and OJT• Liaisons Opportunities

Q & A 44

Michael DeaconRVG Commercial Realty

[email protected]