BAUM REALTY GROUP, LLC ∙ 1030 W. CHICAGO AVENUE, SUITE 200 ∙ CHICAGO, IL 60642 ∙ 312.666.3000 ∙ WWW.BAUMREALTY.COM OFFERED BY: Michael Sieber Associate 312.275.3127 [email protected]Confidential Offering Memorandum Vacant Commercial Condo – 823-C W. Superior Street · Chicago, IL 60642
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Vacant Commercial Condo 823-C W. Superior Street ... W...Future Condo Development (20 Units) 694 Wine Bar Carson Tire Jerk Jamaican Grill Turbo Dog Yoga Galleria Marchetti Mahoney’s
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BAUM REALTY GROUP, LLC ∙ 1030 W. CHICAGO AVENUE, SUITE 200 ∙ CHICAGO, IL 60642 ∙ 312.666.3000 ∙ WWW.BAUMREALTY.COM
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MotorolaGlobal New
Product Operation63,000 SF
12,200
Pie Eyed Pizza
234,500
Future Condo Development(20 Units)
694 Wine Bar
Carson Tire
Jerk Jamaican Grill
Turbo Dog Yoga
Galleria Marchetti
Mahoney’s
Thalia SpiceConcentra Medical
Chicago Blue Line ‘L’ Station
Grand Blue Line ‘L’ Station
DeLux Bar & Grill
Sensaphonics
The Lab Dance Studio
Proline Golf
Kala Salon
Cy’s King Crab
21,000
14,000
15,900
21,000
Gonella BakingProposed Redevelopment
(360 Apartments, 35,000 SF of Retail)Retail Leasing by BRG
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Demographic StatisticsSUMMARY PROFILE2000-2010 Census, 2014 Estimates with 2019 Projections | Calculated using Proportional Block Groups
Lat / Lon: 41.8953/-87.6487
823-C W. Superior Street | Chicago, IL 0.25 Mile 0.5 Mile 1 Mile
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PU
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2014 Estimated Population 1,752 9,098 49,3902019 Projected Population 1,786 9,276 50,3382010 Census Population 1,719 8,926 48,4792000 Census Population 921 6,003 39,204Projected Annual Growth 2014 to 2019 0.4% 0.4% 0.4%Historical Annual Growth 2000 to 2014 6.4% 3.7% 1.9%2014 Median Age 33.6 33 31.8
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S 2014 Estimated Households 947 5,029 27,8602019 Projected Households 969 5,148 28,5162010 Census Households 925 4,911 27,2052000 Census Households 522 2,759 19,136Projected Annual Growth 2014 to 2019 0.5% 0.5% 0.5%Historical Annual Growth 2000 to 2014 5.8% 5.9% 3.3%
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2014 Estimated White 79.7% 71.3% 68.8%2014 Estimated Black or African American 7.4% 15.5% 14.7%2014 Estimated Asian or Pacific Islander 8.4% 7.9% 8.5%2014 Estimated American Indian or Native Alaskan 0.3% 0.2% 0.3%2014 Estimated Other Races 4.2% 5.2% 7.6%2014 Estimated Hispanic 6.1% 7.5% 11.9%
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2014 Estimated Average Household Income $143,231 $140,682 $113,6902014 Estimated Median Household Income $103,146 $92,579 $77,2652014 Estimated Per Capita Income $77,757 $77,951 $64,406
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2014 Estimated Elementary (Grade Level 0 to 8) 0.9% 1.2% 3.2%2014 Estimated Some High School (Grade Level 9 to 11) 2.1% 4.0% 4.2%2014 Estimated High School Graduate 6.6% 7.9% 10.3%2014 Estimated Some College 9.7% 10.4% 11.2%2014 Estimated Associates Degree Only 1.4% 2.5% 3.1%2014 Estimated Bachelors Degree Only 45.6% 42.3% 39.3%2014 Estimated Graduate Degree 33.6% 31.8% 28.6%
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S 2014 Estimated Total Businesses 281 1,266 9,1272014 Estimated Total Employees 2,428 12,952 127,5802014 Estimated Employee Population per Business 8.7 10.2 14.02014 Estimated Residential Population per Business 6.2 7.2 5.4
Confidentiality DisclosureBaum Realty Group, LLC (“BRG”) has been retained as the exclusive broker by the Owner of Record (“the Owner”) of 823-C W. Superior Street in Chicago, IL 60642 in
connection with the sale of certain properties (“the Property”) as described in this Offering Memorandum.
This Offering Memorandum has been prepared by BRG for use by a limited number of parties, and does not purport to provide a necessarily accurate summary of the
physical or economic aspects of the Property or any of the documents related thereto, nor does it purport to be all inclusive or to contain all of the information which
prospective investors may need or desire further, the Offering Memorandum is limited to the matters set forth therein. All budgets or projections have been developed by
BRG and Owner, and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and BRG and therefore
are subject to variation. Each of BRG and Owner makes no representation as to the accuracy or completeness of the information contained herein, and nothing contained
herein is, or shall be relied on as a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be
correct, BRG and its employees, and Owner, and its trustees, officers, and employees disclaim any and all liability for representations and warranties, expressed and
implied, contained in, or omissions from the Offering Memorandum or any other written or oral communication transmitted or made available to the recipient. The
Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property Owner as of the date of preparation
of the Offering Memorandum.
Additional information and an opportunity to inspect the Property will be made available upon written request to interested and qualified prospective investors.
Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers regarding the property, and/or terminate discussions with
any entity at any time with or without notice. Owner shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer
to purchase the property unless and until such offer is approved by Owner and the Board of Trustees of Owner and a written agreement for the purchase of the Property
has been fully executed, delivered and approved by Owner and its legal counsel, and any conditions to Owner’s obligations hereunder have been satisfied or waived.
This Offering Memorandum and the contents, except such information that is a matter of public record or is provided in sources available to the public, are of a
confidential nature. By accepting this Offering Memorandum, you acknowledge that you have executed, and have agreed to be bound by, the Confidentiality Agreement
with BRG and Owner.
BAUM REALTY GROUP, LLC ∙ 1030 W. CHICAGO AVENUE, SUITE 200 ∙ CHICAGO, IL 60642 ∙ 312.666.3000 ∙ WWW.BAUMREALTY.COM