24,153 sf, expandable by approx. 18,000 sf available …1 439 nightclub 2 the aberdeen tap 3 cobra...

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ASPEN FOODS 94 fultonmarketchicago.net 201elizabeth.com 9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com Thomas Boyle, SIOR Senior Vice President [email protected] D 847-814-4496 Fred Freeman Vice President [email protected] D 312-919-9700 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. ±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE 201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607 EXCITING NEW DEVELOPMENT OPPORTUNITY IN FULTON MARKET

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Page 1: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

ASPEN FOODS

94

fultonmarketchicago.net 201elizabeth.com

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

Thomas Boyle, SIORSenior Vice [email protected] 847-814-4496

Fred FreemanVice [email protected] 312-919-9700

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE

201 NORTH ELIZABETH STREETCHICAGO, ILLINOIS 60607

EXCITING NEW DEVELOPMENT OPPORTUNITY IN FULTON MARKET

Page 2: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

fultonmarketchicago.net 201elizabeth.com

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607

PROPERTY VISION

Page 3: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

fultonmarketchicago.net 201elizabeth.com

Thomas Boyle, SIORSenior Vice [email protected] 847-814-4496

Fred FreemanVice [email protected] 312-919-9700

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

PROPERTY OVERVIEWSITE SPECIFICATIONS:

SITE SIZE: ±24,153 SF (Expandable by ±18,000 SF)

PRICING: Subject to Offer

ZONING: M2-3 F.A.R. 3.0 (Industrial)

POTENTIAL RE-ZONING:

C1-2 F.A.R. 2.2C1-3 F.A.R. 3.0DX-3 F.A.R. 3.0DX-5 F.A.R. 5.0DX-8 F.A.R. 8.1

COMMENTS: › 24,153 SF site on the corner of Lake Street and Elizabeth Street in Chicago’s West Loop neighborhood

› The site offers a very efficient configuration for office development: 146.66′ (Lake Street) and 164.69′ (Elizabeth Street)

› Potential re-zoning can potentially achieve an 8.1 F.A.R., which may permit multi-family above the office use

› Easy accessibility from new $38 million CTA Morgan Street Station

Page 4: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

6

SITE

PLA

N84’

150’

fultonmarketchicago.net 201elizabeth.com

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607

SITE PLAN

Page 5: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

6

SITE

PLA

N84’

150’

fultonmarketchicago.net 201elizabeth.com

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

BUILDING PLAN

Page 6: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

fultonmarketchicago.net 201elizabeth.com

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607

AREA AMENITIESAPARTMENTS & CONDOS• Catalyst Apartments

• Circa 922

• Gateway West Loop

• Lux24 Apartments

• The Madison

• Presidential Towers

COMMUTER FRIENDLY• Steps away from brand new CTA Morgan

St. Station

• Walking distance to multiple

• Lee than 1 mile to Metra Trains

• Walking distance to downtown

• Bike-friendly

OFFICE DEVELOPMENT• Motorola - 604,000 SF• Google - 362,048 SF• Wells Fargo - 293,000 SF• Vendor Village - 224,000 SF• Zurich - 108,000 SF• Twitter - 16,000 SF

LIFE

WORK

TRAVEL

Page 7: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

fultonmarketchicago.net 201elizabeth.com

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

AREA AMENITIES

RESTAURANTS• Au Cheval

• Avec

• Girl & the Goat

• Grace

• Momotaro

• Publican Quality Meats

LOCAL STORES• Randolph Street Market

• Chicago French Market

• Target

• Tribeca Boutique

• Free People

ENTERTAINMENT• Haymarket Pub & Brewery

• City Winery

• SoHo House

• UIC Theater

• Maude’s Liquor Bar

• The United Center

FOOD

ENTERTAINMENT

RETAIL

Page 8: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

fultonmarketchicago.net 201elizabeth.com

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±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607

AREA MAP

Page 9: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

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1 The Breakfast Club & Grill 2 Burger Baron 3 Coalfire 4 G & O 5 Sip Coffee House 6 Salerno's Pizza 7 Mart Anthony's Italian Restaurant 8 Capo's 9 D'Amato's Pastry Shop10 Beatrix11 Kuma's Corner12 Fulton Mkt Kitchen13 La Sirena Clandestina14 City Mouse Chicago15 Smack Shack16 Swift & Sons17 Cold Storage18 Pizzeria del Mercato19 McDonald's20 The Harvest Juicery21 Next22 Roister23 Duck Duck Goat24 Gus' Fried Chicken25 The Betty26 The Publican27 Shake Shack28 Do-Rite Donuts29 The Corned Beef Factory30 Dunkin Donuts31 Vera32 Honey's Chicago33 Macello Ristorante34 Smith & the Loyalist35 Urbanbelly36 Kaiser Tiger37 Gyu-Kaku38 Elske39 Alhambra Palace40 Lou Malnati's41 Forno Rosso Pizzeria42 La Colombe Coffee43 Nando's Peri-Peri44 Umami Burger45 Porkchop46 Starbucks47 Cruz Blanca48 Nonna's49 Formento's50 Perez Mexican Restaurant51 Jaipur52 Nellcote53 Green Street Smoked Meats54 Parlor Pizza55 Dunkin Donuts

56 Sushi Pink57 Wishbone58 Subway59 La Sardine60 Billy Goat Tavern61 Dunkin Donuts62 La Cuchara63 Subway64 Palace Grill65 Viaggio Ristorante66 West End Grill & Tavern67 Nohea Café68 Talay69 Freshii70 The Great American Bagel71 Mad Social72 Butterfly Sushi73 Crossroads Bar & Grill74 Cone Gourmet Ice Cream75 Monteverde76 Pockets77 Starbucks78 Ciao! Cafe79 Grange Hall80 The Polenta Bar

1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito 9 The Aviary10 Bar Siena11 Maude's Liquor Bar12 RM Champagne Salon13 El Che Bar14 The Madison Bar15 Beer Bistro16 Third Rail Tavern17 The Hive18 Club 858

1 Ace Hotel 2 Hoxton Hotel 3 Nobu Hotel

1 Byline Bank 2 South Central Bank 3 Mb Financial

4 South Central Bank 5 The Federal Savings Bank 6 Firsts Eagle Bank 7 Parkway Bank & Trust 8 Chase Bank

1 Green Grocer 2 Peoria Packing Butcher Shop 3 West Loop Salumi 4 Market by Foxtrot 5 West Loop Mart 6 J.P. Graziano Grocery

1 Fulton Fithouse 2 Chicago Pole Dance Academy 3 Crossfit 312 4 Precision Human Performance 5 West Loop Athletic Club 6 Johnny's Ice House 7 Wattage 8 Performance Training Systems 9 Core Power Yoga10 Pure Barre11 Crosstown Fitness12 Bare Feet Power Yoga13 Brooklyn Boulders14 Center for Body Movement15 Sana Vita Yoga & Pilates16 Anatomy Redefined17 Chamin Nail Studio18 Studio 10119 Exfole820 Be Fabulous21 Snippets Mini-cuts22 Salon DJ Hairtography23 Snap Hair24 Mane Salon25 FM Hair Studio26 Axelle + Ivy Salon27 Art + Science Salon28 Pinky Nail Studio29 Beauty Mark Salon30 Solo Salon31 Lacquer Day Spa32 Nail Party33 The Hair Loft34 Main Abstracts Hair Salon35 Base Salon36 European Wax Center37 G2 Men's Salon38 Bangs Hair Salon39 L.A. Tan40 Elle Nail Spa41 Allure Nail Salon

42 Handcrafted Barber Shop43 Ora Dental Studio44 West Loop Dental45 Spex

1 Citgo 2 Spotlight Automotive 3 Pet Care Plus 4 Fulton Market Gallery 5 Verizon 6 Randolph Street Market 7 Marathon 8 Bert's Car Wash 9 Terry's Toffe Shop10 Tesla11 Steve's Flower Market12 Sherwin-Williams13 Pagoda Red14 Dose Market15 Linda Warren Gallery16 Tucker's Pup Resort17 Mars Gallery18 Latin Rhythms Dance Academy19 Kavi Gupta Gallery20 Gateway Auto Service21 Kids & Company Day Care22 VCA Animal Care23 A/M Shop24 Stub Hub25 Big City Swing Dance School26 Free People27 West Loop Pharmacy28 Rhona Hoffman Gallery29 West Loop Auto Spa30 Kavi Gupta Gallery31 Carrie Secrist Gallery32 M2057 by Maria Pinto33 Gold Coast Tickets34 Victoria Sdoukos Couture Bridal35 FedEx Office36 Morgan Cleaners37 The Fig Tree38 Smitten Boutique39 Cat & Mouse Games40 Wigglyville Pet Boutique41 Studio East642 Leaders 135443 Standing Room Only Authentics44 H&R Block45 AlphaGraphics

Restaurants

Bars/Nightclubs

Grocery

Health/Beauty

Other Retail

Hotels

Banks

13

Page 10: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

ASPEN FOODS

fultonmarketchicago.net 201elizabeth.com

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607

PROMINENT NEIGHBORS

19,451 SF 20,169 SF 23,600 SF 23,819 SF

28,000 SF 34,554 SF 38,691 SF 41,850 SF

45,000 SF 50,986 SF 51,800 SF 53,048 SF

65,000 SF 65,583 SF 252,614 SF 362,048 SF

ASPEN FOODS

Page 11: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

The property information/detail contained herein has been provided by the seller/lessor or has been obtained from other sources believed to be reliable, and Lee & Associates of Illinois, LLC. has not independently verified such information’s accuracy. Lee & Associates of Illinois, LLC. makes no representations, guarantees, or express or implied warranties of any kind regarding the accuracy or completeness of the information provided herein nor the condition of the property and expressly disclaims all such warranties, including but not limited to the implied warranty of suitability and fitness for a particular purpose. Buyer/Lessee should perform its own due diligence regarding the accuracy of the information upon which buyer/lessee relies when en-tering into any transaction with seller/lessor herein. Further, the information provided herein, including any sale/lease terms, are being provided subject to errors, omissions, changes of price or conditions, prior sale or lease, and withdrawal without notice.

How Can We Help You?THINKING OF SELLING?Call us for a Property Valuation Report

THINKING OF EXPANDING?Call us for an extensive Available Properties Report

LEASE EXPIRING WITHIN THE NEXT TWO YEARS?Call us for lease negotiating or relocation assistance

NEED EQUITY FOR YOUR BUSINESS?Call us to discuss sale-leaseback opportunities

NEED SHORT-TERM SPACE?Call us for available properties that can accommodate your needs

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

9450 W. BRYN MAWR AVENUE, SUITE 550ROSEMONT, ILLINOIS 60018visit us at www.lee-associates.com

JEFFREY J. JANDA, SIOR FOUNDING [email protected]

MICHAEL J. [email protected]

LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS.

INTERNATIONAL ORGANIZATION, LOCAL OWNERSHIP

Established in 1979, Lee & Associates has expanded across the nation and North America with offices that are individually owned by the shareholders of that office, thus encouraging an entrepreneurial spirit and allowing more freedom and creativity to make real estate transactions work.

EXPLOSIVE GROWTH

Since its inception there has been an explosive growth of Lee & Associates offices throughout the country and now in Vancouver, British Columbia, making it one of the largest and fastest growing commercial real estate organizations in North America.

Our European Partner

2016 - Seattle, WA2016 - Walnut Creek2016 - Vancouver, BC Canada2016 - Twin Cities, MN2016 - Pasadena, CA2015 - Eastern Pennsylvania2015 - Columbus, OH2015 - Houston, TX2014 - Denver, CO2014 - Cleveland, OH

2013 - Long Island-Queens, NY2013 - Chesapeake Region , MD2012 - Edison, NJ2012 - Orlando, FL2012 - Charleston, SC2011 - Fort Myers, FL2011 - Manhattan, NY2011 - Greenville, SC2010 - Atlanta, GA2010 - Greenwood, IN

2010 - Indianapolis, IN2010 - Indianapolis, IN2009 - Long Beach, CA2009 - Elmwood Park, NJ2008 - Boise, ID2008 - ISG, LA, CA2008 - Palm Desert, CA2008 - Santa Barbara, CA2006 - Antelope Valley, CA2006 - Dallas, TX

2006 - Madison, WI2006 - Oakland, CA2006 - Reno, NV2006 - San Diego - UTC, CA2006 - Ventura, CA2006 - San Luis Obispo, CA2005 - Southfield, MI 2005 - Los Olivos, CA2004 - Calabasas, CA2004 - St. Louis, MO

2002 - Chicago, IL2001 - Victorville, CA1999 - Temecula Valley, CA1996 - Central LA, CA1994 - Sherman Oaks, CA1994 - West LA, CA1993 - Pleasanton, CA1993 - Stockton, CA1991 - Phoenix, AZ1990 - Carlsbad, CA

1990 - Industry, CA1989 - LA - Long Beach, CA1989 - Riverside, CA1987 - Ontario, CA1984 - Newport Beach, CA1983 - Orange, CA1979 - Irvine, CA

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

ABOUT LEE & ASSOCIATES

104%increase

in transaction volume over 5 years

$10 billiontransaction

volumein 2017

900agents

and growing nationwide

Page 12: 24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE …1 439 Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito

94

90

290

fultonmarketchicago.net 201elizabeth.com

Thomas Boyle, SIORSenior Vice [email protected] 847-814-4496

Fred FreemanVice [email protected] 312-919-9700

9450 W. Bryn Mawr Avenue, Suite 550 | Rosemont, IL 60018 | 773-355-3000 | www.lee-associates.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

±24,153 SF, EXPANDABLE BY APPROX. 18,000 SF AVAILABLE FOR SALE / LONG-TERM LEASE

201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607