RIVER NORTH - OFFICE BUILDING FORMER FIRE STATION 158 WEST ERIE STREET CHICAGO IL 60610

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1 RIVER NORTH - OFFICE BUILDING FORMER FIRE STATION FOR SALE The subject property is a 7,000 square foot office building on 2,544 square feet of land, currently occupied by a law firm. Built around the turn of the century as a Chicago Fire Station Branch, the property is located on Erie St. between LaSalle Blvd. and Wells St. Situated adjacent to the Gallery District and a prime restaurant district within a few blocks of Gino s East, Ed DeBevic s, Wildfire, Prosecco, Fogo de Choa, Portillo s, Rock N Roll McDonalds, the Rainforest Cafe and Carson s Ribs. BUILDING Approximately 6,900 SF 2012 RE TAXES $32,959 ZONING DX-7 TOTAL LAND AREA 2,544 SF PIN SALE $1,750,000 PROPERTY HIGHLIGHTS» Well-Maintained 3 Story Office Building» Move-In Condition» Beautiful Reception Area & Conference Room With Kitchen, File & Copy Rooms» 12 Private Offices & 10 Work Stations» Elevator to 1st-3rd Floors» Full Basement» L Stop at Chicago Ave.» Close to Loop and Area Restaurants» DX-7 Zoning STATISTICS 0.25 MILE 0.5 MILE 1 MILE Population 26,727 58,066 89,832 Households 16,963 37,454 57,191 Average HHI $110,260 $103,904 $106,798 Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

2 RIVER NORTH - OFFICE BUILDING / FORMER FIRE STATION ADDITIONAL PHOTOS (P) (C) (P) (C) Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentationismadeastotheaccuracythereof&itissubmittedsubjectto errors,omissions,changes,priorsaleorlease,orwithdrawalwithoutnotice. Projections, opinions,assumptions&estimatesarepresentedasexamplesonly&maynotrepresent actual performance. Consult tax & legal advisors to perform your own investigation.

3 ADDITIONAL PHOTOS Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult

4 AREA DETAIL AREA VIEW NEIGHBORHOOD VIEW CITY VIEW Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult

5 SURVEY Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult

6 ZONED // DX - 7 Development Standards Allowable Uses Chicago Landmarks Orange Live-Work Loft Residential Height Limit PD above 155 Assisted Living College/University Floor Area Ratio 7.0 Day Care Post Office MLA/Unit Density 1 45 SF / Dwelling Units Business Equipment Sales 90 SF / Efficiency Units Business Support 75 SF / SRO Units Eating & Drinking Establishment Entertainment Front Setback No front setback is required in DX zone. Financial Services Food & Beverage Sales Rear Setback For floors containing dwelling units, the Bed & Breakfast rear setback is 30 feet. Medical Office Minimum Side Setback No side setbacks are required in DX zone. Personal Services Auto Supply Light Equipment Sales Warehousing All dimensions and floor areas are approximate. Plans, specifications, and designs are subject to revisions deemed advisable by the builder, architect, or required by law. Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

7 DEMOGRAPHICS Population Executive Summary 158 W. Erie Prepared by Mark Jones 158 W Erie St, Chicago, Illinois, 60654, Latitude: Rings: 0.5, 0.75, 1 mile radii Longitude: miles 0.75 miles 1 mile 2000 Population 17,722 43,711 69, Population 25,526 55,043 85, Population 26,727 58,066 89, Population 27,933 61,124 94, Annual Rate 3.72% 2.33% 2.17% Annual Rate 1.42% 1.66% 1.46% Annual Rate 0.89% 1.03% 0.93% 2013 Male Population 48.9% 47.8% 47.5% 2013 Female Population 51.1% 52.2% 52.5% 2013 Median Age In the identified area, the current year population is 89,832. In 2010, the Census count in the area was 85,691. The rate of change since 2010 was 1.46% annually. The five-year projection for the population in the area is 94,070 representing a change of 0.93% annually from 2013 to Currently, the population is 47.5% male and 52.5% female. Median Age The median age in this area is 33.9, compared to U.S. median age of Race and Ethnicity 2013 White Alone 77.0% 75.1% 73.9% 2013 Black Alone 7.4% 8.5% 9.0% 2013 American Indian/Alaska Native Alone 0.2% 0.2% 0.2% 2013 Asian Alone 11.4% 12.4% 13.1% 2013 Pacific Islander Alone 0.0% 0.0% 0.0% 2013 Other Race 1.7% 1.5% 1.4% 2013 Two or More Races 2.2% 2.3% 2.4% 2013 Hispanic Origin (Any Race) 5.9% 5.9% 5.8% Persons of Hispanic origin represent 5.8% of the population in the identified area compared to 17.4% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 49.1 in the identified area, compared to 62.1 for the U.S. as a whole. Households 2000 Households 11,325 27,842 43, Households 16,231 35,591 54, Total Households 16,963 37,454 57, Total Households 17,799 39,547 60, Annual Rate 3.66% 2.49% 2.29% Annual Rate 1.37% 1.58% 1.44% Annual Rate 0.97% 1.09% 1.00% 2013 Average Household Size The household count in this area has changed from 54,587 in 2010 to 57,191 in the current year, a change of 1.44% annually. The five-year projection of households is 60,101, a change of 1.00% annually from the current year total. Average household size is currently 1.52, compared to 1.52 in the year The number of families in the current year is 15,056 in the specified area. Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

8 DEMOGRAPHICS CONTINUED Median Household Income Executive Summary 158 W. Erie Prepared by Mark Jones 158 W Erie St, Chicago, Illinois, 60654, Latitude: Rings: 0.5, 0.75, 1 mile radii Longitude: miles 0.75 miles 1 mile 2013 Median Household Income $80,746 $69,963 $71, Median Household Income $93,228 $85,428 $87, Annual Rate 2.92% 4.07% 3.98% Average Household Income 2013 Average Household Income $110,260 $103,904 $106, Average Household Income $130,139 $124,388 $128, Annual Rate 3.37% 3.66% 3.80% Per Capita Income 2013 Per Capita Income $70,994 $67,553 $68, Per Capita Income $83,862 $80,923 $83, Annual Rate 3.39% 3.68% 3.83% Households by Income Current median household income is $71,626 in the area, compared to $51,314 for all U.S. households. Median household income is projected to be $87,046 in five years, compared to $59,580 for all U.S. households Current average household income is $106,798 in this area, compared to $71,842 for all U.S households. Average household income is projected to be $128,673 in five years, compared to $83,667 for all U.S. households Current per capita income is $68,818 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected to be $83,047 in five years, compared to $32,073 for all U.S. households Housing 2000 Total Housing Units 12,603 31,768 49, Owner Occupied Housing Units 3,432 10,861 17, Owner Occupied Housing Units 7,893 16,981 25, Vacant Housing Units 1,278 3,926 6, Total Housing Units 19,783 43,098 66, Owner Occupied Housing Units 6,648 14,891 23, Renter Occupied Housing Units 9,583 20,700 31, Vacant Housing Units 3,552 7,507 12, Total Housing Units 20,231 44,562 68, Owner Occupied Housing Units 6,695 15,119 23, Renter Occupied Housing Units 10,268 22,335 33, Vacant Housing Units 3,268 7,108 11, Total Housing Units 20,382 45,331 69, Owner Occupied Housing Units 7,279 16,433 25, Renter Occupied Housing Units 10,520 23,114 34, Vacant Housing Units 2,583 5,784 9,547 Currently, 34.0% of the 68,559 housing units in the area are owner occupied; 49.4%, renter occupied; and 16.6% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 66,961 housing units in the area % owner occupied, 46.9% renter occupied, and 18.5% vacant. The annual rate of change in housing units since 2010 is 1.05%. Median home value in the area is $317,231, compared to a median home value of $177,257 for the U.S. In five years, median value is projected to change by 6.51% annually to $434,808. Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult

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