201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607
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1 ±24,153 SF AVAILABLE FOR SALE / LEASE EXCITING NEW DEVELOPMENT OPPORTUNITY IN FULTON MARKET Thomas Boyle, SIOR Senior Vice President tomboyle@lee-associates.com D Fred Freeman Vice President fred.freeman@transwestern.com D 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.
2 AVAILABLE FOR SALE / LEASE PROPERTY VISION
3 PROPERTY OVERVIEW SITE SPECIFICATIONS: SITE SIZE: PRICING: ZONING: POTENTIAL RE-ZONING: ±24,153 SF Subject to Offer M2-3 F.A.R. 3.0 (Industrial) C1-2 F.A.R. 2.2 C1-3 F.A.R. 3.0 DX-3 F.A.R. 3.0 DX-5 F.A.R. 5.0 DX-8 F.A.R. 8.1 COMMENTS: 24,153 SF site on the corner of Lake Street and Elizabeth in Chicago s West Loop neighborhood The site offers a very efficient configuration for office development: 257 (Lake Street) and 165 (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
4 AVAILABLE FOR SALE / LEASE SITE PLAN
5 BUILDING PLAN
6 AVAILABLE FOR SALE / LEASE AREA AMENITIES APARTMENTS & CONDOS Catalyst Apartments Circa 922 Gateway West Loop Lux24 Apartments The Madison Presidential Towers LIVE 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 NEW OFFICE DEVELOPMENTS 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 Facebook - 15,000 SF WORK COMMUTE
7 AREA AMENITIES EAT PLAY SHOP LOCAL RESTAURANTS Au Cheval Avec Girl & the Goat Grace Momotaro Publican Quality Meats LOCAL FUN Haymarket Pub & Brewery City Winery SoHo House UIC Theater Maude s Liquor Bar The United Center SHOPPING Randolph Street Market Chicago French Market Target Tribeca Boutique Free People
8 AVAILABLE FOR SALE / LEASE AREA MAP
9 Restaurants 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 Shop 10 Beatrix 11 Kuma's Corner 12 Fulton Mkt Kitchen 13 La Sirena Clandestina 14 City Mouse Chicago 15 Smack Shack 16 Swift & Sons 17 Cold Storage 18 Pizzeria del Mercato 19 McDonald's 20 The Harvest Juicery 21 Next 22 Roister 23 Duck Duck Goat 24 Gus' Fried Chicken 25 The Betty 26 The Publican 27 Shake Shack 28 Do-Rite Donuts 29 The Corned Beef Factory 30 Dunkin Donuts 31 Vera 32 Honey's Chicago 33 Macello Ristorante 34 Smith & the Loyalist 35 Urbanbelly 36 Kaiser Tiger 37 Gyu-Kaku 38 Elske 39 Alhambra Palace 40 Lou Malnati's 41 Forno Rosso Pizzeria 42 La Colombe Coffee 43 Nando's Peri-Peri 44 Umami Burger 45 Porkchop 46 Starbucks 47 Cruz Blanca 48 Nonna's 49 Formento's 50 Perez Mexican Restaurant 51 Jaipur 52 Nellcote 53 Green Street Smoked Meats 54 Parlor Pizza 55 Dunkin Donuts 56 Sushi Pink 57 Wishbone 58 Subway 59 La Sardine 60 Billy Goat Tavern 61 Dunkin Donuts 62 La Cuchara 63 Subway 64 Palace Grill 65 Viaggio Ristorante 66 West End Grill & Tavern 67 Nohea Café 68 Talay 69 Freshii 70 The Great American Bagel 71 Mad Social 72 Butterfly Sushi 73 Crossroads Bar & Grill 74 Cone Gourmet Ice Cream 75 Monteverde 76 Pockets 77 Starbucks 78 Ciao! Cafe 79 Grange Hall 80 The Polenta Bar Bars/Nightclubs Nightclub 2 The Aberdeen Tap 3 Cobra Lounge 4 Transit Nightclub 5 Bottom Lounge 6 City Winery 7 Federales 8 Bar Takito 9 The Aviary 10 Bar Siena 11 Maude's Liquor Bar 12 RM Champagne Salon 13 El Che Bar 14 The Madison Bar 15 Beer Bistro 16 Third Rail Tavern 17 The Hive 18 Club 858 Hotels 1 Ace Hotel 2 Hoxton Hotel 3 Nobu Hotel Banks 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 Grocery 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 Health/Beauty 1 Fulton Fithouse 2 Chicago Pole Dance Academy 3 Crossfit Precision Human Performance 5 West Loop Athletic Club 6 Johnny's Ice House 7 Wattage 8 Performance Training Systems 9 Core Power Yoga 10 Pure Barre 11 Crosstown Fitness 12 Bare Feet Power Yoga 13 Brooklyn Boulders 14 Center for Body Movement 15 Sana Vita Yoga & Pilates 16 Anatomy Redefined 17 Chamin Nail Studio 18 Studio Exfole8 20 Be Fabulous 21 Snippets Mini-cuts 22 Salon DJ Hairtography 23 Snap Hair 24 Mane Salon 25 FM Hair Studio 26 Axelle + Ivy Salon 27 Art + Science Salon 28 Pinky Nail Studio 29 Beauty Mark Salon 30 Solo Salon 31 Lacquer Day Spa 32 Nail Party 33 The Hair Loft 34 Main Abstracts Hair Salon 35 Base Salon 36 European Wax Center 37 G2 Men's Salon 38 Bangs Hair Salon 39 L.A. Tan 40 Elle Nail Spa 41 Allure Nail Salon 42 Handcrafted Barber Shop 43 Ora Dental Studio 44 West Loop Dental 45 Spex Other Retail 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 Shop 10 Tesla 11 Steve's Flower Market 12 Sherwin-Williams 13 Pagoda Red 14 Dose Market 15 Linda Warren Gallery 16 Tucker's Pup Resort 17 Mars Gallery 18 Latin Rhythms Dance Academy 19 Kavi Gupta Gallery 20 Gateway Auto Service 21 Kids & Company Day Care 22 VCA Animal Care 23 A/M Shop 24 Stub Hub 25 Big City Swing Dance School 26 Free People 27 West Loop Pharmacy 28 Rhona Hoffman Gallery 29 West Loop Auto Spa 30 Kavi Gupta Gallery 31 Carrie Secrist Gallery 32 M2057 by Maria Pinto 33 Gold Coast Tickets 34 Victoria Sdoukos Couture Bridal 35 FedEx Office 36 Morgan Cleaners 37 The Fig Tree 38 Smitten Boutique 39 Cat & Mouse Games 40 Wigglyville Pet Boutique 41 Studio East6 42 Leaders Standing Room Only Authentics 44 H&R Block 45 AlphaGraphics 13 13
10 AVAILABLE FOR SALE / LEASE PROMINENT NEIGHBORS 15,000 SF 16,000 SF 52,000 SF 64,000 SF 75,000 SF 75,000 SF 85,000 SF 108,000 SF 232,000 SF 230,000 SF 240,000 SF 293,000 SF 300,000 SF 362,048 SF 604,000 SF
11 ABOUT LEE & ASSOCIATES LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. Our European Partner 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. 104% increase in transaction volume over 5 years $10 billion transaction volume in agents and growing nationwide Seattle, WA Walnut Creek Vancouver, BC Canada Twin Cities, MN Pasadena, CA Eastern Pennsylvania Columbus, OH Houston, TX Denver, CO Cleveland, OH Long Island-Queens, NY Chesapeake Region, MD Edison, NJ Orlando, FL Charleston, SC Fort Myers, FL Manhattan, NY Greenville, SC Atlanta, GA Greenwood, IN Indianapolis, IN Indianapolis, IN Long Beach, CA Elmwood Park, NJ Boise, ID ISG, LA, CA Palm Desert, CA Santa Barbara, CA Antelope Valley, CA Dallas, TX Madison, WI Oakland, CA Reno, NV San Diego - UTC, CA Ventura, CA San Luis Obispo, CA Southfield, MI Los Olivos, CA Calabasas, CA St. Louis, MO Chicago, IL Victorville, CA Temecula Valley, CA Central LA, CA Sherman Oaks, CA West LA, CA Pleasanton, CA Stockton, CA Phoenix, AZ Carlsbad, CA Industry, CA LA - Long Beach, CA Riverside, CA Ontario, CA Newport Beach, CA Orange, CA Irvine, CA 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 entering 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.
12 AVAILABLE FOR SALE / LEASE Thomas Boyle, SIOR Senior Vice President tomboyle@lee-associates.com D Fred Freeman Vice President fred.freeman@transwestern.com D 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.
201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607
EXCITING NEW DEVELOPMENT OPPORTUNITY IN FULTON MARKET ASPEN FOODS 201 NORTH ELIZABETH STREET CHICAGO, ILLINOIS 60607 94 Thomas Boyle, SIOR Senior Vice President tomboyle@lee-associates.com D 847-814-4496
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