Property Analytics 1001 N North Branch St Warehouse - North Chicago Submarket | Chicago, IL 60642 258,866 1.38 1915 11,426 - 324,359 $10.00 - 20.00/FS Not Disclosed SF RBA AC Lot Built Available SF Asking Industrial Rent Sale Price Key Metrics Submarket Submarket AVAILABILITY Property 2-4 Star Submarket DEMAND Property 2-4 Star Submarket Market Rent/SF $12.59 $12.07 $12.22 12 Mo Net Absorption SF 0 520K 447K Vacancy Rate 100% 8.1% 7.6% 12 Mo Leased SF O 884K 918K Vacant SF 259K 5.5M 5.6M 6 Mo Leasing Probability 38.4% 38.6% Availability Rate 100% 10.8% 10.1% able SF Direct 259K 7.3M 7.4M Available SF Sublet 212K 212K Available SF Total 259K 7.5M 7.6M Months on Market 7.4 11.9 11.6 Submarket Submarket INVENTORY Property 2-4 Star Submarket SALES Property 2-4 Star Submarket Existing Buildings 1,711 2,378 12 Mo Transactions 73 101 Inventory SF 259K 68.2M 74.1M Market Sale Price/SF $99 $102 Average Building SF 39.9K 31.2K Average Market Sale Price $4M $3.3M Under Construction SF 1.3M 1.3M 12 Mo Sales Volume $198M $215M 12 Mo Delivered SF 263K 263K Market Cap Rate 7.4% 7.5% # 161549191 10/3/2023 2023 CoStar Realty Information Inc. CoStar Page 1100 North Branch P... 1001 N North Branch St Warehouse - North Chicago SF ABA 1.38 1915 11,426 - 324,359 $10.00 - 20.00/FS Not Disclosed CHICAGO IL 606 Available SF Asking Industrial Rent Sale Price Sale _ For Lease For Sale 2 Listings - Price Not Disclosed Smallest Space ndustrial Avail 324.359 SF sale type # of Properties Max Contiguous 188.340 SF Status # of Spaces Sold Price $6,500,000 ($25.11/SF) vacant 258,866 SF sale type Investment Loas $10.00 - 20.00 Financing Unknown: Heartland Bank and Trust Company Service Type Full Service Gross Bal/Pmt: $4,879,500/- Space Sale Highlights Floor . Access to a strong labor force. p 1st 11.426 - 24,453 SF industrial . Chicago River exposure. 13,027 - 24,453 SF . Unmatched views of the Central Business District and surrounding neighborhoods. 72:128- 37.164 S 8 8 8 8 8 8 8 8 . Unique redevelopment opportunity with parking. 24.018 - 37 238 SE $220 - 37.164 SF Building P Sra 29 766 SE Type 3 Star Industrial Warehouse Location Urban 2 Other Spaces RBA 258,866 SF Year Built Market Conditions Tenancy Multi Typical Flo Vacancy Rates 43,144 SF Owner Occup YOY Change Class Submarket 2-4 Sta Subject Property 8.1% Market Overall 100.096 Docks 9 ext Clear Heigh 12 to1./10' w x 12' h Column 135" Drive Ins Cross Docks Elevator 1'w x 21'd Market Rent Per Area $12.07/9 7.5% Construction Masonry Call Sp $12.59/SF 82.7%% Market Overall $9.30 /SF T Building Ht Truck Wells None Submarket Leasing Activity. Power 3,000 a/ Heavy Months on Mark 0.1 mc 12 Mo. Leased 933,096 SF -20.3%% Utilities Gas, Heating - Gas, Lighting, Water Submarket Sales Activity. Prev Yea 2 Walk Score@ Transit Score@ Very Walkable (79) Excellent Transit (73 Market Sale Price Per Area $102/SF $101/SF 12 Mo. Sales Volume $214.57M $435.33N Parking Ratio 0.77/1,000 SF Property Contacts Parking Type Spaces Surface 200 Recorded Owner 909 Partners, LLC Land Owner Type Developer/Owner-RGNL Land Acre 60,113 SF R2 Companies Bide FAR 1.38 AC Land SF Primary Leasing Sale Broker Colliers Zoning PD- 3 Documents About the Owner For Sale R2 Companies Brochure Brochure 2 1200 N Branch St, Suite 100W COMPANIES Chicago, IL 6064 Property United States ABrochure (312) 226-9737 (p) www.r2.me Since Mar 3, 2014 Public Record 2021 Assessment R2 owns, operates and manag spects of the real Improvements S $1,042,260 $16.62/SF $2,191,524 3 estate investment process. R2 is a fully integrated, private equity Chicago, Milwaukee, and Minneapolis. It develops. Total Value $3,233,784 $51.55/SF 50% of last sale undamentals. operates, and invests in real estate assets in high barrier-to-entry markets with favorable supply and demand Parcels 17-05-406-005-0000 Public Transportation Demographics Transit/Subway Drive Distance 1 mile Grand Avenue Station (Blue Line) 2 min 14 min 0.8 mi Population 68,120 522,53 Chicago Avenue Station (Blue Line) 2 min 15 min 0.8 mi Household 34,895 272,02 North/Clybourn Station (Red Line) 2 min 16 min 0.9 mi Median Age 38 37.8 Division Station (Blue Line) 3 min 17 min 0.9 mi Median HH Income 128,689 $112,845 Chicago Avenue Station (Brown, Purple Lines) 3 min 20 min 1.1 mi Daytime Employees 44,725 744,19 Commuter Rail Drive Wall Distance Population Growth 23 - '28 4 5.30% 4 3.829 Chicago Ogilvie Transportation Center Commuter Rail (U.. min 1.6 mi Household Growth '23 - '28 45.03% 4 3.74%% Clybourn Station Commuter Rail (Union Pacific North, Un. 4 min 1.6 mi Airport Drive Walk Distance Chicago Midway International Airport 20 min 11.8 mi Chicago O'Hare International Airport 25 min 15.8 mi100 North Branch P... EE Location Traffic Images nd Address 909 W Bliss St Collection Street N Ogden Ave SE Last Measure Submarket W Bliss St North Chicago N River Walk N Ogden Ave SE Submarket Clus IN River Walk Urban North North Branch Street N Cherry Ave E position Type N North Branch St N Cherry Ave E N Halsted St Cook N Halsted St N Hooker St 'S 0.17 mm CBSA icago-Naperville-Elgin, IL-IN-WI Halsted st 0.18 mi United States N Halsted St W Division St N 0.20 m country Made with frame Flood Risk Flood Risk Area FEMA Flood Zone Moderate to moderate flood hazard, usually the area between the limits of the 100-year and 500-year floods. Primary Photo Building Photo SEHA 100-year and 500-year In SFHA FEMA Map Identifier 17031C0419J FIRM Panel Number 0419J FEMA Map Date Aug 19, 2008 Property ID: 733171: Building Photo Plat Map 2 1001NB_FLR1_03 1001NB_FLR1_02 3 1001NB_FLR1_01 1001NB_FLR2_02100 North Branch... 1001 N North Branch St Warehouse - North Chicago 258,866 1.38 1915 11,426 - 324,359 $10.00 - 20.00/FS Not Disclosed Submarket SF RBA AC Lot Built Available SF Asking Industrial Rent Sale Price Chicago, IL 60642 1 Market Financials Showing financials for this Market (Chicago - IL, Industrial). Per SF Most Recent 2022 2021 2020 Number of Months Covered 12 12 12 Statement Ending Date Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 2 INCOME: Base Rent $2.91 $10.94 $6.96 $7.26 se Reimbursement $0.98 $3.93 $1.94 $1.81 Percentage Rent Parking Income $0.08 $0.14 $0.09 $0.06 Other Income $0.07 $0.26 $0.17 $0.05 3 Effective Gross Income $3.64 $13.81 $8.39 $8.66 OPERATING EXPENSES: Real Estate Taxes $0.69 $2.38 $1.71 $1.88 $0.08 $0.14 Property Insurance $0.31 $0.17 Utilities $0.19 $0.57 $0.35 $0.36 Repairs and Maintenance $0.20 $0.85 $0.55 $0.48 Janitorial $0.02 $0.26 $0.20 $0.22 Management Fees $0.13 $0.42 $0.34 $0.27 Payroll & Benefits $0.17 $0.43 $0.39 $0.39 Advertising & Marketing $0.04 $0.02 $0.03 $0.03 Professional Fees $0.06 $0.11 $0.14 80'0$100 North Branch... Most Recent 2022 2021 2020 General & Administrative $0.08 $0.25 Building Photo $0.18 $0.16 Other Expenses $0.55 $1.63 $1.59 $1.96 Ground Rent $0.00 $0.80 50.00 $0.00 Total Operating Expenses $1.24 $4.40 $3.28 $3.53 Operating Expense Ratio (%) 34.08 31.88 39.12 40.73 2 Net Operating Income $1.86 $7.68 $4.77 $4.78 CAPITAL ITEMS: Leasing Commissions $0.14 $0.19 $0.16 $0.17 Tenant Improvements $0.19 $0.26 $0.26 $0.27 Capital Expenditures $0.16 $0.77 $0. 16 $0.22 Extraordinary Capital Expenditures $0.02 $0.05 $0.13 $0.04 Total Capital Items $0.16 $0.65 $0.37 $0.53 3 Net Cash Flow $1.84 $7.49 $4.64 $4.30 NOI DSCR 1.43 1.48 1.72 1.6 NCF DSCR 1.41 1.45 1.67 1.44 Occupancy Rate (%) 98.0 98.0 98.0 95.0 Primary Photo Images