INVESTMENT OFFERING 1550 W CARROLL

1550 W CARROLL Chicago, Illinois

INVESTMENT OFFERING

Cushman & Wakefield Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Eric Sorensen312 470 2315 [email protected]

Dirk Riekse312 470 1817 [email protected]

Adam Schneiderman, SIOR773 736 [email protected]

For more information, please contact:

1550 W CarrollChicago, Illinois






Investment Highlights

1550 West Carroll is a unique opportunity in Fulton Market West that consists of an 90,000 SF office building and a 62,000 SF land site at 1450 West Carroll with potential for development. The building is timber loft construction with numerous quality upgrades including new windows, sandblasted ceilings, and a new roof.

The building is 95% leased with under market rents and near public transportation. Centrally located in Chicago’s burgeoning Fulton Market neighborhood, these properties are just minutes from Chicago’s famous Restaurant Row, the property and land site are surrounded by high-quality dining, shopping, and fitness options.

1.5 milesProximity to

the Loop

Quick Stats

5 minDrive to

I-90/I-94 access

5 blocksto Restaurant Row

2 blocksto Ashland “L” Station

University of Illinois

at Chicago

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CHICAGO CBD SUBMARKETS

1550 W Carroll







Building Size: 89,884 SF on 41,686 SF of Land

Parking / Future Development:

170 cars newly paved, secured gated lot - 62,000 SF of land

Suites: Currently 16 individual suites ranging in size from 2,107 SF to 9,344 SF

Construction: Masonry / timber loft

Ceiling Height: 12’-14’ clear

Year Built: 1920s

Loading: 3 interior recessed docks, 3 drive-in doors

Sprinklered: Wet system

Power: Heavy

Zoning: PMD - 4 A

Heating / Air Conditioning: Full building (each suite has its own controls)













1550 W Carroll

1450 W Carroll

Potential for Development

University of Illinoisat Chicago

Illinois MedicalDistrict

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220 N GREENWeWork

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315 N RACINE CH Robinson

240 N ASHLANDCB2

110 N CARPENTER McDonald’s

1040 W RANDOLPHSterling Bay

320 N ELIZABETH MosaicUber

1000 W FULTONGoogleThe MillSandbox IndustriesSRAM

1330 W FULTONGlassdoorSkenderDyson

1500 W CARROLLLimitless CoffeeBreatherNeato Agency 210 N CARPENTER

Leopardo

333 N GREENWPP

RESIDENTIAL OFFICE

HOTEL

RESTAURANTS & RETAIL

1 Ace Hotel311 N Morgan

2 Hoxton Hotel*200 N Green

3 Nobu Hotel†848 W Randolph

4 Soho House113 N Green

1 Girl & the GoatNia RestaurantJubilee Jice & GrillSushiDOKKUHarold’s Chicken ShackCafe Apollo

2 NellcôteJaipurRM Champagne SalonGreen Street MeatsParlor Pizza BarHigh Five RamenBilly Reid

3 Little Goat Dinerde ceroLone WolfBad HunterAu ChevalToday’s Taco CorporationThe Happy Point

4 Bar SienaFlyBarBombobarNosh & BoozeMaude’s Liquor BarGrange Hall Burger Bar

5 Ramen TakeyaCemitas PueblaPaddy O’Fegan’sMomotaro

6 The PublicanGus’s Fried ChickenDuck Duck GoatPunch Bowl Social†EmporiumKuma’s CornerBeatrix

7 NextThe AviaryRoisterBar Takito

8 Leña BravaCruz Blanca

9 Nonna’s SandwichesFormentosJ.P. Graziano Grocery

10 Eastman Egg Co.Nando’sLa ColombePorkchop

11 FreepeopleAnthropologieSweet GreenVERAFox TrotDunkin DonutsFederales

12 Fox TrotDunkin DonutsFederalesChase BankDunkin Donuts

13 Alhambra PalaceCity WineryMacello Ristorante

14 Lou Malnati’s

15 CorePower YogaElskeBespoke CuisineGyu-Kaku Japanese BBQWest Loop Athletic CluburbanbellybellyQBottom LoungeSmyth & The Loyalis

16 Kaiser Tiger

17 Whole Foods

18 Mariano’s

19 Goose Island Brewery

20 800 & 810 W Fulton*

21 Pure BarreFreshii

22 Honey’s

23 MonteverdeWishbone

24 El Che Bar

25 Shake ShackHoneygrowDo-Rite Donuts Starbucks

26 Stumptown Coffee RoastersLa Sirena Clandestine

27 Bucketfeet

28 Swift & Sons Cold Storage

1 727 West Madison†Fifield Companies and F&F Realty

2 845 W Madison†John Buck Company

3 Illume†111 S PeoriaLG Development Group

4 170 N Green*Bridgford Foods Corporation

5 900 W Washington*Taris Real Estate

6 Union West*ZOM Mid-Atlantic

7 Lake & Sangamon*920 W LakePatrick FitzGerald

8 1000 W Monroe*

9 1050 W Monroe*Michigan Avenue Realty Group

10 CA Washington†27 N AberdeenBelgravia Group

11 33 N Aberdeen*Michigan Avenue Realty Group

12 The Aberdeen†171 N AberdeenMCZ Development Corporation

13 1115 W Washington*Peerless Real Estate Investment

14 19 N May*Peerless Real Estate Investment

15 The Residences on Racine†236 S RacineInterforum Holdings

16 1375 W Fulton*High Street Residential

17 20 N Loomis†Taty Construction

18 33 S Ashland†Michigan Avenue Real Estate Group

1 811 W Fulton*Shapack Partners

2 Thor I*820 W FultonThor Equities LLC

3 Thor II*905 W FultonThor Equities LLC

4 171 N Green*Bridgford Foods

5 Coyne College Site*330 N GreenSterling Bay

6 333 N Green^Sterling Bay

7 215 N Peoria†Shapack Partners

8 900 W Randolph† Partial retailTucker Development Corporation

9 McDonald’s HQ†110 N CarpenterSterling Bay

10 210 N Carpenter^Sterling Bay

11 1055 W Fulton*Sterling Bay

12 1032 W Fulton*Summit Design & Build

13 1201 W Lake*McCaffery Interests, Inc.

14 Plumbers Local 130 Training Center†1400 W WashingtonChicago Journeyman Plumbers

15 Fulton West1330 W FultonSterling Bay

16 Uber Technologies Inc.300 North Elizabeth Sterling Bay

17 1514 W Carroll*Dayton Street Partners LLC

18 176 N Halsted*Shapack Partners

*Proposed

†Under Construction

^Planned

1550 W CARROLL62,000 SF OF LAND


1550 W CARROLL Chicago, Illinois






Documents

INVESTMENT OFFERING 1550 W CARROLL