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300 N. OGDEN AVENUE NelsonHill Creating Maximum Value in Real Estate

NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

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Page 1: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

300 N . O G D E NA V E N U E

NelsonHillCreating Maximum Value in Real Estate

Page 2: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

www.NelsonHill.com

All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of price or terms without notice.

property overview2

PROPERTY OVERVIEW

NelsonHill is pleased to present, 300 N. Ogden Avenue- a highly desirable boutique

two story brick and timber retail/office building. The unique property has tremendous

visibility and anchors the west entrance to Chicago’s Fulton Market district. Located on

the busy Ogden Ave corridor it has tremendous branding opportunities and is less than

two-thousand feet from the Ashland CTA Green and Pink Line station. It is less than one-

thousand feet from Chicago’s Union Park as well as Restaurant Row located on Randolph

Street.

300 N. Ogden Avenue is zoned within the PMD-4, planned manufacturing district of

Chicago. The purpose of PMD districts was to foster, strengthen and encourage the

growth of Chicago’s industrial base. But the PMD between Ogden and Ashland is rapidly

changing to accommodate growing office, tech and niche production demand.

SPECIFICATIONS

HIGHLIGHTS

• Primary Anchor Tenant with exclusive high visibility and branding opportunities and

great exposure on busy Ogden Avenue

• Less than 2000’ from Ashland CTA Green/Pink Line Station

• Vibrant West Loop neighborhood with trendy restaurants and bars

• 3-4 parking spaces available and additional neighborhood paid parking space options

BUILDING SIZE + 12,232 SF

AVAILABLE SPACE + 4,904 SF

LAND SIZE + 7,437 SF

PARKING 3-4 SPACES OF OFF-STREET PARKING AVAILABLE

CONSTRUCTION MASONRY

ZONING PMD-4

PIN(S) 17-08-311-006-0000, 17-08-311-007-0000

2017 TAXES $17,063.93 ($1.60 PSF)

LEASE RATE (AS IS): $25 PSF MODIFIED GROSS

PROPERTY STREETVIEWPROPERTY AERIAL

300 N. Ogden AvenueFOR LEASE

Page 3: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

W. FULTON ST.

N. OGDEN AVE.

BLUE PLATECATERING

FULTON WEST

GOOGLE HEADQUARTERS

PINK & GREEN LINE TRAINS

300 N. OGDEN

PROPERTY PHOTOS

UNIQUE LOCATION

PROPERTY AERIAL VIEW

Situated at the West entrance to Fulton Market District and adjacent to a new 13 story 315,000 square feet office and retail (proposed) development. A city approved and soon to be installed traffic light insures high visibility from the busy Ogden Ave that connects the Fulton Market District to the Major Expressways and to the North West neighborhoods.

FLEXIBLE SPACEPrimary tenant opportunity with flexible office / warehouse / workspace layout with street entrance and 2 large garage bays.

Page 4: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

PROPERTY FLOOR PLAN

WAREHOUSE SPACE

4'7" x 7'4"

8'6" x 6'6"

BATH8'2" x 8'7"

13'0" x 16'9"

ENTRY16'6" x 13'3"

42'6" x 15'11"

39'3" x 37'7"

42'0" x 17'9"

HALL

3'4" x 9'11"

41'7" x 33'1"

HALL12'11" x 3'7"

www.NelsonHill.com

Page 5: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

FULTON

LIFE BOOK

MAP LEGENDNELSONHILL TRANSACTIONS

DIVVY STATION

CTA STATION

PLANNED

5.0 BASE FAR, 7.7 MAX FAR

PROPOSED ZONING EXPANSION

HISTORIC OVERLAY DISTRICT

ZONING EXPANSION

N O

GD

EN A

VE

W GRAND AVE

TS N

AG

RO

M N

TS

ENI

CA

R N

W FULTON MKTW FULTON MKT

W LAKE STW LAKE ST

W RANDOLPH ST

W MADISON ST

W HUBBARD ST

W KINZIE ST W KINZIE ST

W OHIO ST

W OHIO ST

TS N

OIN

U N

TS NEE

RG

N

AIR

OEP

NTS

W WAYMAN ST

N U

NIO

N A

VE

W CARROLL AVEW CARROLL AVE

W CARROLL AVE

W ARBOUR PL

W KINZIE ST

MACELLORISTORANTE

SAWTOOTH

MONTESSORISCHOOL

LUXEGREATAMERICANBAGEL

CROSSROADSBAR & GRILL

MADISON STREET KITCHEN

G2 MEN’SSALON

BREW &GROW

MERIT SCHOOL OF MUSIC

ULTABEAUTY

GREEN ST.SMOKED MEATS

HAROLD’SCHICKEN

WCIU-TV

TAKHOLDESIGN

LECOLOMBE

STUBHUB

MUSICBOXFILMS

COLUMBUS MEAT

QUALITYFOODS

AMITYPACKINGLAKE ST

LOFTS

JOHN R.MORREALE

ECONOMYPACKING

PICKENSKANEPAGODA

RED

TERRY’STOFFEE

ABERDEENTAP

CASA DELSOL

COOPERTECHNICA

MARTANTHONY

SALERNO’S

BERT’SCAR WASH

D’AMATO’SBAKERY

GREAT LAKES TATTOOS

TWISTEDSPOKE

THEOGDEN

TWO

EMMIT’SIRISH PUB

PICCOLOSOGNO

LA SCAROLA

IGUANACAFE

BARTAKITO

LA SIRENACLANDESTINA

FULTON MKTKITCHEN

LATINOMEAT

BENNETT DAY SCHOOL

PARAGONSTUDIOS

THE MID

MOMOTARO

PADDYO’FEGAN’S

TURNINGLEAF COMM.

DE CERO

MAUDE’S LIQUOR BAR

NOBU

HAYMARKETPUB

AUCHEVAL TANOSHII

BARSIENA

THIRDRAILTAVERN

MADISONCLEANERSFIRST

EAGLEBANK

PLUMBER’SLOCAL UNION

WESTEND

THE GARDNERSCHOOL OFCHICAGO

JOHNNY’SICEHOUSE

GRACIE’SCAFE

220

N31

N 853

0 N531N

W WASHINGTON BLVD W WASHINGTON BLVD

HISTORIC DISTRICT OVERLAY

UNIONPARK

TS NEE

DRE

BA

N

TS Y

AM

N

TS ELB

ON

N

TS A

DA

N

NTS

RU

OM

RA

TS N

OM

AG

NAS

N

TS AI

ROE

P N

NEE

DRE

BA

NTS

NEP

RA

C N

TS RET

W RUNDELL PL

W ARCADE PL

TS Y

AM

N

TS HTE

BA

ZILE N

TS A

DA

N

TS SIM

OOL

N

SIB

NP

OH

TS

TS P

OO

RHT

N

MA

GN

AS N

TS N

O TS AI

ROE

P N

NEE

RG

NTS

N

NI LF

ALTS

L N

SIM

OO

TSN J

UST

INE

ST

1500 W

12001234 W W

1015 W

945 W

905 W

1001 W

45N 0

N 513

17N 2

1516 W

E’S

N OGDEN A

VE

N MILWAUKEE AVE

TS D

ETSLA

H N

TS D

ETSLA

H N

TS E

NIC

AR

N

materials marketing

PEORIAPACKING

FOUR STAR FOODS

RIZESPRODUCE

JUPITEROUTPOST

CRISTINAFOODS

ABERDEENAUTO

ASPENFOODS

FABRI SAUSAGE

ATKFOODSINTERNATIONALSEAFOOD

METHODBICYCLE

MCDFOODS

TUCKERPUP’S PET RESORT

FM HAIRPRODUCTS

SAM’SMEAT

CONSUMERSSUPPLY CO.

SOUTH CENTRAL BANK

A & AAUTOMOTIVE

TETECHARCUTERIE

MIDTOWNTRANSFER

ADMMILLING

PIZZERIADEL MERCATOCDT

MAHZELMETALSH.O.M.E.

MEDACTA

VICTORYRECORDS

GENIECO

LYON &HEALY

GREENBEGINNINGS

BAGGIAAUTO

RELIABLEPLATING

COBRALOUNGE

RICKARDBINDERY

KUNZGLOVE

LESLIE HINDMANAUCTIONEERS

1229 W

1217 W

1134 W

PEREZFLOYD’SBARBERSHOP

GRANGE HALL BURGER BAR

SUBJECT PROPERTY

FULTON MARKET | WEST LOOP AMENITIES MAP

RESTAURANT ROW

www.NelsonHill.com

neighborhood analysis 9

The Fulton Market District in Chicago’s West Loop has a rich history in meat-packing as Chicago’s original marketplace. The area is experiencing substantial growth in loft-office conversions, attracting corporate brands and multi-tenant developments such as: 1K Fulton, Morgan Manufacturing and Fulton West (planned).

The subject property is located at the corner of Fulton and Ogden Avenue. 1,000’ from Union Park and the thriving Restaurant Row located on W. Randolph Street.

300 N. OGDEN AVENUE

Restaurant Row along Randolph Street has become a hub for world renowned restaurateurs. This transitioning neighborhood is home to the trendiest bars and restaurants in Chicago and a popular destination for “foodies.”

Page 6: NelsonHill · le cm. de ero mas liar nobu h aym rk t ub au eval ta i ar na hird il tarn maon rst aners e l a nk plmb’s l oca n esnd eg r of c go hny’s icse gracie’s fe 2 2 0

OFFICE LEASE

OPPORTUNITY

FULTONMARKET

property photos 10

CONTACT

MICHAEL D. NELSON, SIOR

312-267-1102

[email protected]

MICHAEL J. CONWAY

312-586-2770

[email protected]

MARK A. NELSON, SIOR

312-267-1101

[email protected]