Offering Memorandum

CREEKSIDE PLAZA | FREESTANDING MEDICAL

BUILDING200-300 McHenry RoadWheeling, Illinois 60090

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Chicago Executive Airport

Elmhurst Rd16,600 VPD

McHenry Rd16,050 VPD

83

UPTOWN 500Transit-Oriented, Mixed-Use

Development321 Residential Units

10,500 SF of Retail(2020 Estimated Completion)

WHEELING TOWNE CENTER140,000 SF Retail

301 Residential Units

99,802 People Within Three Miles of Subject Property

with an Average Household Income of $135,534

Subject Property

INVESTMENT HIGHLIGHTS

� Value-Add Opportunity by Leasing Four Separate Units Totaling 4,800 Square Feet of Vacant Space

� Located at the Signalized Intersection of Elmhurst Road and McHenry Road | 32,650 Combined Vehicles Passing per Day

� Triangular Lot Positioning Allows for Maximum Visibility | Over 1,100 Feet of Combined Frontage

� Large 5.93-Acre Parcel with Abundant Parking (Approximately 175 Surface Spaces) and Multiple Points of Ingress/Egress | Strong Residual Value

� Priced Significantly Below Replacement Cost at Only $114.57 per Square Foot | Replaceable Rents Averaging $15.86 per Square Foot

� Creekside Health Center (Freestanding Building) has a Lease Through February 2025 with One, 10-Year Option

� Half a Mile to Newly Constructed $110 Million Transit-Oriented Mixed-Used Wheeling Town Center and Uptown 500 (321 Residential Apartment Units)

� Metra Station is Less than One Mile Away | North Central Service Line has Over 1,640,900 Riders per Year

Creekside Plaza | Freestanding Medical Building200-300 McHenry Road, Wheeling, Illinois 60090

Price $3,625,000 Cap Rate 8.25%Price/ SF $114.57 Gross Leasable Area 31,640 SFYear Built 1990Lot Size 5.93 Acres +/-Parcel Numbers 03-03-400-022-0000Parking 175 Surface Spaces +/-

Current Rent $425,628 Total Reimbursements $177,474 Vacancy/Collection Allowance (Actual) $79,200 Effective Gross Income $603,102 Expenses $304,099 NOI $299,003

VITAL DATA

PROPOSED FINANCINGLTV 70%Interest Rate | Amortization 4.25% | 25 YearsDown Payment $1,087,500 First Trust Deed/Mortgage $2,537,500 Debt Service $164,959 Debt Coverage Ratio 1.81Net Cash Flow After Debt Services | Return % $134,044 | 12.33%Principal Reduction $58,241 Total Return | Return % $192,285 | 17.68%

RENT ROLL

La Michoacana 2,400 7.59% 4/1/2016 3/31/2024 8 Years Base Current $3,000 $36,000 $15.00 - 7% 1, 5-Year Net

Retail, Suite 294 - - - - - -

Notes: N/A

Vacant 1,200 3.79% - - - Base Current $1,800 $21,600 $18.00 - 4% N/A Net

Retail, Suite 286 - - - - - -

Notes: N/A

Smile Dental Design 1,200 3.79% 2/24/2012 3/31/2022 10 Years Base Current $2,000 $24,000 $20.00 - 5% None Net

Retail, Suite 282 - 4/1/2020 $2,050 $24,600 $20.50 2%

Notes: N/A

SureStaff, Inc 1,200 3.79% 12/15/2014 12/31/2022 8 Years Base Current $1,600 $19,200 $16.00 - 4% None Net

Retail, Suite 278 - - - - - -

Notes: N/A

Vacant 1,200 3.79% - - - Base Current $1,600 $19,200 $16.00 - 4% N/A -

Retail, Suite 274 - - - - - -

Notes: N/A

Gar's Beauty Salon 1,200 3.79% 10/31/2014 12/31/2021 7 Years Base Current $1,530 $18,363 $15.30 - 4% 1, 5-Year Net

Retail, Suite 270 - 1/1/2021 $1,561 $18,731 $15.61 2%

Notes: N/A

Yau's Chow Chinese Restaurant 1,200 3.79% 3/22/2004 12/31/2020 17 Years Base Current $2,000 $24,000 $20.00 - 5% 2, 5-year Gross

Retail, Suite 266 - - - - - -

Notes: N/A

Tenant /Suite #SF

Leased% of

Total SFStart End

Term of Occupancy

(Yrs)

Rent Schedule% of

Total RentRenewal Options

Lease TypePeriod Changes on

Monthly Rent

Annual Rent

Rent/ SF

Increase

RENT ROLL

Virgos Productions Events 1,200 3.79% 7/1/2015 7/31/2022 7 Years Base Current $1,000 $12,000 $10.00 - 2% None Net

Retail, Suite 262 - 1/1/2020 $1,200 $14,400 $12.00 20%

Notes: N/A

Academy of Ballet and Arts 2,400 7.59% 2/1/1996 6/30/2020 24 Years Base Current $1,500 $18,000 $7.50 - 4% None Gross

Retail, Suite 254 - - - - - -

Notes: N/A

Jazz Café 2,340 7.40% 3/1/2010 12/31/2021 12 Years Base Current $4,455 $53,456 $22.84 - 11% 2, 3-Year Gross

Retail, Suite 250 - - - - - -

Notes: N/A

El Famous Burrito 2,340 7.40% 11/29/1989 3/31/2021 31 Years Base Current $3,169 $38,025 $16.25 - 8% 3,3-Year Net

Retail, Suite 236 - - - - - -

Notes: N/A

Vacant 1,200 3.79% - - - Base Current $1,600 $19,200 $16.00 - - N/A -

Retail, Suite 228 - - - - - -

Notes: N/A

Adoralife Fitness and Nutrition 1,200 3.79% 3/19/2012 4/30/2021 9 Years Base Current $1,500 $18,000 $15.00 - 4% None Net

Retail, Suite 220-B - - - - - -

Notes:

Lupita's Bakery 1,200 3.79% 2/8/1997 6/30/2022 25 Years Base Current $2,400 $28,800 $24.00 - 6% None Gross

Retail, Suite 220-A - - - - - -

Notes: N/A

Tenant /Suite #SF

Leased% of

Total SFStart End

Term of Occupancy

(Yrs)

Rent Schedule% of

Total RentRenewal Options

Lease TypePeriod Changes on

Monthly Rent

Annual Rent

Rent/ SF

Increase

RENT ROLL

Papa Ninos Pizza 2,400 7.59% 9/1/2019 4/30/2024 5 Years Base Current $2,600 $31,200 $13.00 - 6% 2, 5-Year Net

Retail, Suite 210 - 5/1/2021 $2,700 $32,400 $13.50 4%

- 5/1/2023 $2,800 $33,600 $14.00 4%

Notes:

Wheeling Coin Laundry 2,400 7.59% 10/24/2012 10/31/2022 10 Years Base Current $3,257 $39,082 $16.28 - 8% 3, 5-Year Net

Retail, Suite 200 - - - - - -

Notes:

Creekside Health Center 4,160 13.15% 2/9/2015 2/28/2025 10 Years Base Current $5,253 $63,041 $15.15 - 13% 1, 10-Year Net

Retail, Suite 300 - 3/1/2020 $5,358 $64,302 $15.46 2%

- 3/1/2021 $5,466 $65,588 $15.77 2%

- 3/1/2022 $5,575 $66,900 $16.08 2%

- 3/1/2023 $5,686 $68,238 $16.40 2%

Notes: N/A

Vacant 1,200 3.79% - - - Base Current $1,600 $19,200 $16.00 - 4% N/A -

Retail, Suite - - - - - -

Notes: N/A

Occupied 26,840 85% $423,167 $15.77

Vacant 4,800 15% $79,200 $16.50

Total 31,640 100% $502,367 $15.88

Tenant /Suite #SF

Leased% of

Total SFStart End

Term of Occupancy

(Yrs)

Rent Schedule% of

Total RentRenewal Options

Lease TypePeriod Changes on

Monthly Rent

Annual Rent

Rent/ SF

Increase

REIMBURSEMENTS

TenantAnnual Expense Reimbursements

Admin Fee Gross IncomeTaxes Insurance CAM Total PSF

La Michoacana $15,448 $1,683 $4,376 $21,507 $0.68 $656 $22,164

Vacant $0 $0 $0 $0 $0.00 $0 $0

Smile Dental Design $7,724 $842 $2,188 $10,754 $0.34 $328 $11,082

SureStaff, Inc $6,789 $740 $1,923 $9,452 $0.30 $288 $9,740

Vacant $0 $0 $0 $0 $0.00 $0 $0

Gar's Beauty Salon $7,724 $842 $2,188 $10,754 $0.34 $328 $11,082

Yau's Chow Chinese Restaurant $0 $0 $0 $0 $0.00 $0 $0

Virgos Productions Events $7,724 $842 $2,188 $10,754 $0.34 $328 $11,082

Academy of Ballet and Arts $0 $0 $0 $0 $0.00 $0 $0

Jazz Café $0 $0 $0 $0 $0.00 $0 $0

El Famous Burrito $15,033 $1,638 $4,258 $20,929 $0.66 $639 $21,568

Vacant $0 $0 $0 $0 $0.00 $0 $0

Adoralife Fitness and Nutrition $7,724 $842 $2,188 $10,754 $0.34 $328 $11,082

Lupita's Bakery $0 $0 $0 $0 $0.00 $0 $0

Papa Ninos Pizza $15,418 $1,680 $4,367 $21,466 $0.68 $655 $22,121

Wheeling Coin Laundry $15,418 $1,680 $4,367 $21,466 $0.68 $655 $22,121

Creekside Health Center $24,697 $2,691 $6,996 $34,383 $1.09 $1,049 $35,433

Vacant $0 $0 $0 $0 $0.00 $0 $0

Total $123,700 $13,479 $35,039 $172,218 $5.44 $5,256 $177,474

CAM EXPENSE BREAKDOWN

CAM Current Per SF

Snowplowing $17,460 $0.55

Refuse Removal $10,238 $0.32

Repairs and Misc. $8,547 $0.27

Parking Lot Electric $7,361 $0.23

Landscaping $7,315 $0.23

Parking Lot Sweeping $6,187 $0.20

Sprinkler $470 $0.01

Total CAM $57,577 $1.82

CASH FLOW YEAR ONE - STARTING 3/1/2020

Base Rent Current Per SF

Occupied Space $425,628 $15.86

Available Space $79,200 $16.50

Gross Potential Rent $504,828 $15.96

Expense Reimbursements

Real Estate Taxes $123,700 $3.91

Insurance $13,479 $0.43

CAM $35,039 $1.11

Administrative Fee $5,256 $0.17

Total Expense Reimbursements $177,474 $5.61

Gross Potential Income $682,302 $21.56

Vacancy/Collection Allowance (Actual) $79,200 $2.50

Effective Gross Income $603,102 $19.06

Expenses

Real Estate Taxes $203,265 $6.42

Insurance $22,149 $0.70

CAM $57,577 $1.82

Management Fee $21,108 $0.67

Total Expenses $304,099 $9.61

Net Operating Income $299,003 $9.45

LOCATION HIGHLIGHTS | WHEELING

� Located in the Chicago Metropolitan Statistical Area | 23 Miles Northwest of Downtown Chicago

� Excellent Demographics | Population of 99,802 Within Three Miles of Subject Property | Anticipated Two Percent Population Increase by 2023

� Affluent Area | Average Household Income Within Three Mile is $112,232

� Known Regionally and Nationally as the Home of the Milwaukee Avenue “Restaurant Row”

� Massive Lifestyle Transit-Oriented Mixed-Use Development Under Construction Featuring 100,000 Square Feet of Retail, 40,000 Theater and 301 Residential Apartment Units

� Transit-Oriented, Mixed-Use Development Currently Under Construction with 321 Residential Units and 10,500 Square Feet of Retail (2020 Completion)

� Home to Chicago Executive Airport | Third Busiest Airport in Illinois (Averaging 212 Flights per Day) | 10 Miles from O’Hare Airport | 26 Miles from Midway Airport

� Prime Transportation | Immediate Highway Access to Interstates 294 and 355, as well as Regional Highways | Commuter Rail Service on Metra North Central Line | Pace Bus Lines

� Industrial Parks House Approximately 14 Million Square Feet Under Roof

Creekside Plaza | Freestanding Medical Building200-300 McHenry Road, Wheeling, Illinois 60090

DEMOGRAPHICSPopulation 1-Mile 3-Miles 5-Miles2018 Population 17,027 99,802 263,1242023 Population 17,174 101,323 266,791

Households 1-Mile 3-Miles 5-Miles2018 Households 6,375 39,454 101,3812023 Households 6,497 40,492 103,675

Daytime Population 1-Mile 3-Miles 5-Miles2018 Population 14,076 114,351 300,646

Income 1-Mile 3-Miles 5-Miles2018 Median HH Income $61,649 $80,922 $86,3472018 Average HH Income $78,972 $112,232 $125,359

McHenry Rd16,050 VPD

Elmhurst Rd16,600 VPD

W Dundee Rd23,555 VPD

83

83

68

68

Subject Property

Metra NCS Line1,640,984 Annual Riders

Future DevelopmentWheeling Towne Center

140,000 SF Retail301 Residential Units

Police Department

Village Hall

Community Recreation

Center

Post Office

Jack London Middle School

AERIAL

REGIONAL MAP

Subject Property

Lake Michigan

SITE PLAN

Residential Neighborhood

McHenry Road | 16,050 VPD

Elm

hurs

t Roa

d | 1

6,60

0 V

PD

300

294

286 282 278 274 270 266 262 254 250

236

228

224

220216

208

200

CONFIDENTIALITY AGREEMENT

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICE

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2019 Marcus & Millichap. All Rights Reserved. Activity ID: ZAA0670863

Exclusively Listed By

STEVEN WEINSTOCKBROKER OF RECORD

Chicago Oakbrook(630) 570-2250

(630) 570-2323 faxsteven.weinstock@marcusmillichap.com

IL 471.011175

SEAN SHARKOSENIOR VICE PRESIDENT INVESTMENTSChicago Oakbrook(630) 570-2238sean.sharko@marcusmillichap.com IL 471.010712

AUSTIN WEISENBECKSENIOR VICE PRESIDENT INVESTMENTSChicago Oakbrook(630) 570-2169austin.weisenbeck@marcusmillichap.com IL 475.140200

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ADRIAN MENDOZAFIRST VICE PRESIDENT INVESTMENTSChicago Oakbrook(630) 570-2163adrian.mendoza@marcusmillichap.com IL 475.147980