1100_W_Washington

DESCRIPTION:
This site is located at the northwest corner of Aberdeen and Washington
Blvd in the heart of the booming West Loop Gate area. It is located
directly across the street from Oprah Winfrey's Harpo Studios. The
immediate vicinity has many successful restaurants and businesses
including the Calphalon National Culinary School, Hoops the Gym,
Wishbone Restaurant, LaSardine Restaurant, Flat Top Grill, etc. The
Randolph Street and Greektown restaurant districts are just blocks
away. This location is easily accessible from the Loop with access to the
I-90/94 Expressway less than 1/2 miles to the east. The area offers
extensive on-street metered parking and numerous nearby parking lots.

Demographics:                                          1.0 mile        3.0 mile
Population                                                     29,889        369,998
Households                                                    15,614        170,927
Employees                                                      81,158        436,155
Median Household Income (2005)                $58,064        $56,307

Commercial Space:

This commercial space is on the 2nd floor in a newly renovated 6-story,
32 unit heavy timber loft building (Brixton Lofts). It was designed as an
office and showroom for a real estate development and construction
company and would be great space for a high-end professional office. It
offers great exposure on a prominent corner with windows on all 4 sides.
The layout includes 10+ offices including a huge executive suite, 2-3
conference rooms, an open work area for up to 10 workstations, a
kitchen break area, separate men's and women's restrooms and large
entry/waiting area.

Approximately 7,300 rentable sq ft
Over 200’ of frontage with exposure on 3 sides and windows on all
4 sides
DX3 zoning and condo declarations allow virtually all commercial
and business uses.
Commercial space is not part of residential condo association
which substantially lowers CAM expenses.
2 parking spaces available separately.

Delivery Condition:
This space will be delivered fully built-out, in “move-in” condition

Sales Price:
$1,699,000

Taxes and Common Area Maintenance:
2006 real estate taxes are estimated at approximately $4,000 ($0.55)
per sq ft but are likely to be reassessed (increased) in 2007 (payable in
2008). This property is also responsible for 9.7% of certain shared
building expenses which are estimated at approximately $3,000 per year
($0.35 per sq ft).

Availability:
<30 days