5900-5904_w_madison

This site is located at the northwest corner of Madison and Mayfield, 2 blocks east of Austin Blvd
and Oak Park. It is less than .75 mile to the Eisenhower Expressway and 1 block to Columbus
Park.

Traffic Counts, Demographics

14,700 vehicles per day on Madison

Demographics                                 1.0 mile                3.0 mile
Population                                        51,294                378,778
Households                                      18,741                125,743
Median Household Income               $42,406              $44,608

Commercial Space

The commercial space is on the street level of this newly rehabbed 3-story brick building with
condos above. These spaces would be suitable for a professional office, small showroom, or
specialty retailer and includes the following features:

Approx. 2,650 1,800 rentable sq ft on the 1st floor in 3 2 contiguous 850-900 sq ft spaces
that could be combined into 1 unit. (corner unit has been leased)
Over 100’ of frontage with corner exposure and large front windows
Full basement under each unit, usable for storage or expansion.
Individually-controlled HVAC systems and 200 amp electric service
B3 zoning

Delivery Condition

This space will be delivered as a “vanilla box”, with new ceiling lighting and concrete floors ready for
Tenant’s final flooring choice. Tenant-specific build-out could be amortized into the lease rate by
the landlord based on tenant credit and lease term.

Lease Rate
$1,200 - $1,300 per month ($16 - $18 per rentable square foot), triple net for each space

Taxes, Insurance and CAM

Taxes are currently estimated at approx. $0.65 per sq ft, insurance and CAM are estimated at
approx. $1.50 per sq ft (approx. $150 per month).

Availability

15-30 days (more time may be necessary for specific tenant build-out requirements)