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Property

Location

Demographics

5600 N. River Road, Suite 150, Rosemont, IL 60018 P: 847-588-5700 F: 847-588-0034 transwestern.comThe information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof.

The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, or withdrawal without notice. Copyright © 2016 Transwestern.

PROPERTYPROFILE

11500 MELROSE AVEFranklin Park, Illinois

FOR LEASE | MANUFACTURINGPRESENTED BY:

John Joyce, [email protected]

PROPERTY

• PROPERTY HIGHLIGHTS• SPECIFICATIONS• SALE AND LEASE• UNIQUELY VISIBLE SPACE

LOCATION

• PREMIUM FRANKLIN PARK LOCATION• AERIAL OVERVIEW• AREA BUSINESSES MAP

DEMOGRAPHICS

• POPULATION AND INCOME• NET WORTH, RACE AND ORIGIN• HOUSEHOLDS• HOUSING• OCCUPATION AND EMPLOYMENT• SPENDING

TABLE OF CONTENTS

PAGES 3-5

PAGES 6-7

PAGES 8-13

2 5600 N. River Road, Suite 150, Rosemont, IL 60018 P: 847-588-5700 F: 847-588-0034 transwestern.comThe information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantee, warranties or representations as to the completeness or accuracy thereof.



PROPERTYPROFILE



11500 MELROSE AVE.Franklin Park, Illinois

Property

• Exceptionally clean manufacturing building

• New roof installed 2002

• Fire and life safety alarms with camera surveillance

• Well maintained parking lot - recently seal coated and striped

• Men’s and women’s locker rooms

• Mezzanine office not included in size of space

• Updated T-5 lighting

PROPERTY HIGHLIGHTS

SPECIFICATIONS




Property

BUILDING SIZE: ± 97,776 SF Divisible to 49,000 SF

OFFICE AREA: ± 14,140 SF

LAND AREA: ± 4.98 AC

CONSTRUCTION: masonry/Reinforced Concrete

CEILING HEIGHT: ± 18’6” Clear YEAR BUILT/RENOV.: 1969/2002

POWER: 2 Services at 1200 Amps / 480 Volts

PARKING: 157 Surface spaces

LOADING: 4 Interior Docks with levelers 1 Drive in Door (10’ x 10’)

COLUMN SPACING: 30’ - 40’

LEASE RATE: $3.50 PSF Net

SALE PRICE: Subject to Offer

Building Plan

Mezzanine

East Unit West Unit

Building is divisible into two units.




SALE AND LEASE

Property

LEASE RATE: $3.50 PSF Net

SALE PRICE: Subject to Offer

REAL ESTATE TAXES: $1.65 PSF (2017)

UNIQUELY VISIBLE SPACE

Within feet of I-294 expressway, 11500 Melrose Ave. is a uniquely visible space.

Approximately 186,700 cars travel past the facility every day.

PREMIUM FRANKLIN PARK LOCATION




Location

Franklin Park is located in the O’Hare Industrial Submarket

and is home to wide-range of regional, national and

international businesses.

With easy access to major roadways, rails, and O’Hare

International Airport, this property’s location makes it

desirable to a wide-variety of businesses.

AREA MAP

O’Hare InternationalAirport




Location

LOCAL BUSINESS MAP

1. Dana Products2. Swingmaster3. Atlas Restoration4. Archer Screw Products5. Builder’s Lighting & Design6. Gabby’s Bagels7. American Jebco Corporation8. Ex-Cell Kaiser9. Interlink Supply10. Made-Rite Bedding11. 849 Building

LOCAL BUSINESSES

12. Clad-Rex13. The Marsalle Company14. Grant Park Packing15. Vanguard Archives16. Norkol 17. National Lift Truck, Inc18. Nestle USA19. US Smokeless Tabacco20. Coregistics21. Mandel Metals22. Precision Steel Warehouse

23. Interplex Daystar, Inc24. The Hill Group Collaboration Center25. Hill Mechanical Corporation26. The Hill Group27. Tuff Shed28. Eklind Tool Company29. Conway Import30. Tom’s Repairs31. Everflora Chicago32. Midwest Can Company & Container Specialties Inc.

POPULATION AND INCOME




DEMOGRAPHIC REPORT

Location:11500 Melrose Ave, Franklin Park, IL

3 miles 5 miles 10 milesPopulation2016 Estimated Total Population 89,998 302,701 1,709,8672021 Projected Total Population 90,963 305,626 1,729,1342010 Census Total Population 88,986 299,813 1,685,5602000 Census Total Population 91,585 301,078 1,724,714

2016 Estimated Daytime Population 79,019 256,418 1,017,700

2016-2021 Projected Population Growth 1.1% 1.0% 1.1%2010-2016 Estimated Population Growth 1.1% 1.0% 1.4%2000-2010 Census Population Growth -2.8% -0.4% -2.3%

2016 Estimated Male Population 50.3% 49.5% 48.8%2016 Estimated Female Population 49.7% 50.5% 51.2%

2016 Estimated Median Age 36.5 37.1 38.12021 Projected Median Age 37.5 38.1 39.0

2016 Estimated Population Under Age 18 21,947 71,761 401,1142016 Estimated Population Age 18 - 64 55,999 188,780 1,054,8862016 Estimated Population Age 65+ 12,052 42,160 253,867

Income2016 Estimated Median Household Income $57,005 $58,004 $59,5432021 Projected Median Household Income $60,622 $62,226 $64,274

2016 Estimated Average Household Income $73,718 $77,129 $83,6192021 Projected Average Household Income $79,083 $82,915 $90,135

2016 Estimated Per Capita Income $24,862 $27,047 $30,3722021 Projected Per Capita Income $26,611 $29,032 $32,705

2016 Estimated Households by Income<$15,000 8.2% 8.5% 9.7%$15,000-$24,999 9.5% 9.6% 9.3%$25,000-$34,999 10.0% 10.0% 9.3%$35,000-$49,999 15.1% 14.0% 12.9%$50,000-$74,999 19.5% 19.4% 18.5%$75,000-$99,999 14.7% 14.1% 12.9%$100,000-$149,999 14.8% 14.8% 15.0%$150,000-$199,999 4.9% 5.3% 6.2%$200,000+ 3.3% 4.4% 6.2%

2016 Estimated Median Household Disposable Income $45,138 $45,927 $47,1862016 Estimated Average Household Disposable Income $54,648 $56,587 $60,133

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2016 and 2021

©2016 Esri Page 1 of 6

Demographics




DEMOGRAPHIC REPORT


3 miles 5 miles 10 miles

Net Worth2016 Estimated Median Household Net Worth $112,436 $114,884 $109,1172016 Estimated Average Household Net Worth $432,780 $520,069 $633,949

2016 Estimated Households by Net Worth<$15,000 24.1% 24.4% 26.2%$15,000-$34,999 7.6% 7.5% 7.5%$35,000-$49,999 4.1% 4.0% 3.9%$50,000-$74,999 6.9% 6.6% 6.4%$75,000-$99,999 4.9% 4.7% 4.4%$100,000-$149,999 7.8% 7.5% 6.9%$150,000-$249,999 11.6% 11.0% 9.7%$250,000-$499,999 16.0% 15.2% 13.7%$500,000+ 17.0% 19.0% 21.3%

Race and Origin2016 Estimated Population by Race

White Alone 70.5% 68.1% 64.6%Black Alone 2.4% 9.8% 11.4%American Indian 0.5% 0.4% 0.4%Asian Alone 5.2% 4.4% 7.7%Pacific Islander Alone 0.0% 0.0% 0.0%Other Race 18.7% 14.7% 13.0%Two or More Races 2.7% 2.6% 2.9%

Hispanic Origin (Any Race) 44.1% 34.4% 29.7%

2016 Estimated Hispanic Population by RaceWhite 52.1% 51.4% 49.2%Black 0.6% 0.9% 1.3%American Indian 1.0% 0.8% 1.0%Asian 0.3% 0.2% 0.3%Pacific Islander 0.0% 0.0% 0.1%Other Race 42.0% 42.4% 43.2%2+ Races 4.0% 4.2% 4.8%

2016 Estimated Minority Population 52.5% 49.6% 50.0%



NET WORTH, RACE AND ORIGIN

Demographics

HOUSEHOLDS




DEMOGRAPHIC REPORT



Households2016 Estimated Total Households 30,051 105,018 614,3372021 Projected Total Households 30,330 105,963 621,1312010 Census Total Households 29,851 104,312 606,2062000 Census Total Households 30,778 105,932 615,481

2016-2021 Projected Households Growth 0.9% 0.9% 1.1%2010-2016 Estimated Households Growth 0.7% 0.7% 1.3%2000-2010 Census Households Growth -3.0% -1.5% -1.5%

2016 Estimated Average Household Size 3.0 2.9 2.82016 Estimated Average Family Size 3.6 3.4 3.4

2010 Census Households by Household Size1 Person Household 23.4% 24.2% 26.2%2 Person Household 26.1% 27.6% 28.3%3 Person Household 16.2% 16.6% 16.3%4 Person Household 16.2% 15.7% 14.8%5 Person Household 9.7% 8.7% 8.0%6 Person Household 4.3% 3.8% 3.5%7+ Person Household 4.0% 3.3% 3.0%

2010 Census Male Householder Living Alone 11.2% 11.2% 11.2%2010 Census Female Householder Living Alone 12.2% 13.1% 15.0%

2010 Census Unmarried Partner Households: Male/Female 5.5% 5.4% 5.1%2010 Census Unmarried Partner Households: Same Sex 0.6% 0.6% 0.7%

2010 Census Multi-generational Households 7.0% 6.6% 6.0%

2010 Census Households with Seniors Age 65+ 15.4% 15.8% 15.7%

2010 Census Family Households 21,386 73,769 415,915Husband-Wife Families 74.8% 72.5% 71.8%Families with Male Head of Household 8.9% 8.6% 7.9%Families with Female Head of Household 16.2% 18.9% 20.3%

2010 Census Non-Family Households 8,465 30,543 190,291



Demographics




DemographicsDEMOGRAPHIC REPORT


3 miles 5 miles 10 milesHousing2016 Estimated Total Housing Units 32,263 112,793 664,5122016 Estimated Owner Occupied Housing Units 61.6% 61.4% 58.6%2016 Estimated Renter Occupied Housing Units 31.5% 31.7% 33.9%2016 Estimated Vacant Housing Units 6.9% 6.9% 7.6%

2016 Estimated Housing Units by Value<$50,000 5.0% 3.8% 3.0%$50,000-$99,999 4.1% 5.0% 4.0%$100,000-$149,999 12.0% 10.9% 8.4%$150,000-$199,999 20.4% 18.1% 13.0%$200,000-$249,999 17.8% 16.9% 14.5%$250,000-$299,999 13.5% 12.9% 13.3%$300,000-$399,999 14.5% 16.3% 19.5%$400,000-$499,999 4.6% 6.3% 9.4%$500,000-$749,999 4.6% 5.6% 8.7%$750,000-$999,999 1.9% 2.8% 3.9%$1,000,000+ 1.6% 1.5% 2.3%

2016 Estimated Median Home Value $223,698 $236,142 $276,6022016 Estimated Average Home Value $268,583 $286,546 $333,546

2010 Census Owner Occupied Housing Units: Mortgage 71.9% 71.9% 72.0%2010 Census Owner Occupied Housing Units: No Mortgage 28.1% 28.1% 28.0%

2010 Census Vacant Housing Units by TypeFor Rent 40.2% 38.8% 40.0%Rented-Not Occupied 1.8% 1.7% 1.8%For Sale 25.4% 23.1% 19.9%Sold-Not Occupied 3.9% 3.9% 3.5%Seasonal/Recreational 3.8% 4.3% 4.3%Migrant Workers 0.0% 0.1% 0.0%Other 24.9% 28.1% 30.5%

2010 Census Population Living in Group Quarters 611 2,481 14,802Noninstitutionalized 44 1,195 4,716College Dorm 0.0% 78.6% 50.3%Military Quarters 0.0% 0.0% 0.0%Other 100.0% 21.4% 49.7%

Institutionalized 567 1,286 10,086Nursing Facility 100.0% 95.7% 94.2%Adult Correctional Facility 0.0% 0.0% 0.5%Juvenile Facility 0.0% 4.3% 3.7%Other 0.0% 0.0% 1.6%



HOUSING

OCCUPATION AND EMPLOYMENT







Occupation and Employment2016 Estimated Percentage of Employees by OccupationManagement 7.1% 7.4% 8.9%Business / Financial 4.5% 4.5% 5.3%Computers / Math 1.3% 2.0% 2.7%Architecture / Engineering 1.0% 1.1% 1.6%Life Sciences / Social Sciences 0.2% 0.4% 0.6%Community & Social Services 0.8% 1.1% 1.4%Legal 0.8% 0.8% 1.3%Education / Library 3.8% 4.0% 5.2%Arts / Entertainment / Media / Recreation 1.3% 1.4% 1.8%Sales 7.9% 9.7% 10.5%Office / Administrative 16.4% 16.3% 14.9%Healthcare Practitioner 3.9% 4.1% 5.4%Healthcare Support 2.0% 1.9% 1.9%Protective Service 1.8% 2.3% 2.3%Food Preparation and Service 6.5% 6.3% 6.0%Building & Grounds Maintenance 5.2% 4.6% 4.1%Personal Care & Service 3.2% 3.7% 3.8%Farming / Fishing / Forestry 0.2% 0.1% 0.1%Construction / Extraction 5.0% 5.0% 4.3%Maintenance / Repair / Installation 4.4% 3.4% 2.7%Production 12.6% 9.9% 7.7%Transportation / Material Moving 10.1% 9.9% 7.6%

2016 Estimated Civilian Labor Force Age 16+ 48,409 160,788 892,1762016 Estimated Employed Population 93.7% 93.0% 92.9%2016 Estimated Unemployment Rate 6.3% 7.0% 7.1%

2016 Estimated White Collar Population 49.0% 52.8% 59.4%2016 Estimated Blue Collar Population 51.0% 47.2% 40.6%

Educational Attainment2016 Estimated Population Age 25+ by EducationLess than 9th Grade 10.4% 8.4% 7.3%Some High School 9.7% 8.3% 7.3%High School Diploma or GED 30.6% 29.6% 25.8%Some College, No Degree 19.5% 20.5% 19.4%Associate Degree 7.0% 7.5% 7.1%Bachelor's Degree 15.9% 17.0% 20.6%Graduate/Professional Degree 6.8% 8.8% 12.6%








3 miles 5 miles 10 milesSpending2016 Estimated Average Consumer Spending by Category

Apparel $1,977 $2,041 $2,224Men's Apparel $401 $413 $450Women's Apparel $655 $683 $745Children's Apparel $327 $328 $354Footwear $427 $439 $478Watches & Jewelry $99 $104 $114

Computers & Hardware $176 $181 $196

Cellular Phone Service $1,137 $1,170 $1,261

Entertainment & Recreation $2,768 $2,883 $3,109Theater / Opera / Concert Admission $55 $58 $63Sport Events Admission $53 $56 $61Cable and Satellite TV Services $805 $849 $923Toys & Games $109 $112 $120Sports, Recreation & Exercise Equipment $164 $165 $175Reading $123 $130 $140

Food $7,675 $7,938 $8,597Dining Out $2,802 $2,896 $3,139Alcoholic Beverages $499 $523 $570

Health Care $4,831 $5,084 $5,453Prescription Drugs $352 $376 $404Nonprescription Drugs $113 $118 $128Personal Care Products $713 $737 $794Health Insurance $3,056 $3,236 $3,482

Child Care $420 $440 $484

Education $1,383 $1,500 $1,686

Household Furnishings & Equipment $1,701 $1,765 $1,899Furniture $478 $496 $537Major Appliances $272 $278 $294Housewares $79 $82 $89Housekeeping Supplies $655 $681 $735

Lawn & Garden $371 $389 $412

Pets & Pet Supplies $83 $87 $93

Transportation $7,494 $7,783 $8,359Vehicle Maintenance & Repairs $980 $1,016 $1,088Vehicle Insurance $1,043 $1,089 $1,173Gasoline $2,753 $2,841 $3,034Public Transit Fares $108 $120 $148

Travel $1,857 $1,935 $2,084Airline Tickets $477 $495 $536Lodging $448 $473 $511

Donations to Charity $249 $275 $300



SPENDING



PRESENTED BY:

John Joyce, [email protected]

11500 MELROSE AVE Franklin Park, Illinois

PROPERTY PROFILE

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