INVESTMENT OVERVIEW Infill Industrial Redevelopment or Value-Add Lease-Up Opportunity: 1821 S. 54th Avenue Offers a Rare Opportunity to Acquire a 2.44-Acre Industrial Site with an Existing Approximately 47,281-Square-Foot Building in One of Chicago’s most Established Infill Industrial Corridors. The Asset Supports a Dual Investment Strategy, with Redevelopment Representing the Highest and Best Use. Redevelopment Opportunity (Primary Thesis) = $9.17 per Land Square Foot The Site is Ideally Suited for Modern Industrial Redevelopment: • Infill Location is just West of Chicago with Strong Access to I-290, I-55, and Key Arterials • Infill Location is just West of Chicago with Strong Access to I-290, I-55, and Key Arterials • Large 2.44-Acre Parcel Capable of Supporting New Warehouse, Flex, or Yard-Oriented Industrial • Existing Improvements (c. 1931) Likely Functionally Obsolete, Making Demolition and New Construction Economically Viable • Industrial Zoning ( L- I Light Industrial) Allows a Wide Range of Logistics and Manufacturing uses Positioning: Covered Land Play Targeting New Infill Industrial or Contractor Yard Development. Value-Add Lease-Up (Secondary Strategy) The Existing Approximately 47,281-Square-Foot Building Provides Near-Term Income Potential: • Suitable for Light Manufacturing, Storage, or Service Users • Demand from Contractors, Small Bay Users, and Owner-Users Seeking Proximity to Chicago • Opportunity to Reposition Rents and Improve Occupancy with Moderate Capital However, Older Construction may Limit Long-Term Competitiveness Versus Modern Product. Key Highlights • 2.44-Acre Infill Site in Supply-Constrained Market • Dual Execution Strategies: Redevelopment or Lease-Up • Light Industrial Zoning (L - I) • Strong Demand from Last-Mile and Local Industrial Users • Value Creation through Modernization or Repositioning