A rare opportunity to acquire a high-performing mixed-use investment in the heart of the vibrant Village of Norridge, IL. This three-building portfolio includes a healthy mix of residential and retail income with clear value-add potential. • 3 total buildings on contiguous parcels (12-13-115-017-0000, 12-13-115-018-0000, 12-13-115-019-0000) • 16 Apartments (8 two-bed, 8 one-bed) • 8 Retail Units on ground floor • 21,000 SF Free-Standing Retail Building o Includes 15,000 SF main floor + 6,000 SF basement with racking-height ceilings o Fully leased to Automatic Appliance Parts – long-term tenant with strong market footprint • Ample On-Site Parking • Appraised over $600,000 above asking price ________________________________________ CURRENT INCOME & EXPENSES Category Amount Gross Income (2024) $503,580 Operating Expenses $176,092.96 – Taxes $132,772 – Insurance $21,528.14 – Utilities $16,310 – Legal/Accounting $5,482.82 Net Operating Income (NOI) $327,487.04 VALUE-ADD POTENTIAL • One retail vacancy currently under construction — projected at $6,500/mo or $78,000 annually • Apartment rents have not been significantly increased in over 20 years — presenting an opportunity to boost net income by more than $100,000 annually Residential Upside Explained • Current apartment income: $153,780/yr • Pro Forma Apartment Income: $254,400/yr o Assumes 1BR units at $1,250/mo and 2BR units at $1,400/mo (still under market rate) o Bring apartment income to market level with no renovation Retail Upside • One unit under construction with confirmed interest at $6,500/month • Additional lease adjustments possible upon renewals ________________________________________ INVESTMENT HIGHLIGHTS • Fully stabilized asset with upside • Strong commercial tenant mix + long-term residential renters • 21,000 SF freestanding retail building = anchor stability • Strategic suburban-Chicago location with strong demand and development potential • Under market pricing – $600K below recent appraisal ________________________________________ OFFERING TERMS • Price: $4,900,000 (Firm) Contact: Jason Bitton 847-858-2909