OCCUPIERS CAN TAKE ADVANTAGE OF FINANCIAL BENEFITS

OF OWNERSHIP VERSUS LEASING

Owner occupiers that want to be near Chicago Executive Airport,

a strong labor pool and easy access to amenities can take advantage of purchasing 1400 S. Wolf for their own operations.

The space is furnished and ready for occupancy with cubicles, perimeter offices, conference rooms and a cafeteria. The building was historically used as a headquarters location for an insurance industry related tenant. In 2023 the Property was donated to a charitable organization that has been maintaining the building and lightly using the space for meetings. The sale presents a unique opportunity for a new tenant to utilize a multitude of financial advantages including SBA financing and cost segregation.

I-1 ZONING OFFERS OPPORTUNITY FOR HIGHLY COVETED INDUSTRIAL DEVELOPMENT

Rare opportunity to acquire a well-located site with zero

“de-leasing” risk and industrial zoning in-place. The entire

Park is geared towards industrial tenancy and is nestled within

the business-friendly Wheeling municipality. Within the Wheeling industrial market of 10.7M square feet, the occupancy is 93.5%. Another significant benefit is the potential to obtain a 6b tax classification on new industrial construction from Cook County

and create a more advantageous lease rate compared to existing industrial buildings. The 3.2 acre lot is square in shape and currently has an I-1 zoning. The city may consider increasing

the zoning to I-3, which is the zoning that abuts the Property to

the West.

TRANSIT-ORIENTED LOCATION CREATES A PERFECT OPTION FOR TENANTS LOOKING TO DRAW FROM CHICAGO METRO

The Property benefits from its proximity and access to I-294/

Tri-State Tollway as well as Route 53 via Palatine Road. For tenants looking to be centrally located for employee retention and client access, Wheeling is central to executive housing, as well as work force labor. There is a PACE bus stop at Wolf Road and Piper Lane, only a one-minute walk to the Property. This bus route provides weekday service between North Prospect Heights, Kensington Business Center, Western Des Plaines, Rivers Casino and the Rosemont CTA Blue Line Station. The Property is across from Chicago Executive Airport, which is home to 325 aircraft,

including 57 corporate jets. Consisting of three active runways

and covering more than 412 acres, Chicago Executive Airport is

the fourth busiest airport in Illinois and plays a crucial role as an

air traffic reliever for the region, which includes O’Hare International Airport and Midway Airport.

SINGLE STORY HAS OUTPACED MULTI-STORY LEASING BASED ON FLEXIBILTY AND LOWER COSTS

Suburban single-story office properties offer an affordable option over low and midrise buildings and are ideal for satellite locations away from dense, urban office areas. In addition, single-story assets offer 24/7 access, tenant-controlled HVAC, self-directed cleaning protocols, parking adjacent to entrances, and flexibility

to grow or reduce a tenant’s space as needed. When used as

multi-tenant, typical unit sizes are easily expanded by creating

a cased wall opening which keeps tenant improvement costs to

a minimum. 1400 Wolf offers investors the opportunity to acquire

a single-story building that can be utilized for flex or light assembly or converted to multi-tenant office. Excluding 1400 Wolf, of the twelve office buildings located in Wheeling, there is no available space for lease larger than 3,400 square feet.