919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. PROPERTY FACTSHEET C O M M E R C I A L R E A L E S T A T E Photo of the Palmolive Building (919 North Michigan) Photo of 919 North Michigan Ave Frontage PROPERTY DESCRIPTIONS & FEATURES .5 MILE 1 MILE 1.5 MILE Population 33,339 33,339 115,076 Households 22,588 22,588 71,308 Avg. HHI $142,139 $142,139 $133,789 Daytime Employees 60,576 194,651 459,732 Demographic Profile Join the many high-end retailers on North Michigan Avenue (Magnificent Mile) and the Gold Coast neighborhood. Total Space Available: 9,380 SF • Street Level: 4,630 SF • Second Level: 4,750 SF Pedestrian Counts: 144,600 people per week Traffic Counts: Michigan Ave: 35,331 (VPD) CONTACT DAVID GOLDBERG 312.254.0721 dgoldberg@sierraus.com NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 Area Retailers 640 North LaSalle Blvd Suite 410 Chicago, IL 60654 (fax) 312.422.7745 (toll-free) 888.656.7744 www.SIERRAUS.com - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. 919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. ADDITIONAL PHOTOS C O M M E R C I A L R E A L E S T A T E Photo of Neighboring Tenants on Michigan Ave Photo of 919 North Michigan Ave Frontage Photo of North Michigan Ave and Walton St Intersection Photo of Interior of Existing Space NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 www.SIERRAUS.com - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. 919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. FLOOR PLAN - STREET LEVEL C O M M E R C I A L R E A L E S T A T E NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 - The information contained herein has been obtained from sources deemed www.SIERRAUS.com reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. 919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. FLOOR PLAN - SECOND LEVEL C O M M E R C I A L R E A L E S T A T E www.SIERRAUS.com NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. 919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. AERA CO-TENANTS C O M M E R C I A L R E A L E S T A T E Chanel Bank of America Georg Jensen Louis Vuitton 900 N. Michigan Avenue Gucci Bloomingdales Michael Kors Max Mara AVAILABLE Bulgari Anne Fontaine Omega Fourth Presbyterian Church North Face Best Buy Cheesecake Factory Escada H&M Filene's Basement Columbia Sportswear Topshop Ghirardelli (Pearson St.) Hershey Argo Tea (Rush St.) Bottega Veneta Giorgio Armani Nordstrom Rack Anthropologie RL Restaurant Water Tower Place Macy’s American Girl Place Water Tower Pumping Station Walgreens Neiman Marcus Polo Banana Republic Victoria’s Secret Tiffany Saks Fifth Avenue All Saints Zara Express Mixed Use Development Tommy Bahama Crate & Barrel 600 N. Michigan Avenue Grand Luxe Café AT&T H20 Levi’s Ann Taylor Eddie Bauer AMC Theatres Marshalls Home Goods Rolex Cartier Saks Mens Store The Disney Store Brooks Brothers Stewart Weitzman Apple Store Cole Haan Niketown Garmin Ferragamo Swiss Fine Watch Tumi Zegna Burberry Coach Timberland Aldo Shoes Chase Bank Guess The Gap Forever 21 Swarovski Northbridge Nordstrom Verizon Bank of America Payless Shoes Starbuck’s Charles Schwab Walgreens NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 Allen-Edmonds Citibank La Perla Atlas Galleries Bandera Hotel Intercontinenal Argo Tea NBC Studio Fidelity Investment www.SIERRAUS.com - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. 919 NORTH MICHIGAN Chicago, IL 60611 HIGH-END FASHION OPPORTUNITY AT THE NORTH END OF CHICAGO’S MAGNIFICENT MILE SIERRAU.S. PROPERTY FACTSHEET C O M M E R C I A L R E A L E S T A T E 1.5 Mile Map .5 Mile Street Map NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 Aerial Map www.SIERRAUS.com - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. RIVER NORTH / STREETERVILLE / GOLD GOAST AREA CHICAGO’S SHOPPING, DESIGN & GALLERY DISTRICT - ALL IN ONE PLACE SIERRAU.S. INFORMATIONAL PAGE C O M M E R C I A L R E A L E S T A T E View East from the Chicago River - Wrigley Building and Trump Tower Featured View Looking Up at the John Hancock Building and the Chicago Water Tower RIVER NORTH Just steps away from The Magnificent Mile and the State Street shopping corridors, River North is where it all begins in Chicago. River North is Chicago’s Shopping District, Chicago’s Design District, and Chicago’s Gallery District as well as boasts worldclass restaurants and trendsetting night clubs. If its new, if its unique, if its what people will be reading about in the newspapers tomorrow, you will discover it in River North today! Past and present meet in an eclectic mix of modern condos, high-rise office buildings, and hotels that soar over vintage loft buildings with the architectural richness of times past. It’s where the very best the city has to offer comes together in one easily walked and vibrant neighborhood - day and night. Discover River North for yourself to see why this exciting urban neighborhood has something special for everyone. STREETERVILLE Streeterville is a Chicago neighborhood located just north of the Chicago River. It is bounded by the river on the south, Michigan Avenue on the west, and Lake Michigan on the north and east. Some of Chicago’s tallest skyscrapers (including the John Hancock Center), most expensive stores, most luxurious hotels, most elegant restaurants, and most entertaining theaters are located here. Streeterville also includes The Magnificent Mile portion of Michigan Avenue and Navy Pier - the number one tourist attraction in Chicago. Streeterville is located just east of the Chicago/State and Grand/State Red Line CTA subway stations. GOLD COAST The Gold Coast is Chicago’s wealthiest neighborhood, along with the northern part of Streeterville, mostly consisting of high-rise residential buildings on Lake Shore Drive, facing Lake Michigan, but also including low-rise residential blocks inland. As with many Chicago neighborhoods, its exact borders are subject to dispute, but generally extends south to Oak Street and west to LaSalle Boulevard. The housing is a mixture of 19th century brownstones and concrete high-rises, mostly from around the 1960s. At North Avenue the neighborhood overlooks Lincoln Park. The Gold Coast also encompasses the Carl Sandburg Village housing development between LaSalle Boulevard, Dearborn Parkway, Division Street, and North Avenue. NATIONAL reach. REGIONAL strength. LOCAL insight. 060412 www.SIERRAUS.com - The information contained herein has been obtained from sources deemed reliable, however is subject to verification, change, and/or withdrawal without notice, and is submitted without warranty as to accuracy by Sierra US. FULL PROFILE 1990 - 2000 Census, 2010 Estimates with 2015 Projections Calculated using Proportional Block Groups Lat/Lon: 41.89988/-87.62397 919 N. Michigan Ave. 0.5 Mile 1 Mile 1.5 Miles 115,076 162,361 93,110 79,757 2.2% 8.2% HOUSEHOLDS 2010 Est. Households 2015 Proj. Households 2000 Census Households 1990 Census Households Historical Annual Growth 1990 to 2010 Projected Annual Growth 2010 to 2015 22,588 30,176 21,546 18,749 1.0% 6.7% 52,630 74,455 44,309 37,274 2.1% 8.3% 71,308 102,629 57,672 47,792 2.5% 8.8% 2010 Est. Population 0 to 9 Years 2010 Est Est. Population 10 to 19 Years 2010 Est. Population 20 to 29 Years 2010 Est. Population 30 to 44 Years 2010 Est. Population 45 to 59 Years 2010 Est. Population 60 to 74 Years 2010 Est. Population 75 Years Plus 2010 Est. Median Age 5.2% 4.9% 4 9% 17.9% 24.5% 24.8% 15.9% 6.7% 42.4 7.1% 6.3% 6 3% 17.9% 26.6% 23.6% 13.4% 5.1% 39.1 8.0% 6.8% 6 8% 18.1% 27.1% 23.0% 12.4% 4.7% 38.0 2010 Est. Male Population 2010 Est. Female Population 47.5% 52.5% 47.8% 52.2% 48.3% 51.7% 2010 Est. Never Married 2010 Est. Now Married 2010 Est. Separated or Divorced 2010 Est. Widowed 44.3% 33.4% 16.9% 5.4% 46.3% 32.2% 17.1% 4.5% 45.7% 34.2% 16.0% 4.1% 18.3% 10.6% 15.1% 10.1% 13.8% 10.1% 6.2% 5.8% 10.1% $142,139 $89,402 $98,032 16.3% 10.0% 15.8% 10.5% 14.5% 10.2% 6.0% 5.7% 11.0% $132,688 $85,338 $86,899 16.3% 11.1% 16.9% 10.6% 13.9% 9.8% 5.5% 5.7% 10.3% $133,789 $89,568 $83,782 4,072 60 576 60,576 11,014 194 651 194,651 24,017 459 732 459,732 INCOME 2010 Est. HH Income $200,000 or More 2010 Est. HH Income $150,000 to $199,999 2010 Est. HH Income $100,000 to $149,999 2010 Est. HH Income $75,000 to $99,999 2010 Est. HH Income $50,000 to $74,999 2010 Est. HH Income $35,000 to $49,999 2010 Est. HH Income $25,000 to $34,999 2010 Est. HH Income $15,000 to $24,999 2010 Est. HH Income $0 to $14,999 2010 Est. Average Household Income 2010 Est. Median HH Income 2010 Est. Per Capita Income 2010 Est. Number of Businesses t T t l Number N b off E l 2010 E Est. Total Employees ©2012, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 4/2010, TIGER Geography This report was produced using data from private and government sources deemed to be relia able. The information herein is provided without representation or warranty. POPULATION 81,293 112,129 68,483 60,658 1.7% 7.6% & SEX 33,339 43,427 31,812 28,767 0.8% 6.1% MARITAL STATUS 2010 Estimated Population 2015 Projected Population 2000 Census Population 1990 Census Population Historical Annual Growth 1990 to 2010 Projected Annual Growth 2010 to 2015 AGE Chicago, IL FULL PROFILE 1990 - 2000 Census, 2010 Estimates with 2015 Projections Calculated using Proportional Block Groups Lat/Lon: 41.89988/-87.62397 919 N. Michigan Ave. 0.5 Mile 1 Mile 1.5 Miles 76.1% 15.9% 7.2% 0.2% 0.5% HISPANIC 2010 Est. Hispanic Population 2010 Est. Hispanic Population Percent 2015 Proj. Hispanic Population Percent 2000 Hispanic Population Percent 2,934 8.8% 11.9% 7,399 9.1% 12.2% 11,081 9.6% 12.7% 2010 Est. Adult Population (25 Years or Older) 2010 Est. Elementary (0 to 8) 2010 Est. Some High School (9 to 11) 2010 Est. High School Graduate (12) 2010 Est. Some College (13 to 16) 2010 Est. Associate Degree Only 2010 Est. Bachelor Degree Only 2010 Est. Graduate Degree 27,398 1.5% 2.1% 8.1% 13.5% 4.2% 33.8% 36.7% 64,369 1.7% 2.9% 8.9% 13.2% 4.1% 34.5% 34.7% 89,771 2.0% 3.0% 8.9% 12.5% 4.0% 35.7% 33.9% HOUSING 2010 Est. Total Housing Units 2010 Est. Owner Occupied Percent 2010 Est. Renter Occupied Percent 2010 Est. Vacant Housing Percent 26,525 39.9% 45.2% 14.8% 62,607 38.9% 45.2% 15.9% 85,363 40.3% 43.3% 16.5% HOMES BUILT BY YEAR 2000 Homes Built 1999 to 2000 2000 Homes Built 1995 to 1998 2000 Homes Built 1990 to 1994 2000 Homes Built 1980 to 1989 2000 Homes Built 1970 to 1979 2000 Homes Built 1960 to 1969 2000 Homes Built 1950 to 1959 2000 Homes Built Before 1949 1.6% 3.5% 6.4% 15.3% 21.6% 18.4% 9.5% 23.8% 2.2% 4.2% 7.3% 16.4% 20.0% 19.2% 9.4% 21.3% 2.9% 4.7% 6.9% 15.4% 19.6% 18.0% 8.9% 23.6% 2000 Home Value $1,000,000 or More 2000 Home Value $500,000 to $999,999 2000 Home Value $400,000 to $499,999 2000 Home Value $300,000 to $399,999 2000 Home Value $200,000 to $299,999 2000 Home Value $150,000 to $199,999 2000 Home Value $100,000 to $149,999 2000 Home Value $50,000 to $99,999 2000 Home Value $25,000 to $49,999 2000 Home Value $0 to $24,999 2000 Median Home Value 2000 Median Rent 46.5% 29.2% 1.9% 4.5% 6.8% 3.6% 4.5% 3.0% $966,339 $1,001 $ , 28.9% 44.3% 9.5% 5.6% 5.5% 3.2% 1.7% 1.3% $804,995 $944 $ 18.3% 37.9% 15.0% 11.6% 7.6% 5.2% 2.8% 1.6% $622,836 $938 $ ©2012, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 4/2010, TIGER Geography This report was produced using data from private and government sources deemed to be relia able. The information herein is provided without representation or warranty. RACE 77.3% 14.5% 7.5% 0.2% 0.4% ED DUCATION 83.4% 8.6% 7.4% 0.2% 0.4% (Adults s 25 or Older) 2010 Est. White Population 2010 Est. Black Population 2010 Est. Asian & Pacific Islander 2010 Est. American Indian & Alaska Native 2010 Est. Other Races Population HOME VALUES Chicago, IL FULL PROFILE 1990 - 2000 Census, 2010 Estimates with 2015 Projections Calculated using Proportional Block Groups Lat/Lon: 41.89988/-87.62397 919 N. Michigan Ave. 0.5 Mile 1 Mile 1.5 Miles 101,352 70.6% 5.0% 24.4% 48.3% 51.7% OCCUPATION 2000 Occupation: Population Age 16+ 2000 Mgmt, Business, & Financial Operations 2000 Professional & Related 2000 Service 2000 Sales and Office 2000 Farming, Fishing, and Forestry 2000 Construction, Extraction, & Maintenance 2000 Production Production, Transport Transport, & Material Moving 2000 Percent White Collar Workers 2000 Percent Blue Collar Workers 20,770 31.5% 34.8% 6.6% 24.2% 0.7% 2 3% 2.3% 90.5% 9.5% 44,407 31.5% 33.4% 7.1% 24.5% 0.9% 2 6% 2.6% 89.4% 10.6% 60,379 31.9% 32.6% 6.9% 24.8% 1.0% 2 7% 2.7% 89.3% 10.7% 2000 Drive to Work Alone 2000 Drive to Work in Carpool 2000 Travel to Work by Public Transportation 2000 Drive to Work on Motorcycle 2000 Walk or Bicycle to Work 2000 Other Means 2000 Work at Home 26.7% 5.4% 34.8% 27.2% 0.6% 5.2% 28.8% 6.0% 33.2% 26.2% 0.7% 5.2% 31.1% 6.3% 32.9% 23.7% 0.8% 5.1% TRAVEL TIME 2000 Travel to Work in 14 Minutes or Less 2000 Travel to Work in 15 to 29 Minutes 2000 Travel to Work in 30 to 59 Minutes 2000 Travel to Work in 60 Minutes or More 2000 Average Travel Time to Work 29.0% 42.5% 21.4% 7.2% 22.1 27.7% 40.8% 23.6% 7.9% 23.4 26.1% 40.5% 24.9% 8.5% 24.2 2010 Est. Total Household Expenditure 2010 Est. Apparel 2010 Est. Contributions & Gifts 2010 Est. Education & Reading 2010 Est. Entertainment 2010 Est. Food, Beverages & Tobacco 2010 Est. Furnishings & Equipment 2010 Est. Health Care & Insurance 2010 Est. Household Operations & Shelter & Utilities 2010 Est. Miscellaneous Expenses 2010 Est. Personal Care 2010 Est. Transportation $2.03 B $99.2 M $161 M $69.4 M $115 M $305 M $94.2 M $139 M $615 M $32.8 M $29.1 M $375 M $4.52 B $220 M $351 M $152 M $255 M $681 M $209 M $310 M $1.36 B $73.3 M $64.8 M $839 M $6.16 B $300 M $481 M $208 M $348 M $924 M $285 M $420 M $1.86 B $99.4 M $88.3 M $1.14 B ©2012, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 4/2010, TIGER Geography This report was produced using data from private and government sources deemed to be relia able. The information herein is provided without representation or warranty. LABOR FORCE 72,582 69.2% 5.3% 25.5% 47.8% 52.2% TO WORK 30,707 67.7% 4.8% 27.5% 47.6% 52.4% TRANSPORTATION 2010 Est. Labor: Population Age 16+ 2010 Est. Civilian Employed 2010 Est. Civilian Unemployed 2010 Est. in Armed Forces 2010 Est. not in Labor Force 2010 Labor Force: Males 2010 Labor Force: Females CONSUMER EXPENDITURE Chicago, IL