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 - 16 Apartments (8 two-bed, 8 one-bed) - 8 Retail Units on ground floor (fully leased) - 21,000 SF Free-Standing Retail Building Includes 15,000 SF main floor + 6,000 SF basement with racking-height ceilings 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 $185,582.51 – Taxes $142,261.55 – Insurance $21,528.14 – Utilities $16,310 – Legal/Accounting $5,482.82 Net Operating Income (NOI) $317,997.49 - One retail vacancy currently under construction — projected at $6,500/mo or $78,000 annually - Apartment rents not significantly raised in 20+ years ________________________________________ VALUE-ADD POTENTIAL Residential Upside • 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 o Brings apartment income to market level with minimal 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 • Under market pricing – $600K below recent appraisal ________________________________________ OFFERING TERMS • Price: $4,900,000 (Firm) • Confidential Financials & Rent Roll Available Upon Request • Showings by Appointment Only