2630 W. Lake St. Hanover Park, IL

Offering Memorandum

Bob Petrich Boardwalk CRE, President

direct: 708-917-3333

bob@boardwalkcre.com www.boardwalkcre.com

BEST PLACE

FAMILIES AWARD

CAR WASH

SYSTEMS

EQUIPMENT

GROWING

POPULATION

HEAVY TRAFFIC

COUNT

Expressway

STRONG

DEMOGRAPHICS

SUMMARY OF BASIC SYSTEMS AND EQUIPMENT

1. ONE (I) WEBEN JARCO BRAND RECIRCULATING IN-FLOOR HEAT BOILER JH 7 SYSTEM

SUFFICIENT TO HEAT 9 BAYS,

2. ONE (1) WEBEN JARCO BRAND HOT WATER HEATER BOILER JH 5 SYSTEM SUFFICIENT TO

HEAT WASH WATER FOR 8 WASH BAYS,

3. ONE (1) STA-RITE FOAM BRUSH PUMP AND SYSTEM,

4. ONE (1) HARD WIRED BURGLAR AND SMOKE ALARM,

5. ONE (t) ENCLOSED BATHROOM WITH COMMODE, WASH SINK, AND ELECTRIC HOT WATER

HEATER,

6. SIX (6) CAT BRAND 310 HIGH PRESSURE PUMPS CONE FOR EACH WASH BAY) WITH STAND

FOR EASY ACCESS,

7. IN ADDITION TO BOILER HOLDING TANK FOR HOT WATER DEMANDADDED SEPARATE 50

GALLON STAINLESS STEEL HOT WATER HOLDING TANK, AND ADDITIONAL 40 GALLON

STAINLESS STEEL WAX AND 40 GALLON STAINLESS STEEL SOAP HOLDING TANKS,

8. ONE WINTERIZING WATER WEEP SYSTEM FOR HIGH PRESSURE WASH SYSTEM,

9. AUTOMATIC ALL EXTERIOR LIGHTS ON/OFF AT DUSK/DAWN,

10. USE OF THREE PHASE ELECTRIC FOR ELECTRIC USAGE SAVINGS,

11. INSULATED MECHANICAL ROOM ROOF.

12. ROOM FOR EXPANSION FOR 2 MORE BAYS ON PROPERTY (ORIGINALLY WAS APPROVED

FOR 8 BAYS, BUT WAS CUT BACK.

13. SIX (6) VACUUMS LOCATED ON THREE (3) VACUUM ISLANDS,

14. TWO (2) REAR LOADING ROWE BILL CHANGERS.

Table of Contents

Property Details

Photos

Local Map

Aerial Map

Marketing Analytics

Offering Summary

Underwriting Analysis

Income Expense

Rent Roll

Market Overview

Demographics

Sales Comps

Contact

Confidentiality Disclaimer

Boardwalk Commercial Real Estate (Real Estate Broker) has information contained in

such documents that will not be passed under any circumstances to another intermediary

or broker or trader or any other company or private person who is not an end buyer

without specific written consent of Boardwalk CRE is generating the information herein.

NOT TO CIRCUMVENT

The parties hereby legally, wholly and irrevocably bind themselves and guarantee to one

another that they shall not directly or indirectly interfere with, circumvent or attempt to

circumvent, avoid, bypass or obviate each other’s’ interest, or the interest or relationship

between the parties, by means of any procedures, sellers, buyers, consultants, dealers,

distributors, financial instructions, or other actions whatsoever for the purpose of

changing, increasing or avoiding, directly or indirectly, payments of established or to-be

established fees, commissions, or other continuance of pre-established relationships, or to

intervene in un-contracted relationships with intermediaries, entrepreneurs, legal counsel,

or to initiate any buy/sell or any transactional relationship that bypasses one of the parties

in favor of another individual or entity, in connection with the subject transaction or

project or any related future transaction or project.

NOT TO DISCLOSE / CONFIDENTIALITY

The parties shall use all reasonable efforts to protect the information given to it pursuant

to this and to keep it confidential, using a standard of care no less than the degree of care

that the party would be reasonably expected to employ for his own similar confidential

information. Parties may disclose the information only to those persons who have a need

to know the information. Prior to disclosing the information to employees, independent

contractors, or necessary third parties, the party shall issue appropriate instructions to

them to satisfy its obligations herein and obtain their agreement to receive and use the

information on a confidential basis on the same conditions as contained.

Property Report

Property Address 2630 W Lake St

City/State Hanover Park, IL

Price $350,000

Building SF 2,900

Lot Size SF 29,621

Year built 1994

Construction Masonry

Zoning B-1

Number of Stories 1

Investment Overview Property Details

Visit our website at:

www.boardwalkcre.com The information contained herein has been secured by sources believed to be reliable. Boardwalk CRE however makes no

representation or warranty, expressed or implied as to the accuracy of the information. Buyer assumes all risks any inaccuracies.

Marketing & Analytics

Real-time Market Data

We offer comprehensive and research-driven, real-time market data using our current

database of assets, buyers and sellers, and pricing information. Our real estate marketing

statistics, listings and inventory data generates up-to-date comps in the Chicago-land

market.

Reporting and Analytics

Boardwalk CRE is experienced in marketing analytics and reporting tools to provide

evaluations and clear understanding of the property through powerful offering

memorandums and marketing presentations.

Lead Generation

Boardwalk CRE has proven experience in the planning and execution online marketing

campaigns to boost visibility and successfully generate real estate leads.

A Comprehensive Marketing Strategy

Our powerful internal marketing system includes MRED for Property Detail reports,

CoStar, Loopnet along with direct mail and email campaigns. We create a real estate

marketing plan that will achieve more results thru our website, social media platforms

and specialized applications.

Web-based Strategies

Boardwalk CRE has over 25 years’ experience in commercial real estate. Through our

powerful database and custom series of web-based tools, we have automated applications

designed to produce full offering memorandums in high-quality professional formats.

We use our social media reach to increase campaign success.

Personal Touch

We believe in the personal touch as real estate is still a people business. Our clients'

concerns and their achievement of goals is our top priority. We are ready to sit down

with our client, have coffee and analyze their property in detail.

Plat Map 1

Plat Map 2

Demographics

Visit our website at:

www.boardwalkcre.com

Offer Submission

All tours and site visits are to be arranged exclusively thru Boardwalk CRE.

Do not contact owner or tenants without scheduling a visit.

All offers shall be submitted to a Broker representing Boardwalk CRE in the

form of a Letter of Intent that includes the following:

• Purchase price: Specify All-cash or Financing contingency

• Capital structure: Capital structure for investment

• Contingencies: Specific due diligence items required to close

• Deposit: Earnest Money timeframe and when becomes non-refundable

• Due diligence: Timeframe for days required to complete

• Closing: Closing Date

Bob Petrich

Boardwalk Commercial Real Estate

BoardwalkCRE.com

bob@boardwalkcre.com

708-917-3333