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Chicago Retail Comparables



Property

 Date of
Sale		 Size (SF)
Yr. Built		 NOI/SF 
Cap Rate
Price/SF
Arlington Town Square Arlington Heights, IL 02/07 121,117 2002 N/A $267
Canterbury Shopping Center  Markham, IL 11/06 260,000 1961 N/A $113
Lincoln Village Shopping Center 6201 N. Lincoln Avenue 10/06 134,632 2002 N/A $298
Zion Plaza Shopping Center
Zion, IL		 06/06 185,518 N/A N/A $50
Fabyan Randall Plaza
Batavia, IL		 06/06 91,395 2002 N/A $139
Hickory Palos Square
Hickory Hills, IL		 04/06 205,957 1985 N/A $121
Stratford Plaza
Bloomingdale, IL		 01/06 358,000  1992 N/A $140
Green Trails Shopping Center
Lisle, IL		 01/06 90,000 1983 N/A $140
River Forest Town Center River Forest, IL 11/05 88,000 1994 N/A $138
Rolling Meadows Shopping Center
Rolling Meadows, IL		 11/05 130,939 1965 N/A $140
Marketplace at Vernon Hills Vernon Hills, IL 9/05 191,418 2000 N/A $192
Yorkshire Plaza
Aurora, IL		 9/05 361,984 1986 N/A $82
South Loop Marketplace
Chicago, IL		 8/05 102,265 1997 $21 6.0% $354
Butterfield Plaza
Downers Grove, IL		 6/05 114,669 1985 $14.75 7.5% $197
Webster Place
Chicago, IL		 4/05 134,329 1988 N/A $381
Orland Park Place
Orland Park, IL		 4/05 600,000 2000 N/A $128
Brickyard Shopping Center Chicago, IL 4/05 264,353 2005 N/A $340
Mapleview Shopping Center Grayslake, IL 3/05 103,838 2000 N/A $182
Chicago Ridge Mall
Chicago Ridge, IL		 1/05 834,269 1981 $10.35 8.0% $129
Pheasant Hill Plaza
Bolingbrook, IL		 12/04 111,570 1986 $8.25 8.0% $103
North Avenue Collection
Chicago, IL		 12/04 199,643 2004 $28.90 6.5% $445
Darien Town Center
Darien, IL		 12/04 217,505 1994 $10.83 7.85% $138
Gurnee Town Center
Gurnee, IL		 10/04 179,602 2002 $17.50 7.1% $247
Bricktown Square
Chicago, IL		 10/04 306,421 1975 $7.67 8.7% $88
Village Square
Northbrook, IL		 9/04 334,955 1997 $19.00 7.0% $271
Green Oak Shopping Center
Oak Lawn, IL		 9/04 94,358 1967 $8.93 7.5% $119
Marshall Fields
Oak Brook, IL		 8/04 105,559 1996 N/A $93
Village Green
Lincolnshire, IL		 7/04 132,700 2000 $13.38 8.0% $167
Buffalo Grove Town Center
Buffalo Grove, IL		 6/04 131,875 1988 N/A $105
The Broadway at Surf
Chicago, IL		 5/04 150,000 1998 $14.20 8.8% $161
Rice Lake Square
Wheaton, IL		 4/04 249,377 1989 $12.68 7.2% $176
Ravinia Plaza
Orland Park, IL		 9/03 101,802 1990 $12.75 8.1% $157
Village Square
Northbrook, IL		 8/03 334,955 1997 $19.75 8.25% $239
Sam's Club
Tinley Park, IL		 8/03 110,590 2000 N/A $95
Streets of Woodfield
Schaumburg, IL		 8/03 630,400 1990 N/A $106
Kohl's Round Lake
Beach, IL		 6/03 93,000 1999 $6.50 7.5% $87
Algonquin Town Center
Algonquin, IL		 6/03 103,226 1989 $8.75 9.9% $89
South Loop Marketplace
Chicago, IL		 6/03 102,265 1997 $19.80 8.0% $247
Home Depot
Chicago, IL		 5/03 96,000 2002 $23.75 7.0% $341
North Riverside Park Plaza
North Riverside, IL		 5/03 119,608 1976 $10.35 9.75% $106
Indian Oaks Plaza
Bolingbrook, IL		 5/03 63,000  1975 $9.36  12% $76
Village Crossing
Skokie, IL		 5/03 428,000  1989 $15.75  8.34% $76
County Line Square
Burr Ridge, IL		 1/03 90,000  1990 $9.02 10.6%  $85
Cary Corners
Cary, IL		 1/03 49,012  1957 $7.67  9.17% $84
Grand Plaza West Shopping Center
Waukegan, IL		 12/02 53,171  1978 $8.40  14.76% $57
Midway Square
Chicago, IL		 9/02 55,574  1988 $12.73  10.1% $126
Randall Road & Wilson St
Batavia, IL		 7/02 70,000  N/A $12.34  9.0% $134
Broadway Plaza
Chicago, IL		 6/02 53,595  1989 $11.11  10.35% $107
Briar Square
Bolingbrook, IL		 1/02 80,146   N/A N/A $65
18230-18244 Kedzie Avenue
Hazel Crest, IL		 12/01 46,000   N/A N/A $26
Oak Knoll Commons
Streamwood, IL		 8/01 46,000  1965 N/A   10.0% $32
16901-16919 Torrence Avenue Lansing, IL 8/01 89,912   1988 N/A   11.0% $34
Cross Creek Commons
Roselle, IL		 6/01 92,000  1980 N/A   9.25% $43
Weathersfield Commons Schaumburg, IL 12/00 91,399 $4.78   9.5% $50
River West Plaza
Chicago, IL		 10/00 144,160  1967 N/A $54
Cross Creek Commons
Roselle, IL		 6/00 82,359 N/A $30
Dolton Plaza
Dolton, IL		 5/00 50,000  1970 $4.02 $60
Marwood Plaza
Indianapolis, IN		 5/00 105,875 1962 $5.56 9.5% $59
4400 W. Elm Street
McHenry, IL		 3/00 76,000 1975 $4.08 10.88% $38
Indian Trail Plaza
Aurora, IL		 3/00 56,700 N/A $2.48 11.82% $21
9511-39 S. Jeffery Ave.
Chicago, IL		 2/00 64,000 1946 $5.44 12.00% $45
Sauk Plaza S.C.
Sauk Village, IL		 2/00 54,498 1960 $3.80 12.17% $31
Wild Oats Market
Hinsdale, IL		 12/99 48,000 1998 $19.82 8.6% $223
Lincoln Village
Chicago, IL		 12/99 117,188 $8.94   9.7% $92
Westgate Mall
Madison, WI		 11/99 232,818 1969/96 $4.63 11.81% $39
Rose West Plaza
Naperville, IL		 11/99 15,000 N/A $187
Louis Joliet Mall
Joliet, IL		 8/99 Total 922,300 Sold 305,832
1978		 $13.65
9.2%		 $148
Eagle Country Market
350 McHenry,
Buffalo Grove, IL		 6/99 56,142
1999		 $10.70
8.4%		 $127
3015-25 E. New York Street Aurora, IL 4/99 92,135 1998 $12.15 9.3% $130
Market Meadows
1201-1309 S. Naper,
Naperville		 4/99 147,656 1978 $8.30 8.8% $94
Plaza Del Prado     
2707-75 Pfingsten,
Glenview, IL		 3/99 129,112 1978 10.0% $107
Woodland Commons
Route 22, Buffalo Grove, IL		 2/99 170,033  1992 $10.60  9.0% $118
Downers Park Plaza
Lemont & 75th,
Downers Grove		 2/99 144,670  1980 $8.25   9.5% $87
Chicago Ridge Mall
Chicago Ridge, IL		 2/99 836,845  1981  $9.74   9.0% $109
Concorde Green Shopping Ctr  141-49 North,
Glendale Heights		 1/99 201,959 1990 $7.90 9.0% $76
McHenry Community Center  Route 14/Pingree,
Crystal Lake		 1/99 65,687 1998 $6.41  8.7% $74
Bannockburn Green Center 2501-95 Waukegan, Bannockburn 1/99 216,038 1987 $11.84 9.4% $126
Windpoint Shopping Center 
201 N. Randall,
Batavia, IL 		 12/98 256,000 1998 $7.76  9.75% $80
Park Center Shopping Ctr.
15960-16090 Harlem,
Tinley Park		 12/98 186,540 1992  $8.14  9.8% $83
Marketplace At 6 Corners
Irving Prk/Cicero/Milwaukee,Chgo		 12/98 84,884 1998 $20.00 9.0% $222
The Grove Neighborhood Center 55-197 Highway 83,
Buffalo Grove		 11/98 117,367 1985 $11.20 9.0% $124
Hinsdale Lake Commons
6300 Rt. 83, Clarendon Hills, IL 		 10/98 230,830 1986 $8.22 9.9% $83
Deerbrook Mall
110 S. Waukegan, Deerfield, IL		 6/98 583,571 1968 $8.06  7.7% $105
Butterfield Square Neighborhood Libertyville, IL 5/98 106,250 1997 $11.61  9.6% $121
Stratford Plaza
140-62 S. Gary, Bloomingdale, IL		 3/98 358,274 1980/96 $9.14  8.9% $103
Woodfield Plaza Neighborhood   410-590 Golf Road, Schaumburg 1/98 177,000  1992 $10.00  9.25% $108
Oak Brook Place
2155 W. 22nd  Street, Oak Brook		 1/98 175,000 1996 $18.75  8.4% $224
Iroquois Center
1163 E. Ogden, Naperville, IL		 1/98 140,981  1983 $7.80  9.25% $84
Woodgrove Festival
1001 75th Street, Woodridge, IL		 12/97 149,293 1984 $11.62 10.5% $111
River’s Square
3125 S. Ashland, Chicago		 10/97 131,600
1986		 $7.17
11.0%		 $65
Dominick’s
Glendale Heights, IL		 10/97 68,329
1997		 $11.40
9.5%		 $120
Mallard Creek
Round Lake Beach, IL		 10/97 143,759
1987		 $9.25
10.5%		 $88
Oaks Shopping Center
Des Plaines, IL		 10/97 138,274
1983		 $9.00
9.25%		 $98
Bed Bath Beyond, Golfsmith
Schaumburg, IL		 9/97 100,000
1997		 $8.36
9.0%		 $93
Westbrook Commons, Dominick’s
Westchester, IL		 9/97 122,628
1983		 $11.40
9.2%		 $124
Mid Oak Plaza
Midlothian, IL		 8/97 77,942
1986		 $13.75
10.75%		 $76
Rivertree
Vernon Hills, IL		 7/97 314,187
1987		 $10.00
10.0%		 $101
Westridge Court
Naperville, IL		 7/97 448,000
1990		 $10.58
9.75%		 $108
Levi’s/E. Bauer/Marshalls/Linens
600 N. Michigan, Chicago		 7/97 214,588
1997		 $43.44
7.9%		 $550
Wheaton Town Square
Wheaton, IL		 7/97 175,225
1992		 $19.63
9.1%		 $216
Pipers Alley
1600 N. Wells, Chicago		 7/97 136,044
1976/88		 50% Occupied $90
Dominick’s
Highland Park, IL		 6/97 70,000
1996		 $18.25
10.0%		 $183
One Schaumburg Place
Schaumburg, IL		 6/97 575,000
1990		 25% Occupied $35
Greentree Plaza
Libertyville, IL		 6/97 110,000
1976		 $7.00
10.0%		 $70
Dominick’s
Schaumburg, IL		 6/97 70,300
1995		 $16.00
10.5%		 $152
Millard Crossing
Elk Grove, IL		 5/97 83,295
1992		 $9.25
9.5%		 $97
Cobblers Square
Elgin, IL		 5/97 102,643
1991		 $10.15
9.5%		 $107
North Pier
401 E. Illinois, Chicago		 4/97 443,342
1920’s		 50% Occupied $48
North Mayfair Common
5240 N. Pulaski, Chicago		 4/97
 		 87,500
1993		 $13
9.3%		 $141
High Grove Plaza
Naperville, IL		 4/97 71,000
1996		 $10
10.5%		 $98
North Park Mall
Villa Park, IL		 3/97 335,000
N/A		 N/A
N/A		 $12
Cress Creek Square
Naperville, IL		 2/97 145,000
1987		 $8
11.0%		 $73
South Point
Arlington Heights, IL		 1/97 97,000
1989		 $13
10.9%		 $124
Lansing Square
Lansing, IL		 1/97
 		 233,500
1991		 $7
10.5%		 $70
Kennedy Plaza
3300 W. Belmont, Chicago		 1/97 81,000
1978		 $6
10.0%		 $64
Southfield Plaza
Bridgeview, IL		 12/96
 		 206,500
1959		 $3
9.3%		 $34
Hobson West Plaza
Naperville, IL		 11/96
 		 100,000
1980		 $7
11.2%		 $64
Arlington Towne Square
Arlington Heights, IL		 10/96 91,000
1987		 $6
9.6%		 $59
Brookhaven Plaza
Darien, IL		 9/96
 		 101,000
1969		 N/A
N/A		 $71
Salem Square
Countryside, IL		 8/96
 		 112,500
1973		 $6
10.2%		 $55
Village Square of Northbrook
Northbrook, IL		 8/96
 		 334,000
1995		 $19
9.2%		 $209
Hawthorne Village Commons
Vernon Hills, IL		 8/96
 		 98,500
1980s		 $9
9.9%		 $86
River Oaks West Mall
Calumet City, IL		 7/96
 		 212,000
1980		 $3
10.5%		 $29
Ravina Plaza
Orland Park, IL		 7/96
 		 103,000
1990		 $7
9.3%		 $79



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