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HomeMy WebLinkAboutRESOLUTION - 41-26 - 6/16/2026 - 1601 Tonne Road 6BRESOLUTION NO. 41-26 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED FROM TIME TO TIME FOR CERTAIN REAL ESTATE LOCATED AT 1601 TONNE ROAD, ELK GROVE VILLAGE, ILLINOIS (1281 JARVIS LLC) WHEREAS, the Village of Elk Grove Village desires to promote the development of industry in the Village of Elk Grove; and WHEREAS, the Cook County Assessor is operating under an ordinance enacted by the Cook County Board of Commissioners, and amended from time to time, which has instituted a program to encourage industrial and commercial development in Cook County known as the Cook County Real Property Classification Ordinance; and WHEREAS, in the case of abandoned property, if the municipality or the Mayor and Board of Trustees, finds that special circumstances justify finding that the property is "abandoned" for purpose of Class 6B, even though it has been vacant and unused for less than 12 months, that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 6B application. Such resolution or ordinance shall be filed with the eligibility application. If the ordinance or resolution is that of a municipality, the approval of the Board of Commissioners of Cook County is required to validate such shortened period of qualifying abandonment, and a resolution to that effect shall be included with the Class 6B eligibility application filed with the Assessor; and WHEREAS, the Petitioner has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance for certain real estate located at 1601 Tonne Road, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-34-101-030-0000, and has proven to this Board that such incentive provided for in said ordinance is necessary for development to occur on this specific real estate. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section 1: That the request of the Petitioner to have certain real estate located at 1601 Tonne Road, Elk Grove Village, Cook , County, Illinois, identified by Property Index Number 08-34-101-030-0000, declared eligible for Class 6B special circumstances status pursuant to the Cook County Real Property Classification Ordinance as amended from time to time, is hereby granted in that this Board and the Village of Elk Grove Village, Illinois, has determined that the incentive provided by the said Class 6B Tax Incentive Ordinance is necessary for the said development to occur on the subject property, legally described as follows: (PIN 08-34-101-030-0000) LOT 254 IN CENTEX INDUSTRIAL PARK UNIT 140 A SUBDIVISION IN THE NORTH 1/2 OF SECTION 34, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN ACCORDING TO THE PLAT THEREOF RECORDED AUGUST 6, 1970 AS DOCUMENT 21230870 IN COOK COUNTY, ILLINOIS. Section 2: That the Special Circumstances as outlined by the petitioner are attached hereto as Exhibit "A" and made a part thereof. Section 3: That the Village of Elk Grove Village, Illinois hereby supports and consents to the Class 6B Application and approves the classification of the subject property as Class 6B property pursuant to the Cook County Real Property Classification Ordinance and the Class 6B tax incentives shall apply to the property identified as Permanent Real Estate Index Number 08-34-101-030-0000. Section 4: That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution subject to the petitioner completing the following conditions as shown in the petitioners Class 6B application within twelve months of the approval of this Resolution: a. Parking lot apron in need of replacement, portions of curb and gutter and adjacent sidewalk will need to be removed and replaced; b. Loading dock pavement replaced; c. Asphalt parking lot on the north side and rear of building needs reconstruction, the rear third parking lot shall be seal coated and striped; d. Existing detention is provided and will be maintained with a sign installed; e. Rear lawn area shall be restored; f. Rear ditch shall be cleared and restored; g. Bollards for the rear drive-in door shall be painted or replaced; h. Landscaping replaced; i. Sidewalk from loading dock to adjacent property shall be removed to property line; j . Monument sign shall be updated; k. Overhead door replaced. Section 5: That this Resolution shall be in full force and effect from and after its passage and approval according to law. 2 VOTE: AYES:6 NAYS:0 ABSENT:0 PASSED this 16th day of June 2026. APPROVED this 161h day of June 2026. Mayor Craig B. Johdwii Village of Elk G roxue Village ATTEST: 1 ^ J` nnif r S.. ahon, Village Clerk SSARNOFF PROPERTY TAX May 6, 2026 Sue Dees Director of Business Development & Marketing Village of Elk Grove 901 Wellington Avenue Elk Grove, Illinois 60007 sdees@elkgrove.org RE: Class 6b Incentive Resolution Request 1281 Jarvis LLC, or an entity to be named 1601 Tonne Rd. Elk Grove Village, Illinois 60007 PIN: 08-34-101-030-0000 Dear Sue: 1281 Jarvis LLC, or an entity to be named, ("Applicant") is requesting a Resolution supporting and consenting to a new Class 6b Incentive on the above -referenced property based on occupation of an abandoned property that has been vacant for less than 12 continuous months with a purchase for value, special circumstances and substantial rehabilitation. The Applicant plans on purchasing the subject property and rehabilitating the same for its related entities, MG Bros Construction, Inc., Stairluxe, LLC, and Luxahaus, LLC (collectively "the Companies"), to occupy for their industrial uses consisting of the light assembly, warehousing and distribution of cabinets, windows, millwork and more that are used in the home improvement industry. In addition, because the property has been vacant for less than 12 continuous months with a purchase for value, the Applicant will be seeking a new Class 6b Incentive with special circumstances. Attached please find a brief narrative discussing the need for special circumstances. The subject property is approximately 74,662 square feet with an approximately 24,700 square foot building that has been 100% vacant and unused since January 12, 2026. The subject property is in need of substantial rehabilitation. Therefore, the Applicant plans to spend approximately $150,000 to $200,000 to immediately rehabilitate and improve the subject property. Based on initial inspections these improvements will be to update the landscaping, update/improve the fagade and add new signage as well as to complete other general maintenance. See attached drawings. The Applicant plans to also complete interior improvements. Please note that all of the rehabilitation costs could significantly vary depending on a variety of factors such as market variances. Further inspections of the subject property may require additional improvements. The rehabilitation will create construction jobs. 100 N_ LASALLE STREET, LOTH FLOOR, CHICAGO, IL 60602 (312) 782-8310 WWW.SARNOFFPROPERTYTAX.COM So SARNOFF PROPERTY TAX Sue Dees May 6, 2026 Page Two Currently the Companies operate out of the approximately 11,223 square foot building and the approximately 5,223 square foot building located at 1281-1295 Jarvis Ave. in Elk Grove Village. The Companies are growing and need to add more space to fit their growth plans as well as to bring their operations all under one roof. Therefore, the Applicant plans to remain in Elk Grove Village by moving to the subject property and expanding there as well. Currently, the Companies collectively have 8 employees (all full-time), and the plan is to bring all of these employees to the subject property and to hire an additional 2 to 3 employees within the first three years of moving. Additionally, the Companies will continue to look to hire all qualified Elk Grove Village residents for future hires. Elk Grove Village can also expect that the Companies and their employees will continue to invest commercially back into the community by visiting local establishments such as restaurants, gas stations, grocery stores and more. In addition, Elk Grove Village can expect that the Companies will continue to attract business and various customers to the Village in the course of their operations. As the above indicates, there are various benefits Elk Grove Village will receive should the Applicant be granted the Class 6b Incentive. The Applicant is excited to move forward with completing the rehabilitation and reoccupation of the subject property. However, the above is all contingent on the Applicant receiving a Class 6b Incentive. Therefore, please review this letter and the following attached materials, and place the Applicant on the Agenda for the next Elk Grove Village Board meeting on May 26, 2026: 1. Petition Form for Class 6B Program. 2. Affidavit attesting to the vacancy on the subject property. 3. Legal description of the subject property. 4. Aerial of the subject property. 5. Marketing brochure with current pictures of the subject property. 6. Color renderings showing the proposed new fagade and landscaping. 7. List of the subject property's taxes for the past five years, including a Cook County print- out. 8. Estimated taxes on the subject property with and without the Class 6b Incentive as well as with 100% vacancy relief. 9. Cook County Disclosure of Ownership Interest Statement. 10. $1,000.00 filing fee. Should you have any questions or concerns, do not hesitate to contact me at (312) 782-8310. Sincerely, SARNOFF & BACCASH ��/ Zachary A. Kafitz SARNOFF PROPERTY Special circumstances requested by 1281 Jarvis LLC or an entity to be named 1601 Tonne Rd. Elk Grove Village, Illinois PIN: 08-34-101-030-0000 1281 Jarvis LLC, or an entity to be named, ("Applicant") is requesting a Resolution supporting and consenting to a new Class 6b Incentive on the above -referenced property based on occupation of an abandoned property that has been vacant for less than 12 continuous months with a purchase for value, special circumstances and substantial rehabilitation. The Applicant plans on purchasing the subject property and rehabilitating the same for its related entities, MG Bros Construction, Inc., Stairluxe, LLC, and Luxahaus, LLC (collectively "the Companies"), to occupy for their industrial uses consisting of the light assembly, warehousing and distribution of cabinets, windows, millwork and more that are used in the home improvement industry. The subject property is approximately 74,662 square feet with an approximately 24,700 square foot building that has been 100% vacant and unused since January 12, 2026. The subject property is in need of substantial rehabilitation. Therefore, the Applicant plans to spend approximately $150,000 to $200,000 to immediately rehabilitate and improve the subject property. Based on initial inspections these improvements will be to update the landscaping, update/improve the facade and add new signage as well as to complete other general maintenance. See attached drawings. The Applicant plans to also complete interior improvements. Please note that all of the rehabilitation costs could significantly vary depending on a variety of factors such as market variances. Further inspections of the subject property may require additional improvements. The rehabilitation will create construction jobs. Currently the Companies operate out of the approximately 11,223 square foot building and the approximately 5,223 square foot building located at 1281-1295 Jarvis Ave. in Elk Grove Village. The Companies are growing and need to add more space to fit their growth plans as well as to bring their operations all under one roof. Therefore, the Applicant plans to remain in Elk Grove Village by moving to the subject property and expanding there as well. Currently, the Companies collectively have 8 employees (all full-time), and the plan is to bring all of these employees to the subject property and to hire an additional 2 to 3 employees within the first three years of moving. Additionally, the Companies will continue to look to hire all qualified Elk Grove Village residents for future hires. Elk Grove Village can also expect that the Companies and their employees will continue to invest commercially back into the community by visiting local establishments such as restaurants, gas stations, grocery stores and more. In addition, Elk Grove Village can expect that the Companies will continue to attract business and various customers to the Village in the course of their operations. Based on our research and the additional costs that must be incurred to rehabilitate the property and building in order for this to be a successful endeavor, the Applicant must possess a Class 6b Incentive to complete the improvements and to successfully operate the property. It is for these reasons that it is necessary to grant the Applicant a Resolution in support and consent of a new Class 6b Incentive for the subject property based on occupation of an abandoned property that has been vacant for less than 12 continuous months with a purchase for value, special circumstances and substantial rehabilitation. Petition Form for Class 613 Program For Office Use Only Address of Subject Property: Signed Affidavit Dated: To the Applicant: Anyone who intends to submit a request for a Cook County Class 6B Property Tax Abatement within the corporate limits of the Village of Elk Grove Village must first complete this petition in all its entirety. The contents of this petition are as follows: Petition Detailed Letter of Transmittal Property Tax Analysis Eligibility Checklist $1,000 Filing Fee Please read the entire form and complete every section as thoroughly as possible. If you have any questions, please call Sue Dees, Director of Business Development & Marketing, at 847-357-4005. ,11 r.sp PETITION FOR COOK COUNTY CLASS 6B VILLAGE OF ELK GROVE VILLAGE We, the undersigned, being owners of record of the following described real estate, do hereby request that the following business and legally described real estate be granted a Cook County Class 6B Property Tax Abatement: Business. 1281 Jarvis LLC, or an entity to be named Address: 1601 Tonne Rd., Elk Grove Village, Illinois 60007 Permanent Real Estate Tag Index No. 08-34-101-030-0000 Assessed Valuation 20 23 $1251775 (last 3 years) 20 24 $198,662 20 25 $379.697 Attach Legal Description of Property Owners of Record: Print Flame: -&rew;t ^- Signature: Cue- 60tz' LAM V11[a (Address City, State) Phone: V� l Fax: Email: b,am&er-50+% (a ln�Qmwnr s'? 616. CawN, Business Applicant's Name: Print Name: CnC&C--GeOV- V-AWV-,+ SiQnattire: 1281 Jarvis LLC, or an entity to be named Business/Corporation Name 1281 Jarvis Ave., Elk Grove Village, IL 60007 (Address City, State) Phone: 630-413-9880 Fax: Email: Cn - C.o us Disclosure of Ownership 1. When submitting documentation required for the Cook County Class 6B Property Tax Abatement Program, the applicant is required to submit all required and supporting documentation for the application. The applicant is REQUIRED to submit the following information: ❑ A Letter of Transmittal detailing the existing and intended use of the property, reason for Class 6B, property alterations, pertinent business operational information, or any information of note that may be beneficial for staff and the Village Board. ❑ Completion of the Class 6B Eligibility Checklist for the property in question. ❑ Completion of the property tag analysis spreadsheet. ❑ Current property photographs and renderings of propertylbuilding modifications, if applicable. ❑ Proposed Site Plan, if applicable. If property is: ❑ Owned by the indiyidual(s); a Title Tract Search_ or > One copy of the latest recorded deed with affidavit ❑ Administered by a trust; r One certified copy of the trust agreement, trust deed and a list of beneficiaries Has the property been, or is now, the subject of any other action by the Village? None that the Applicant is If YES, give details on a separate sheet of paper. aware of at this time. rrrT� �� yC C VILLAGE OF ELK GROVE VILLAGE, ILLINOIS Petition for Cook County Class 6B Property Tax Abatement The Village of Elk Grove prides itself on being a business friendly community. As such, the Village supports the use of the Cook County Class 6B Tax Abatement in cases where it is established that a tax disparity exists and is detrimental to tenancy and where the project presents a clear benefit to the community. The Village reserves the right to review applications and render its approval or disapproval based on the information provided. Adhering to all Village codes and ordinances with respect to building and landscaping alterations is required. Furthermore, proposed building and landscaping construction must follow the design guidelines promulgated in the Industrial and Commercial Revitalization Master Plan Update for 2011 _ Proposed enhancements should be in accordance with the attached Industrial Design Guidelines Packet. The purpose of the Cook County Class 6B Property Tax Abatement Program is to stimulate the re - occupancy of vacated industrial buildings through a reduction in property taxes. Property approved for Class 6B status allows the owner of the property to have the assessment level lowered for a period of twelve years. Under the program the assessment schedule is 10% of fair market value for ten years then 15% in the eleventh year and 20% in the twelfth year. Industrial property is regularly assessed at 25% of fair market value in Cook County. I - INITIATION: The following procedures are necessary for a completed petition for Cook County Class 6B Property Tax Abatement consideration: A. Documents required: 1. Petition (attached) completed in full 2. Detailed Letter of Transmittal demostraing need for the incentive "But For Clause." 3. Completion of Class 6B Eligibility Checklist 5. Legal description of the property. 6. Photographs, both aerial and land based, of the area for which the property tax exemption is requested 7. Detailed rehabilitation plans with color elevations and site plan 8. Detailed rehabilitation budget showing itemized total cost 9. Detailed landscaping plan and signage plan with color elevcations 10. For new construction, detailed colored elevations and an architectural site plan B. Fees: Submit a check trade payable to the Village of Elk Grove ViUM to meet the following: 1. $1,000.00 filing fee_ Documents and fees are to be submitted to the Village Manager's Office, Attn: Director of Marketing & Business Development, 901 Wellington, Elk Grove Village, Illinois 60007. II - REVIEW AND PROCESSING Upon receipt of the petition for Cook County Class 6B Property Tax Abatement and fee, the Director of Business Development & Marketing will: A. Examine the request for compliance with the above requirements for information, documents and fees. Incomplete inquiries will be returned to the petitioner or applicant for their action_ Step "B" will be taken when all petition requirements have been fulfilled. B. Distribute petition and required documents for departmental review and comment by Village Manager's Office, Community Development, Public Works, and Finance. Departments will submit written comments to Director of Business Development & Marketing. C. Department comments will be communicated to applicant for correction. D. When your application is determined to be complete by staff, the petition will be presented to the Mayor & Board of Trustees at the next regularly scheduled Village Board Meeting for consideration. E. Fully completed petitions will be reviewed by the Mayor & Board of Trustees to ensure that the project has a clear and demonstrated benefit to the community. If the project is deemed to have merit and the Applicant has demonstrated that the project could not occur without the assistance provided by the Cook County Class 6B Property Tax Abatement, then the Mayor & Board of Trustees will provide the applicant with a Letter of Receipt from the Village. This letter may be used to inform the Cook County Assessor's Office that Elk Grove Village is in receipt of the Applicant's request for a Cook County Class 6B Property Tax Abatement. The Letter of Receipt is not a guarantee of approval and the Applicant can move ahead with their project at their own risk F. The Village will maintain contact with the applicant to ensure that the stated obligations have been met. G. Once the stated obligations have been met, Village staff will present a Resolution of Support to the Mayor & Board of Trustees at a regularly scheduled Village Board Meeting for consideration. III - FINAL ACTION Upon their review, the Mayor and Board of Trustees at a Village Board Meeting will: A. Deny the request B. Approve the request with or without modification C. Adopt appropriate resolution If approved, the Applicant will receive a certified copy of the Village's Resolution in support of the Cook County Class 6B Property Tax Abatement. NOTE: While the Village will do its best to expedite the review and approval process, applicants should allow at least 30 days for review by staff and consideration by the Mayor & Board of Trustees. Furthermore, additional time may be needed depending on the complexity of the development. VILLAGE OF ELK GROVE VILLAGE, ILLINOIS Petition for Cook County Class 613 Property Tax Abatement Eligibility Checklist In order to be considered for the Cook County Class 6B Property Tax Abatement, the Eligibility Checklist must be completed. The initial application must score 16 out of 16 points. Each item will receive 1 point for Yes and 0 points for No. Packet Item Yes No Letter of Transmittal x Name of the Applying Comp any Current and Proposed Location/Address of the Applicant x x Proposed Use of the Property x Proof of Vacancy x Job Creation and Retention Data _(excluding one-time construction jobs) x Total Project Cost of Proosed Improvements exclude landpurchase) x Proposed Detailed Construction Bud et of Proposed Improvements x Proposed Landscape Budget and Plan x Total Square Footage of the Buildin x Current Color Photographs of the Building x Prior Five Years of Tax History x Breakdown of Taxes Paid Occupied With 6B v. Occupied Without 6B Tax PIN x x Legal Description x Letter from Applicant Explaining the Need for the Tax Abatement on Company Letterhead Application Fee of $1,000 x x Total Points 17 Below is a list of recommended items to be included in your Letter of Transmittal as part of the submission: • Nature of the proposed operation. + Documentation detailing how long the building has been vacant. • Owner occupied or leased. Justification explaining the need for the property tax abatement. ■ Note if retail sales will take place at the proposed location. ■ Proposed number of employees, which should include full-time and part-time, as well as any potential growth and time -frame for filling new positions. ■ Detailed breakdown of what needs to be done to the property to make it suitable for the proposed operation. ■ How the proposed improvements conform with the Village's Industrial/Commercial Revitalization Master Plan. • How the proposed improvements will increase the valuation of the property. i How the neighboring businesses will benefit from the proposed improvements. E Elk Grove Village Class 6B Property Tax Terms and Agreement 1601 Tonne Rd. The APPLICANT shall perform the WORK upon the SUBJECT PROPERTY located at in accordance with the PLANS and in full compliance with all applicable codes, ordinances, rules, regulations, permits, and plans as outlined in Attachment A, imposed by the VILLAGE, and shall complete the WORK in a good and workmanlike manner or risk voiding this agreement. The WORK shall include all building and landscaping alterations as proposed by the APPLICANT in exchange for the VILLAGE'S approval of a Cook County Class 6B Property Tax Abatement. The APPLICANT; will be issued a Letter of Receipt upon submission of a completed Elk Grove Village Class 6B Application Packet. This letter may be used to inform the Cook County Assessor's Office that the Village of Elk Grove is in receipt of the Applicant's request for a Cook County Class 6B Property Tax Abatement. The Letter of Receipt is not a guarantee of final approval and the Applicant may move ahead with their project at their own risk. The Letter of Receipt will serve as official notice that the APPLICANT is eligible for the incentive-, however, final approval is not complete until there is an official Resolution passed by the Village. The Resolution will not be executed until such time all proposed work is complete. The APPLICANT has 365 days from the execution of this Agreement to complete all proposed alterations and submit a full accounting of costs. If costs are not consistent with promises made in the original application, the APPLICANT may not be granted a final resolution of 6B approval. This AGREEMENT sets forth all the promises, inducements, agreements, conditions and undertaking between the APPLICANT and the VILLAGE relative to the subject matter thereof, and there are no promises, agreements, conditions or understandings, either oral or written, expressed or implied, between them, other than as set forth herein. No subsequent alteration, amendment, change or addition to this AGREEMENT shall be binding upon the PARTIES hereto unless authorized in accordance with the law and reduced in writing and signed by them. CWVYS Wl iFR] VillagVillage901 WueElkGr OUTSignedName:on__--" Title: Mayor Date: 1� 7 t{nifer W Mah illaae Clerk , the parties hereto have executed this Agreement as set forth below: 1281 Jarvis LLC, or an entity to be named 1601 Tonne Rd. Elk Grove Village,I Signed: Name- awula TitE �l�T" Date: (�� Elk Grove Village Class 6B Property Tax Terms and Agreement Terms & Conditions Attachment A The WORK must be completed in accordance with the application packet submitted. Any alteration of the proposed work requires Village approval. Please note all improvements must conform to the Village codes and ordinances. At the time of plan review and permitting, the Village reserves the right to alter the applicant's plan to ensure conformity. The 6b will not be granted until all improvements are completed to the satisfaction of the Village. The APPLICANT shall perform the WORK upon the SUBJECT PROPERTY as outlined below and shown in the 6b Application Packet... l _ The parking lot apron is cracked, settled and in need of replacement. Portions of the curb and gutter and adjacent sidewalk will need be to removed and replaced in accordance with Elk Grove Village standards. 2. The loading dock pavement is cracked and failing and in need of replacement. It shall be replaced in accordance with Elk Grove Village Loading dock standards. 3. The asphalt parking tot needs several different types of maintenance based on when the lot was installed. Along the north side and rear of the building the parking lot is failing, rutting, raveling and full of potholes and is in need of reconstruction. The rear third of the parking lot installed in 2021 shall be seal coated and striped. Existing detention is provided and shall be maintained. A surface detention sign shall be installed, see detail here_ https://mwrd.crg/sites/ default!files/documents/27_Signage_For_Parking_Lot Detention.pdf 5. The rear lawn area shall be restored with topsoil seed and blanket. 6. The landscaped area along the western property line shall be cleared of all invasive species, stone, debris and restored to grass with 4" of topsoil and seed and blanket or sod. 7. The rear ditch shall be cleared of all debris, invasive species, trees, weeds, shrubs, and restored with IDOT Type 4/4A seed and blanket. 8. The bollards for the rear drive-in door shall be painted or replaced. 9. The landscaping is dated and in need of replacement. 10. The sidewalk from the loading dock to the adjacent property shall be removed to the property line. 11, The monument sign shall be updated to match the proposed updated facade. 12. The overhead door is in need of replacement. AFFIDAVIT I, Brent Anderson, if called to testify would attest to the following facts: 1. That I am the VP of Operations of Hanover Displays, Inc. that owns the property located at 1601 Tonne Rd. in Elk Grove Village, Illinois (PINS: 08-34-101-030-0000) ("Subject Property'). 2. That the prior occupant of the Subject Property was Hanover Displays, Inc. 3. That as of January 12, 2026, Hanover Displays, Inc. completely vacated the Subject Property. 4. That since January 12, 2026, the Subject Property has been 100% vacant and unused. Further Affiant Sayeth Not Brent Anderson Date: May 5, 2026 Subscribed and sworn before me This S day of _ R 11 , 2026 (J SEAL KAWULA of Illinois Signature of Not PUb11C g Notary *Notaryate 79a470 ion Expires =A2 . .029 Legal Description, Site and Building 5 uare Footage The total land area of the subject parcel located at 1601 Tonne Rd. in Elk Grove Village, Illinois (PIN: 08-34-101-030-0000) is approximately 74,662 square feet, and the total building area of the existing structure located thereon is approximately 24,700 square feet. Below please find the legal description of the subject property: LOT 254 IN CENTEX INDUSTRIAL PARK UNIT 140 A SUBDIVISION IN THE NORTH 1/2 OF SECTION 34, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN ACCORDING TO THE PLAT THEREOF RECORDED AUGUST 6, 1970 AS DOCUMENT 21230870 IN COOK COUNTY, ILLINOIS. Property Highlights • Minutes away to O'Hare International Airport • Close proximity to 1-290 and 1-90 • Ample parking • 5,000 SF warehouse mezzanine not included in SF • ESD Flooring • LED lighting throughout building • Excellent building condition • Air lines throughout building • Entire building air conditioned Building Specs AVAILABLE-. 24,700 SF' OFFICE: 6A00 SF (Two Flears) ------ _ rI��FL {!M DOCKS; 2Interior -- ❑IC] I (I4' z I2') CAR PARKING. 63 CLEAR HEIGHT; 20, POWER: 1600a 2401480v 3 phase SPRINKLER: Wet SALE PRICE: Subject to offer �e M STATEMENT 416.06 I Fl I I I -H= _LL co EXISTING BUILDING z .-V 20,822 SQ Fr =mr, 413.48 o - DESIGN CPJ'RRIA 0 ci > -0 0 > PROJECT DESCRIPTION C:) DRAWINGS LIST SITE PLAN A101 r.emn � •-vr�n rtln.IK o-cuuntu orwl� n,.. s.H..r K • r+el wrcamnn�.w�/Ks r1u o- w'xmw wbe r w r.µ un-Yu n ea.�.enr ewr[I. uea+vul • reu Qy yA_o---Y�%�y_/�_ 411.01 - - - - - - - - - - " - - - - - - - - - - - - 1 - - - - - - 6+y - 40➢gp Mq 0" Rea - a ,o Z �.,,•. EXISTING BUILDING .. +/. 20,822 SQ R - - - - - - - - - - - - - - - - - - - - - - - - - . - - - ' - - - - - 413.48 �m r E o t` z o a C O O IANOSCl PE PLAN Al02 .......... 'E E Ali 2 ELEVATIONS 7104 �m <8 - tl 09 Mw� E N 0 z o m W a CG c> c > 0 w E^ � W 30 MEWES IN COLOR Al05 �m <s - -=8m 'sa M■I E m rn O F O z o � a a � o � c o > — W 30 VIEWES IN COLOR A106 � MW MINES- Zmz xa1!z. VILLAGE OF ELK GROVE VILLAGE neF as„ p.7uuccm nesetuz mw—pTifa VILLAGE OF ELK GROVE VILLAGE ecsxlonee 1601 Tonne Rd., Elk Grove Village, Illinois (PIN: 08-34-101-030-0000� Tax Year Taxes 2024 $50,203.30 2023 $31,939.33 2022 $30,730.78 2021 $31,646.37 2020 $30,485.15 ® Cook County Property Tax Pon x i Ask Gemini i — O X j E -4 C e cookcountypropertyinfo.com/pinresultsaspx * C8 4 19 Apps no -.-. Microsoft Office Ho .. ® Cook CountyViewer ® Cook CountyPropo— ® Welcome to 2020_ ® Home Page I Cook. qc Business Entity Sear » ` 1 08-34-101-030-0000 PROPERTYADDRESS ELK GROVE VILLAGE 60007 Township: ELK GROVE MAILING ADDRESS HANOVER DISPLAYS INC 1601 TONNE RD 0 and ctlhc� inforTw:ie- of, ELK G RV VLG, IL 60007 COONEWER Update Name or Mailing Address TAX BILLED AMOUNTS & TAX H I STO RY 2025: $27,611.79' 2024: $50,203.30 Paid In Full 2023: $31,939.33 Paid in Full 2022: $30,730.78 Payment History 2021: $31,646.37 Payment History 2020: $30,485.15 Payment History PROPERTY CHARACTERISTICS Assessed Value: (2023 Assessor Certified) Assessment Information: 135,525 Estimated Property Value: $1,355,250 Assessed Value History Lot Size (SgFt): 74,662 Building (SgFt): Property Class: 6-63 Property Class Description Tax Rate : 8.766 Tax Rate History Tax Code: 16035 Taxing Districts' Financial Statements Tax Rate Information EXEMPTIONS APPEALS 2025: Not Available 2025: Not Available 2024: 0 Exemptions Received 2024: Not Available 2023: 0 Exemptions Received 2023: Not Available 2022: 0 Exemptions Received 2022: Not Available 2021: 0 Exemptions Received 2021: Not Available 2020: 0 Exemptions Received 2020: Appeal Filed 1601 Tonne Rd.. Elk Grove Village. Illinois {PIN: 08-34-101-030-00001 Year (Estimated Market Value Estimated Tax Rate Estimated (Multiplier Estimated Tax Without The Class fib Incentive Estimated Taxesl Square Foot Without The Class 6b Incentive Estimated Tax With The Class i8b Incentive Estimated Taxes/Taxes Square Foot With The Class 6b Incentive Estimated With 100% Vacancy Relief Estimated Taxes/Square Foot With 100% 'Vacancy Relief Estimated Building Square Feet 2026 1$3,675,000 8.7660/ 3.0355 $244,472 $9.90 $97,789 $396 $04,1501 $3.41 24,700 .2027 $3,675,000 8.766% 3.0355 $244,472 $9.90 $97,789 $396 $04,150 $3.41 24,700 2028' $4,410,000 8-766% 3.0355 $293,366 $11.88 $117,347 $4 75 5100,980 $4,09 24,700 ;2029 1$4.410.000 8.766% 3.0355 $293,366 $11.88 $117,347 $4 75 $100,980 $4.09 24,700 2030 $4,410,000 6.766% 3.0355 $293,366 $11.68 $117,347 $4.75 $100,980 $4.09 24,700 ;2031 $5,292.000 8-766% 3.0355 $352,040 $14.25 $140,616 $5,70 $121,176 $4.91 24,700 :2032 $5,292,000 8.766°/n 3.0355 $352,040 $14.25 $140,816 $5.70 5121,176 $4.91 24.700 2033 $5,292,000 8.766% 30355 $352,040 $14.25 $140,816 $5,70 $121,176 54-91 24,700 2034' $6.350,400 8.766% 30355 $422,44B $17.10 $168.979 $6.84 $145.411 $5.89 24,700 2035 $6,350,400 8 7660/ 3.0355 $422,448 $17.10 $160,979 $6.84 5174,493 $7 06 24,700 2036 $6,350,400 8766% 3.0355 $422,448 $17.10 $253,469 $1026 $174,493 $7.06 24,700 15 % Assessment in year 11 2037' $7,620,480 8766% 3.0355 $506.937 $20.52 $405,550 $16.42 $209,392 $8.48 24,700 20% Assessment in year 12 Totals $4,199,442 $1,967,041 $1,538,558 I Deamtes Reassessment Year. Aswm0tmns: 1. 2024 tax rate and 2024 multiplier. 2. Market value based on the $3,500,000 purchase price along with approximately 5175,000 of improvements and increasing 20% per reassessment year. 3, Taxes based on 100% vacancy are based on the initial 2025 Cook County Assessor's Office assessed valuation with 90% of the building assessed value removed, and increasing 20 % per reassessment year. COOK COUNTY DISCLOSURE OF OWNERSHIP INTEREST STATEMENT The Cook County Code of Ordinances (§2-610 of seq.) requires that any Applicant for any County Action must disclose information concerning ownership interests in the Applicant. This Disclosure of Ownership Interest Statement must be completed with all information current as of the date this Statement is signed. Furthermore, this Statement must be kept current, by filing an amended Statement, until such time as the County Board or County Agency shall take action on the application. The information contained in this Statement will be maintained in a database and made available for public viewing, County reserves the right to request additional Information to verify veracity of Information containted in this statement. If you are asked to list names, but there are no applicable names to list, you must state NONE. An incomplete Statement will be returned and any action regarding this contract will be delayed. A failure to fully comply with the ordinance may result in the action taken by the County Board or County Agency being voided. 'Appllcant' means any Entity or person making an application to the County for any County Action. CounlyAlcd"on'means any action by.? CountyAgency, a County Department, or the Count)/ Board n galling an arc+insres or ordinance amendment, a County Board approval, or other County agency approval, with respect to oontracts, leases, or sale or purchase of real estate. 'Person" 'EntiV or 'Legal Entity' means a sole proprietorship, corporation, partnership, association, business trust, estate, two or more persons having a joint or common interest, trustee of a land trust, other commercial or legal entity or any beneficiary or beneficiaries thereof. This Disclosure of Ownership Interest Statement must be submitted by 1. An Applicant for County Action and 2_ A Person that holds stock or a beneficial interest In the Applicant and is listed on the Applica ifs Statement (a "Holder") must file a Statement and complete #1 only under Ownership Interest Declaration. Please print or type responses clearly and legibfy. Add additional pages if needed, being careful to Identify each portion of the form to which each additional page refers. This Statement is being made by the ( X ] Applicant or ( ] Stock(Beneficial Interest Holder This Statement Is an: [ X ] Original Statement or [ ] Amended Statement Identifying Information: Name 1281 Jarvis LLC DID!A: FEIN # Only: 83-2597241 Street Address:_ 12$1-Jarvis Ave City: I✓Ik Grave Village State: IL Zip Code: 60007 Phone No.: 630-863-5038 Fax Number. Email: q ren A.luxahaus.com Cook County Business Registration Number: (Sale Proprietor, Joint Venture Partnership) Corporate File Number (f applicable): Form of Legal Entity: [ ] Sole Proprietor [ ] Partnership [ ] Corporation [ ] Trustee of Land Trust [ ] Business Trust [ ] Estate [ ] Association [ ] Joint Venture [ X ] Other (describe) LLC DISCLOSURE OF OWNERSHIP INTEREST- 1 Ownership Interest Declaration: Name List the name(s), address, and percent ownership of each Person having a legal or beneficial interest (including ownership) of more than five percent (5%) in the Applicant/Holder. Address Percentage Interest in Applicant/Holder Grzegorz Kawula 234 Forest Ave, Itasca, IL 100% 2. If the interest of any Person listed in (1) above is held as an agent or agents, or a nominee or nominees, list the name and address of the principal on whose behalf the interest is held. Name of Agent/Nominee Name of Principal Principal's Address 1 Is the Applicant constructively controlled by another person or Legal Entity? [ ] Yes [ X ] No Name If yes, state the name, address and percentage of beneficial interest of such person, and the relationship under which such control is being or may be exercised. Address Percentage of Relationship Beneficial Interest Corporate Officers, Members and Partners Information: For all corporations, list the names, addresses, and terms for all corporate officers. For all limited liability companies, list the names, addresses for all members. For all partnerships and joint ventures, list the names, addresses, for each partner or joint venture. Name Addnsss Titie (specify title of Office, or whether manager or partner/]oint venture) Grzeoorz Kawula 234 Forest Ave, Itasca. IL Manager Term of Office Declaration (check the applicable box): [ X ] I state under oath that the Applicant has withheld no disclosure as to ownership interest in the Applicant nor reserved any information, data or plan as to the intended use or purpose for which the Applicant seeks County Board or other County Agency action. [ X ] I state under oath that the Holder has withheld no disclosure as to ownership interest nor reserved any information required to be disclosed. DISCLOSURE OF OWNERSHIP INTEREST- 2 REAL ESTATE OWNERSHIP DISCLOSURES. The Applicant must indicate by checking the appropriate provision below and providing all required information that either. a) The following is a complete fist of all real estate owned by the Applicant in Cook County: PERMANENT INDEX NUMBER(S): OR: (ATTACH SHEET IF NECESSARY TO LIST ADDITIONAL INDEX NUMBERS) b) X The Applicant owns no real estate in Cook County. 2. EXCEPTIONS TO CERTIFICATIONS OR DISCLOSURES. If the Applicant is unable to certify to any of the Certifications or any other statements contained in this EDS and not explained elsewhere in this EDS, the Applicant must explain below: If the letters, "NA", the word `None" or'No Response' appears above, or if the space is left blank, it will be conclusively presumed that the Applicant certified to all Certlficoadons and other statements contained in this ED$. DISCLOSURE OF OWNERSHIP INTEREST - 3 COOK COUNTY DISCLOSURE OF OWNERSHIP INTEREST STATEMENT SIGNATURE PAGE GrZe3orz Kawula Member Name of AuthodmdApplEkt/Holder-'Representative (please print or type) Title 5ignatur� Date gregdaluxahaus.com E-mail address Subscribed to and sworn before me this _*- day of 21g. X �� f Notary Public Signature 630-863-5038 Phone Number M i. Y I L MCNIKA B KAWULA No.ary Pub➢ c. state of Illinois i Gommi55,on No 790470 Nty Commission Expires No DISCLOSURE OF OWNERSHIP INTEREST - 4 MG BPOS CONSTRUCTION, INC. Job Address: Date: Client s info: -Greg Kawula 1601 Tonne road Elk Grove 6/11/2026 1601 Tonne Road Elk Grove Village IL Village 60007 US THIS ESTIMATE IS VALID FOR 30 DAYS ONLY FROM ABOVE REFERENCED DATE ,aw �i General Conditions Excavation & Concrete Demo Siding Painting Exterior Landscape Allowance Permit Sub Total Total Scope of Work Fence Rental - Amount 8 5,600.00 $ 194,053.00 $ 31,350.00 $ 68,695.00 $ 11,950.00 $ 69,855.00 $ 0.00 $ 381,503.00 $ 381,503.00 ***Allowance*** Please note that the owner has to confirm the allowance amounts to cover their selection. The owner and not the contractor is responsible for the amount of allowance, unless the finishes have been specified and the Contractor is able to come up with the exact amount for the fixtures. If the allowance has to be raised, the owner should ask the General Contractor to reflect it on the quote or the statement. ***Tariffs*** Please note that the tariffs we have all been hearing about have started affecting product pricing. The owner and not the contractor is responsible for a price increase off all the materials due to implementation of the tariffs after the date of this estimate. Any price increase will be reflected on a change order. Concrete Service Demo Service Siding Service Painting Exterior Service Landscape Service The cost of installing a construction fence may change after the final site marking on the plans and the determination of the fence type to be used Seal coating asphalt parking as per prin Per village standarts Re -striping of the parking lots as per print Per village standarts Furnish and Reattach all of the CONC parking stops Reconstructing asphalt parking- Restore to original height and pitch per village standarts New asphalt parking after demolition of the old one as per print Height and pitch per village standarts Loading dock replacement per village standarts Provide new apron/curb per village detail A 107 Demolition of asphalt parking as per blueprint Remove existing monument sign Remove existing sidewalk up to property lane Installing new HPL panels/ siding as per print Material included Install new ACM panels as per print Material included Installing new LUXAHOUSE logo on the front of the building Repainting Bollards to safety yellow Repaint existing overhead door black - Front and back Painting of all exterior door black Painting of all windows black As per print Providing new top soil seed and blanket as per print Plant schedule for planting A -Shrub- Forsythia 8ft-5pcs B-Shrub- Fraser photina 7ft-1 pc Scope OWWk Permit C-Ornamental grasses- Fountain grass 3.5ft-9pcs D-Ornamental grasses- Prairie Dropseed aft- 9pcs E-Ornamental Shrub- Acacia 3.5ft- 9pcs F-Deciduous Plants- Lilac 7ft- 2pcs G-Decidious Shade 3inch min tree 15ft- 2pcs H-Ornamental grasses- Switchgrass- 7pcs Provide 20 Perennials flowers 4 types/colors arround each of 2 new tree trunks in the front yard - Total-40pcs all new landscaping up front MG Bros Construction Inc. will apply for the permits, and the owner will pay for all the associated fees (permits, bonds, registrations, etc.)once they are calculated by the City/Village. a Itasca Bank & Trust Co. 1072 a MG Bros Construction INC 306 as Irving Park Rd Itasca IL 60143 9 1295 Jarvis Ave q30-773-0350 .'� Elk Grove Village, IL 60007 70-2217,711 �'5 �i 630-559-7069 2-G a� PAY TO THE r $ a' ORDER a [ a yA �'illC:v � DOLLARS a a a � / a MEMO AUTHORIZED SIGNATURE a a� 111100L072P 1:071922L7Si: III LLIG2230Lu' a. fix:"-S�SL4yL6 lm�•CiFJmsC3xl0..�06��"'��{Y�"A-���RLiY XYYA7?'7Ci•76k.1�"07"-WY.� — - w � ._ m'SC'Si �. � lxi';?.•PK�O >RY'�'�"y�•: �'.'- .-. .-. •2. a1-1p5'h�'�!m 'S'� DJ I , N Ci ( �o-+,` —c �J F� c ro CD s r r cc �• 1.01-1 CL' T CJ o c fL• C U r, < _ ^' CD G J3 T 0 m J — Ci �„CD � m o J rr T m { d k- I La f { O O C O+ O _ r � CC O ? .�-•r � 44 rtiy Q >ti r` f. J •�. h >.} AFFIDAVIT I, Grzegorz Kawula, if called to testify would attest to the following facts: 1. That I am a Manager of 1281 Jarvis LLC, the entity that is applying for a Class 6b Incentive and plans to purchase the property located at 1601 Tonne Rd. in Elk Grove Village, Illinois (PINs: 08-34-101-030-0000) ("Subject Property"). 2. Prime Commercial Properties LLC shall pay, or cause a contractor, subcontractor or lessee to pay, the prevailing rate of wages in compliance with Section 74-71 and comply with subsections (b)(5) and (b)(6) of the same.. Further Affiant Sayeth Not j e wula Date: 6 14 2-6 Subscribed and sworn before me This day of ,''1.1,6(A , 2026 �u Signature of Notary Public OFF SEAL MONIKA B KAWULA Notary Public, State of Illinois My Commission � pires August 26, 2 029