Chestnut Homes, Inc. is pleased to announce its commercial division which will develop and construct office and light commercial projects in the Chicagoland metropolitan area and acquire, entitle and sell land in the Chicago suburbs.

Commercial Property

With 1144 feet of frontage on Illinois 173 just west of Green Bay Road, this 10 acre parcel is divided into two sites by Blackhawk Trail and fronts the exclusive Chestnut Trails residential community.

The first, consisting of 8.5 acres, is ideal for almost any type of retail development. The second parcel, consisting of 1.5 acres, would accommodate a single user building, office building, or a small strip center. The entire property is zoned and ready for commercial development. The Village of Wadsworth, who is anxious for commercial development and is willing to assist and work with a developer on these sites.

Office Condominium-- APPROX. 2100 SQUARE FEET REMAIN

Its current office development is Fair Oaks Offices with 30,000 square feet of office condominiums in three (3) buildings in Burr Ridge, Illinois.  This convenient location at 7045 Veterans Blvd. is just north and west of the intersection of I-55 (Stevenson Expressway) and County Line Road and near the new Burr Ridge Town Center currently under construction at the southeast quadrant of I-55 and County Line Road.  Offices of 2236 to 7411 square feet are available immediately for purchase.  Over 85% of the space has been sold and the first occupancy took place at the end of March, 2007. This office complex affords suitable space for medical associations, and small to medium size businesses who require an upscale small business feel.

All buildings are one story and of traditional architecture.  The interiors can be designed to suit individual needs and tastes.  The offices are in DuPage County and offer low taxes.  All common areas are maintained by an owners association and parking exceeds the requirements.  This area is seeing tremendous retail and office growth and is the place to be in the near west suburbs with its excellent access to I-55, I-294 and I-355.  For more information on the Fair Oaks Offices, contact John Barcelona at 630-230-0800, extension 18.