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1124 W Thorndale Ave
800 - 1,700 SF of Retail Space Available in Chicago, IL 60660
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1124 | 800-1,700 SF | Negotiable | $31.00 /SF/YR $2.58 /SF/MO $52,700 /YR $4,392 /MO | Net |
1st Floor, Ste 1124
We are pleased to offer 1124 W Thorndale Ave in Chicago, IL FOR LEASE. The space is currently a restaurant which has a black Iron hood and a baking hood. 1,700 SqFt Storefront Opportunity in the Edgewater Glen /Loyola Neighborhood. Bustling Thorndale corridor has plenty of foot traffic with Red line Thorndale Entrance literally next door great exposure. Plenty of metered street parking and a metered parking lot across the street. This is a Storefront space in a single story retail center, so no tenant concerns above and Roof is brand new they replaced it 2 months ago. Great exposure on Thorndale in a vibrant community. Lots of new residential apartment developments in addition to Major retail chains next door, which are Whole Foods, Chase Bank, LA Fitness, Aldi and Wing Stop. Loyola University Student Concentration all around, campus 3 blocks away. Demographic highlights within 1 mile radius include: Population - 67,923 and average household income $98,344. Space includes 2 bathrooms and 2 HVAC units.
- Lease rate does not include certain property expenses
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Ventilation - Venting
- 20 FEET FROM DOOR TO CTA REDLINE TRAIN THORNDALE
- RESTAURANT WITH BLACK IRON HOOD AND BAKING HOOD
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1124 W Thorndale Ave , Chicago, IL 60660
| Total Space Available | 1,700 SF | Property Subtype | Storefront |
| Min. Divisible | 800 SF | Gross Leasable Area | 5,500 SF |
| Property Type | Retail | Year Built | 1913 |
| Total Space Available | 1,700 SF |
| Min. Divisible | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,500 SF |
| Year Built | 1913 |
About the Property
We are pleased to offer 1124 W Thorndale Ave in Chicago, IL FOR LEASE. The space is currently a restaurant, which has a black Iron hood and a baking hood. 1,700 SqFt Storefront Opportunity in the Edgewater Glen /Loyola Neighborhood. Bustling Thorndale corridor has plenty of foot traffic with Red line Thorndale Entrance literally next door great exposure. Plenty of metered street parking and a metered parking lot across the street. This is a Storefront space in a single story retail center, so no tenant concerns above and Roof is brand new they replaced it 2 months ago. Great exposure on Thorndale in a vibrant community. Lots of new residential apartment developments in addition to Major retail chains next door, which are Whole Foods, Chase Bank, LA Fitness, Aldi and Wing Stop. Loyola University Student Concentration all around, campus 3 blocks away. Demographic highlights within 1 mile radius include: Population - 67,923 and average household income $98,344. Space includes 2 bathrooms and 2 HVAC units.
Nearby Major Retailers
Presented by
Rayan Realty & Management, Inc.
1124 W Thorndale Ave
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