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1152 N Milwaukee Ave
5,000 SF of Office/Medical Space Available in Chicago, IL 60642
Highlights
- Former medical space with infrastructure in-place along, Milwaukee Avenue, in Wicker Park
- Located at the southwest corner of Milwaukee Avenue and Haddon Avenue, featuring visibility and exposure to ~12,000 VPD
- Existing conditions include six (6) exam rooms, four (4) private offices, and one (1) lab room
- Located just steps from the Division Blue Line "L" Station and just a few blocks west of I-90/I-94
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $240,000 /YR $20,000 /MO | Triple Net (NNN) |
1st Floor
Opportunity to lease a storefront endcap along Milwaukee Avenue, just south of Division Street, in Chicago's Wicker Park neighborhood. The storefront is located at the southwest corner of Milwaukee Avenue and Haddon Avenue, featuring visibility and exposure to ~12,000 VPD and heavy pedestrian traffic. The 5,000 SF space consists of six (6) exam rooms, an open waiting room, an employee break area, four (4) private offices and one (1) lab room. The space is perfect for a variety of users included medical practices, specialized healthcare services, or retail, and features excellent accessibility, located a few blocks west of the Kennedy Expressway (I-90/I-94) and steps from the Division Street Blue Line “L” Station. Neighboring retailers include Jewel-Osco, Lowe’s Home Improvements, Target, CVS/Pharmacy, Foot Locker, Ulta Beauty, Pet Supplies Plus, Starbucks, Potbelly, Popeye’s Chicken, and Wendy’s.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Open Floor Plan Layout
- Fits 13 - 40 People
- 4 Private Offices
- Private Restrooms
- Open-Plan
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 1152 N Milwaukee Ave , Chicago, IL 60642
| Property Type | Retail | Gross Leasable Area | 11,064 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1896 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,064 SF |
| Year Built | 1896 |
Features and Amenities
- Signage
Nearby Major Retailers
Contacts
-
Zack Pearlstein -
Matt Tarshis -
Andrew Rubin -
Andrew Picchietti -
Frontline Real Estate Partners
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1152 N Milwaukee Ave
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