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Hyde Park Shopping Center 1546-1554 E 55th St
27,077 SF of Retail Space Available in Chicago, IL 60615
Highlights
- Major investments recently made to the Courtyard providing for great outdoor amenity area
- Join new Trader Joe’s and other very successful national tenants Potbelly, Walgreen’s, Office Depot and many others
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 27,077 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1546-1554 E 55th St - 1st Floor
• The Hyde Park Shopping Center is truly irreplaceable real estate located at the hard NWC of 55th & Lake Park Avenue. Its one of the highest performing shopping centers anywhere in Chicago. • Join new Trader Joe’s and other very successful national tenants Potbelly, Walgreen’s, Office Depot and many others • Major investments recently made to the Courtyard providing for great outdoor amenity area
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
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.
SELECT TENANTS AT Hyde Park Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Ace Hardware
- Hardware
- 5,164
- International
- Office Depot
- Office Supply
- 1,150
- International
- Trader Joe's
- Supermarket
- 707
- National
- United Credit Union
- Finance Company
- 3
- Local
- United States Postal Service
- Business/Copy/Postal Services
- 35,205
- National
- Walgreens
- Drug Store
- 10,370
- International
| Tenant | Description | US Locations | Reach |
| Ace Hardware | Hardware | 5,164 | International |
| Office Depot | Office Supply | 1,150 | International |
| Trader Joe's | Supermarket | 707 | National |
| United Credit Union | Finance Company | 3 | Local |
| United States Postal Service | Business/Copy/Postal Services | 35,205 | National |
| Walgreens | Drug Store | 10,370 | International |
PROPERTY FACTS FOR 1546-1554 E 55th St , Chicago, IL 60615
| Center Type | Neighborhood Center | Frontage | |
| Parking | 282 Spaces | Gross Leasable Area | 146,061 SF |
| Stores | 15 | Total Land Area | 7.00 AC |
| Center Properties | 1 | Year Built | 1993 |
| Center Type | Neighborhood Center |
| Parking | 282 Spaces |
| Stores | 15 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 146,061 SF |
| Total Land Area | 7.00 AC |
| Year Built | 1993 |
About the Property
The Hyde Park Shopping Center is truly irreplaceable real estate located at the hard NWC of 55th & Lake Park Avenue. Its one of the highest performing shopping centers anywhere in Chicago
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Hyde Park Shopping Center | 1546-1554 E 55th St
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