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Corner Retail Space For Lease on Halsted 1600-1610 S Halsted St
1,200 SF of Retail Space Available in Chicago, IL 60608
Highlights
- High-visibility location
- Easily accessible to public transportation
- Black iron available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 1600 | 1,200 SF | Negotiable | $32.50 /SF/YR $2.71 /SF/MO $39,000 /YR $3,250 /MO | Modified Gross |
Ground, Ste 1600
- 1,200 Sq Ft corner retail space available for lease on South Halsted Street in the Pilsen neighborhood - Large storefront windows - Black iron available - Former bridal salon - High-visibility location with 13,400 vehicles per day and a walk score of 90 - Easily accessible to public transportation, located steps from CTA #8 Halsted & 16th Street, #16 16th/18th Street and #62 Archer Avenue, and 0.5 miles to #21 Cermak bus routes, steps from Burlington Northern line train, and 0.9 miles from the Cermak-Chinatown Red Line station and Halsted Orange Line station Available Now
- Listed rate may not include certain utilities, building services and property expenses
- Central Air and Heating
- Corner Space
- High-visibility location
- Corner retail space
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 1600-1610 S Halsted St , Chicago, IL 60608
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Storefront | Parking Ratio | 0.51/1,000 SF |
| Gross Leasable Area | 39,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 39,000 SF |
| Year Built | 2006 |
| Parking Ratio | 0.51/1,000 SF |
About the Property
- 1,200 Sq Ft corner retail space available for lease on South Halsted Street in the Pilsen neighborhood - Black iron available - Former bridal salon - High-visibility location with 13,400 vehicles per day and a walk score of 90 - Easily accessible to public transportation, located steps from CTA #8 Halsted & 16th Street, #16 16th/18th Street and #62 Archer Avenue, 0.5 miles to #21 Cermak bus routes, steps from Burlington Northern line train, and 0.9 miles from the Cermak-Chinatown Red Line station and Halsted Orange Line station - Available June 1, 2024
- Signage
- Signalized Intersection
- Accent Lighting
Nearby Major Retailers
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Corner Retail Space For Lease on Halsted | 1600-1610 S Halsted St
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