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1800 W Chicago Ave
1,239 SF of Retail Space Available in Chicago, IL 60622
Highlights
- Professional management
- A great mix of local, regional, and national retailers
- Corner location
- B3 zoning
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Corner | 1,239 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $55,755 /YR $4,646 /MO | Triple Net (NNN) |
1st Floor, Ste Corner
Great East Village retail leasing opportunity for those looking to establish a high visibility presence in this booming neighborhood.
- Lease rate does not include utilities, property expenses or building services
- Professional management
- Corner location
- Mix of local, regional, and national retailers
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 1800 W Chicago Ave , Chicago, IL 60622
| Property Type | Retail | Gross Leasable Area | 7,139 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1940 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,139 SF |
| Year Built | 1940 |
About the Property
1800 W Chicago Avenue is situated at the northwest corner of Chicago Avenue and Wood Street, anchoring the vibrant East Village neighborhood in Chicago. This area has experienced a remarkable change over the past decade, evolving into a dynamic hub that attracts a diverse array of local, regional, and national retailers. The neighborhood's allure lies in the density and affluence of its residents, reflecting the contemporary lifestyle choices of those who call it home. Within a half-mile radius of the property, a thriving community of nearly 20,000 residents contributes to the area's lively atmosphere, with an impressive average household income of $138,000. This demographic richness creates a prime market for businesses and enhances the overall economic vitality of the neighborhood.
Nearby Major Retailers
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1800 W Chicago Ave
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