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Montrose & Damen 1970 W Montrose Ave
1,730 SF of Retail Space Available in Chicago, IL 60613
Highlights
- Well Positioned Neighborhood Retail Space
- Favorable Zoning For Commercial Use
- Strong Day and Evening Demographics
- Fully Rehabbed Store
- Great Area Co-Tenancy
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1968 W Montrose Ave | 1,730 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1968 W Montrose Ave
Small shop retail space with significant expansion potential. The subject space formerly operated as a specialty package goods store with an emphasis on rare bourbons and scotches. Package goods licenses are likely available for this location as the space was previously licensed by the City of Chicago for package good sales.
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 1970 W Montrose Ave , Chicago, IL 60613
| Property Type | Retail | Gross Leasable Area | 10,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1950/2009 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,000 SF |
| Year Built/Renovated | 1950/2009 |
About the Property
This charming retail space in the heart of Ravenswood offers the perfect blend of character and functionality. Featuring exposed brick walls, beautiful hardwood floors, and an abundance of natural light, the space creates a warm and inviting atmosphere that is perfect for a variety of businesses. Located in one of Chicago’s most desirable neighborhoods, the area boasts excellent demographics, with a thriving mix of residents and visitors who enjoy the neighborhood’s unique blend of residential tranquility and local commerce. Positioned just steps from public transportation, this space provides unparalleled convenience for customers and employees alike. The area is known for its exceptional co-tenancy, with a wide range of boutique shops, cafes, and services that attract foot traffic throughout the day. Whether you’re looking to open a new retail venture or expand your business, this space offers an ideal setting in a dynamic and growing community. Ravenswood is a vibrant and sought-after neighborhood in Chicago, known for its charming tree-lined streets, historic architecture, and strong sense of community. Situated just north of Lincoln Square and easy access to downtown, this area blends residential tranquility with a growing commercial presence. The neighborhood offers a unique mix of trendy boutiques, cozy cafes, and artisanal shops, making it an ideal location for businesses looking to attract both locals and visitors. With a diverse and engaged population, Ravenswood is a dynamic spot for retail spaces, combining the best of urban living with neighborhood appeal.
- Bus Line
- Signalized Intersection
Nearby Major Retailers
Presented by
Montrose & Damen | 1970 W Montrose Ave
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