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2882 N Milwaukee Ave
2,200 SF of Retail Space Available in Chicago, IL 60618
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,200 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $44,000 /YR $3,667 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Plug & Play
- Basement
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 2882 N Milwaukee Ave , Chicago, IL 60618
Property Type | Retail | Year Built/Renovated | 1910/2021 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 0.42/1,000 SF |
Gross Leasable Area | 4,800 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 4,800 SF |
Year Built/Renovated | 1910/2021 |
Parking Ratio | 0.42/1,000 SF |
About the Property
Welcome to a prime opportunity in one of the world's top 20 coolest neighborhoods - Avondale. Nestled at 2882 N. Milwaukee Avenue, this expansive 2,200 sq ft retail space offers more than just a location; it promises a vibrant community and endless possibilities. Key Features: Size: Spread across 2,200 sq ft, ideal for retail operations, creative studios, or specialized boutiques. Location: Situated on bustling Milwaukee Avenue just North of Logan Sq., ensuring high visibility and foot traffic. Additional Space: Includes an attached garage and lower level, offering ample storage and operational flexibility. Accessibility: Convenient access to public transportation and major thoroughfares enhances customer reach and employee commute. Neighborhood Highlights: Avondale, known for its artistic flair and eclectic charm, beckons with a blend of historic charm and modern vibrancy. With a rich tapestry of local eateries, trendy shops, and cultural venues, this neighborhood attracts a diverse demographic eager to explore new experiences. Ideal Tenants: This space is perfect for entrepreneurs seeking to establish a presence in a thriving community, artisans looking to showcase their craft, or retail innovators aiming to tap into Avondale's dynamic consumer base. Why Avondale? Ranked among the top 20 coolest neighborhoods globally, Avondale's popularity continues to soar, attracting attention from residents and businesses alike. Its strategic location within Chicago ensures proximity to key demographics and easy accessibility for visitors from across the city. Seize the Opportunity: Don't miss your chance to become part of Avondale's / Logan Square's burgeoning landscape. Whether you envision a flagship store, a creative studio, or a curated retail experience, 2882 N. Milwaukee Avenue offers the canvas on which to realize your retail dreams. Schedule a viewing today and discover why Avondale is where your business belongs. Lease terms and additional details are available upon request. Contact us today to schedule a private viewing or for more information.
- Bus Line
- Restaurant
- Air Conditioning
Nearby Major Retailers
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2882 N Milwaukee Ave
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