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7830-7842 S Western Ave
1,230 - 3,750 SF of Retail Space Available in Chicago, IL 60620
Highlights
- Densely Populated Area
- Major Business District
- Plenty of Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 1,230-3,750 SF | 10’ | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $67,500 /YR $5,625 /MO | Triple Net (NNN) |
7828-7842 S Western Ave - 1st Floor
Spaces are rectangular in shape. 1,230 to 4,650sf of continuous space available.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- High Ceilings
- Finished Ceilings: 10’
- Highly Visible Location
- Plenty Parking
- 1230-4650sf of Continuous Space
- Pylon Signage
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 7830-7842 S Western Ave , Chicago, IL 60620
Min. Divisible | 1,230 SF | Frontage | 175’ on Western |
Center Type | Strip Center | Gross Leasable Area | 9,500 SF |
Parking | 16 Spaces | Total Land Area | 0.49 AC |
Stores | 7 | Year Built | 2004 |
Center Properties | 1 |
Min. Divisible | 1,230 SF |
Center Type | Strip Center |
Parking | 16 Spaces |
Stores | 7 |
Center Properties | 1 |
Frontage | 175’ on Western |
Gross Leasable Area | 9,500 SF |
Total Land Area | 0.49 AC |
Year Built | 2004 |
About the Property
The site is across the street from the 79th & Western Avenue CTA Bus Terminal and offers plenty of parking. The area is densely populated and there is a tremendous amount of foot and vehicle traffic. CVS, McDonalds, Sharks, Subway, Dunkin Donuts, Dollar Tree and many other retail and service businesses are in immediate area. This is a Great Location in a thriving business district in Chicago’s Ashburn Community.
- Restaurant
- Signage
Nearby Major Retailers
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7830-7842 S Western Ave
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