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1022 Leland Ave 788 SF of Retail Space Available in Chicago, IL 60640
HIGHLIGHTS
- Delivered in white box condition by the start of the lease
- Surrounded by dense residential housing with a strong built-in customer base. Excellent visibility and easy access for walk-in traffic and deliveries
- Near major landmarks including The Riviera Theatre, Byline Bank Aragon Ballroom, and Truman College
- Located in a high-traffic residential and mixed-use area
- Consistent daily pedestrian activity from local residents and commuters
- Suitable for a wide range of permitted uses (retail, office, services, studios, wellness, food & beverage, and more)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 788 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $18,912 /YR $1,576 /MO | Modified Gross |
1st Floor
Please note: the photos shown reflect the current condition of the space prior to renovation. The unit will be delivered in white box condition by the start of the lease agreement. 1022 W Leland Ave is located in a highly active, residential and mixed-use area with strong daily foot traffic. The building is surrounded by dense residential housing, creating a consistent flow of local customers throughout the day and evening. The location benefits from: A large concentration of nearby residents, providing a built-in customer base Regular pedestrian activity from neighbors, dog walkers, families, and commuters Easy access for both walk-in traffic and local deliveries Based on zoning, our commercial space is suitable for a wide range of uses, including retail, professional offices, personal services, studios, galleries, medical and wellness services, food and beverage concepts, and many other permitted business types. Don’t miss the opportunity to establish your business in such a dynamic and well-connected neighborhood.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Wi-Fi Connectivity
- After Hours HVAC Available
- Hardwood Floors
- Will be delivered in white box condition
- Located in a high-traffic area
- Excellent visibility
- Suitable for a wide range of permitted uses
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
| Total Space Available | 788 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built/Renovated | 1921/2022 |
| Total Space Available | 788 SF |
| Property Type | Retail |
| Gross Leasable Area | 15,000 SF |
| Year Built/Renovated | 1921/2022 |
ABOUT THE PROPERTY
The property is just steps from major neighborhood destinations such as The Riviera Theatre, Byline Bank Aragon Ballroom, and Truman College. These nearby landmarks generate steady activity and draw visitors to the area year-round, further increasing visibility and customer traffic. This is an ideal location for businesses that rely on visibility, repeat local clients, and everyday convenience, making it especially attractive for retail, service-based businesses, studios, wellness concepts, and food-related uses.
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
1022 Leland Ave