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10648-10660 S Western Ave 2,700 - 4,150 SF of Retail Space Available in Chicago, IL 60643
HIGHLIGHTS
- Traffic Signalized
- Excellent visibility
- 25+ parking stalls and street parking
- Hard-Corner
- Across the street from Buona Beef
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,700-4,150 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $103,750 /YR $8,646 /MO | Triple Net (NNN) |
1st Floor
1450-4100 SF of contiguous retail/office space available for lease in the heart of Chicago's Beverly Hills vibrant and diverse retail corridor on the hard-corner of 107th and Western. Currently one larger medical suite that can be easily divided to accommodate a variety of users including but not limited to medical, retail, therapy, fitness, or professional services. Current build consists of 2700 SF of modern medical suite improved with 7 offices (5 with sinks), a nurses station, locker room, 4 restrooms, and large waiting and reception areas, professionally constructed in 2000, and a 1450 SF quick service restaurant with 2 WICs, 2 ADA restrooms, hood, grease trap, and existing plumbing including triple basin sinks. Units boast large windows offering excellent exposure on busy Western Avenue. 25+ on-site parking stalls, plus street parking and 2 full access curb cuts make easy accessibility from the Western Ave. and 107th Street traffic signalized intersection. Positioned within a dominant retail corridor with high barrier to entry, excellent visibility, and strong demographics.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Space is in Excellent Condition
- 4150 SF Divisible to 1450 SF (1450 SF QSR)
- 6 ADA restrooms
- 2700 Medical Buildout
- 7 Private offices - 3 with sinks
- Nurses station with sink
- Reception area
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.
SELECT TENANTS AT 10648-10660 S WESTERN AVE, CHICAGO, IL 60643
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Apex
- Health Care and Social Assistance
- -
- -
- OneMain Financial
- Finance Company
- 2,294
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Apex | Health Care and Social Assistance | - | - |
| OneMain Financial | Finance Company | 2,294 | International |
PROPERTY FACTS
| Total Space Available | 4,150 SF | Gross Leasable Area | 7,210 SF |
| Min. Divisible | 2,700 SF | Year Built | 1960 |
| Property Type | Retail | Parking Ratio | 3.47/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,150 SF |
| Min. Divisible | 2,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,210 SF |
| Year Built | 1960 |
| Parking Ratio | 3.47/1,000 SF |
ABOUT THE PROPERTY
1450-4150 SF of contiguous retail/office space available for lease in the heart of Chicago's Beverly Hills vibrant and diverse retail corridor on the hard-corner of 107th and Western. Currently one larger medical suite that can be easily divided to accommodate a variety of users including but not limited to medical, retail, therapy, fitness, or professional services. Current build consists of 2700 SF of modern medical suite improved with 7 offices (5 with sinks), a nurses station, locker room, 4 restrooms, and large waiting and reception areas, professionally constructed in 2000, and a 1450 SF quick service restaurant with 2 WICs, 2 ADA restrooms, hood, grease trap, and existing plumbing including triple basin sinks. Units boast large windows offering excellent exposure on busy Western Avenue. 25+ on-site parking stalls, plus street parking and 2 full access curb cuts make easy accessibility from the Western Ave. and 107th Street traffic signalized intersection. Positioned within a dominant retail corridor with high barrier to entry, excellent visibility, and strong demographics.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
