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1640 W Fullerton Ave 2,637 - 5,274 SF of Retail Space Available in Chicago, IL 60614
HIGHLIGHTS
- Parking Lot
- Corner Property
- Drive Thru
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,637 SF | 11’9” | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $65,925 /YR $5,494 /MO | Triple Net (NNN) | |
| 2nd Floor | 2,637 SF | 9’ | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $65,925 /YR $5,494 /MO | Triple Net (NNN) |
1st Floor
- INCREDIBLE LEASING INCENTIVE: Get 50% OFF your first year's rent with a minimum 5-year lease commitment. - TENANT IMPROVEMENT (TI) Allowance Available to help you customize the space to your exact needs. - Size: 5,274 SF total – 2,637 SF on the ground floor and 2,637 SF on the second floor. - Structure: Freestanding two-story masonry building constructed in 2004. - Frontage & Depth: 175 feet of frontage on Fullerton and 171 feet on Clybourn. - Parking: 11 on-site surface parking spaces (2.09/1,000 SF ratio). Two curb-cuts. - Drive-Thru: Existing drive-thru infrastructure with curb cuts on both Fullerton and Clybourn. - Visibility: Highly visible corner with signage opportunity at a high-traffic intersection (24,000+ VPD on Fullerton). - Transit Access: Less than one mile to both the Fullerton CTA Station (Red/Brown/Purple) and Clybourn Metra Station. - Transit Oriented Development (TOD): Yes - Availability: Entire building must be leased to a single user – no demising. - Zoning: M1-2 - Enterprise Zone: Property can be rezoned for residential. Property is within Enterprise Zone 4. - HB2621 Affordable Tax Incentive: Qualifies for Tier 3 - Alderman: Scott Waguespack (32nd Ward) - Neighborhood: Lincoln Park
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,274 SF of adjacent space
- Central Air and Heating
- Partitioned Offices
- Fully Carpeted
- Corner Space
- High Ceilings
- Finished Ceilings: 11’9”
- Drive Thru
- Wheelchair Accessible
- 11 on-site surface parking spaces
2nd Floor
- Size: 5,274 SF total – 2,637 SF on the ground floor and 2,637 SF on the second floor. - Structure: Freestanding two-story masonry building constructed in 2004. - Frontage & Depth: 175 feet of frontage on Fullerton and 171 feet on Clybourn. - Parking: 11 on-site surface parking spaces (2.09/1,000 SF ratio). Two curb-cuts. - Drive-Thru: Existing drive-thru infrastructure with curb cuts on both Fullerton and Clybourn. - Visibility: Highly visible corner with signage opportunity at a high-traffic intersection (24,000+ VPD on Fullerton). - Transit Access: Less than one mile to both the Fullerton CTA Station (Red/Brown/Purple) and Clybourn Metra Station. - Transit Oriented Development (TOD): Yes - Availability: Entire building must be leased to a single user – no demising. - Zoning: M1-2 - Enterprise Zone: Property can be rezoned for residential. Property is within Enterprise Zone 4. - HB2621 Affordable Tax Incentive: Qualifies for Tier 3 - Alderman: Scott Waguespack (32nd Ward) - Neighborhood: Lincoln Park
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,274 SF of adjacent space
- Finished Ceilings: 9’
- 11 on-site surface parking spaces
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 5,274 SF | Gross Leasable Area | 5,274 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Bank | Parking Ratio | 2.09/1,000 SF |
| Total Space Available | 5,274 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 5,274 SF |
| Year Built | 2004 |
| Parking Ratio | 2.09/1,000 SF |
ABOUT THE PROPERTY
- Size: 5,274 SF total – 2,637 SF on the ground floor and 2,637 SF on the second floor. - Seller Financing available - TI Available - Structure: Freestanding two-story masonry building constructed in 2004. - Frontage & Depth: 175 feet of frontage on Fullerton and 171 feet on Clybourn. - Parking: 11 on-site surface parking spaces (2.09/1,000 SF ratio). Two curb-cuts. - Drive-Thru: Existing drive-thru infrastructure with curb cuts on both Fullerton and Clybourn. - Visibility: Highly visible corner with signage opportunity at a high-traffic intersection (24,000+ VPD on Fullerton). - Transit Access: Less than one mile to both the Fullerton CTA Station (Red/Brown/Purple) and Clybourn Metra Station. - Transit Oriented Development (TOD): Yes - Availability: Entire building must be leased to a single user – no demising. - Zoning: M1-2 - Enterprise Zone: Property can be rezoned for residential. Property is within Enterprise Zone 4. - HB2621 Affordable Tax Incentive: Qualifies for Tier 3 - Alderman: Scott Waguespack (32nd Ward) - Neighborhood: Lincoln Park
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
