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Ravenswood Center 1754-1768 W Devon Ave 1,350 SF of Office/Retail Space Available in Chicago, IL 60660
HIGHLIGHTS
- ±1,350 SF Retail or Office Unit
- Close proximity to major transportation routes
- On-site Parking | High visibility
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,350 SF | Negotiable | $22.22 /SF/YR $1.85 /SF/MO $29,997 /YR $2,500 /MO | Modified Gross |
1754-1768 W Devon Ave - 1st Floor
SVN Chicago Commercial is pleased to present Ravenswood Center, which offers a recently renovated retail or office suite. With ample signage opportunities and a high-visibility location on Devon Avenue, your brand will reach a diverse and bustling consumer base. Transportation is a breeze with proximity to major routes, ensuring convenient access for both customers and employees. Join the current tenants, including Cherry Cleaners, Northshore Academy Daycare, Affordable American Insurance, and more. Asking $2,500.00 per month (MG)
- Listed rate may not include certain utilities, building services and property expenses
- Fits 4 - 11 People
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
ABOUT THE PROPERTY
Discover the vibrant community surrounding this retail strip center on West Devon Avenue in Chicago. This bustling area offers an array of dining options, from casual eateries to upscale restaurants. Nearby attractions include the scenic Warren Park, Robert Black Golf Club, S&C Electric Company, and the "Little India" neighborhood of Chicago, which offers an exciting mix of uniquely cultural shops and restaurants. Additionally, the location is in close proximity to the new Metra station at Peterson and Ridge, the Loyola red line "el" stop, and multiple CTA bus lines.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
