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2133 W Division St 3,000 SF of Retail Space Available in Chicago, IL 60622
Highlights
- Flexible 3,000-square-foot, open layout with 14-foot ceilings, supporting retail, restaurant, medical facilities, and more.
- Modern amenities include central air conditioning and heating, private restrooms, emergency lighting, and shower facilities.
- Affluent local demographics within 2 miles feature 189,000 residents and $2.9 billion in annual consumer spending.
- Prime Division Street location ensuring robust visibility to over 15,000 daily vehicles and strong daily foot traffic.
- Prominent glass frontage and robust signage opportunities maximize brand presence in a vibrant commercial corridor.
- Strategic setting among dining, shopping, and nightlife options drives exceptional cross-traffic for sustained growth.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | $37.00 /SF/YR $3.08 /SF/MO $111,000 /YR $9,250 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Storefront | Parking Ratio | 1/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1994 |
| Parking Ratio | 1/1,000 SF |
About the Property
Discover all the possibilities with the highly adaptable commercial suite available at 2133 W Division Street in Chicago, Illinois. Offering 3,000 square feet with an open layout and 14-foot ceilings, this flexible suite presents the perfect solution for a wide range of restaurants, bars, dispensaries, medical facilities, retail storefronts, groceries, or bakeries seeking to enter or expand in this thriving hub. The single-story building is equipped with desirable features that help it stand out from competitors. It includes an overhead loading door and roof top potential, enhancing its adaptability for different business needs. Amenities for the space include central air conditioning and heating, private restrooms, emergency lighting, and shower facilities. Additionally, it offers three dedicated parking space on site for convenient staff and customer access. The property’s prominent glass storefront includes robust signage opportunities, adding to the space’s visibility on this high-traffic corridor. Division Street is a key east-west route that links dynamic neighborhoods such as West Town, Ukrainian Village, and Humboldt Park. Its walkable, tree-lined streets attract consistent foot traffic, while over 15,000 vehicles pass by daily, creating an ideal environment for retail businesses. The area is filled with dining, shopping, and nightlife options, generating strong cross-traffic for retailers. Additionally, the nearby Saint Mary of Nazareth Hospital and Roberto Clemente Community Academy bring a substantial built-in audience to the area. This lively location ensures a reliable flow of customers, making it especially beneficial for businesses that depend on high traffic. Businesses at 2133 W Division Street will be able to tap into a valuable demographic profile when looking within just 2 miles of the property. The area is home to an affluent population of more than 189,000 who command an average household income of over $135,000. These lucrative potential customers drive annual spending of more than $2.9 billion, creating a high-impact environment for sustainable retail growth. Combining flexible open space, adaptable features, and a prime location on a high-traffic corridor, 2133 W Division Street presents an ideal choice for tenants seeking to enter or expand in this dynamic metro hub. Contact Mehdi Mova with Compass today to schedule a tour and learn more about this incredible opportunity.
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Demographics
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2133 W Division St