Your email has been sent.
215 W North Ave 3,100 SF of Retail Space Available in Chicago, IL 60610
Highlights
- Heavy traffic area day and night. Both cars and foot traffic
- includes large patio with potential for year round outside dining. Indoor dining room has door opening up on to Patio
- Tin ceilings in the bar and skylights let in a ton of natural light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,100 SF | 12’ | 5 Years | $3.60 /SF/YR $0.30 /SF/MO $11,160 /YR $930.00 /MO | Triple Net (NNN) |
1st Floor
Turnkey Restaurant Opportunity in high traffic retail district in Chicago's historic Old Town Located in the heart of Chicago's vibrant Old Town neighborhood, steps from Piper's Alley.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Finished Ceilings: 12’
- DDA Compliant
- Hardwood Floors
- Smoke Detector
- Wheelchair Accessible
- High traffic 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.
Property Facts
| Total Space Available | 3,100 SF | Gross Leasable Area | 3,100 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Restaurant | Parking Ratio | 2.55/1,000 SF |
| Total Space Available | 3,100 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,100 SF |
| Year Built | 1928 |
| Parking Ratio | 2.55/1,000 SF |
About the Property
Turnkey Restaurant Opportunity in high traffic retail district in Chicago's historic Old Town Located in the heart of Chicago's vibrant Old Town neighborhood, steps from Piper's Alley. This 3,100 sq. ft. space offers exceptional visibility and heavy foot traffic daily. The space features expansive patio seating, perfect for outdoor dining, and unique architectural details including a classic tin ceiling, hardwood floors, and stunning skylights that flood the interior with natural light. The property includes a full kitchen and is ready for immediate operation-ideal for restaurateurs seeking a turnkey opportunity in one of Chicago's most bustling commercial districts. With its prime location o? St., generous layout, and distinctive character, this venue is perfectly suited for a thriving dining concept.
- Restaurant
- Security System
- Signage
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contact the Leasing Agent
215 W North Ave