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2300 N Milwaukee Ave 1,050 SF of Retail Space Available in Chicago, IL 60647
Highlights
- High Visibility Traffic Light Intersection
- Off Street Parking Lot
- CTA L Station 1 Block South. Space is Visible from Station Platform
- Corner Unit
- CTA Bus Stop steps from Entrance
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,050 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $42,000 /YR $3,500 /MO | Triple Net (NNN) |
1st Floor
1,050 SQUARE FOOT CORNER UNIT AVAILABLE AT THE HIGH VISIBILITY/HIGH TRAFFIC INTERSECTION OF MILWAUKEE AND CALIFORNIA AVENUES IN HIGHLY DESIRABLE LOGAN SQUARE NEIGHBORHOOD. ONE BLOCK TO CTA “L” CALIFORNIA AVENUE TRAIN STATION. CTA BUS STOP STEPS FRONT ENTRANCE TO STORE. FORMER SUBWAY SANDWICH SPACE FOR OVER 23 YEARS! HARD TO FIND OFF STREET PARKING LOT FOR 25 VEHICLES. IDEAL FOR ANY RETAIL OR COMMERCIAL OPERATION. B3-2 ZONING.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Corner Unit at Traffic Light Intersection
- High Visibility High Traffic Light Corner
- 25 Car Off Street Parking Lot
- CTA L Station 1 Block From Intersection
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 | 1,050 SF | Gross Leasable Area | 16,907 SF |
| Property Type | Retail | Year Built | 1902 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,050 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 16,907 SF |
| Year Built | 1902 |
About the Property
HIGH VISIBILITY CORNER UNIT LOCATED AT HIGH TRAFFIC INTERSECTION OF MILWAUKEE AVENUE AND CALIFORNIA AVENUE. SIGNAGE IS AVAILABLE ABOVE THE STORE FRONT AND ON THE BUILDING’S PYLON SIGN LOCATED AT THE MILWAUKEE AVENUE ENTRANCE TO BUILDING’S 25 CAR PARKING LOT. B3-2 ZONING
Nearby Major Retailers
Contact the Leasing Agent
2300 N Milwaukee Ave