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2414 N Lincoln Ave 1,223 - 5,549 SF of Retail Space Available in Chicago, IL 60614
Highlights
- Multiple Space Configurations | Basement Space Available
- Less Than Two Blocks From the CTA's Fullerton Redline Station
- Affluent, Educated and Dense Surrounding Area
- Directly Across From DePaul University
- Adjacent to Chicago's Iconic Lincoln Hall
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,223-5,549 SF | Negotiable | $65.00 /SF/YR $5.42 /SF/MO $360,685 /YR $30,057 /MO | Double Net |
1st Floor
Prominent single-story, hard-corner retail building with unparalleled visibility in the heart of Lincoln Park. This ground-floor space offers multiple configurations, ranging from 1,223 square feet to 5,549 square feet. A full basement with high ceilings is accessible by stairs and an elevator and can be subdivided into individual direct-access storage spaces. The property is zoned B1, allowing a variety of uses, including incidental liquor sales. The space is highly adaptable for uses such as restaurant, medical, fitness, and daycare.
- Lease rate does not include certain property expenses
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 | 5,549 SF | Property Subtype | Drug Store |
| Min. Divisible | 1,223 SF | Gross Leasable Area | 6,950 SF |
| Property Type | Retail | Year Built | 1933 |
| Total Space Available | 5,549 SF |
| Min. Divisible | 1,223 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 6,950 SF |
| Year Built | 1933 |
About the Property
Situated at the northwest corner of Lincoln Avenue and Fullerton Avenue, this prime retail property occupies a high-visibility location in Chicago's affluent Lincoln Park neighborhood. The site benefits from built-in co-tenancy synergy, sharing the immediate corridor with high-traffic anchors like Equinox Lincoln Common, the historic Lincoln Hall entertainment venue, and a constant stream of fast-casual diners at Chipotle. Culinary hot spots like Cafe Yaya and Mercadito Lincoln Park keep the block highly active day and night. The site also benefits from an exceptional built-in customer base, driven by its immediate proximity to DePaul University’s main campus, which brings over 20,000 students, faculty, and staff directly to the area. Foot and vehicular traffic are further amplified by superior transit access, located just blocks from the CTA Fullerton Red, Brown, and Purple Line station, alongside heavy-volume local bus routes. Surrounding the property is a dense, high-income demographic profile with strong purchasing power, offering an unparalleled opportunity for retailers to thrive in a premier, established trade area.
Nearby Major Retailers
