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4457 S Cottage Grove Ave 1,200 SF of Retail Space Available in Chicago, IL 60653
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 | 1,200 SF | 10’ | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $72,000 /YR $6,000 /MO | Triple Net (NNN) |
1st Floor
Proposed retrofit or build to suit opportunity for a ±1,200 square foot freestanding building situated on an approximately 8,300 square foot corner parcel. The site offers exceptional visibility with prominent frontage along two intersecting streets, providing strong signage potential and excellent exposure to both vehicular and pedestrian traffic. Its strategic corner positioning enhances accessibility, with the potential for convenient ingress and egress. The property is located immediately adjacent to a Family Dollar store, benefiting from consistent daily traffic and established consumer draw. Positioned in the heart of Chicago’s Kenwood neighborhood, the site is surrounded by a dense mix of well-maintained residential communities and a growing base of upscale commercial establishments. The area’s demographic profile and steady foot traffic make it well-suited for a variety of retail, service, or quick-service restaurant users. This offering presents an ideal opportunity for a tenant seeking a highly visible, efficiently sized footprint in a vibrant and evolving urban corridor, with the flexibility to tailor improvements to specific operational needs.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
- Finished Ceilings: 10’
- +/- 1, 200 Free Standing Bldg
- Highly Visiable Corner Location
- Densely Populated Area
- Desireable Kenwood Location
- Adapatable Floor Plan Available
- Ideal for Retail, Restaurant or Office Use
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 | 1,200 SF | Gross Leasable Area | 1,200 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Restaurant | Parking Ratio | 3/1,000 SF |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,200 SF |
| Year Built | 1971 |
| Parking Ratio | 3/1,000 SF |
About the Property
Proposed build-to-suit opportunity for a ±1,200 square foot freestanding building situated on an approximately 8,300 square foot corner parcel. The site offers exceptional visibility with prominent frontage along two intersecting streets, providing strong signage potential and excellent exposure to both vehicular and pedestrian traffic. Its strategic corner positioning enhances accessibility, with the potential for convenient ingress and egress. The property is located immediately adjacent to a Family Dollar store, benefiting from consistent daily traffic and established consumer draw. Positioned in the heart of Chicago’s Kenwood neighborhood, the site is surrounded by a dense mix of well-maintained residential communities and a growing base of upscale commercial establishments. The area’s demographic profile and steady foot traffic make it well-suited for a variety of retail, service, or quick-service restaurant users. This offering presents an ideal opportunity for a tenant seeking a highly visible, efficiently sized footprint in a vibrant and evolving urban corridor, with the flexibility to tailor improvements to specific operational needs.
- Pylon Sign
- Signage
Nearby Major Retailers
Contact the Leasing Agent
4457 S Cottage Grove Ave