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1,098 SF & 2,220 SF Retail/Office/Medical 5427-5433 W Chicago Ave 1,098 - 3,318 SF of Retail Space Available in Chicago, IL 60651
HIGHLIGHTS
- Great visibility, access and on-site 20-car parking
- Prime location in high density, retail corridor on Chicago Avenue in Chicago’s Austin neighborhood.
- Area co-tenants include McDonald's, Dollar General, and Family Dollar.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 5425 | 1,098 SF | - | 5-10 Years | $24.00 /SF/YR $2.00 /SF/MO $26,352 /YR $2,196 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 5431 | 2,220 SF | 11’ | 5-10 Years | $24.00 /SF/YR $2.00 /SF/MO $53,280 /YR $4,440 /MO | Triple Net (NNN) |
1st Floor, Ste 5425
East End Cap 1,098 sf space in newer 5,623 sf center with 20 car parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Great visibility, access and parking
- Built out space with 5 tons HVAC capacity
- ADA-compliant restroom
1st Floor, Ste 5431
2,220 Sf in newer retail center in Chicago's Austin neighborhood. Perfect for a variety of retail and restaurant uses. Excellent visibility, access and parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 11’
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.
SELECT TENANTS AT 1,098 SF & 2,220 SF RETAIL/OFFICE/MEDICAL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Headstones and Monuments
- Retailer
- -
- -
- Midwest Connections T-Shirt Shop
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Headstones and Monuments | Retailer | - | - |
| Midwest Connections T-Shirt Shop | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 3,318 SF | Gross Leasable Area | 5,623 SF |
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Freestanding | Parking Ratio | 3.56/1,000 SF |
| Total Space Available | 3,318 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,623 SF |
| Year Built | 2009 |
| Parking Ratio | 3.56/1,000 SF |
ABOUT THE PROPERTY
Built in 2009, 5425-5433 W Chicago Ave is a multi-tenant, 5,623 sf retail center with 20-car parking along a high density, retail corridor on Chicago Avenue in Chicago’s Austin neighborhood at corner of Lotus Ave. Co-tenants include Headstones and monuments and The T-shirt Store, along with several well known area co-tenants such as McDonalds, Dollar General and Family Dollar. Great traffic flow, visibility, access and on-site parking.
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
1,098 SF & 2,220 SF Retail/Office/Medical | 5427-5433 W Chicago Ave