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938 W North Ave 4,542 - 26,412 SF of Retail Space Available in Chicago, IL 60642
HIGHLIGHTS
- Located at a signalized hard corner with over 35,500 daily vehicle impressions
- Surrounded by top national retailers in a high-foot-traffic corridor
- Existing buildout includes kitchen, bar, locker rooms, and studio space
- Steps from the North/Clybourn Red Line station and near I-94
- On-site parking garage enhances customer convenience
- Serves affluent trade areas with household incomes over $220K
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,784 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 15,086 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor | 4,542 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Full space (up to 26,412 SF): kitchen, bar, locker rooms, studio space, available February 2026
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 26,412 SF of adjacent space
2nd Floor
Full space (up to 26,412 SF): kitchen, bar, locker rooms, studio space, available February 2026
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 26,412 SF of adjacent space
3rd Floor
Full space (up to 26,412 SF): kitchen, bar, locker rooms, studio space, available February 2026
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 26,412 SF of adjacent space
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 938 W NORTH AVE, CHICAGO, IL 60642
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Lululemon
- Unisex Apparel
- 605
- International
- Sephora
- Health & Beauty Aids
- 1,285
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Lululemon | Unisex Apparel | 605 | International |
| Sephora | Health & Beauty Aids | 1,285 | International |
PROPERTY FACTS
| Total Space Available | 26,412 SF | Gross Leasable Area | 32,000 SF |
| Property Type | Retail | Year Built/Renovated | 1998/2018 |
| Property Subtype | Storefront | Parking Ratio | 3.13/1,000 SF |
| Total Space Available | 26,412 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 32,000 SF |
| Year Built/Renovated | 1998/2018 |
| Parking Ratio | 3.13/1,000 SF |
ABOUT THE PROPERTY
Positioned at the high-profile intersection of North Avenue and Sheffield Avenue, this flagship retail space offers unmatched visibility in the heart of Chicago’s premier North and Clybourn retail corridor. The property features 26,412 square feet of divisible space with an on-site parking garage—an exceptional rarity in this dense urban setting. Currently home to Lululemon, the site benefits from a built-in customer base and a robust infrastructure that includes a kitchen, bar area, locker rooms, and studio space on the second floor. The location is steps from the North/Clybourn Red Line station and less than half a mile from Interstate 94, ensuring seamless access for both pedestrians and drivers. With exposure to over 35,500 vehicles per day and surrounded by top-tier retailers such as Apple, Crate & Barrel, West Elm, REI, and Whole Foods, this site offers a powerful branding opportunity in one of Chicago’s most affluent and active shopping districts. The property draws from the high-income neighborhoods of Lincoln Park, Old Town, Wicker Park, and the Near North Side, with average household incomes exceeding $220,000 within a half-mile radius. Whether for a national brand seeking a flagship presence or a regional retailer looking to elevate its profile, 938 W. North Avenue delivers the infrastructure, location, and visibility to support long-term succe
- Corner Lot
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
CONTACTS
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Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
