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1021 W Armitage Ave 1,900 SF of Retail Space Available in Chicago, IL 60614
Highlights
- Exceptional opportunity to lease a second-generation restaurant space in Lincoln Park’s premier retail corridor.
- Gated outdoor dining area and one on-site parking space for added convenience.
- High-traffic location with strong demographics and excellent visibility along Armitage Avenue.
- Fully built-out restaurant with existing hood system, grease trap, walk-in refrigerator, and basement prep/storage area.
- Surrounded by top national and boutique retailers, including Starbucks, Bonobos, Allbirds, and Kiehl’s.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rare second generation restaurant space for lease on one of Chicago’s most iconic retail corridors. The 1,900 SF space on Armitage Avenue offers a premier leasing opportunity in the heart of Lincoln Park. The space features a fully built-out kitchen and dining area, complemented by a dedicated basement kitchen that supports efficient prep and back-of-house operations. The space also features a gated outdoor dining area and one (1) on-site parking space offering added convenience for staff and deliveries. The building also provides an opportunity to join an exceptional mix of national and boutique retailers including: Walgreens, Goddard School, Starbucks, La Colombe, Allbirds, Bonobos, Abercrombie & Fitch, Faherty, Kiehl's, Mugsy, Levain Bakery, Armitage Ale House, and Summer House Santa Monica, among others.
- Fully Built-Out as a Restaurant or Café 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.
Property Facts
| Total Space Available | 1,900 SF | Gross Leasable Area | 3,351 SF |
| Property Type | Retail | Year Built | 1883 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.49/1,000 SF |
| Total Space Available | 1,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,351 SF |
| Year Built | 1883 |
| Parking Ratio | 1.49/1,000 SF |
About the Property
This rare second-generation restaurant space offers a premier leasing opportunity in the heart of Chicago’s Lincoln Park neighborhood, one of the city’s most vibrant and iconic retail corridors. Located on Armitage Avenue, the property provides exceptional visibility and access to a strong mix of national and boutique retailers, including Starbucks, Walgreens, La Colombe, Bonobos, Allbirds, and Kiehl’s. The space is fully built out for restaurant use, featuring a complete kitchen and dining area supported by a dedicated basement prep and storage area. Key features include an existing hood system, grease trap, walk-in refrigerator, and efficient back-of-house layout designed for streamlined operations. The property also offers a gated outdoor dining area and one on-site parking space, providing added convenience for staff and customers. Situated in a high-traffic corridor with approximately 7,750 vehicles per day, the location benefits from strong demographics, with over 540,000 residents within a one-mile radius and an average household income exceeding $144,000. This prime Lincoln Park address combines excellent visibility, strong co-tenancy, and a turnkey restaurant setup, making it an ideal choice for operators seeking a ready-to-go space in one of Chicago’s most desirable neighborhoods.
- Bus Line
- Corner Lot
- Metro/Subway
Nearby Major Retailers
Contacts
-
Matt Tarshis -
Zack Pearlstein -
Andrew Slovis -
Andrew Rubin -
Frontline Real Estate Partners
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1021 W Armitage Ave
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