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HIGHLIGHTS
- Strategic location in close proximity to established brands: Walgreens and McDonald's
- Exceptional visibility with 14,000 vehicles passing by on Western Ave. and 11,000 vehicles on 119th St. daily
- Diverse mix of neighboring businesses including a daycare, paint studio, aquatic pet shop, fitness studio, and jujitsu studio
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11820 | 1,450 SF | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $34,409 CAD/YR $2,867 CAD/MO | TBD | ||
| 1st Floor, Ste 11821 | 1,450 SF | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $34,409 CAD/YR $2,867 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 11822 | 1,200 SF | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $28,477 CAD/YR $2,373 CAD/MO | Triple Net (NNN) |
11820-11838 S Western Ave - 1st Floor - Ste 11820
- Can be combined with additional space(s) for up to 2,650 SF of adjacent space
11820-11838 S Western Ave - 1st Floor - Ste 11821
- Lease rate does not include utilities, property expenses or building services
11820-11838 S Western Ave - 1st Floor - Ste 11822
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,650 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 11820-11838 S WESTERN AVE, CHICAGO, IL 60643
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hardy's Aquatics and Pets
- Fitness
- 1
- -
- LOKAHI DANZAN RYU
- Cocktail Bar
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hardy's Aquatics and Pets | Fitness | 1 | - |
| LOKAHI DANZAN RYU | Cocktail Bar | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,100 SF | Frontage | 155’ on S Western Ave |
| Max. Contiguous | 2,650 SF | Gross Leasable Area | 15,500 SF |
| Center Type | Strip Center | Total Land Area | 0.41 AC |
| Parking | 13 Spaces | Year Built | 1985 |
| Center Properties | 1 |
| Total Space Available | 4,100 SF |
| Max. Contiguous | 2,650 SF |
| Center Type | Strip Center |
| Parking | 13 Spaces |
| Center Properties | 1 |
| Frontage | 155’ on S Western Ave |
| Gross Leasable Area | 15,500 SF |
| Total Land Area | 0.41 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Introducing a premier commercial space at 11822 S. Western Ave., Chicago, IL, strategically positioned at a bustling intersection. With a daily traffic count of 14,000 vehicles on Western Ave. and an additional 11,000 cars on 119th St., this location offers unparalleled visibility and exposure. The combined daily traffic of 25,000 cars at the intersection underscores the high footfall, presenting an exceptional opportunity for businesses seeking a robust market presence. Nestled amidst renowned brands such as Walgreens and McDonald's and complemented by neighboring businesses, including a daycare, paint studio, aquatic pet shop, fitness studio, and jujitsu studio, these two 1,200 & 1,450 SF spaces are primed for success. The locale offers a diverse and affluent customer base with multiple golf clubs and private schools in the vicinity. Moreover, the convenience of free street parking directly in front of the space enhances accessibility for potential customers.
NEARBY MAJOR RETAILERS
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11820-11838 S Western Ave
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