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Prime Wicker Park Retail/Office 1232-1240 N Milwaukee Ave 1,254 SF of Office/Retail Space Available in Chicago, IL 60622
Highlights
- High visibility location
- Easily accessible to public transportation
- Situated in dense retail corridor
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1240 | 1,254 SF | Negotiable | $39.84 CAD/SF/YR $3.32 CAD/SF/MO $49,957 CAD/YR $4,163 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1240
- 1,254 Sq Ft retail / office space in the heart of Wicker Park
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 11 People
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 Prime Wicker Park Retail/Office
- Gorilla Sushi
- H&R Block
Property Facts
| Total Space Available | 1,254 SF | Gross Leasable Area | 4,275 SF |
| Property Type | Retail | Year Built/Renovated | 1931/2017 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,254 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,275 SF |
| Year Built/Renovated | 1931/2017 |
About the Property
- Shopping, dining, boutiques and vintage stores are scattered throughout the Wicker Park neighborhood, including Daebak Korean BBQ, Rudy's Ramen, Jewel-Osco, Luxo Nail Spa, Great Clips, and Chopin Theatre - High amount of foot traffic with a Walk Score of 99 and a traffic count of over 9,500 vehicles per day - Conveniently located minutes to downtown, just 0.3 miles from I-90/I-94 expressway Division exit - Excellent public transportation options include: the Blue Line train Division stop is a three-minute walk, #9 Ashland / #56 Milwaukee / X9 Ashland Express buses are all less than 0.1 miles away, and the Union-Pacific Northwest Line Clybourn station is 0.9 miles from the property
- Bus Line
- Metro/Subway
- Signage
- Air Conditioning
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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Prime Wicker Park Retail/Office | 1232-1240 N Milwaukee Ave
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