Your email has been sent.
High-End Commercial Condominium For Lease 1419 W Belmont Ave 900 SF of Retail Space Available in Chicago, IL 60657
HIGHLIGHTS
- High-visibility location
- Many public transportation options
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 900 SF | Negotiable | $65.15 CAD/SF/YR $5.43 CAD/SF/MO $58,633 CAD/YR $4,886 CAD/MO | Modified Gross |
1st Floor
900 SF fully built-out commercial condominium for lease with one glass conference room, one large office, open work area, kitchenette, one ADA bathroom, and storage. High-end buildout with one garage spot. High-visibility location with a Walk Score of 97 and traffic count of 17,700 vehicles per day on Belmont Avenue. Conveniently located one block east of Whole Foods and many restaurant options. Public transportation options are nearby, just steps away from the #77 Belmont bus line and 0.2 miles from #9 Ashland, 0.5 miles from #76 Diversey and #152 Addison bus stops, 0.3 miles from the Brown Line and 0.6 miles from the Red Line and Purple Line trains. Includes one indoor garage parking space. Property is zoned B3-2 and ideal for any office or service retail uses – Also available for sale at $265,000
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High-visibility location
- Public transportation options
- One indoor garage parking 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 | 900 SF | Gross Leasable Area | 900 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.11/1,000 SF |
| Total Space Available | 900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 900 SF |
| Year Built | 2007 |
| Parking Ratio | 1.11/1,000 SF |
ABOUT THE PROPERTY
Building is located on the high-visibility Belmont Avenue between the Southport Corridor and the six-way intersection of Lincoln/Belmont/Ashland in Chicago’s Lakeview neighborhood. High-visibility location with a Walk Score of 97 and traffic count of 17,700 vehicles per day on Belmont Avenue. Conveniently located one block east of Whole Foods and many restaurant options. Property is zoned B3-2 and ideal for any office or service retail uses
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
High-End Commercial Condominium For Lease | 1419 W Belmont Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.