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1524 N ASHLAND - WICKER PARK - NORTH/ASHLAND 1522-1524 N Ashland Ave 950 - 3,107 SF of Space Available in Chicago, IL 60622
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,207 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $50,546 CAD/YR $4,212 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 950-1,900 SF | Negotiable | $44.67 CAD/SF/YR $3.72 CAD/SF/MO $84,872 CAD/YR $7,073 CAD/MO | Triple Net (NNN) |
1st Floor
Live/work - unique opportunity to secure 1207 SF of retail w/ parking PLUS additional +1207 SF of basement storage (lots of curb exposure). Possibility to secure residential space above upon tenant turnover in the upcoming years. Easy access to I-90/94, public transit, and the 606 trail! Plenty of Wicker Park foot traffic from nearby residents and restaurants, 20K VPD, with even more commercial activity anticipated due to the new hotel being built across the street. Lot is zoned B3-2 makes it an ideal space for any business, whether it be retail, restaurant/cafe, office, medical, or more! Building just renovated - brand new electrical wiring, furnace, HVAC, copper plumbing, and more. Retail space is turnkey ready in white box condition, with built-out ADA bathroom. Owner is willing to help offset tenant's TI costs w/ rent credits. Available for immediate occupancy, so schedule a showing today.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Hardwood Floors
- Ventilation - Venting
- Smoke Detector
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Includes 1,900 SF of dedicated office 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 1524 N ASHLAND - WICKER PARK - NORTH/ASHLAND
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dog Day Care
- Health Care and Social Assistance
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dog Day Care | Health Care and Social Assistance | - | - |
PROPERTY FACTS
| Total Space Available | 3,107 SF | Gross Leasable Area | 6,720 SF |
| Min. Divisible | 950 SF | Year Built/Renovated | 1926/2020 |
| Property Type | Retail | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | W Le Moyne St. |
| Total Space Available | 3,107 SF |
| Min. Divisible | 950 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,720 SF |
| Year Built/Renovated | 1926/2020 |
| Parking Ratio | 0.6/1,000 SF |
| Cross Streets | W Le Moyne St. |
ABOUT THE PROPERTY
Live/work - unique opportunity to secure 1207 SF of retail w/ parking PLUS additional +1207 SF of basement storage (lots of curb exposure). Possibility to secure residential space above upon tenant turnover in the upcoming years. Easy access to I-90/94, public transit, and the 606 trail! Plenty of Wicker Park foot traffic from nearby residents and restaurants, 20K VPD, with even more commercial activity anticipated due to the new hotel being built across the street. Lot is zoned B3-2 makes it an ideal space for any business, whether it be retail, restaurant/cafe, office, medical, or more! Building just renovated - brand new electrical wiring, furnace, HVAC, copper plumbing, and more. Retail space is turnkey ready in white box condition, with built-out ADA bathroom. Owner is willing to help offset tenant's TI costs w/ rent credits. Available for immediate occupancy, so schedule a showing today.
- 24 Hour Access
- Freeway Visibility
- Raised Floor
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
ALLURE Real Estate
1524 N ASHLAND - WICKER PARK - NORTH/ASHLAND | 1522-1524 N Ashland Ave
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