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1527 Chicago Ave 4,500 SF of Retail Space Available in Evanston, IL 60201
HIGHLIGHTS
- BEST CORNER LOCATION- AT CHICAGO AVE AND DAVIS ST.
- FULLY BUILT OUT AS A RESTAURANT RETAIL SPACE.
- A FEW BLOCKS AWAY FROM NORTHWESTERN UNIVERSITY.
- SPACE IS IN EXCELLENT CONDITION.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 4,500 SF | Negotiable | $55.84 CAD/SF/YR $4.65 CAD/SF/MO $251,266 CAD/YR $20,939 CAD/MO | Net |
1st Floor, Ste 100
FULLY EQUIPPED RESTAURANT College Town just a few blocks from Northwestern University. Best traffic corner in town. Excellent demographics. Ready to go.
- Lease rate does not include certain property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Freezer Space
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Basement
- DDA Compliant
- Ventilation - Venting
- Smoke Detector
- Wheelchair Accessible
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 | 4,500 SF | Gross Leasable Area | 9,482 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,482 SF |
| Year Built | 1910 |
ABOUT THE PROPERTY
FORMER GIORDANOS PIZZA LOCATION IN DOWNTOWN EVANSTON. FULLY BUILT-OUT AS A RESTAURANT RETAIL SPACE. SPACE IS IN EXCELLENT CONDITION.
NEARBY MAJOR RETAILERS
Presented by
Mavrakis Properties
1527 Chicago Ave
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