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1540-1542 N Western Ave 1,200 SF of Office/Retail Space Available in Chicago, IL 60622
Highlights
- Two contiguous parcels totaling approximately 5,450 sq ft with 50 feet of Western Avenue frontage.
- Excellent access to public transportation, including CTA buses and the Damen Blue Line station.
- High-visibility site with over 29,100 vehicles per day along Western Avenue.
- Within 2.5 blocks of The 606/Bloomingdale Trail and steps from dining, retail, and nightlife.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $68.65 CAD/SF/YR $5.72 CAD/SF/MO $82,385 CAD/YR $6,865 CAD/MO | Modified Gross |
1st Floor
Auto Body shop with up to 500SF of office space featuring 2 private offices available for lease. There is also an abundance of parking available for this lot making great for any office or retail possibility. Lot is also available for sale.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
- 2 Private Offices
- Central Air Conditioning
- Space is an outparcel at this property
- Property located in high traffic location.
- Site has access to great parking availability.
- Suite has a flexible layout, making it ideal.
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 | 1,200 SF | Gross Leasable Area | 1,200 SF |
| Property Type | Retail | Year Built | 1938 |
| Property Subtype | Auto Repair |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 1,200 SF |
| Year Built | 1938 |
About the Property
Rent $5000 per month, Owner pays Real Estate Taxes. 1540-1542 N Western Avenue offers a prime opportunity for a 1200 SF office/retail/shop building on a 5500 SF lot in one of Chicago’s most dynamic neighborhoods. Located just south of North Avenue in the West Wicker Park/Bucktown area, this property consists of two contiguous parcels with a combined lot size of approximately 5,450 square feet. The site provides 50 feet of frontage along Western Avenue, a major north-south corridor with an average daily traffic count exceeding 29,000 vehicles. The property is situated within the Western Avenue Transportation Corridor Zone, offering favorable zoning for office, retail or shop. Its location places it just 2.5 blocks from The 606/Bloomingdale Trail and steps from North Avenue’s vibrant dining, retail, and nightlife options. Public transportation access is excellent, with the CTA #49 Western bus route, #72 North Avenue bus, and the Damen Blue Line station within walking distance. This site represents a rare opportunity for tenants to capitalize on strong demand in a high-visibility, transit-oriented location within one of Chicago’s most desirable neighborhoods.
- Car Charging Station
Nearby Major Retailers
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1542Western
1540-1542 N Western Ave
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