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17941-17951 S Halsted St 1,300 SF of Retail Space Available in Homewood, IL 60430
Sublease Highlights
- 1,300 SF Second-Generation Restaurant
- Ideal for Dine-In, Carryout, Delivery & Catering Concepts
- Prime Homewood Location at Halsted Street & Ridge Road
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 17949 South Halsted | 1,300 SF | Negotiable | $44.14 CAD/SF/YR $3.68 CAD/SF/MO $57,376 CAD/YR $4,781 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 17949 South Halsted
Rare opportunity to lease a fully built-out, second-generation restaurant at the highly visible signalized intersection of Halsted Street (IL Route 1) and Ridge Road in Homewood, IL. This move-in-ready restaurant space offers an incoming operator the opportunity to significantly reduce build-out costs and accelerate opening compared with starting from a traditional raw retail space. The efficient 1,300 SF layout features a customer dining area with high ceilings, ordering/service counter, spacious commercial kitchen, dedicated food preparation areas, dry storage, walk-in cooler and freezer, ADA restroom and functional back-of-house workspace. Existing restaurant infrastructure includes a large Type I commercial exhaust hood, fire suppression system, stainless-steel prep areas, three-compartment sink, hand sink, gas service, HVAC, fire alarm system, grease-management infrastructure and numerous permanent restaurant fixtures. Excellent location for dine-in, carryout, delivery, catering, meal-prep or ghost-kitchen operations. The space can accommodate a wide range of restaurant and food-service concepts, including breakfast/brunch, barbecue, seafood, Mexican/tacos, pizza, Mediterranean, Caribbean, soul food, Asian concepts, bakeries, cafés, sandwich shops, dessert concepts and expanding franchise operators. Located within an established neighborhood shopping center along the busy Halsted Street retail corridor, the property benefits from strong visibility, convenient access, ample parking and exposure to more than 66,000 combined vehicles per day. The surrounding Homewood trade area includes established residential neighborhoods, national retailers, local businesses and convenient access to Metra commuter rail service. Available immediately. Lease assignment subject to landlord approval.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Private Restrooms
- High Ceilings
- Smoke Detector
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 17941-17951 S Halsted St, Homewood, IL 60430
- Tenant
- Description
- US Locations
- Reach
- Bank of America
- Bank
- 6,213
- International
- Cellular4U Cell Phone Repair & Accessories
- Services
- 1
- -
- Juanchos Tacos Restaurant
- Restaurant
- 2
- Local
- Seafood Basket
- Restaurant
- 1
- -
- Shell Mart
- Gasoline Station
- 16,052
- International
- Uncle Johns Bar B Que
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Bank of America | Bank | 6,213 | International |
| Cellular4U Cell Phone Repair & Accessories | Services | 1 | - |
| Juanchos Tacos Restaurant | Restaurant | 2 | Local |
| Seafood Basket | Restaurant | 1 | - |
| Shell Mart | Gasoline Station | 16,052 | International |
| Uncle Johns Bar B Que | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,300 SF | Total Land Area | 0.87 AC |
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Freestanding | Parking Ratio | 3.89/1,000 SF |
| Gross Leasable Area | 9,018 SF |
| Total Space Available | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,018 SF |
| Total Land Area | 0.87 AC |
| Year Built | 2009 |
| Parking Ratio | 3.89/1,000 SF |
About the Property
Position your restaurant concept at one of Homewood’s most visible commercial intersections. Located at 17949 S Halsted Street in Homewood, Illinois, this neighborhood shopping center sits at the signalized intersection of Halsted Street (IL Route 1) and Ridge Road, along one of the South Suburbs’ established retail and dining corridors. The property offers excellent street visibility, convenient ingress and egress, surface parking, and exposure to more than 66,000 combined vehicles per day. Surrounded by established residential neighborhoods, national retailers, local businesses and everyday consumer destinations, the location provides strong accessibility for customers throughout Homewood and the surrounding South Suburban Chicago market. Currently available is a 1,300-square-foot second-generation restaurant space featuring substantial existing commercial kitchen infrastructure. The opportunity is ideal for restaurant operators seeking a move-in-ready or near-turnkey location that can reduce the cost and time associated with constructing a restaurant from a traditional retail shell. The existing restaurant build-out includes a customer dining area, ordering counter, commercial kitchen, food-preparation areas, dry storage, walk-in cooler and freezer, Type I exhaust hood, fire suppression system, stainless-steel work areas, three-compartment sink, hand sink, gas service, HVAC and grease-management infrastructure. The location is well suited for a wide range of food and beverage concepts, including breakfast and brunch, barbecue, seafood, Mexican and taco concepts, pizza, Mediterranean, Caribbean, soul food, Asian cuisine, cafés, bakeries, sandwich shops, dessert concepts, catering, meal-prep, carryout, delivery and ghost-kitchen operations. With strong Halsted Street visibility, established surrounding neighborhoods, convenient access and existing restaurant infrastructure already in place, 17949 S Halsted Street offers a compelling opportunity for an independent restaurant operator, growing regional concept or franchise seeking restaurant space for lease in Homewood, IL. Available immediately. Lease assignment is subject to landlord approval.
- Signage
- Signalized Intersection
Nearby Major Retailers
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17941-17951 S Halsted St
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