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1969 N Halsted St 3,133 SF of Retail Space Available in Chicago, IL 60614
Highlights
- Prime Lincoln Park Location: Situated along Halsted St just south of Armitage in the heart of the DePaul neighborhood
- Turnkey Restaurant Opportunity: Fully built-out restaurant space with infrastructure in place, allowing for immediate occupancy or minimal buildout.
- Ample Storage & Back-of-House: Basement includes large walk-in cooler, storage area, and employee restroom.
- Iconic Landmark District: Positioned within a designated Chicago Landmark District known for historic charm and strong consumer draw.
- Generous Space Layout: ±3,133 SF total (2,333 SF ground floor + 800 SF basement).
- 2 parking spaces are available in the back of the building.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,133 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The restaurant/retail space is 2333 Sf plus 800 Sf Basement a total of 3133 sq ft. It includes 1 full countertop bar (8 seats) with a sink setup in front, 2 full kitchens (one set up with a black iron hood stove and cooking areas, the other kitchen with prepping facilities), seating for 64 occupants with 2 restrooms, and an 800 sq ft basement featuring a large walk-in cooler, storage space, and an employee bathroom. $14,000/month NNN
- Partially Built-Out as a Restaurant or Café 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 | 3,133 SF | Gross Leasable Area | 3,133 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Restaurant | Parking Ratio | 0.29/1,000 SF |
| Total Space Available | 3,133 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,133 SF |
| Year Built | 1997 |
| Parking Ratio | 0.29/1,000 SF |
About the Property
This Retail/Restaurant space is located in one of Chicago’s most iconic retail corridors in the DePaul neighborhood. The location offers a premier leasing opportunity in the heart of Lincoln Park. Located on Halsted St, SOUTH of Armitage in a Chicago Landmark District known for its historical architecture. It is currently set up for a restaurant but offers potential for many other retail concepts. This is the only restaurant space currently available for lease at this coveted intersection. Surrounded by an exceptional mix of national and boutique tenants, such as Summer House Santa Monica, Sushi-Sun ,Au Cheval, Ramen-Sun Marquee Lounge ,Café Ba-Ba-Reeba, among many other famous retailers, restaurants and entertainment venues along Halsted and Armitage streets including the Steppenwolf Theater right down the block. The restaurant/retail space is 2333 Sf plus 800 Sf Basement a total of 3133 sq ft. It includes 1 full countertop bar (8 seats) with a sink setup in front, 2 full kitchens (one set up with a black iron hood stove and cooking areas, the other kitchen with prepping facilities), seating for 64 occupants with 2 restrooms, and an 800 sq ft basement featuring a large walk-in cooler, storage space, and an employee bathroom.
- Bus Line
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
Sandro Ciurcina
1969 N Halsted St
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