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2133 W Division St 3,000 SF of Flex Space Available in Chicago, IL 60622
HIGHLIGHTS
- Close proximity to public transportation.
- Single standing 1 story building.
- In walking distance from St. Mary Hospital.
- Space available features 14' ceiling.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | 5-25 Years | $51.62 CAD/SF/YR $4.30 CAD/SF/MO $154,867 CAD/YR $12,906 CAD/MO | Triple Net (NNN) |
1st Floor
Single standing 1 story building with 14' ceiling. This space has endless potential. Space can be used for a restaurant, bar, dispensary, medical, retail, grocery, bakery, and there are rooftop possibilities. Overhead door, 3 parking spaces.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Emergency Lighting
- Shower Facilities
- High Ceilings
- Exposed Ceiling
- NNN
- 3 parking spaces are available.
- Space available contains an overhead door.
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 | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Storefront | Parking Ratio | 1/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1994 |
| Parking Ratio | 1/1,000 SF |
ABOUT THE PROPERTY
2133 W Division St is a single-standing, one-story building featuring an impressive 14-foot ceiling that offers versatile space with numerous potential uses. This property is ideal for a variety of commercial purposes, including a restaurant, bar, dispensary, medical facility, retail store, grocery, or bakery. The building includes an overhead door and has rooftop potential, enhancing its adaptability for different business needs. In terms of amenities, the space is equipped with central air conditioning and heating, private restrooms, emergency lighting, and shower facilities. Additionally, there are three dedicated parking spaces available for tenants and their customers. The lease operates on a Triple Net (NNN) basis, with the lease rate excluding utilities, property expenses, and building services
- Bus Line
- Air Conditioning
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
Presented by
Alex Velblum
2133 W Division St
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