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Retail/Restaurant Space in Greektown 232-234 S Halsted St 1,700 SF of Retail Space Available in Chicago, IL 60661
HIGHLIGHTS
- 1,650 SF storefront for rent
- Potential for retail or restaurant use
- High ceilings, large windows and a good window line
- Adjacent unit just leased to spa
- Just off Jackson & Halsted in the heart of Greektown/West Loop
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 232 | 1,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 232
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 | 1,700 SF | Gross Leasable Area | 6,440 SF |
| Property Type | Retail | Year Built/Renovated | 1970/2013 |
| Property Subtype | Cross Streets | W Jackson Blvd. |
| Total Space Available | 1,700 SF |
| Property Type | Retail |
| Property Subtype | |
| Gross Leasable Area | 6,440 SF |
| Year Built/Renovated | 1970/2013 |
| Cross Streets | W Jackson Blvd. |
ABOUT THE PROPERTY
Just off the stoplit corner of Jackson and Halsted, a 1,650 square foot retail storefront is available for rent. The unit has great potential as either retail or restaurant space, with high ceilings, large windows and a good window line on Halsted. The building has been recently updated with a new facade including ample room for signage. The adjacent space was recently leased to a spa. Several new residential buildings have been developed nearby, including student housing for UIC and other colleges in the Loop. Greektown and the West Loop offer a unique mix of residential condos, creative offices as well as local retailers, making it a desirable area for businesses and residents alike.
- Signage
NEARBY MAJOR RETAILERS
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Retail/Restaurant Space in Greektown | 232-234 S Halsted St
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