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2333 N Milwaukee Ave 2,744 SF of Retail Space Available in Chicago, IL 60647
Highlights
- Heart of Logan Square’s bustling dining and entertainment corridor
- Steps from the California Blue Line station, with over 1 million riders annually
- Affluent and densely populated area
- Restaurant for lease with full basement and walk-in coolers
- Set among popular restaurants, bars including Daisies, Emporium Arcade Bar, Slippery Slope
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,744 SF | Negotiable | $54.69 CAD/SF/YR $4.56 CAD/SF/MO $150,067 CAD/YR $12,506 CAD/MO | Modified Gross |
1st Floor
Former home of the longtime Chicago Diner, this prime 2,744 SF restaurant space sits in the heart of Logan Square’s bustling dining and entertainment corridor. The property features a full basement with walk-in coolers and generous storage. Steps from the California Blue Line station, with over 1 million riders annually, the location offers excellent exposure to steady foot traffic. Set among popular restaurants, bars, and continuous residential growth, the property presents a standout opportunity for any restaurant looking to establish or expand its presence in an affluent and densely populated neighborhood.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Located in a dining and entertainment corridor
- Avg hh income of $127K within 3 mile radius
- 2 minutes to California Blue Line
- Set among popular restaurants and bars
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 | 2,744 SF | Gross Leasable Area | 2,744 SF |
| Property Type | Retail | Year Built | 1917 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,744 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,744 SF |
| Year Built | 1917 |
About the Property
Former home of the longtime Chicago Diner, this prime 2,744 SF restaurant space sits in the heart of Logan Square’s bustling dining and entertainment corridor. The property features a full basement with walk-in coolers and generous storage. Steps from the California Blue Line station, with over 1 million riders annually, the location offers excellent exposure to steady foot traffic. Set among popular restaurants, bars, and continuous residential growth, the property presents a standout opportunity for any restaurant looking to establish or expand its presence in an affluent and densely populated neighborhood.
Nearby Major Retailers
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2333 N Milwaukee Ave
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