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Burnham Plaza 2450-2474 E State St 1,100 SF of Retail Space Available in Chicago, IL 60633
Highlights
- Located within Burnham Plaza, a community-oriented neighborhood shopping center.
- Shell condition space ready for immediate build-out and tenant customization.
- High-visibility frontage on State Street and Calhoun Avenue.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2470 | 1,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2450-2474 E State St - 1st Floor - Ste 2470
Former restaurant space now available for lease. The unit has been completely cleaned out and delivered as a shell, providing a blank canvas for a new tenant's vision. Ideal for restaurant, retail, convenience, tobacco, office showroom, or service-based businesses seeking a customizable space. Ownership has confirmed that a tobacco retail license is available for this location, subject to tenant application and final approval by the applicable licensing authorities. Ready for immediate build-out and occupancy planning with flexible layout potential and strong redevelopment opportunities.
- Located in-line with other retail
- Space is in Excellent Condition
- Ownership has confirmed that a tobacco retail lice
- High-visibility commercial location
- Fully cleaned-out shell space ready
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 Burnham Plaza
- Tenant
- Description
- US Locations
- Reach
- All Foods
- Supermarket
- 1
- -
- Kesam Royal Fashion
- Retailer
- 1
- -
- Phillie's Original Steak & Lemonade
- Restaurant
- 1
- -
- Protege Beauty & Barber Lounge Llc
- Salon/Barber/Spa
- 1
- -
- Sandwich Castle
- Restaurant
- 1
- -
- Steve's Wireless ABC
- Information
- 1
- -
| Tenant | Description | US Locations | Reach |
| All Foods | Supermarket | 1 | - |
| Kesam Royal Fashion | Retailer | 1 | - |
| Phillie's Original Steak & Lemonade | Restaurant | 1 | - |
| Protege Beauty & Barber Lounge Llc | Salon/Barber/Spa | 1 | - |
| Sandwich Castle | Restaurant | 1 | - |
| Steve's Wireless ABC | Information | 1 | - |
Property Facts
| Total Space Available | 1,100 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 31,000 SF |
| Parking | 24 Spaces | Total Land Area | 0.75 AC |
| Center Properties | 1 | Year Built | 1979 |
| Total Space Available | 1,100 SF |
| Center Type | Neighborhood Center |
| Parking | 24 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 31,000 SF |
| Total Land Area | 0.75 AC |
| Year Built | 1979 |
About the Property
Burnham Plaza at 2450-2474 E State Street presents an exceptional leasing opportunity in Chicago’s southeast corridor. This neighborhood center serves as a vital retail hub for the community, offering strong visibility and convenient access to local residents and businesses. Current availability includes a 1,100 SF former restaurant space, delivered as a clean shell for immediate customization. The open layout supports flexible configurations for retail, service, office showroom, or restaurant uses. The property’s strategic location offers strong vehicular exposure, with frontage along both State Street and Calhoun Avenue. It provides ample on-site parking with 24 spaces and seamless ingress and egress for customer convenience. Situated in an area with significant local traffic patterns, Burnham Plaza is surrounded by established tenants including grocers, wireless service providers, salons, and quick-service restaurants. The zoning (B4-1) enables a variety of retail concepts, and a tobacco retail license is noted as available, subject to tenant application and municipal approval. This is an ideal environment for businesses seeking prominent visibility and a supportive trade area.
Nearby Major Retailers
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Burnham Plaza | 2450-2474 E State St
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