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3007-3011 N Lincoln Ave 1,500 - 5,500 SF of Office/Retail Space Available in Chicago, IL 60657
HIGHLIGHTS
- Easy access to the CTA
- Basement area available for storage use
- Located at the corner of N Lincoln Ave and N Southport Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3009 | 1,500-5,500 SF | 3-5 Years | $47.46 CAD/SF/YR $3.96 CAD/SF/MO $261,037 CAD/YR $21,753 CAD/MO | Modified Gross |
1st Floor, Ste 3009
Commercial/Retail Storefront in the Lincoln Ave corridor in Lakeview prime retail space for rent. Flexible space. It will be divided from 1500 SF to 5500 SF. Total space available is approx 5,500 SF. Open lay out. It can be divided in several spaces, this space has main access through Lincoln Ave and additional entrance through Southport Busy retail corridor, close to the Brown line, it will be delivered as a vanilla box Tenant pays utilities, real estate taxes are included in rent, tenant pays increment on taxes. Currently being renovated
- Listed rate may not include certain utilities, building services and property expenses
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 3007-3011 N LINCOLN AVE, CHICAGO, IL 60657
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Church Of Scientology
- Church/Comm Hall
- 241
- International
- Hubbard Dianetics Foundation
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Church Of Scientology | Church/Comm Hall | 241 | International |
| Hubbard Dianetics Foundation | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,500 SF | Property Subtype | Storefront Retail/Residential |
| Min. Divisible | 1,500 SF | Gross Leasable Area | 9,600 SF |
| Property Type | Retail | Year Built | 1914 |
| Total Space Available | 5,500 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,600 SF |
| Year Built | 1914 |
FEATURES AND AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Presented by
Spetrec
3007-3011 N Lincoln Ave
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