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3401 W Diversey Ave 7,550 SF of Retail Space Available in Chicago, IL 60647
Highlights
- Generational corner location available for the first time in 40+ years.
- Surrounded by a diverse mix of apparel retailers and top Chicago restaurants.
- Prominent exposure at Diversey/Milwaukee/Kimball intersection with 40,600 VPD.
- Basement storage available for additional operational space.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,550 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This generational retail corner in Chicago’s Logan Square neighborhood is available for the first time in over 40 years, offering a rare opportunity for retailers seeking high visibility and strong foot traffic. The property spans 7,550 SF and benefits from exposure to the heavily traveled intersection of Diversey, Milwaukee, and Kimball Avenues, which boasts a combined traffic count of approximately 40,600 vehicles per day.
- Fully Built-Out as Standard Retail Space
- Basement storage available
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 3401 W Diversey Ave, Chicago, IL 60647
- Tenant
- Description
- US Locations
- Reach
- Center For Labor & Cmnty Rsrch
- Discount Store
- 1
- -
- Chicago Democratic Socialists of America
- Other Services
- 1
- -
- Crossroads Fund
- Services
- 1
- -
- Dui Counseling Centers
- Services
- 1
- Local
- Foot Locker
- Shoes
- 1,133
- International
- Mighty Small Studios
- Services
- -
- Local
| Tenant | Description | US Locations | Reach |
| Center For Labor & Cmnty Rsrch | Discount Store | 1 | - |
| Chicago Democratic Socialists of America | Other Services | 1 | - |
| Crossroads Fund | Services | 1 | - |
| Dui Counseling Centers | Services | 1 | Local |
| Foot Locker | Shoes | 1,133 | International |
| Mighty Small Studios | Services | - | Local |
Property Facts
| Total Space Available | 7,550 SF | Gross Leasable Area | 20,432 SF |
| Property Type | Retail | Year Built | 1937 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 7,550 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,432 SF |
| Year Built | 1937 |
About the Property
This generational retail corner in Chicago’s Logan Square neighborhood is available for the first time in over 40 years, offering a rare opportunity for retailers seeking high visibility and strong foot traffic. The property spans 7,550 SF and benefits from exposure to the heavily traveled intersection of Diversey, Milwaukee, and Kimball Avenues, which boasts a combined traffic count of approximately 40,600 vehicles per day. The site is surrounded by an eclectic mix of apparel brands, boutique retailers, and some of the city’s most popular dining destinations, creating a vibrant and dynamic trade area. The space includes basement storage, providing additional operational flexibility for tenants. Positioned in one of Chicago’s most desirable urban neighborhoods, the property offers excellent connectivity to public transit and major roadways, ensuring accessibility for both local shoppers and destination visitors. This location is ideal for retailers looking to establish a flagship presence in a thriving, trend-forward market.
- Bus Line
- Commuter Rail
- Tenant Controlled HVAC
- Storage Space
Nearby Major Retailers
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3401 W Diversey Ave
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