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3404-3412 N Sheffield Ave 646 SF of Office Space Available in Chicago, IL 60657
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement, Ste A | 646 SF | 1-10 Years | $33.57 CAD/SF/YR $2.80 CAD/SF/MO $21,687 CAD/YR $1,807 CAD/MO | Modified Gross |
Basement, Ste A
This 645 square foot, newly renovated, open layout, loft office is ideal for a small business or a large private office. Amenities include: 24/7 access, an intercom system, and a private restroom. The office space is located in the lower level of a building at the three-way intersection of Clark, Sheffield, and Newport. It is steps from Chicago's Wrigley Field, Wrigley's surrounding developments, and the Addison CTA Red Line station. Designated window signage area available on street level provides exposure to high traffic counts.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 2 - 6 People
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 | 646 SF | Gross Leasable Area | 3,640 SF |
| Property Type | Retail | Year Built/Renovated | 1912/2020 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 646 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,640 SF |
| Year Built/Renovated | 1912/2020 |
ABOUT THE PROPERTY
Recently gut rehabbed property steps from the busy Sheffield/Clark/Newport three-way intersection. Two blocks from Wrigley Field and two and a half blocks from the Addison Red Line station.
NEARBY MAJOR RETAILERS
Presented by
Tiamar Real Estate
3404-3412 N Sheffield Ave
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