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Rosenwald Retail and Office Center 58 E 47th St 5,900 SF of Retail Space Available in Chicago, IL 60653
Highlights
- 15000 vpd and 21000 vpd on lighted intersection
- Over 1000 residents include Rosenwald Court
- Rapidly growing progressing Historic Bronzeville Community
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 58 | 5,900 SF | Negotiable | $27.16 CAD/SF/YR $2.26 CAD/SF/MO $160,244 CAD/YR $13,354 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 58
ONLY 2900 SF REMAINS OF RETAIL SPACE - FORMER 5900 SF Divisible Space in the historic Rosenwald Center. Join successful retailers including Shawn Michelles Homemade Ice Cream Bar and Sip and Savor Chicago. High traffic on Signalized Intersection. 1000 customers live inside of the property. Great amenities including outdoor patio space, common bathrooms and tremendous community support with HHI over 50K annually.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Central Air and Heating
- Exposed Ceiling
- Signalized Intersection, High Traffic Nr I90/94
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 Rosenwald Retail and Office Center
- Tenant
- Description
- US Locations
- Reach
- Geode Health
- Health Care and Social Assistance
- -
- -
- Rudd Resources
- Professional, Scientific, and Technical Services
- -
- -
- Shawn Michelles Ice Cream
- Accommodation and Food Services
- -
- -
- Sip and Savor Coffee
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Geode Health | Health Care and Social Assistance | - | - |
| Rudd Resources | Professional, Scientific, and Technical Services | - | - |
| Shawn Michelles Ice Cream | Accommodation and Food Services | - | - |
| Sip and Savor Coffee | Accommodation and Food Services | - | - |
Property Facts
| Total Space Available | 5,900 SF | Gross Leasable Area | 5,900 SF |
| Property Type | Retail | Year Built/Renovated | 1929/2016 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,900 SF |
| Year Built/Renovated | 1929/2016 |
About the Property
2016 Renovation of a Chicago Landmarked marquis historic building. Retail and Office space avaialble for lease perfect for a company interested in servicing the eclectic Bronzeville community.2900 SF Retail/Office Non Divisible Space in the historic Rosenwald Center. Join successful retailers including Shawn Michelles Homemade Ice Cream Bar and Sip and Savor Chicago. High traffic on Signalized Intersection. 1000 customers live inside of the property. Great amenities including outdoor patio space, common bathrooms and tremendous community support with HHI over 50K annually. Easy access to Interstate 90/94 where there are over 266K vpd. Walk to the Green Line and Red Line CTA rail systems. 10 minutes to downtown Chicago and 10 minutes to Hyde Park/University of Chicago. .
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Rosenwald Retail and Office Center | 58 E 47th St
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