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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 6317 | 13,000 SF | 11’ - 13’ | Negotiable | $9.92 CAD/SF/YR $0.83 CAD/SF/MO $128,902 CAD/YR $10,742 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 6317
his outstanding leasing opportunity features an approximately 25,000-square-foot freestanding commercial building situated on a site with an approximately 19,000-square-foot parking area, providing abundant on-site parking and convenient access for customers, employees, and deliveries. The building offers approximately 12-foot clear ceiling heights and a highly adaptable floor plan capable of accommodating a wide variety of retail, showroom, warehouse, light industrial, distribution, recreational, institutional, and service-oriented uses. Approximately 13,000 square feet of the north end unit is currently available for lease, offering expansive open space that can be customized to suit a broad range of tenant requirements. The approximately 10,000-square-foot south end may also be made available, presenting a unique opportunity for a single user to occupy the entire 25,000-square-foot building. Ideally located at the southeast corner of 63rd Street and Vernon Avenue, just one block east of Dr. Martin Luther King Jr. Drive, the property benefits from excellent visibility and accessibility in one of Chicago's established South Side commercial corridors. The location offers immediate access to major thoroughfares including King Drive, Cottage Grove Avenue, and Interstate 90/94 (Dan Ryan Expressway), providing convenient connectivity throughout the city and surrounding suburbs. The property is surrounded by dense residential neighborhoods, schools, churches, neighborhood retail, and community services, generating consistent daily traffic and a strong local customer base. Its central location and flexible configuration make it an exceptional opportunity for businesses seeking a well-positioned, highly functional commercial facility.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- High Ceilings
- Drop Ceilings
- Finished Ceilings: 11’ - 13’
- 13,000-25,000sf Available
- 19,000sf Parking Lot
- Easy Accessibility
- Ideal for Retail, Recreational or Warehousing
- Steps away from CTA Green Line
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.
Site Plan
Property Facts
| Total Space Available | 13,000 SF | Gross Leasable Area | 25,000 SF |
| Property Type | Retail | Year Built/Renovated | 1908/2016 |
| Property Subtype | Freestanding | Parking Ratio | 2/1,000 SF |
| Total Space Available | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 25,000 SF |
| Year Built/Renovated | 1908/2016 |
| Parking Ratio | 2/1,000 SF |
Nearby Major Retailers
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6317 Vernon Ave
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