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Highlights
- Grocery Anchored and Established neighborhood shopping center.
- Approximately 72 on-site parking spaces.
- Serves the Clearing West trade area.
- Located at the northwest corner of 63rd Street and Narragansett Avenue.
- Diverse mix of retail, grocery, restaurant, and service tenants.
- Strong surrounding residential population base.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6400 A | 3,200 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 6434A | 583 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 6434C | 866 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
6234 S Narragansett Ave - 1st Floor - Ste 6400 A
Corner Unit at Grocery Anchored Shopping Center.
- Lease rate does not include utilities, property expenses or building services
6434-6456 W 63rd St - 1st Floor - Ste 6434A
Compact retail space well suited for boutique retail, personal services, office users, or specialty business concepts seeking a storefront presence within an established neighborhood center.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 2 - 5 People
6434-6456 W 63rd St - 1st Floor - Ste 6434C
Flexible retail space appropriate for service-oriented businesses, neighborhood retail, professional services, or customer-facing operations benefiting from existing center traffic.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 7 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.
Select Tenants at Park Shops
- Tenant
- Description
- US Locations
- Reach
- Clear Ridge Dental Care
- Health Care and Social Assistance
- 1
- -
- Easy Care Laundromat
- Laundry
- 1
- -
- Subway
- Sub Sandwich
- 26,333
- International
- Wing Wah Chinese Restaurant
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Clear Ridge Dental Care | Health Care and Social Assistance | 1 | - |
| Easy Care Laundromat | Laundry | 1 | - |
| Subway | Sub Sandwich | 26,333 | International |
| Wing Wah Chinese Restaurant | Restaurant | 1 | - |
Property Facts
| Total Space Available | 4,649 SF | Frontage | 649’ on 63rd St |
| Center Type | Neighborhood Center | Gross Leasable Area | 40,654 SF |
| Parking | 160 Spaces | Total Land Area | 3.76 AC |
| Stores | 11 | Year Built | 1986 |
| Center Properties | 2 |
| Total Space Available | 4,649 SF |
| Center Type | Neighborhood Center |
| Parking | 160 Spaces |
| Stores | 11 |
| Center Properties | 2 |
| Frontage | 649’ on 63rd St |
| Gross Leasable Area | 40,654 SF |
| Total Land Area | 3.76 AC |
| Year Built | 1986 |
About the Property
Park Shops is a neighborhood retail center located at the northwest corner of West 63rd Street and Narragansett Avenue in Chicago's Clearing West community. The property serves a large residential trade area and is anchored by a diverse mix of daily-needs retailers, service providers, restaurants, and community-oriented businesses. Positioned along a well-established commercial corridor, the center offers visibility, accessibility, and convenient customer parking. The property includes approximately 47,069 square feet of retail space with approximately 72 parking spaces serving tenants and visitors. Existing tenants include grocery, restaurant, personal service, healthcare, and retail operators that generate recurring customer traffic throughout the day. The center's location within a densely populated neighborhood supports a broad range of retail, service, and consumer-oriented businesses seeking an established customer base and strong neighborhood presence.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Park Shops | 6400 W 63rd St
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