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707 W Belden Ave 675 SF of Retail Space Available in Chicago, IL 60614
HIGHLIGHTS
- LOCATION!!!
- Bike Score of 91
- DePaul University Campus
- Walk Score of 94
- Nearby Public Transportation
- Signage
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 | 675 SF | 14’ | 3-7 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Lichter Realty, Inc. is offering, for lease, approximately ±675 square feet of retail (storefront) space (which is currently set up as a hair salon). The space features signage on the building, large windows, no columns, high ceilings, one (1) bathroom, laundry, ample power, ample water, new renovations, and more! The space is ideal for many types of retail uses, office uses, personal services, and more. The landlord can custom build the space for a tenant.
- Fully Built-Out as Professional Services Office
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 14’
- Location!!!
- Large Windows
- Recent Renovations
- Open Floor Plan
- Build-To-Suit
- Signage
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 | 675 SF | Gross Leasable Area | 2,025 SF |
| Property Type | Retail | Year Built/Renovated | 1930/2021 |
| Total Space Available | 675 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,025 SF |
| Year Built/Renovated | 1930/2021 |
ABOUT THE PROPERTY
The property is located at the heart of the Lincoln Park neighborhood at the intersection of Lincoln Ave./Belden Ave./Orchard St. (which has ±50,000 VPD). The CTA 'L' (Red Line and Brown Line) and DePaul University are a few blocks away (and there is an endless list of restaurants, bars, and shops within walking distance from the property). The Lincoln Park neighborhood boasts a population of 67,831 within two (2) miles, median home values of $674,200, median household income of $123,610 per year, and an average age resident of 31. The building features signage, good frontage (i.e. visibility), and sidewalk patios for all the adjacent businesses. The property is two (2) miles from the expressway (I-90/94), 0.4 miles from the CTA “L” (Fullerton Station - Red/Brown/Purple Lines). The property has a Walk Score of 94 and a Bike Score of 91.
- Signage
NEARBY MAJOR RETAILERS
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707 W Belden Ave
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