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1224 W Belmont Ave 3,400 sq ft of Office / Retail Space Available in Chicago, IL 60657
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RATE
- TYPE
| Space | Size | Ceiling | Term | Rate | Type | |
| 1st Floor | 3,400 sq ft | 7 ft - 12 ft | 3-10 Years | £17.20 /sq ft pa £1.43 /sq ft pcm £58,496 pa £4,875 pcm | Triple Net |
1st Floor
Retail space for lease. All uses considered. 3500+ sqft including mezzanine, ground, and basement. High 12’ ceiling with 15' of glass frontage to Belmont Ave. with windows opening to the street. Perfect for any type of personal services, neighborhood store, office or medical. Increased exposure from overhanging sign visible to both eastbound and westbound traffic. Venting possible. Space previously had a children's therapy office, real estate brokerage and medical office. At the heart of Lake View, just above Lincoln Park, this residential neighborhood is anchored by Northwestern Medicine Immediate Care just a ¼ of a block to the west, Belmont CTA stop one block to the east, Whole Foods just 2 blocks to the west, St Alphonsus’s Church 3 blocks to the south, and Advocate Masonic Medical Center just 4 blocks south east. Space offers potential to run multiple businesses under the same roof.
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- 4 Private Offices
- Conference Rooms
- Finished Ceilings: 7 ft - 12 ft
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- High Ceilings
- Plug & Play
- Natural Light
- Basement
- Open-Plan
- Wooden Floors
- Wheelchair Accessible
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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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 | 3,400 sq ft | Net Internal Area (NIA) | 6,516 sq ft |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Shopfront Retail / Residential | Parking Allocation | 1.53/1,000 sq ft |
| Total Space Available | 3,400 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 6,516 sq ft |
| Year Built | 1900 |
| Parking Allocation | 1.53/1,000 sq ft |
FEATURES AND AMENITIES
- Bus Route
- Signage
NEARBY MAJOR RETAILERS
Presented by
Coordinate Properties
1224 W Belmont Ave
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