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Chesapeake Shopping Center 1227 S Route 83
1,400 SF of Office/Retail Space Available in Grayslake, IL 60030
Highlights
- End Cap, lots of natural light, open floor plan.
- Very active area Culvers & McDonalds nearby
- Frontage to busy RT 83
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste J | 1,400 SF | 3-10 Years | £11.70 /SF/PA £0.97 /SF/MO £125.91 /m²/PA £10.49 /m²/MO £16,377 /PA £1,365 /MO | Net |
1227 N Route 83 - 1st Floor - Ste J
High Visibility End Cap, very open floor plan, front door, drive up parking, unit has 1 restroom, 1 office, 1 storage room; use ideal for retail, insurance, accountant, eye care. If space fits, we welcome your offer and will do our best to put the deal together call today to schedule your site visit!
- Lease rate does not include certain property expenses
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Highly Desirable End Cap Space
- High Traffic RT83 19k cars per day
- Adjacent to Culvers and McDonalds fast food
- 90% leased center
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 agent 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 FOR 1227 S Route 83 , Grayslake, IL 60030
| Centre Type | Strip Center | Frontage | Route 83 |
| Parking | 25 Spaces | Gross Leasable Area | 11,996 SF |
| Stores | 8 | Total Land Area | 1.35 AC |
| Centre Properties | 1 | Year Built | 2000 |
| Centre Type | Strip Center |
| Parking | 25 Spaces |
| Stores | 8 |
| Centre Properties | 1 |
| Frontage | Route 83 |
| Gross Leasable Area | 11,996 SF |
| Total Land Area | 1.35 AC |
| Year Built | 2000 |
About the Property
High Visibility center, last available space, End Cap, 1400sf, ideal for retail or office ie. insurance, accountant, medical. Join existing tenants Chiropractor, Dentist, Hair Salon, Nail Salon, Restaurant, Karate instruction. Space is available. Contact Joe H for details and to schedule your site visit.
- Restaurant
- Air Conditioning
Nearby Major Retailers
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Chesapeake Shopping Center | 1227 S Route 83
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