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1365 N Wells St
1,000 SF of Retail Space Available in Chicago, IL 60610
Highlights
- Heavy Foot Traffic
- High End Build Out
- Lots of Natural Light
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Do not call or disturb tenant! Beautiful end cap retail space for lease! Approx 2,100sqft of total rentable space, comprised of 1,000sqft of ground floor retail space, and 1,100sqft of finished basement space. Currently set up as a boutique, you’ll find high-end fixtures, changing rooms, and a front desk already built out. The corner unit is on PRIME Wells Street, across from Orzos, steps from Au Cheval and Second City. The basement is built out to be used as additional space, with lots of room for creative use. Make this retail space your new home today!
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Security System
- Corner Space
- High Ceilings
- Plug & Play
- Basement
- End Cap
- Fully Built Out
- Finished Basement
- High End Fixtures
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 1365 N Wells St , Chicago, IL 60610
| Property Type | Retail | Gross Internal Area | 15,388 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1894 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 15,388 SF |
| Year Built | 1894 |
About the Property
Do not call or disturb tenant! END CAP CORNER SPACE! Historic architecture with modern touches on Wells Street.
- Corner Lot
- Signalised Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
-
Aaron Spiro -
Pearson Realty Group
Presented by
1365 N Wells St
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