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1577 Ellinwood Ave
1,800 SF of Retail Space Available in Des Plaines, IL 60016
Highlights
- Perfect for new restaurant, bar, brewery, sports or fitness concept!
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 1,800 SF | 20 ft | Negotiable | £20.04 /SF/PA £1.67 /SF/MO £36,068 /PA £3,006 /MO | Triple Net |
1st Floor
Discover a fantastic leasing opportunity in the heart of downtown Des Plaines. This commercial building boasts a spacious front lot, perfectly positioned amidst a dynamic mix of retailers and residential high-rises. The brand new Ellison Apartments (113-unit luxury building) is located adjacent to the property. Conveniently across the street is the Metra station (with 880,000 commuters monthly). The interior features a soaring 20-foot ceiling, mezzanine, and bathrooms. The expansive concrete pad in front provides ample space for parking or an inviting outdoor patio. This prime location is ideal for a new restaurant, brewery, or fitness concept.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 20 ft
- Ideal for restaurant, brewery or fitness concept
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.
SITE PLAN
PROPERTY FACTS FOR 1577 Ellinwood Ave , Des Plaines, IL 60016
| Total Space Available | 1,800 SF | Gross Internal Area | 1,800 SF |
| Property Type | Retail | Year Built | 1939 |
| Property Subtype | Auto Repair | Parking Ratio | 8.33/1,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Internal Area | 1,800 SF |
| Year Built | 1939 |
| Parking Ratio | 8.33/1,000 SF |
About the Property
Discover a fantastic leasing opportunity in the heart of downtown Des Plaines. This commercial building boasts a spacious front lot, perfectly positioned amidst a dynamic mix of retailers and residential high-rises. The brand new Ellison Apartments (113-unit luxury building) is located adjacent to the property. Conveniently across the street is the Metra station (with 880,000 commuters monthly). The interior features a soaring 20-foot ceiling, mezzanine, and bathrooms. The expansive concrete pad in front provides ample space for parking or an inviting outdoor patio. This prime location is ideal for a new restaurant, brewery, or fitness concept.
- Bus Route
- Commuter Rail
- Signage
Nearby Major Retailers
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1577 Ellinwood Ave
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