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Broadway Center 5250 N Broadway St
475 - 14,475 SF of Space Available in Chicago, IL 60640
SPACE AVAILABILITY (3)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 5254 | 475 SF | 3 Years | Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 2nd Floor | 7,000 SF | Negotiable | £9.54 /SF/PA £0.80 /SF/MO £66,805 /PA £5,567 /MO | Net | ||
| 3rd Floor, Ste 5256 Broadway Office | 7,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
5250 N Broadway St - 1st Floor - Ste 5254
475 SF in-line space adjacent to the former coffee grind unit. Great for a small professional office. Rent: $1,100 base rent + $340.35 = $1,440.35. The tenant is responsible for 5% of the property tax, $340.35, and 5% of the water bill.
- Located in-line with other retail
- Central Heating System
- Corner Space
- High Ceilings
5250 N Broadway St - 2nd Floor
- Lease rate does not include certain property expenses
- Office intensive layout
- Fits 18 - 56 People
5250 N Broadway St - 3rd Floor - Ste 5256 Broadway Office
The entire third floor with over 7000+ SF space is available for a creative user to turn this old former 25 SRO space to generate income or house your business. This can be an excellent office suite for the entire floor. Newer windows throughout the whole building and newer roofs. Low rent concession for the right user to turn this into the right use. Modified gross rent: $4500 per month Additional rent: 35% property tax:$2,252.14 per month 5% water: TBD
- Fits 18 - 56 People
- Space In Need of Renovation
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.
SELECT TENANTS AT BROADWAY CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- American Family Insurance
- Insurance
- 3,911
- National
- Greene & Proppe Design, Inc.
- Professional, Scientific, and Technical Services
- 1
- Local
- Help At Home
- Health Care
- 186
- National
- The Lost Hours Coffee Shop
- Accommodation and Food Services
- -
- -
- Your Home Sold Guranteed Realty
- Real Estate
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| American Family Insurance | Insurance | 3,911 | National |
| Greene & Proppe Design, Inc. | Professional, Scientific, and Technical Services | 1 | Local |
| Help At Home | Health Care | 186 | National |
| The Lost Hours Coffee Shop | Accommodation and Food Services | - | - |
| Your Home Sold Guranteed Realty | Real Estate | - | - |
PROPERTY FACTS FOR 5250 N BROADWAY ST , CHICAGO, IL 60640
| Total Space Available | 14,475 SF | Centre Properties | 1 |
| Centre Type | Strip Center | Gross Leasable Area | 24,875 SF |
| Parking | 20 Spaces | Total Land Area | 0.25 AC |
| Stores | 6 | Year Built | 1965 |
| Total Space Available | 14,475 SF |
| Centre Type | Strip Center |
| Parking | 20 Spaces |
| Stores | 6 |
| Centre Properties | 1 |
| Gross Leasable Area | 24,875 SF |
| Total Land Area | 0.25 AC |
| Year Built | 1965 |
ABOUT THE PROPERTY
CONDITION: As-Is Delivery AVAILABILITY: Now PIN: 1408128018 ZONING: B1-2 DISTRICT: Ward 48 | Alderman Harry Osterman
- Corner Lot
NEARBY MAJOR RETAILERS
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Broadway Center | 5250 N Broadway St
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