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7545-7552 W Addison St
2,000 SF of Retail Space Available in Chicago, IL 60634
Highlights
- High Foot & Auto Traffic
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Prime storefront available on the bustling Addison Street, situated in the vibrant Dunning Neighborhood of Chicago. This spacious 2,000 sq ft location features a convenient overhead garage door at the rear, multiple rooms, a welcoming lobby area, a kitchenette, and dedicated office spaces. Ample street parking is available in the vicinity, with additional building parking accessible from the alley. The area benefits from high foot and vehicle traffic, making it an ideal spot for various business opportunities. The property includes forced air heating and air conditioning for year-round comfort. This space offers limitless potential for your business endeavors.
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 7545-7552 W Addison St , Chicago, IL 60634
| Property Type | Retail | Year Built | 1930 |
| Gross Internal Area | 5,462 SF |
| Property Type | Retail |
| Gross Internal Area | 5,462 SF |
| Year Built | 1930 |
About the Property
Prime storefront available on the bustling Addison Street, situated in the vibrant Dunning Neighborhood of Chicago. This spacious 2,000 sq ft location features a convenient overhead garage door at the rear, multiple rooms, a welcoming lobby area, a kitchenette, and dedicated office spaces. Ample street parking is available in the vicinity, with additional building parking accessible from the alley. The area benefits from high foot and vehicle traffic, making it an ideal spot for various business opportunities. The property includes forced air heating and air conditioning for year-round comfort. This space offers limitless potential for your business endeavors.
Nearby Major Retailers
-
Giuseppe Zerillo -
Zerillo Realty Inc
Presented by
7545-7552 W Addison St
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