FOR LEASE 1438 W BELMONT BI-LEVEL COMMERCIAL SPACE LAKE VIEW, CHICAGO, IL 60657

Transcription

1 FOR LEASE BI-LEVEL COMMERCIAL SPACE 1438 W BELMONT LAKE VIEW, CHICAGO, IL Commercial Space: Delivery Condition: This commercial storefront is on the ground floor and lower level of a newer 4-story brick and limestone apartment building with 4 large luxury apartments above. 3,695 SF - 1,944 SF on main level + 1,751 SF on lower level. 13 ceilings on main floor, 8 on lower level This space is built out as a property management and sales office with 5 private offices and large open office area on the main floor and 4 additional offices in the lower level. The main floor has hardwood floors and large suspended antique light fixtures. The lower level has tile floors and ceilingmounted light fixtures. There are washrooms on both levels. There is a kitchenette/break room located on the lower level along with a work room and multiple filing/storage rooms.

2 Parking: 6+ car (3 double-triple depth tandem spaces) carport in rear potentially available during the day (9 am to 6 pm). Free street parking on south side of Belmont, metered street parking on north side of Belmont. City parking lot less than 1 block away with daily ($2/hr.) and monthly ($85/mo.) parking. Base Rent: $6,000/mo. ($19/SF) w/o parking, $6,500/mo. with parking Additional Expenses: Real estate taxes and common area maintenance (CAM) expenses are included in the base rent. Tenant is only responsible for their own separately metered utilities. Location: This site is located in a high-traffic area of Belmont Avenue between Southport (1400 West) and Ashland (1600 West). Nearby businesses include a new Whole Foods, X-Sport Gym, Little Gym and Gymboree, numerous banks, title companies and home furnishings stores, St. Luke s church and childcare center, a new senior housing complex and Schuba s Tavern. This location is easily accessible from all areas in Lincoln Park and Lakeview. It can also be accessed from the Kennedy expressway (2 miles west) or Lakeshore Drive (2 miles east). The area offers extensive on-street metered parking plus a large city parking lot nearby. Zoning: B3 (Community Shopping District), 44 th Ward (Ald. Tom Tunney) Traffic Counts: 14,300 vehicles per day (VPD) on Belmont, 28,500 VPD on Ashland Demographics: (2018) 1.0 mile 3.0 mile Population 69, ,814 Households 33, ,402 Owner Occupied 13,927 (42%) 91,489 (38%) Renter Occupied 19,232 (58%) 146,913 (62%) Average Age Total Daytime Population 64, ,202 Average Household Income $143,389 $104,643 Median Household Income $113,645 $75,893 Median Home Value $532,288 $384,445 Availability: Immediate For further information, please contact: Scott Fithian (773) (direct) scott@lordcompanies.com *Broker is using information provided by the property owner and does not certify as to its accuracy. This information is subject to possible errors, omissions, changes of price and withdrawal without notice. Retail Brokers Network affiliate for Chicago. The Retail Brokers Network has over 80 independent commercial real estate offices providing their local expertise to retailers, developers and investors throughout North America

3 Current Space Plan

4 Interior Photos Main Floor Front Reception Front Conference Room/Office Open Office Area from front Private Offices on side Open Office Area from rear Executive Office

5 Interior Photos Lower Level Semi-Private Office Area from front Semi-Private Office Area from rear Break Room w/kitchenette Rear Private Office Work Room/Storage

6 1438 W Belmont Area Business Map