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1223 N. Milwaukee Ave. 1223 N Milwaukee Ave
1,400 - 7,800 SF of Space Available in Chicago, IL 60642
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,900 SF | Negotiable | $49.16 CAD/SF/YR $4.10 CAD/SF/MO $529.19 CAD/m²/YR $44.10 CAD/m²/MO $11,881 CAD/MO $142,575 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 1,400 SF | Negotiable | $49.16 CAD/SF/YR $4.10 CAD/SF/MO $529.19 CAD/m²/YR $44.10 CAD/m²/MO $5,736 CAD/MO $68,829 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor | 3,500 SF | Negotiable | $16.86 CAD/SF/YR $1.40 CAD/SF/MO $181.44 CAD/m²/YR $15.12 CAD/m²/MO $4,916 CAD/MO $58,997 CAD/YR | Modified Gross |
1st Floor
Discover an exceptional opportunity with this versatile 4,100 square feet storefront retail and office space in the heart of Wicker Park. Boasting a prime location adjacent to a bustling six-corner intersection, this property offers maximum visibility and foot traffic. The first floor is divided into three distinct retail units, allowing for flexible leasing options, while the second floor features a spacious 2,500 square feet of office space, complete with a convenient kitchenette. The layout is designed to accommodate various businesses, providing a seamless blend of retail and office environments. With its strategic location and adaptable layout, this property is an ideal choice for entrepreneurs seeking a dynamic and thriving space in one of Chicago's most vibrant neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
1st Floor
Discover an exceptional opportunity with this versatile 4,100 square feet storefront retail and office space in the heart of Wicker Park. Boasting a prime location adjacent to a bustling six-corner intersection, this property offers maximum visibility and foot traffic. The first floor is divided into three distinct retail units, allowing for flexible leasing options, while the second floor features a spacious 2,500 square feet of office space, complete with a convenient kitchenette. The layout is designed to accommodate various businesses, providing a seamless blend of retail and office environments. With its strategic location and adaptable layout, this property is an ideal choice for entrepreneurs seeking a dynamic and thriving space in one of Chicago's most vibrant neighborhoods.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
2nd Floor
Discover an exceptional opportunity with this versatile 4,100 square feet storefront retail and office space in the heart of Wicker Park. Boasting a prime location adjacent to a bustling six-corner intersection, this property offers maximum visibility and foot traffic. The first floor is divided into three distinct retail units, allowing for flexible leasing options, while the second floor features a spacious 2,500 square feet of office space, complete with a convenient kitchenette. The layout is designed to accommodate various businesses, providing a seamless blend of retail and office environments. With its strategic location and adaptable layout, this property is an ideal choice for entrepreneurs seeking a dynamic and thriving space in one of Chicago's most vibrant neighborhoods.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Central Air and Heating
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 broker 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 1223 N Milwaukee Ave , Chicago, IL 60642
| Property Type | Retail | Year Built | 1895 |
| Property Subtype | Storefront | Cross Streets | N Ashland Ave. |
| Gross Leasable Area | 8,257 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,257 SF |
| Year Built | 1895 |
| Cross Streets | N Ashland Ave. |
Features and Amenities
- Signage
Nearby Major Retailers
-
Barry Kadish -
Jameson Commercial Real Estate
Presented by
1223 N. Milwaukee Ave. | 1223 N Milwaukee Ave
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