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4718 N Kedzie Ave 4716-4722 N Kedzie Ave
1,350 SF of Retail Space Available in Chicago, IL 60625
Sublease Highlights
- Visit us at kudangroup.com for more info on this listing and similar offerings, including virtual tours and pictures.
- Join our Facebook group page Hospitality Resource Hub to connect with other industry professionals and receive info on relevant news. Click link below
- Subscribe to our email list and receive notification on the latest offerings, listing updates and industry info. Sign up on our site or link below.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,350 SF | Negotiable | $24.19 CAD/SF/YR $2.02 CAD/SF/MO $32,656 CAD/YR $2,721 CAD/MO | Modified Gross |
1st Floor
Recently designed chic cocktail bar opportunity in the up and coming East Albany Park neighborhood. The business is located on a busy corridor, just steps from the Kedzie Brown Line stop and major bus lines. Designed to maximize its full potential, the operators were able to incorporate couches, ample bar seating and additional tables in the well thought out layout, which manages to execute an intimate comfortable feel within the limited confines. Other features include a kitchen for full service operation and sidewalk patio for additional al fresco dining and drinking experience. Refer to the flyer for business sale offering and lease assignment details. Refer to links below for more info on this and other hospitality listings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive the latest by joining our email list and private Facebook Group page by visiting our website or clicking the links below.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- High End Trophy Space
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 4716-4722 N Kedzie Ave , Chicago, IL 60625
| Property Type | Retail | Year Built | 1913 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.89/1,000 SF |
| Gross Leasable Area | 13,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,500 SF |
| Year Built | 1913 |
| Parking Ratio | 0.89/1,000 SF |
About the Property
Recently designed chic cocktail bar opportunity in the up-and-coming East Albany Park neighborhood. The business is on a busy corridor, steps from the Kedzie Brown Line stop and major bus lines. Designed to maximize its full potential, the operators were able to incorporate couches, ample bar seating, and additional tables in the well-thought-out layout, which manages to execute an intimate comfortable feel within the limited confines. Other features include a kitchen for full-service operation and sidewalk patio for additional al fresco dining and drinking experience. This is a lease assignment and business sale for $139,000.00. Visit our website at kudangroup.com or refer to the links below for more info on this listing and other hospitality offerings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries, and much more. Stay in the know and receive current updates, new offerings, and relevant industry info and events by joining our email list and private Facebook Group page.
Nearby Major Retailers
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4718 N Kedzie Ave | 4716-4722 N Kedzie Ave
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