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5705926
9827137

2769 N Lincoln Ave & 1153 W Diversey Pkwy, Chicago, IL 60614

SF
IL 475.150959
The Lord Companies LLC
Listed by The Lord Companies LLC
$30/SF/YR
1087 days on market
Updated 21 days ago

2769 N Lincoln Ave & 1153 W Diversey Pkwy

Building Details
Property Type Retail
Sub Type Commercial Storefront, Apartment
Tenancy Multiple
Lease Type Modified Gross
Total Building SqFt 3,724
Vacant SqFt 2,500
Total Parking Spaces Extensive metered street parking is available on both Lincoln Ave and Diversey Pkwy

Spaces

$6,350/month ($30/SF), modified gross, for “as is” delivery. TI and rent abatement may be amortized as Additional Rent depending on tenant credit and security guarantees. Availability: Immediate

Retail | 1 space available | 2,500 SqFt

Building description

Commercial Space: Commercial storefront space with extra large windows on the ground floor of a vintage 4-story apartment building. The upper floors have 6 residential apartments.

Delivery Condition: This space was previously a personal fitness training facility and has been built-out as an open plan space with hardwood floors and both track and recessed light fixtures. There is a rubber floor overlay in the Diversey half of the space. There is one washroom in the middle of the space that can be expanded if necessary.

Base Rent:  $6,350/month ($30/SF), modified gross, for “as is” delivery. TI and rent abatement may be amortized as Additional Rent depending on tenant credit and security guarantees.

Pass Through Expenses: Tenant is responsible for their pro rata share of increases in real estate taxes and common area maintenance expenses (CAM) over 2024 base year expenses (which are included in the initial base rent) for this property. These expenses are currently estimated at approx. $1,350/month ($6.50/SF) and are projected to increase by approx. $400/month ($1,90/SF) in 2025. Tenant is also responsible for their own separately metered gas and electric utilities; water is included as part of CAM expenses.

Location: Located in an affluent mixed-use area on the northern border of Lincoln Park and Lakeview. Lincoln Ave is the primary north-south arterial street for the area. This property wraps around the six-way intersection of Lincoln, Diversey and Racine. It is less than 1⁄4 mile to the Diversey CTA Brown & Purple line station. This space is located between the Seven Ten Lounge and Delilah’s Whiskey Bar.

Traffic Counts: 10,100 – 12,400 vehicles per day (VPD) on Lincoln Ave, 13,600 – 17,600 VPD on Diversey Pkwy.

Zoning: B3 (Community Shopping District) accommodates a very broad range of predominantly destination-oriented retail and service uses.

Parking: Extensive metered street parking is available on both Lincoln Ave and Diversey Pkwy.

Availability: Immediate

Building highlights

  • 2,500 rentable SF
  • Separate entrances on Lincoln Ave and Diversey Pkwy with large signage panels on both streets.
  • High ceilings with both track and recessed lighting fixtures.
  • Unfinished basement below for extra storage and HVAC unit

Listing Contacts

SF
IL 475.150959
The Lord Companies LLC
Listed by The Lord Companies LLC

Map

Property History

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