Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of...

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Adam Thomas 847.219.6383 [email protected] Scott Maesel 312.676.1860 [email protected]

Transcript of Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of...

Page 1: Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois.

Adam [email protected]

Scott Maesel312.676.1860 [email protected]

Page 2: Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois.

Leasing Highlights

• Excellent signalized Wicker Park corner location

• Ground floor commercial consists of over 50 feet of frontage along Division and Leavitt Street

• Floor to ceiling storefronts allowing for maximum exposure

• Ideal for a variety of uses with open floor plan capability

• Heavy automobile and pedestrian foot traffic

• Surrounded by notable restaurant and retail tenants

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LEASING OVERVIEW

Leasing SummaryAsking Price: $360,000

Asking Rent: $29/SF NNN

Available Space: 1,252 SF

Pass Thrus: $8.69/SF/YR

Zoning: B3-2

Sub-Market: Wicker Park

Page 3: Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois.

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Floor Plan 3

Overview

Asking Price: $360,000

Asking Rent: $29/SF NNN

Available Space: 1,252 SF

Pass Thrus: $8.69/SF/YR

Frontage: +50 Feet

Condition: Move-In

FLOOR PLANFLOOR PLAN

*Floor plan not showing existing interior walls

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Page 5: Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois.

Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois. Situated just west of Ashland Ave, south of the new 606 Bloomingdale Trail, and north of Division Street, Wicker Park/Bucktown is known for its local music, fashion culture, art galleries, nightlife, and food scene including numerous retail and entertainment establishments.

In recent years, gentrification has made the area more attractive to college-educated young adults, with many new restaurants, bars and stores opening to serve the more affluent population. Milwaukee Avenue between Ashland and Damen has become the main retail corridor for the neighborhood, with major new developments anchoring the ends of the street including The Robey Hotel and Wicker Park Connection. Other noteworthy area businesses include Stan’s Donuts, Steve Madden Shoes, Lululemon, Toms, La Colombe, Antique Taco, Filter, Brooklyn Industries, Urban Outfitters, Unami Burger, Floyd’s Barbership, Emporium, Wormhole Coffee, Violet Hour and Big Star.

The Wicker Park/Bucktown Historic District is on the National Register of Historic Places the district’s broad range of architectural styles include the Italianate, Queen Anne, Classical Revival, Arts and Crafts, and Art Deco. Once considered as “up and coming,” Wicker Park/Bucktown has matured into an important commercial district for Chicago’s economic development.

Wicker Park/Bucktown also boasts excellent public transportation options including the Blue Line Damen and Division CTA Stations, major bus routes on Ashland, North, Division, Milwaukee and Damen and general close proximity to the Loop and other desirable neighborhoods including Bucktown, Ukranian Village, Logan Square and Lincoln Park.

Demographic SnapshotMedian

AgeAverage IncomePer Household

EstimatedPopulation

MedianHome Value

33 $83,00053,000$430,000*DEMOGRAPHIC SNAPSHOT DATA PROVIDED BY APPLIED GEOGRAPHIC SOLUTIONS

WICKER PARK INFORMATION

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Page 6: Asking Rent: LEASING OVERVIEW Available Space: Pass …...Wicker Park/Bucktown is a neighborhood of over 26,000 residents within the West Town community area in Chicago, Illinois.

SVN Chicago Commercial 940 West Adams Street, 2nd Floor

Chicago, Illinois 60607

www.svnchicago.com

All SVN® Offices Independently Owned & Operated.

The information listed in this brochure has been obtained from sources we believe to be reliable, however we accept no

responsibility for its correctness.

Adam [email protected]

Scott Maesel312.676.1860 [email protected]