CROSS STREETS: HALSTED & DIVERSEY
FOR LEASE:
PRIME RETAIL/RESTAURANT/OFFICE SPACE
NEIGHBORHOOD: LINCOLN PARK
27O6 N. HALSTED ST.
THE LORD COMPANIES, L.L.C.
Scott Fithian
Office: 312.944.6270
Fax: 312.944.3759
scott@lordcompanies.com

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1030 North Clark Street, Suite 300, Chicago, Illinois, 60610, Phone: 312.944.6270, Fax: 312.944.3759
Commercial Space: High-profile retail, restaurant or professional office space on the ground floor of newer 5-story
54-unit condo building.
• 6,145 SF, divisible into up to 3 separate units ranging from 1,300 SF to 2,800 SF.
• 100’ of frontage with multiple entries
• 6 dedicated parking spaces in heated basement garage
• 13’+ concrete ceilings with dropped acoustic tiles at 10’.

Delivery Condition: High-end spa/salon finishes with marble flooring, luxury carpet, dimmable LED lighting and
custom millwork.

Parking: The property has 6 parking spaces available in a heated garage below the space for $200/mo. per
parking space.

Zoning: B3-2 (Community Shopping District), 43rd Ward (Ald. Michele Smith)

Usage Restrictions: Bars or nightclubs, massage parlors and retail packaged liquor stores for off-premises
consumption are not allowed, but restaurants, including those serving alcoholic beverages are allowed. There are no
restrictions on hours of operation.

Location: Located in the heart of the Lincoln Park/East Lakeview commercial district with nearly 100,000 affluent
residents within 1 mile. Just 1 block south of Diversey Pkwy, 2 blocks west of the Clark/Broadway/Diversey
intersection and .3 mi to the Diversey CTA station. Nearby businesses include Home Depot, Guitar Center,
Walgreens, Trader Joe’s, Urban Outfitters, and numerous local restaurants and neighborhood businesses.

Traffic Counts: 18,700 vehicles per day (VPD) on Halsted St, 16,800 VPD on Diversey Parkway

Demographics: (2018)                     1.0-mi.              3.0-mi.
Population                                          97,237              451,395
Households                                        54,054              237,158
  Owner Occupied                           19,363 (36%)    94,705 (40%)
  Renter Occupied                           34,691 (64%)   142,452 (60%)
Average Age                                      34.4                  36.2
Average Household Income               $117,048          $114,602
Median Household Income                 $86,043            $84,979
Median Home Value                           $444,980          $417,340

Base Lease Rate: $30-$35/SF, modified gross

Pass-through Expenses: Real estate taxes are included in the base rent. Tenant is responsible for its share of
common area maintenance (CAM) expenses (approx. $2/SF) and for their own separately metered gas and electric
utilities.

Availability: Immediate