CROSS STREETS: BROADWAY & MONTROSE
FORMER HAIR CUTTERY SALON SPACE
NEIGHBORHOOD: UPTOWN/WILSON YARD
4434 N BROADWAY AVE
THE LORD COMPANIES, L.L.C.
1030 North Clark Street, Suite 300, Chicago, Illinois, 60610, Phone: 312.944.6270, Fax: 312.944.3759
Commercial Space: Former Hair Cuttery salon available in Wilson Yard development anchored by a 170,000 SF
Target store, 23,000 SF of small-shop retail space plus 178 apartments.
➢ 1,348 SF, combinable with 4430 N Broadway for 2,648 SF.
➢ 21’ ceilings with ceiling-mounted mechanicals
Commercial co-tenants include PNC Bank, AT&T Wireless, CorePower Yoga, Subway, WeightWatchers and
Delivery Condition: Fully built-out hair salon with front reception and retail area, 10 cutting stations, 3 wash
bowls, separate ADA washrooms for customers and staff, washer/dryer and oversized hot water heater in rear
work area with staff break area.
Location: Located at the NW corner of Broadway and Montrose, Wilson Yard is the southern gateway and the
first major step in the rejuvenation of Uptown. Once the city’s second-busiest commercial area, Uptown is re-
establishing itself as a vibrant destination thanks to a concentration of entertainment venues including the Aragon
Ballroom, Riviera Theater, Green Mill, Double Door, The Baton Show Lounge, Chicago Magic Lounge, Uptown
Lounge and the famous Uptown Theatre (under renovation), all of which draw hundreds of thousands of
attendees annually. Wilson Yard provided the first large block of new affordable housing in the area and several
hundred new housing units are planned along with massive public investment in the recently renovated CTA
Wilson transit station which is less than 1⁄4 mile away.
Traffic Counts: 25,000 vehicles per day (VPD) on Broadway, 16,700 VPD on Montrose Ave, 12,700 VPD on
Zoning: Planned Development (PD943) with C2 (Motor Vehicle-Related Commercial District) underlying zoning for
uses. 46th Ward (Ald. James Cappleman).
Project Usage Restrictions
1. No toy store exceeding 5,000 square feet of Floor Area shall be permitted.
2. No store, department or operation selling or offering for sale any pharmaceutical drugs requiring the services of
a licensed pharmacist.
3. No liquor store offering the sale of alcoholic beverages for off-premises consumption
4. No bar, tavern, restaurant or other establishment whose annual gross revenues from the sale of alcoholic
beverages for on-premises consumption exceeds thirty percent (30%) of the gross revenues
5. Any veterinary hospital or animal raising or boarding facility; provided, however, this prohibition shall not be
applicable to pet shops or vet clinics.
Lease Rate: $30 - $35/SF, NNN
NNN Expenses: Tenant is responsible for its pro rata share of real estate taxes and common area maintenance
(CAM) expenses of approx. $17/SF.
Parking: 105 surface parking spaces are available in the rear for 90-minute validated customer parking or
monthly employee parking ($90/mo.)
(2020) 1.0 mi 3.0 mi
Population 81,365 411,533
Households 42,596 198,700
Average Age 38.0 36.6
Average Household Income $90,252 $103,679
Median Household Income $63,133 $73,016
Median Home Value $313,679 $374,471
Annual consumer spending ($000) $929,910 $4,825,473