2769 N Lincoln Ave & 1153 W Diversey Pkwy
Neighborhood: Lincoln Park
Cross Streets: Lincoln Ave & Diversey Pkwy
This commercial space is on the ground floor of a vintage 4-story apartment building with extra large windows on the 1st floor storefronts.
The upper floors have 6 residential apartments.
• 2,500 rentable SF, potentially divisible into 2 units (1,224 & 1,276 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.
• Full dry basement below for extra storage and mechanical space
$6,000/month ($29/SF), modified gross for entire space, $3,500/month if spaces are separated.
PASS THROUGH EXPENSES:
Tenant is responsible for their pro rata share of increases in real estate taxes and common area maintenance expenses (CAM) over 2023 base year expenses for this property.
These expenses are currently estimated at approximately $1,000/mo ($5/SF).
Tenant is also responsible for their own separately metered gas and
electric utilities; water is included in CAM expenses.
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.
10,100 – 12,400 vehicles per day (VPD) on Lincoln Ave, 13,600 – 17,600 VPD on Diversey Pkwy.
B3 (Community Shopping District) accommodates a very broad range of predominantly destination-oriented retail and service uses.
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 one washroom in the middle of the space that can be expanded if necessary. It is ready for immediate occupancy.
Readily available metered street parking is available on both Lincoln Ave and Diversey Pkwy.