436 W Surf St
Neighborhood: Lake View
Cross Streets: Surf St & Sheridan Rd
COMMERCIAL SPACE: This storefront is on the ground floor of a vintage 4-story 62-unit brick courtyard apartment building.
• 700 SF
• Extra-wide 30’ frontage
DELIVERY CONDITION: This space is built-out as a salon with laminate floors. It has an open styling area, wash station, private restroom, laundry room, and office area
BASE RENT: $1,500/month
ADDITIONAL EXPENSES: Heat is included in the base rent along with real estate taxes, building insurance, common area maintenance (CAM), and management. Tenant is responsible for their own separately metered electric utilities.
AVAILABILITY: May, 2021
LOCATION: Located halfway between Sheridan Road and Broadway on a one-way (eastbound) street in the midst of an affluent high-density multi-family Lakeview lakefront neighborhood.
TRAFFIC COUNTS: 10,000 vehicles per day (VPD) on Broadway and 10,000 VPD on Sheridan
ZONING: RM5 (Residential Multi-Unit District) which allows commercial uses provided primarily to serve the needs of residents in large, multi-unit residential buildings or residents within the immediate area including the following allowed uses:
1. Restaurants, with or without service of alcohol;
2. Financial services, except pawnshops, consumer loan agencies and payday/title secured loan stores;
3. Food and beverage retail sales, alcohol sales as accessory use only; no package liquor stores;
4. Medical service;
6. Personal service, including hair & nail salons, massage, yoga or dance studios, driving schools and martial arts studios; and
7. Retail Sales, General.
44th Ward (Ald. Tom Tunney). Lakeview Historic District
DEMOGRAPHICS: (2020) 1.0 mile 2.0 mile
Population 80,088 198,222
Households 48,499 109,117
Total Daytime Employment 31,715 78,661
Average Household Income $111,081 $127,360
Median Household Income $84,055 $96,373
Median Home Value $443,834
Annual Consumer Spending ($000) $2,964,177
1030 North Clark Street, Suite 300, Chicago, Illinois, 60610, Phone: 312.944.6270, Fax: 312.944.3759