823 W Eastman St
Neighborhood: Clybourn/Halsted Corridor
Cross Streets: Eastman St & Halsted St
COMMERCIAL SPACE: This ground floor commercial space is on the northwest corner of a 22,000 SF multi-tenant one and two-story heavy timber building.
• ~1,700 SF with 80’ of frontage around the corner of Eastman and Dayton
• 15 – 17’ ceiling height with only 1 column in the space
• Large windows on both sides
• Loading zones on both streets
Other building tenants include The British School and Bright Horizons Preschool.
DELIVERY CONDITION: This space was formerly the Italian Pizza Kitchen. It has 2 black iron stacks and 2 restrooms but all of the kitchen equipment and other wall
partitions have been removed. The landlord can contribute to tenant’s build-out by amortizing the tenant improvement allowance over the lease term.
LOCATION: Located in Lincoln Park just south of the busy retail shopping district at North Ave, Clybourn and Halsted. It is directly across the street from the British School and 1⁄2 block west of the New City development with 380,000 SF of new retail space including Mariano’s grocery, a 14-screen AMC Cinemas and Dick’s Sporting Goods and 199 residential units. It is also only 1 block from the new Big Deahl development with three new residential buildings totaling 487 units and Sono Condos and Lofts and Sono East with 540 units combined.
Major area retailers include Whole Foods, REI, PetSmart, buybuyBaby, Mariano’s, Dick’s Sporting Goods, Apple, iFly Indoor Skydiving, Crate & Barrel, Container Store, Nordstrom Rack, West Elm, Target, Best Buy, Bed Bath & Beyond, Crate & Barrel, Trader Joe’s, Aldi, The Home Depot and dozens of other national, regional and local merchants.
(2022) 1.0 mi 2.0-mi.
Population 69,407 295,340
Households 36,953 164,063
Daytime Employment 34,506 435,548
Average Household Income $145,627 $147,018
Median Household Income $117,676 $118,351
Median Home Value $473,271 $497,861
Total Retail Sales ($ Billion) $5.8 BB $9.2 BB
TRAFFIC COUNTS: 30,000 VPD on W North Ave, 22,000 VPD at Halsted Street & Clybourn Ave, 1,200 VPD on W Eastman St.
ZONING: C3-5 (Commercial, Manufacturing and Employment District) accommodates a very broad range of retail, service, commercial and manufacturing uses including salons and the like with no need for special use exemptions.
NOTE: A LIQUOR LICENSE IS NOT POSSIBLE AT THIS LOCATION DUE TO ITS PROXIMITY TO THE BRITISH SCHOOL THAT IS DIRECTLY ACROSS THE STREET!
PARKING: Previous tenants have been able to arrange validated parking in the public garage in the British School building across the street. Street parking in the area is free.
LEASE RATE: $5,000/month ($35/SF), NNN [Negotiable subject to tenant credit and lease term]
EXPENSES: Tenant is responsible for their pro rata share of real estate taxes, property maintenance (CAM) and building insurance for this property, which are currently estimated at approx. $12/SF ($1,700/month).