828 W Grace St

CURRENTLY UNAVAILABLE
PRIME RETAIL/RESTAURANT/OFFICE SPACE

Cross Streets: Grace St & Halsted St

ABOUT: The upscale 828 W. Grace retail spaces are situated at the base of Parkview East, a 140-unit luxury condo building in Lakeview. The West space presents generous, well-lit 3,106 SF with grand 17 ft ceilings that allow an option to build a mezzanine loft 2nd-floor area for additional storage, office space, etc. The West space is ideal for a daycare, office, medical office, restaurant, salon/spa, retail, showroom use, or fitness. The East space delivers a prime 616 SF of ideal office space, and which also includes a full bathroom and a partial kitchen. Both spaces offer excellent visibility on their busy streets with 17 ft high windows.

LOCATION: The 828 Grace spaces are located literally steps from the bustling Lakeview East Broadway Communal District, high foot-traffic Broadway and Halsted streets, and only blocks away from Wrigley Field. Easily access the location by CTA with El stops nearby at both Addison and Sheridan, a bus stop at Broadway and
Halsted, as well as convenient access to Lake Shore Drive at West Irving Park Rd and North Lake Shore Drive.

AREA RETAILERS:
Subway        Walgreens                  Whole Foods        Starbucks                Tutto Fresco
IHOP            Jai Yen Restaurant     El Mariachi            Windy City Gyros     Cubby Bear

DEMOGRAPHICS (2018)             1 MILE         3 MILES       5 MILES
Population                                      84,319          389,334        981,570
Households                                     47,407         199,253         455,032
Owner Occupied                            17,157           76,548          179,372
Renter Occupied                            30,250         122,705         275,814
Average Household Income        $102,499     $103,802      $99,365
Median Household Income         $74,400       $74,368       $70,386

PROPERTY DETAILS

AVAILABLE SPACE: 3106 SF (West Unit), 616 SF (East Unit)

FRONTAGE: Approximately 50 feet for the West Unit and 20 ft for the East Unit

CONSTRUCTION: West unit offers an open layout with 17 ft ceilings. East Unit is fully built out as an office, with a full bathroom and partial kitchen.

ZONING: B3-5 Community Shopping District

PARKING: Garage parking available

AVAILABILITY: Immediate

LEASE RATE: West Unit: $21.00-$23.00/SF East Unit: $23.00-$25.00/SF

CAM+TAX: West Unit: $3.39/SF East Unit: $3.39/SF

FOR SALE PRICE: West Unit: $875,000.00 East Unit: $192,000.00

DELIVERY CONDITION: New construction shell with the ability for black iron to be added

Keith Lord
312-287-6066
keith@lordcompanies.com