100% Leased Retail/Office Storefront on Grand

3515-23 W. Grand Ave.
Chicago, IL 60651
7,200 SF
Retail/Office Storefront
  • Retail/office storefront with catering facility on Grand

The Details

  • Two-tenant retail building totaling 7,200 SF
  • Total annual rent: $123,744
  • Tenants reimburse taxes on their pro-rated share
  • Substantial frontage on Grand Ave
  • Part of Division/Homan TIF
  • Great opportunity for an investor
  • Close to public transportation
  • Traffic Count: 11,042 cars daily
  • Land Area: 21,935 SF
  • Zoning: B3-1

This 7,200 square foot retail/office storefront fully leased to two tenants. A 2,100 square foot unit, built out as a catering facility and kitchen, is leased by the Hearty Boys Catering Group through 2021. The lease includes annual escalations and a five year renewal option. The property has strong income and is highly visible along Grand Avenue.

Humboldt Park has become a desirable location for many businesses including boutiques, restaurants and bars. With increasing gentrification, the area is attracting a diverse group of entrepreneurs.

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