1938 W North Ave, Bucktown/Wicker Park, Chicago, IL 60622

1938 W North Ave Chicago, IL 60622

1938 W North Ave, Chicago, IL, 60622
1938 W North Ave, Chicago, IL, 60622
FOR LEASE
Property Type:
Street Retail
Last Verified:
Jan 08, 2021

Highlights

  • 3 MIN Walk to Blue Line Damen L stop
  • Popular Retail, Restaurant & Entertainment Area
  • Strong 21-35 Year Old Demos

Description

For Lease a 1,998 SF of fully built out restaurant/cafe. Also suitable for retail or service retail space along North Ave. in the Bucktown/Wicker Park Historic District. Located along ‘Hipster Highway’ with multiple national, regional and local co-tenancy within the immediate city block. Densely populated mixed use and residential neighborhood in Chicago with strong pedestrian traffic and high household incomes. Area businesses include Levi’s, Burton, Dr. Marten’s, Adidas, Starbuck’s, Aldo Shoes,Champion, Chrome, Gorin Bros., G Star Raw, Urban Outfitters, Carhartt, Reckless Records, Exchange, YETI and more.

Enter an eclectic, art gallery-filled area that meshes artists, hipsters and yuppies together harmoniously. For those who love both upscale boutiques and resale shops, chain restaurants and mom-and-pop joints, dive bars and lounges, this west side Chicago neighborhood is your bread and butter. Wicker Park has long been a popular community for young, fly-by-the-seat-of-their-pants Chicagoans, but in recent years the scope of residents has adjusted to include families and older generations that enjoy the energetic youthfulness and quirky vibe. Wicker Park is teeming with fashionable restaurants bolstering a culinary scene that stretches far and wide, offering options for all palates and budgets. Tucked in between tasty noshing spots are countless retail storefronts, hawking must-have additions to your wardrobe and music collection. If live music is what you seek, Wicker Park nightlife is a hotbed of venues for local bands, national artists and record-spinning DJs to rock and roll.

Building Size: 6000sq ft
Lot Size: 0 acres

Units for Lease

1938 W North Ave
Space Available: 1998 SF
Lease Type: Gross

Price Per Sqft/Year: $42.0

Map of 1938 W North Ave, Chicago, IL, 60622

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.