


Location:
Neighborhood storefront just south of the corner of Damen and Lawrence in the
Ravenswood-Lincoln Square neighborhood. One storefront is occupied by a new
optometry store. Nearby businesses include Budacki’s, CVS, Bank One, Sears, Radio
Shack, Payless, The Rail Bar &Grill, one of the highest-grossing Quizno’s submarine
sandwich shops in the city, and several coffee shops.
This site has easy access to public transportation with the Brown Line elevated train
station less than 2 blocks away, a Metra train station less than 2 blocks away and bus
routes along Lawrence and Montrose.
Demographics:
Demographics 1.0 mile 3.0 mile
Population 69,628 544,019
Households 32,930 244,485
Median Household Income $68,021 $71,139
Commercial Space:
The commercial space is on the 1st floor of a completely new gut-rehabbed vintage 3-
story, 10-unit apartment building.
- approx. 1,935 rentable SF plus approx. 900 SF of basement storage space
below the unit
- 22’ of frontage available for signage and visibility
- B3 zoning
The ideal users would be neighborhood businesses such as insurance, real estate,
travel agency,medical or professional office or a specialty retailer. NO FOOD USES
ARE ALLOWED.
Delivery Condition:
This space is currently a “vanilla box”, with all new mechanical, plumbing and electrical
systems with tenant-controlled HVAC, a drywall ceiling and plywood sub-flooring ready
for Tenant’s final flooring choice. Tenant-specific build-out could be amortized into the
lease rate by the landlord based on tenant credit and lease term.
Lease Rate:
$3,000 per month (approx. $19/SF), modified gross
Real Estate Taxes, Insurance and CAM:
Base year 2009 expenses for real estate taxes and CAM (including building insurance)
are included in the base rent. Tenant will be responsible for their pro rata share of
increases in these expenses which are currently approx. $400 per month ($1.00/SF
for real estate taxes and $1.50/SF for CAM).
Delivery Condition:
This space is currently a “vanilla box”, with all new mechanical, plumbing and electrical
systems with tenant-controlled HVAC, a drywall ceiling and plywood sub-flooring ready
for Tenant’s final flooring choice. Tenant-specific build-out could be amortized into the
lease rate by the landlord based on tenant credit and lease term.
AVAILABILITY
Immediate


4737 N DAMEN
CROSS STREETS: Lawrence & Damen
NEIGHBORHOOD RETAIL/OFFICE SPACES
FOR LEASE
NEIGHBORHOOD: LINCOLN SQUARE
THE LORD COMPANIES, L.L.C.