|
|
1240 N. Kinzie Ave. 2,400 SF of Retail Space Available in Bourbonnais, IL 60914
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,600 /MO $43,200 /YR | Full Service |
1st Floor
A prime 2,400 SF real estate space, formerly a restaurant, is now available for lease on the high-traffic Rt. 50. It has the single highest traffic count in all of Kankakee County. This versatile property boasts a strategic location in a thriving commercial area, ensuring excellent visibility. The interior features a spacious dining area, cleared out kitchen providing a blank space for customization, and ample storage, making it ideal for a variety of business ventures. With its convenient access to major highways and ample parking, this location offers an unparalleled opportunity for businesses looking to capitalize on the vibrant local economy.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,400 SF | Gross Leasable Area | 2,400 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,400 SF |
| Year Built | 1997 |
ABOUT THE PROPERTY
2,400 SF Retail property located in a thriving commercial area, ensuring excellent visibility. The interior features a spacious dining area and cleared out kitchen. Convenient access to major highways and ample parking.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Kinzie Ave | N 3000E Rd, N | 26,249 | 2025 | 0.08 mi |
| IL 50 | Armour Rd, N | 21,814 | 2024 | 0.09 mi |
| N 3000E Rd | Locke Dr, E | 13,614 | 2023 | 0.11 mi |
| Armour Road | Locke Dr, E | 13,416 | 2025 | 0.12 mi |
| East Armour Road | E 3000N Rd, W | 20,632 | 2025 | 0.12 mi |
| IL 50 | Armour Rd, S | 23,863 | 2025 | 0.15 mi |
| N 3000E Rd | E 3000N Rd, W | 20,938 | 2023 | 0.16 mi |
| Armour Road | Kinneman Dr, E | 7,782 | 2024 | 0.18 mi |
| IL 50 | N 3000E Rd, N | 21,900 | 2021 | 0.18 mi |
| Armour Road | Kinneman Dr, W | 7,782 | 2024 | 0.24 mi |
NEARBY MAJOR RETAILERS
