For Sale: Retail Storefront Near Busy Harlem Avenue
The Details
- 4,000 SF retail storefront comprised
- One 2,000 SF space leased to Hands On Thai and Sushi cuisine restaurant through the end of September 2024
- One 2,000 SF office/retail space available for lease - Current Annual Rent: $33,600 with 3% increases, starting this October
- Ample parking in the rear
- Value-add opportunity
- Located near the corner of Addison St and Harlem Ave
- Great opportunity for investor
- Traffic count: 22,439 vehicles daily
- Land Area: 6,251 SF
- Zoning: C1-2
A 4,000 square foot commercial storefront on Addison Street is available for sale. The property is comprised of two storefronts, one of which is leased to Hands On, a 2,000 square foot Asian Cuisine restaurant. Hands On, which has been at this location for over ten years, operates under a lease that extends to the end of September 2024 with 3% annual increases built-in. The business generates $33,600 per year in rent. A 2,000 square foot storefront is available for lease and is perfect for retail or office. The property is located near busy Harlem Avenue and has great potential for a user or investor. Nearby businesses include Target, Ulta Beauty, Kohl’s, Hobby Lobby, X-Sport Fitness, Culver’s, Dollar Tree, several restaurants and shops.
The property is located on Chicago’s northwest side on the busy Addison Street retail corridor. The property is situated in a lively neighborhood adjacent to suburban Elmwood Park and River Grove.