215 East 31st Street Retail Space For Lease

215 E 31st St Chicago, IL 60616

215 E 31st St, Chicago, IL, 60616
215 E 31st St, Chicago, IL, 60616
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 22, 2025

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Highlights

  • 760 square feet of flexible space, perfect for a variety of business types.
  • Situated in the bustling Bronzeville neighborhood, known for its rich cultural heritage and strong community ties.
  • Benefit from high foot traffic and visibility in a rapidly developing area.
  • Conveniently located near major transportation routes, including public transit options.
  • Adaptable floor plan to suit your specific needs.

Description

This 760 SF commercial space in the heart of Bronzeville offers an exceptional opportunity for retail, office, or service-based enterprises. The space boasts high ceiling heights with tons of natural light and could easily accommodate many different commercial uses from traditional retail to creative studios. Join a diverse mix of businesses, from trendy cafes to boutique shops, and take advantage of the ongoing revitalization and investment in the area.

Bronzeville is one of Chicago's most historic and culturally rich neighborhoods, where tradition meets modernity. Bronzeville offers a unique blend of residential charm, thriving businesses, and an array of community amenities. Located just south of downtown Chicago, Bronzeville boasts excellent transportation options, including nearby access to major highways, public transit, and the Metra train, making it easy for residents and visitors to explore the city. The neighborhood's central location ensures your business will benefit from high foot traffic and visibility. This property offers an exceptional opportunity to be part of a burgeoning business community. Bronzeville is experiencing a resurgence, with new restaurants, cafes, and shops opening regularly. The neighborhood attracts a diverse demographic, from long-time residents to young professionals, all eager to support local businesses.


Year Built: 2004
Building Size: 760sq ft
Lot Size: 0.06 acres


Documents

SVN - Brochure (P)

Units for Lease

Unit
Space Available: 760 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $2500.00

Map of 215 E 31st St, Chicago, IL, 60616

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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.