Rents are priced based on the market, amenities, and overall condition of the suite.
Example: Unit A is 2,000 SF at $10.00/SF per year: (2000 * 10)/12 = $1,666.66/month
On a monthly basis, tenants will see 3 charges on their statements from ICNC:
Rent
Electric - Each suite is metered separately so tenants do not have to worry about setting up an account with ComEd.
CAM (Common Area Maintenance) - CAM expenses are based on a pro rata basis. Simply put, the more leased square footage, the greater the percentage of CAM expenses the tenant pays. ICNC’s CAM includes maintenance expenses (water and heat included), real estate taxes, and building insurance. Other expenses that tenants may incur are parking (billed by ICNC), internet, and garbage removal (billed by outside vendors).
The planned usage for Make City spaces is light industrial manufacturing. Examples of light industrial manufacturing are food and beverage manufacturing, personal care and home care products, clothes and textiles, and much more.
Make City is located in a Planned Manufacturing District so all uses must meet PMD zoning. Retail, residential, and event venues are prohibited at Make City.
Tenants can make major improvements in their space, i.e. paint, add an office, bathroom, etc. All improvements or changes need to be approved by ICNC.
Industrial Council of Nearwest Chicago 320 N Damen Ave., First Floor Chicago, IL. 60612
