Retail spaces for rent at three CTA Red Line north rehabbed stations

Last week I wrote about the vacant storefronts on the north Red Line that it would "good to get them back on the rent rolls and serving their various communities."

It's almost like the CTA was listening to me.

Last Thursday the CTA posted rental offerings for 10 recently rehabbed storefronts at Argyle, Granville and Morse. They range in size from almost 3,500 square feet at Argyle  to just over 500 square feet at Granville. Jones Lang LaSalle is the firm that manages the CTA's rental properties.

At a community meeting last week hosted by the CTA and 48th Ward Alderman Harry Osterman, the alderman and CTA officials "warned not to commit to more than a 10-year investment in the spaces because of "long-term projects" on the Red Line, referring to a proposed major overhaul of the entire North Side "L" system, according to a DNAinfo.com report.

The CTA is hoping to find funding to rebuild the north end of the Red Line and make it totally accessible.

Advertisement:

Leave a comment