Frequently Asked Questions
Q: How are rents priced?
A: Rents are priced based on the market, amenities, and overall condition of the suite.
Q: How can I calculate the monthly rent?
A: Example: Unit A is 2,000 SF at $10.00/SF per year: (2000 * 10)/12 = $1,666.66/month
Q: Are there any additional expenses?
A: On a monthly basis, tenant’s will see 3 charges on their statements from ICNC:
1. Rent
2. Electric - Each suite is metered separately so tenants do not have to worry about setting up an account with ComEd.
3. 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).
Q: What is the planned usage for Make City spaces?
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.
Q: Are there any prohibited uses?
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.
Q: What kind of changes or additions can I make to a space?
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.
A: Rents are priced based on the market, amenities, and overall condition of the suite.
Q: How can I calculate the monthly rent?
A: Example: Unit A is 2,000 SF at $10.00/SF per year: (2000 * 10)/12 = $1,666.66/month
Q: Are there any additional expenses?
A: On a monthly basis, tenant’s will see 3 charges on their statements from ICNC:
1. Rent
2. Electric - Each suite is metered separately so tenants do not have to worry about setting up an account with ComEd.
3. 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).
Q: What is the planned usage for Make City spaces?
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.
Q: Are there any prohibited uses?
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.
Q: What kind of changes or additions can I make to a space?
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.
