For Lease
$80/SF/YR

1620 Lawrence Ave Chicago, IL 60640

Freestanding building, high traffic area, ample parking.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 600 sq ft freestanding retail building presents a fantastic leasing opportunity in Chicago's vibrant Ravenswood neighborhood. Situated on a 7,140 sq ft lot, the property boasts a convenient drive-up window and 11 on-site parking spaces, ensuring ease of access for customers and employees. Previously a currency exchange, the layout includes a front customer service area with counter, a rear office space, and a single bathroom. The building, constructed in 1987, is a single-story structure. Benefit from the high vehicular traffic and strong demographics; over 71,000 people reside within a one-mile radius, boasting an average household income of $88,773. The B3-1.5 zoning allows for diverse uses, including restaurants, retail establishments, and offices, providing flexibility for potential tenants. Its prime location, just two blocks from the Metra Lawrence station, offers excellent public transportation access and proximity to the shops and restaurants of Lincoln Square. Annual property taxes are $26.75 per square foot. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving Chicago neighborhood.

Highlights

  • 7,140 SF lot size.
  • Single-tenant, 600 SF retail/office building.
  • Built in 1987, one-story structure.
  • 11 parking spaces on-site.
  • Located in the Ravenswood submarket of Chicago, zoned B3-1.5.
  • $26.75 annual property taxes per square foot.

Property Details for 1620 Lawrence Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
600 SF
Year Built
1987
Stories
1

Unit(s) available at that property

Space
Size
600 SF
Rate per SF
$80

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9690571
Longitude
-87.6703589

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FAQs

What type of property is this?
Retail property - Freestanding building, high traffic area, ample parking.
Where is the retail property located?
The property is located at 1620 Lawrence Ave Chicago, IL.
What is the lease rate?
The lease rate is $80/SF/YR.
What are key features of this property?
This property features: 7,140 SF lot size.; Single-tenant, 600 SF retail/office building.; Built in 1987, one-story structure.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Property Records

Contacts

Bill Hynes
Bill Hynes
Visit Broker Website

Learn more

Useful Information

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Lawrence Ave
Chicago, IL 60640

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Lawrence Ave
Chicago, IL 60640

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1620 Lawrence Ave
  • Bill Hynes
    Bill Hynes
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