2555 Lawrence AveChicago, IL 60625

Property Details for 2555 Lawrence Ave

Year built

1920

Lot size

0.17 AC

Property size (Sq ft)

6,500 SF

Property type

Retail properties

Property subtype

Retail space

APN

13-13-204-001

APU

1313204001

Description

This 5,100 square foot multi-tenant retail building, located at 2555 W Lawrence Ave in Chicago, IL 60625, offers a highly visible 800 square foot unit currently available. Situated on the southeast corner of Lawrence and Rockwell Avenues, the property benefits from excellent visibility at a major traffic intersection. The space previously housed a hair and nail salon and is ideal for a variety of retail uses. The building features a total of four suites, with a minimum divisible space of 800 square feet and a maximum contiguous space of 800 square feet. The location provides exceptional access to public transportation, with a CTA bus station directly at the intersection and the Rockwell Avenue Brown Line "L" train station just one block south, ensuring high foot traffic and convenient access for customers and employees. Existing tenants include the well-established Green Post Pub and Green Post Cafe, creating a vibrant and attractive commercial environment. This prime location in Lincoln Square offers a unique opportunity for businesses seeking high visibility and convenient access in a thriving neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $2,876,213

  6.5%

  $2,654,966

  7%

  $2,465,325

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,133,495

  Geo Method

  $2,133,495

• Alternative Use

  Use

  Valuation

  Residential

  $2,239,563

  Hospitality

  $2,051,428

  Educational

  $1,706,764

  Medical

  $1,765,462

  Retail

  $2,654,966

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9683

Longitude

-87.6936

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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