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    4650 W Lawrence Ave Chicago, IL 60630

    For Lease
    $26 SF/Yr

    Commercial Lease - Chicago, IL

    Days on Market:
    150
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 4650 W Lawrence Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Number of units
    1
    Flooring type
    Concrete
    Roof type
    Rubber
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Peter Fotopoulos (312) 265-8000 License #471010854

    Listing date Jul 18, 2025

    MLS# 12292459 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raw Retail Space in Chicago

    This is a great opportunity to lease a solid brick building constructed in 2005/2006, situated in the thriving Mayfair/Albany Park neighborhood of Chicago. The property features 1587 square feet of raw, unfinished space, ready to be customized. It includes two built-out bathrooms, concrete floors, and super high ceilings. A new overhead door was installed in the rear in 2024, along with brand new air conditioning. Large ceiling-to-floor windows provide ample natural light. The location is on the northwest side of the city, offering close proximity to 90/94 and the Jefferson Park terminal, and is just minutes from downtown. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.744944
    Latitude
    41.968387

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    FAQs

    What type of property is this?
    Retail space - Unfinished retail space in Mayfair/Albany Park neighborhood, Chicago.
    Where is this retail space located?
    The property is located at 4650 W Lawrence Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - 1587 sqft of raw, unfinished space ready for customization.; - New 2024 air conditioning and rear overhead door.; - Two existing bathrooms already built out.
    (312) 265-8000
    Request Owner's contact information
    4650 W Lawrence Ave Chicago, IL 60630
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    Chicago, IL 60630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4650 W Lawrence Ave Chicago, IL 60630
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