Retail Storefront Near
For Lease
$27 SF/Yr
1047 W Lawrence Avenue, Chicago, IL 60640
Street-facing retail space with direct access to Uptown’s Red Line station and nearby entertainment destinations.
Space Size1,850 SF
Days on Market8
Property Features for 1047 W Lawrence Avenue
General Information
Standard status
Active
Size
1,850 SF
Net Rentable
1,850 SF
Property subtype
Commercial
Space & Availability
Available Space
1,850 SF
Contiguous Space
1,850 SF
Space Use
Retail
Amenities
Central air
Central Individual Cooling
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
MOSHE WEINBERGER · License #475183341
Source:
Corcoran
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 7:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STRAUSS REALTY LTD
Investment Insights
Based on property information with market context.
This 1,850 SF storefront occupies Lawrence Avenue in Chicago’s Uptown neighborhood. The space is positioned for retail use within an active commercial setting that includes dining, entertainment, and cultural destinations nearby.
The CTA Red Line is within immediate walking distance, while the Aragon Ballroom, Riviera Theatre, Green Mill, and Nhu Lan Bakery are also accessible on foot. The surrounding area draws residents, visitors, and nightlife activity, contributing to an established pedestrian environment for a storefront operation.
The CTA Red Line is within immediate walking distance, while the Aragon Ballroom, Riviera Theatre, Green Mill, and Nhu Lan Bakery are also accessible on foot. The surrounding area draws residents, visitors, and nightlife activity, contributing to an established pedestrian environment for a storefront operation.
Key Highlights
- 1,850 SF retail storefront on Lawrence Avenue
- Steps from the CTA Red Line
- Walkable to the Aragon Ballroom, Riviera Theatre, Green Mill, and Nhu Lan Bakery
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,553
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 37%
Groceries 21%
Home Improvements & Furnishings 1%
Aldi
Groceries
32,487 visits/mo
0.3 miles
McDonald's
Dining
30,355 visits/mo
0.1 miles
Dollar Tree
Shops & Services
18,696 visits/mo
0.3 miles
SONIC Drive In
Dining
16,232 visits/mo
0.2 miles
Citibank
Shops & Services
12,016 visits/mo
0.3 miles
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size
This space is priced 8% below the average of $29.35 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
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- The Green Goose Shop — 5238 N Clark St, Chicago, IL 60640
Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing retail space with direct access to Uptown’s Red Line station and nearby entertainment destinations.
Where is this storefront property located?
The property is located at 1047 W Lawrence Avenue Chicago, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: 1,850 SF retail storefront on Lawrence Avenue; Steps from the CTA Red Line; Walkable to the Aragon Ballroom, Riviera Theatre, Green Mill, and Nhu Lan Bakery
