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    3253 W Lawrence Ave Chicago, IL 60625

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    For Lease
    $15 SF/Yr

    Excellent location with high foot traffic and recent updates.

    Property Features for 3253 W Lawrence Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1920

    Source: NORTHSIDE REALTY INC Agent SAIMA CAUSEVIC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Albany Park Retail Space

    This retail space is located in a prime area of Albany Park, benefiting from substantial foot traffic between Kimball and Kedzie avenues. The property has undergone a recent condominium conversion, offering a move-in ready condition. Albany Park is ranked among the top 10 of 77 communities in Chicago. Lawrence Avenue sees an average of 19,800 cars per day. The space features high ceilings and newer heating, cooling, and plumbing, including a bathroom. A full, dry basement is included, along with back loading doors. The property is located near North Park College and the Brown Line. Note that bars, restaurants, and liquor stores are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Sea Restaurant Chinese Restaurant

    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
    -87.7105445
    Latitude
    41.9681707

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    FAQs

    What type of property is this?
    Retail space - Excellent location with high foot traffic and recent updates.
    Where is this retail space located?
    The property is located at 3253 W Lawrence Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Best store location in Albany Park with high foot traffic from Kimball to Kedzie.; - High traffic count of 19,800 cars per day on Lawrence Ave.; - Recent condo conversion; move-in ready.
    (847) 571-6248
    Request Owner's contact information
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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
    3253 W Lawrence Ave Chicago, IL 60625
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