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Storefront Simplex in Lincoln Park
For Sale
$309,000

1547 N Larrabee Street, Chicago, IL 60610

Storefront simplex with multiple offices and reception area.

Property Size13,000 SF
Days on Market147

Property Features for 1547 N Larrabee Street

General Information

Standard status Active
Size 13,000 SF
Property subtype Commercial
Zoning RTAIL

Taxes and HOA fees

Annual Taxes $15,200

Building Details

Building Size 13,000 SF
Year Built 1889
Stories 4
Units 7
Listing Agency: Compass
Listed By: John Oertel
Source: Allinonerealestateco
Added: Apr 1 Changed: Aug 23 Last Checked: Aug 24 at 2:00PM

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 Compass

Investment Insights

Based on property information with market context.

Located in Chicago's Lincoln Park community, this storefront simplex features multiple offices and a large common office space with a reception area. The property is intended for commercial use.

Key Highlights

  • Storefront Simplex
  • Located in Chicago's Lincoln Park Community
  • Multiple Offices offer flexible workspace solutions.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Accounting Firm Nursing Home Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,942
Businesses Nearby
416k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 21% Home Improvements & Furnishings 17% Shops & Services 16% Dining 14%
Target Superstores
88,186 visits/mo 0.4 miles
Jewel-Osco Groceries
38,261 visits/mo 0.4 miles
Apple Store Electronics
31,272 visits/mo 0.3 miles
Starbucks Dining
29,699 visits/mo 0.3 miles
Nordstrom Rack Apparel
29,650 visits/mo 0.5 miles

Demographics for 60610, IL

43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Similar Off Market Nearby

  • Zen Botanical Designs LLC 1812 N Larrabee St, Chicago, IL 60614
  • Urban Allure Events 1229 N North Branch St Suite 218, Chicago, IL 60642
  • Fieldman Flora 106 W Oak St, Chicago, IL 60610
  • Veroniques Floral, Ltd. 1162 N La Salle Dr, Chicago, IL 60610
  • Green Inc 1718 N Wells St, Chicago, IL 60614

Frequently Asked Questions

What type of property is this?
Storefront property - Storefront simplex with multiple offices and reception area.
Where is this storefront property located?
The property is located at 1547 N Larrabee Street Chicago, IL.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Storefront Simplex; Located in Chicago's Lincoln Park Community; Multiple Offices offer flexible workspace solutions.
More about this property
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