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Retail Space with Hood Vent Chase
For Lease
$30 SF/Yr

1619 W Lawrence Avenue Unit 1, Chicago, IL 60640

New construction space offers a vanilla box interior, central heating and cooling, and B3-1.5 zoning.

Space Size1,350 SF
Days on Market25

Property Features for 1619 W Lawrence Avenue Unit 1

General Information

Standard status Active
Size 1,350 SF
Net Rentable 1,350 SF
Total Parking Spaces 1
Property subtype COMMERCIAL
Zoning B3-1.5

Space & Availability

Available Space 1,350 SF
Contiguous Space 1,350 SF
Space Use Retail

Site & Location

Neighborhood Ravenswood
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $28,760

Amenities

restroom
central air/heat
chase for restaurant hood venting
loading zone

Building Details

Year Built 2025
Listing Agency: Compass
Listed By: Mehdi Mova
Source: Themovagroup
Added: Oct 8 Changed: Nov 1 Last Checked: Oct 31 at 11:51PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,350-square-foot retail space was built in 2025 and will be delivered in vanilla box condition. The suite includes one restroom, central air and heat, and a chase for potential restaurant hood venting. Possible rear parking for one car is also noted.

Located on West Lawrence Avenue, just west of Ashland Avenue in Chicago, the property has a loading zone in front. B3-1.5 zoning supports a range of business uses.

Key Highlights

  • 1,350 square feet of retail space
  • 2025 construction with vanilla box delivery condition
  • One restroom and central air and heat

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Nursing Home Catering Service Building Supply Home Appliance Store (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,181
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 26% Office Supplies 15%
Chase Bank Shops & Services
15,345 visits/mo 0.3 miles
Staples Office Supplies
12,326 visits/mo 0.2 miles
Mobil Shops & Services
7,262 visits/mo 0.1 miles
7-Eleven Shops & Services
7,133 visits/mo 0.5 miles
Extra Space Storage Shops & Services
5,849 visits/mo 0.2 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
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Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 SF
Avg Space Size

This space is priced 19% above the average of $25.14 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - New construction space offers a vanilla box interior, central heating and cooling, and B3-1.5 zoning.
Where is this retail space located?
The property is located at 1619 W Lawrence Avenue Unit 1 Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 1,350 square feet of retail space; 2025 construction with vanilla box delivery condition; One restroom and central air and heat
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Includes: Price & PSF · Cap rate · Location · Zoning

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