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Retail Space on Lawrence Avenue
For Lease
$35 SF/Yr

1952 W Lawrence Avenue, Chicago, IL 60640

New construction retail space with high visibility and foot traffic.

Space SizeContact for details
Days on Market168

Property Features for 1952 W Lawrence Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Building Details

Year Built 2026
Listing Agency: Vista Group Realty Inc
Listed By: Nadiya Geraci
Source: Dawnmckennagroup
Added: Mar 19 Changed: Aug 23 Last Checked: Aug 30 at 9:11PM

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 Vista Group Realty Inc

Investment Insights

Based on property information with market context.

A new construction retail space is available for rent. The space offers 1,305 square feet in a vanilla box condition, equipped with an ADA-compliant restroom, central heating and cooling, and a sprinkler system, ready for tenant build-out. The location benefits from high visibility, with over 20,000 cars passing by daily, complemented by strong foot traffic from the local residents and nearby transit options. The space is suitable for a variety of businesses, including cafes, boutiques, salons, medical spas, or professional service providers.

Key Highlights

  • New construction (2026) 1,305 SF retail space.
  • High visibility location with 20,000+ cars/day and strong foot traffic.**
  • Vanilla box condition ready for build‑out.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Food Market Nursing Home Supermarket Locksmith

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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,099
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 36% Electronics 2%
Wendy's Dining
16,427 visits/mo 0.2 miles
Chase Bank Shops & Services
15,345 visits/mo 0.2 miles
Mobil Shops & Services
7,262 visits/mo 0.5 miles
Citgo Shops & Services
7,154 visits/mo 0.5 miles
7-Eleven Shops & Services
6,367 visits/mo 0.5 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

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 27% above the average of $27.62 /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
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space with high visibility and foot traffic.
Where is this retail space located?
The property is located at 1952 W Lawrence Avenue Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: New construction (2026) 1,305 SF retail space.; High visibility location with 20,000+ cars/day and strong foot traffic.**; Vanilla box condition ready for build‑out.
More about this property
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