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Neighborhood Storefront Space

1965 W Lawrence Avenue, Chicago, IL 60640

For Lease
New
$26 SF/Yr

The space can accommodate retail, office, or professional-service operations, subject to applicable approvals.

Space Size1,500 SF
Days on Market4

Property Features for 1965 W Lawrence Avenue

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Commercial

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF

Site & Location

Neighborhood Ravenswood

Taxes and HOA fees

Annual Taxes $71,796

Amenities

Central air
Central Air Cooling
Central Individual Cooling

Building Details

Year Built 1954
Listing Agency: ARIA REAL ESTATE
Listed By: JACOB BLIEDEN · License #475217789
Source: Corcoran
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 6:09PM

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 ARIA REAL ESTATE

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Investment Insights

Based on property information with market context.

This 1,500-square-foot storefront at 1965 W Lawrence Avenue dates to 1954. The space may suit retail, office, or professional-service operations, with any use subject to zoning and municipal approval.

The property is situated along Lawrence Avenue in Chicago, within a setting described as including residential areas and existing businesses.

Key Highlights

  • Approximately 1,500 SF of storefront space
  • Built in 1954
  • Retail, office, or professional‑service use may be considered, subject to zoning and municipal approval

Property Analytics

Current Use

Sprint Store at RadioShack Mobile Phone Store

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Catering Service Nursing Home Grocery & Convenience Store 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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,180
Businesses Nearby
67k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 49% Electronics 2%
Wendy's Dining
16,427 visits/mo 0.1 miles
Chase Bank Shops & Services
15,345 visits/mo 0.2 miles
Culver's Dining
9,135 visits/mo 0.5 miles
Mobil Shops & Services
7,262 visits/mo 0.5 miles
Extra Space Storage Shops & Services
5,849 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

$25.83 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
3,848 SF
Avg Space Size

This space is priced 1% above the average of $25.83 /SF/Yr.

Average Price Trend$/SF/Yr for Storefront properties in Chicago, IL

$26.94 Jul
$29.05 Aug
$26.79 Sep
$25.54 Oct

Properties on Market for Storefront properties in Chicago

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • flowers by stem — 1770 W Berteau Ave Suite 303, Chicago, IL 60618
  • The Flower Girl Company — 1946 W Montrose Ave, Chicago, IL 60613
  • Beautyberry Designs — 4452 N Ashland Ave, Chicago, IL 60640
  • A Pretty Flower by A & A Floral Arts — 2334 W Lawrence Ave #100, Chicago, IL 60625
  • Christmas Tree 🎄 Lot — 2018 W Lawrence Ave, Chicago, IL 60625

Frequently Asked Questions

What type of property is this?
Storefront property - The space can accommodate retail, office, or professional-service operations, subject to applicable approvals.
Where is this storefront property located?
The property is located at 1965 W Lawrence Avenue Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Approximately 1,500 SF of storefront space; Built in 1954; Retail, office, or professional‑service use may be considered, subject to zoning and municipal approval
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