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Renovated Retail Storefront
For Lease
$18 SF/Yr

3240 W Lawrence Avenue, Chicago, IL 60625

Open-plan commercial space with added storage, loading access, and pedestrian-oriented positioning in Albany Park.

Space Size2,300 SF
Days on Market52

Property Features for 3240 W Lawrence Avenue

General Information

Standard status Active
Size 2,300 SF
Net Rentable 2,300 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,300 SF
Contiguous Space 2,300 SF
Space Use Retail

Additional Details

Frontage 40 ft

Amenities

flexible open layout
new facade
26 residential units
parking in the rear for loading
walking distance to Kimball Brown Line L-stop

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Strauss Realty Ltd
Listed By: Zachary Coe
Source: Dawnmckennagroup
Added: Jul 13 Changed: Aug 30 Last Checked: Aug 31 at 9:21PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This renovated storefront offers 2,000 SF of retail space plus approximately 300 SF of storage. The interior has a flexible open layout, 14.5-foot ceilings, and 40 feet of storefront frontage. The space can accommodate retail or service-oriented uses supported by its adaptable configuration.

The property is within a densely populated Albany Park setting with pedestrian traffic and convenient access to the Kimball Brown Line L-stop. The redeveloped mixed-use building includes a new facade and 26 residential units, creating residential occupancy within the property. Rear parking is available for loading, adding practical service access for occupants.

Key Highlights

  • 2,000 SF retail storefront with approximately 300 SF of additional storage
  • 14.5' ceilings and 40' of storefront frontage
  • Flexible open layout for retail or service uses

Property Analytics

Current Use

Liqudacin Por cierre Discount Store Jack Storage Units Storage Facility

Suggested Use

Top Pick Law Firm Skin Care Clinic Home Appliance Store Bed & Breakfast Locksmith (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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,330
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 85% Shops & Services 7% Electronics 4% Home Improvements & Furnishings 3%
McDonald's Dining
28,743 visits/mo 0.3 miles
Pantry Shops & Services
1,813 visits/mo 0.2 miles
Golden Krust Caribbean Bakery and Grill Dining
1,772 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,434 visits/mo 0.4 miles
Jays True Value Home Improvements & Furnishings
1,216 visits/mo 0.2 miles

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size

This space is priced 39% below the average of $29.35 /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
Rey
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Similar Off Market Nearby

  • Fely & Gaby Flower And Gifts Shop 4644 N Kedzie Ave, Chicago, IL 60625
  • Botanica Lucero Flowers 4644 N Kedzie Ave, Chicago, IL 60625
  • A-Flowers 3334 W Foster Ave, Chicago, IL 60625
  • Tea Rose Flower Shop 5327 N Kimball Ave, Chicago, IL 60625

Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space with added storage, loading access, and pedestrian-oriented positioning in Albany Park.
Where is this storefront property located?
The property is located at 3240 W Lawrence Avenue Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,000 SF retail storefront with approximately 300 SF of additional storage; 14.5' ceilings and 40' of storefront frontage; Flexible open layout for retail or service uses
More about this property
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