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Prime Albany Park Retail Space
For Lease
$15 SF/Yr

3253 W LAWRENCE Avenue, Chicago, IL 60625

Excellent location with high foot traffic and recent updates.

Space SizeContact for details
Days on Market1221

Property Features for 3253 W LAWRENCE Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1920
Listing Agency: NORTHSIDE REALTY INC
Listed By: SAIMA CAUSEVIC · License #471004698
Source: Corcoran
Added: Apr 11, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:58AM

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 NORTHSIDE REALTY INC

Investment Insights

Based on property information with market context.

This retail space is located in a prime area of Albany Park, benefiting from substantial foot traffic between Kimball and Kedzie avenues. The property has undergone a recent condominium conversion, offering a move-in ready condition. Albany Park is ranked among the top 10 of 77 communities in Chicago. Lawrence Avenue sees an average of 19,800 cars per day. The space features high ceilings and newer heating, cooling, and plumbing, including a bathroom. A full, dry basement is included, along with back loading doors. The property is located near North Park College and the Brown Line. Note that bars, restaurants, and liquor stores are not permitted.

Key Highlights

  • Best store location in Albany Park with high foot traffic from Kimball to Kedzie.
  • High traffic count of 19,800 cars per day on Lawrence Ave.
  • Recent condo conversion; move‑in ready.

Property Analytics

Current Use

Great Sea Restaurant Restaurant

Suggested Use

Top Pick Law Firm Home Appliance Store Skin Care Clinic (Bike/Boat/Book/etc) Store Hotel & Motel Bed & Breakfast

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,330
Businesses Nearby
36k
Monthly Visits Nearby

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

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 42% below the average of $25.68 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Excellent location with high foot traffic and recent updates.
Where is this retail space located?
The property is located at 3253 W LAWRENCE Avenue Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Best store location in Albany Park with high foot traffic from Kimball to Kedzie.; High traffic count of 19,800 cars per day on Lawrence Ave.; Recent condo conversion; move‑in ready.
More about this property
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