Corner Flex Warehouse with
4135 W Lawrence Avenue Chicago, IL 60630
4135 W Lawrence Avenue, Chicago, IL, 60630
$1,050,000
For Sale
$1,050,000
This corner flex warehouse is configured with two drive-in doors and a fenced parking lot onsite.
Property Size6,109 SF
Price / SF$171.88
Days on Market293
Property Features for 4135 W Lawrence Avenue
General Information
- Standard status
- Active
- Size
- 6,109 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1962
Listing agency
Strauss Realty Ltd
(773) 736-3600
Listed by
Adam Schneiderman · License #475149601
Source
Xome
Added: Oct 2, 2025 Updated: Jul 20 at 5:55PM Checked: Jul 21 at 3:07AM
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 corner flex warehouse is configured with two drive-in doors and includes a fenced parking lot onsite. The property offers flexible space that can support a mix of commercial uses, including office, retail, or partial warehouse operations.
The site is located on W Lawrence Avenue and is described as having high visibility with signage. The surrounding retail and financial mix includes Albany Bank, McDonald's, Keystone Ace Hardware, Fifth Third Bank, Walgreens, and Dunkin'.
With drive-in access and fenced parking, the building is suited for tenants needing straightforward loading and on-site vehicle management within a highly visible corner setting.
The site is located on W Lawrence Avenue and is described as having high visibility with signage. The surrounding retail and financial mix includes Albany Bank, McDonald's, Keystone Ace Hardware, Fifth Third Bank, Walgreens, and Dunkin'.
With drive-in access and fenced parking, the building is suited for tenants needing straightforward loading and on-site vehicle management within a highly visible corner setting.
Key Highlights
- Corner commercial property in Albany Park with high visibility and signage
- 2 drive‑in doors and a flex layout suited for office, retail, or partial warehouse use
- Fenced parking lot onsite
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.3k | $19.20 |
| − Vacancy | −$8.8k | −$1.44 |
| EGI | $108.5k | $17.76 |
| − OpEx | −$38.0k | −$6.22 |
| NOI | $70.5k | $11.54 |
6,109 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.01M
$881.5K – $1.18M
NOI $70,522 @ 7.0% cap · market cap 6.72%
Second Best
Warehouse
$661.1K
$578.4K – $771.2K
NOI $46,274 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,626 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Wisepak Foods LLC — 4225 N Pulaski Rd, Chicago, IL 60641
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- Chef Rafael & Son's Restaurant — 3816 W Montrose Ave, Chicago, IL 60618
- Los Nuevos Chefs del Sabor — 3816 w montrose ave, chicago, il 60618
- EMPANADONA — 4650 N St Louis Ave, Chicago, IL 60625
FAQs
What type of property is this?
Flex space - This corner flex warehouse is configured with two drive-in doors and a fenced parking lot onsite.
Where is this flex space located?
The property is located at 4135 W Lawrence Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Corner commercial property in Albany Park with high visibility and signage; 2 drive‑in doors and a flex layout suited for office, retail, or partial warehouse use; Fenced parking lot onsite
