Flex Space with Overhead
For Lease
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4837 N Lipps Avenue, Chicago, IL 60630
Commercial Lease, Chicago, IL
Space Size2,000 SF - 4,000 SF
Days on Market238
Property Features for 4837 N Lipps Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
COMMR
Directions
I-90/94, exit Lawrence, head west to Lipps, north on Lipps to property (corner of Lipps & Ainslie)
Subdivision
CHI - Jefferson Park
Standard status
Active
Taxes and HOA fees
Tax Year
2022
Utilities
Cooling system
Central Air
Amenities
free basement storage
signage opportunity
Building Details
Year built
1908
Floors in Building
2
Number of units
2
Listing Agency:
Absolute Pin, Inc.
Listed By:
Timothy Pomaville · License #471016311
(312) 437-8292
Added: Feb 9
Changed: Aug 20
Last Checked: Oct 5 at 7:06PM
MLS# 12564113
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex-space offering includes two first-floor commercial areas of approximately 2,000 SF each, with the option to combine them into a 4,000 SF configuration. Each space has 14' ceilings, a 10' overhead door, central air, and access to free basement storage. One parking spot accompanies each unit.
The property is located at 4837 N Lipps Avenue in Chicago's Jefferson Park area, near the Jefferson Park Blue Line el and Metra station, with Milwaukee Avenue and Lawrence Avenue nearby. The site is also served by a PACE Pulse Express bus stop and provides access to I-90 and I-94. The source information identifies brewery, restaurant, bar, and other retail uses as potential applications.
The property is located at 4837 N Lipps Avenue in Chicago's Jefferson Park area, near the Jefferson Park Blue Line el and Metra station, with Milwaukee Avenue and Lawrence Avenue nearby. The site is also served by a PACE Pulse Express bus stop and provides access to I-90 and I-94. The source information identifies brewery, restaurant, bar, and other retail uses as potential applications.
Key Highlights
- Two first‑floor spaces measure approximately 2000 sf each and can be combined into 4,000 sf
- 14' ceilings and a 10' overhead door in each unit
- Free basement storage included with each space
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,576
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60630, IL
54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$18.22 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
16,503 SF
Avg Space Size
Vacancy Rate% for Industrial in Chicago, IL
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Similar Off Market Nearby
- Honest Foods Inc — 5408 N Elston Ave, Chicago, IL 60630
Frequently Asked Questions
What type of property is this?
Flex space - Two first-floor commercial spaces offer central air, basement storage, and flexible leasing configurations.
Where is this flex space located?
The property is located at 4837 N Lipps Avenue Chicago, IL.
What are key features of this property?
This property features: Two first‑floor spaces measure approximately 2000 sf each and can be combined into 4,000 sf; 14' ceilings and a 10' overhead door in each unit; Free basement storage included with each space
