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Flex Space with Overhead Doors
For Lease
$19 SF/Yr

4837 N Lipps Avenue #1, Chicago, IL 60630

Two first-floor suites provide adaptable commercial space with basement storage and direct loading access.

Space Size2,000 SF - 4,000 SF
Days on Market182

Property Features for 4837 N Lipps Avenue #1

General Information

Standard status Active
Size 2,000 SF - 4,000 SF
Net Rentable 2,000 SF
Zoning COMMR

Space & Availability

Available Space 2,000-4,000 SF
Contiguous Space 4,000 SF
Divisible Yes
Floor Ground

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 2

Additional Details

Highway Access Yes

Amenities

free basement storage

Building Details

Year Built 1908
Stories 2
Units 2
Listing Agency: Absolute Pin, Inc.
Listed By: Timothy Pomaville · License #471016311
Source: Perillorealestategroup
Added: Feb 9 Changed: Aug 7 Last Checked: Aug 9 at 1:47PM

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 Absolute Pin, Inc.

Investment Insights

Based on property information with market context.

The former Jefferson Park firehouse is a substantial flex-space property with two first-floor areas of approximately 2,000 SF each. The spaces can be leased separately or combined into approximately 4,000 SF, and each includes 14' ceilings, a 10' overhead door, and free basement storage. One parking spot accompanies each unit.

The property is positioned at 4837 N Lipps Avenue in Chicago, near Jefferson Park Blue Line and Metra service, with Milwaukee Avenue and Lawrence Avenue nearby. Visibility from passing trains and a high-walking-traffic setting support signage exposure. Street parking is available along Lipps and Ainslie, with additional parking in nearby lots. The site also offers access to I-90 and I-94 and is near a PACE Pulse Express bus stop.

Key Highlights

  • Two first‑floor spaces measure approximately 2,000 SF each and can be combined for 4,000 SF
  • 14' ceilings and a 10' overhead door in each unit
  • Free basement storage included with each space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Acupuncture Nursing Home Furniture & Home Goods Veterinary Clinic Catering Service

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

14 ft
Clear height
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Chicago, IL

$16.09 /SF/Yr
Avg Asking Price
$4.5–$34 /SF/Yr
Price Range
23,211 SF
Avg Space Size

This space is priced 18% above the average of $16.09 /SF/Yr.

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
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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 suites provide adaptable commercial space with basement storage and direct loading access.
Where is this flex space located?
The property is located at 4837 N Lipps Avenue #1 Chicago, IL.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Two first‑floor spaces measure approximately 2,000 SF each and can be combined for 4,000 SF; 14' ceilings and a 10' overhead door in each unit; Free basement storage included with each space
More about this property
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