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

4837 N Lipps Ave Unit 1, Chicago, IL 60630

Former firehouse and warehouse space with flexible layouts, basement storage, and access to Jefferson Park transit connections.

Space Size2,000 SF - 4,000 SF
Days on Market16

Property Features for 4837 N Lipps Ave Unit 1

General Information

Standard status Active
Size 2,000 SF - 4,000 SF
Net Rentable 4,000 SF
Zoning B3-2

Space & Availability

Available Space 2,000-4,000 SF
Contiguous Space 4,000 SF
Divisible Yes
Floor Ground
Space Use Brewery
Available From Immediate

Additional Details

Highway Access Yes
Clear Height 14 ft

Amenities

free basement storage

Building Details

Year Built 1908
Tenancy Multi
Listing Agency: Absolute Pin, Inc.
Listed By: Timothy Pomaville · License #471016311
Source: Liveliferealty
Added: Aug 14 Changed: Aug 28 Last Checked: Aug 29 at 12:07PM

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 offers flexible warehouse and commercial space in two first-floor areas of approximately 2000 SF each. The spaces can be leased separately or combined for approximately 4,000 SF, with 14' ceilings, a 10' overhead door serving each unit, and complimentary basement storage. One parking spot is included with each unit.

The property is located at 4837 N Lipps Avenue near the Jefferson Park Blue Line el and Metra station, with Milwaukee Avenue and Lawrence Avenue nearby. Its position is visible from passing trains and sits in an area with substantial pedestrian activity, supporting signage opportunities. Street parking is available on Lipps and Ainslie, with additional lots nearby. 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 of approximately 2000 sf each, combinable for approximately 4,000 sf
  • 14' ceilings and a 10' overhead door in each unit
  • Free basement storage included with each unit

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
Multi-tenant
Tenancy
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

$17.57 /SF/Yr
Avg Asking Price
$5.5–$36 /SF/Yr
Price Range
23,708 SF
Avg Space Size

This space is priced 8% above the average of $17.57 /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
Questions? Ask 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 - Former firehouse and warehouse space with flexible layouts, basement storage, and access to Jefferson Park transit connections.
Where is this flex space located?
The property is located at 4837 N Lipps Ave Unit 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 of approximately 2000 sf each, combinable for approximately 4,000 sf; 14' ceilings and a 10' overhead door in each unit; Free basement storage included with each unit
More about this property
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