Flex Space with Overhead
New
For Lease
$19 SF/Yr
4837 N Lipps Ave Unit 1, Chicago, IL 60630
Two adaptable commercial suites offer basement storage, transit exposure, and B3-2 zoning near Jefferson Park.
Space Size2,000 SF - 4,000 SF
Days on Market2
Property Features for 4837 N Lipps Ave Unit 1
General Information
Standard status
Active
Size
2,000 SF - 4,000 SF
Net Rentable
2,000 SF
Zoning
B3-2
Space & Availability
Available Space
2,000-4,000 SF
Contiguous Space
4,000 SF
Divisible
Yes
Space Use
Brewery
Available From
Immediate
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Clear Height
14 ft
Building Details
Year Built
1908
Listing Agency:
Absolute Pin, Inc.
Listed By:
Timothy Pomaville · License #471016311
(312) 437-8292
Source:
Bktchicago
Added: Sep 9
Last Checked: Sep 9 at 3:40PM
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.
This 1908 commercial property offers two first-floor flex suites, each measuring approximately 2,000 square feet, with the option to combine them into approximately 4,000 square feet. Each space has 14-foot ceilings, a 10-foot overhead door, and dedicated basement storage. One parking space accompanies each suite. The building is a former firehouse and warehouse, providing a distinctive setting for retail, restaurant, bar, or brewery use supported by the B3-2 zoning designation.
The property sits near the Jefferson Park Blue Line and Metra station, with visibility from passing trains and an area signage opportunity. The surrounding setting includes substantial pedestrian activity, while Milwaukee Avenue and Lawrence Avenue are nearby. Street parking is available along Lipps and Ainslie, with additional lots in the vicinity. Access to I-90 and I-94 is convenient, and a PACE Pulse Express bus stop and TOD designation add to the transit-oriented context.
The property sits near the Jefferson Park Blue Line and Metra station, with visibility from passing trains and an area signage opportunity. The surrounding setting includes substantial pedestrian activity, while Milwaukee Avenue and Lawrence Avenue are nearby. Street parking is available along Lipps and Ainslie, with additional lots in the vicinity. Access to I-90 and I-94 is convenient, and a PACE Pulse Express bus stop and TOD designation add to the transit-oriented context.
Key Highlights
- Two first‑floor suites of approximately 2,000 SF each; spaces can combine for approximately 4,000 SF
- 14' ceilings and one 10' overhead door in each suite
- Free basement storage included with each unit
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
$2.85 /SF/Yr
CAM
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
$17.39 /SF/Yr
Avg Asking Price
$8–$37 /SF/Yr
Price Range
18,662 SF
Avg Space Size
This space is priced 9% above the average of $17.39 /SF/Yr.
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 adaptable commercial suites offer basement storage, transit exposure, and B3-2 zoning near Jefferson Park.
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 suites of approximately 2,000 SF each; spaces can combine for approximately 4,000 SF; 14' ceilings and one 10' overhead door in each suite; Free basement storage included with each unit
