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Firehouse Warehouse Flex Space
For Lease
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4837 N Lipps Avenue, Chicago, IL 60630

COMMERCIAL - Chicago, IL

Space Size2,000 SF - 4,000 SF
Days on Market186

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
PACE Pulse Express bus stop

Building Details

Year built 1908
Floors in Building 2
Number of units 2
Listing Agency: Absolute Pin, Inc.
Listed By: Timothy Pomaville · License #471016311
Added: Feb 9 Changed: Aug 4 Last Checked: Aug 14 at 2:06PM
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 former firehouse/warehouse is now available for lease, with the first floor laid out as two separate spaces that can be leased individually or combined for a larger footprint. The spaces feature 14-foot ceilings, 10-foot overhead doors, and free basement storage. One parking spot is included with each unit.

The building is in a highly visible area with heavy walking traffic near the Jefferson Park Blue Line el and Metra station, with Milwaukee Ave and Lawrence nearby. The property includes signage opportunity from the train. Easy street parking is available in front and in nearby lots, and it is also within easy access to I-90 and I-94.

The property is identified as zoned COMMR, described in the remarks as B3-2. The landlord is local and the asset is listed as an agent-owned offering.

Key Highlights

  • Large, flexible space: Approximately 2000‑4000 sq ft with 14' ceilings.
  • Prime location: Highly visible, heavy foot traffic near Jefferson Park Blue Line and Metra station.
  • Suitable for various businesses: Zoned B3‑2, ideal for brewery, restaurant, bar, or retail.

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
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,693
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

$16.23 /SF/Yr
Avg Asking Price
$4.5–$34 /SF/Yr
Price Range
24,103 SF
Avg Space Size

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 - Former firehouse/warehouse offers high ceilings and overhead loading with flexible space configurations for multiple uses.
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: Large, flexible space: Approximately 2000‑4000 sq ft with **14' ceilings**.; Prime location: **Highly visible, heavy foot traffic** near Jefferson Park Blue Line and Metra station.; Suitable for various businesses: Zoned B3‑2, ideal for brewery, restaurant, bar, or retail.
More about this property
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