Building Details

Building Size 21,000 SF

Listing Agency: RE/MAX

Listed By: Jason Bitton · License #475170841 Show Phone

Source: Remaxcommercial

Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:22AM

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Investment Insights

Based on property information with market context.

This 21,000-square-foot retail space at 7757 West Lawrence Avenue is available for lease. Its contiguous layout provides the option of keeping the space together or dividing it into multiple tenant areas.

The property is on West Lawrence Avenue in Norridge, adjacent to Harlem Irving Plaza. The address is 7757 West Lawrence Avenue, Norridge, IL 60706.

Key Highlights

• 21,000 SF of contiguous retail space
• Adjacent to Harlem Irving Plaza
• 7757 West Lawrence Avenue, Norridge, IL 60706

Property Analytics

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Current Use

Automatic Appliance Parts Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Auto Parts Store Daycare Center Florist

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

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

516

Businesses Nearby

74k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 60% Shops & Services 29% Dining 11%

Mariano's Groceries

44,132 visits/mo 0.5 miles

BP Shops & Services

10,048 visits/mo 0.3 miles

Dunkin' Donuts Dining

8,330 visits/mo 0.1 miles

Shell Shops & Services

7,041 visits/mo 0.4 miles

BP Shops & Services

4,234 visits/mo 0.3 miles

Demographics for 60706, IL

24,327

Population

9,720

Households

2.5

Avg Household Size

45

Median Age

30%

College-Educated

87%

High-School Grad

3.1 sq mi

ZIP Area

7,847

Density / Sq Mi

$85,000

Median Household Income

$48,602

Median Earnings

$1,242

Median Rent

$347,600

Median Home Value

Market

Lease Benchmarks for Norridge, IL

$25.4 /SF/Yr

Avg Asking Price

$8–$114 /SF/Yr

Price Range

8,953 SF

Avg Space Size

This space is priced 57% below the average of $25.4 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Similar For Rent Nearby

Harlem Avenue Retail Space

4455 North Harlem Avenue |, Norridge, IL 60706

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Open Storefront Space

7318 W Irving Park Road, Norridge, IL 60706

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Street-Level Storefront

7723 West Lawrence Avenue, Norridge, IL 60706

$20.93 SF/Yr

3,726 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - The contiguous floor area can accommodate a single user or a multi-tenant configuration.

Where is this retail space located?

The property is located at 7757 West Lawrence Avenue Norridge, IL.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: 21,000 SF of contiguous retail space; Adjacent to Harlem Irving Plaza; 7757 West Lawrence Avenue, Norridge, IL 60706