Retail Space in Lincoln
For Lease
Contact for pricing
2338 W Lawrence Avenue, Chicago, IL 60625
Retail space with high visibility near Lincoln Square shops.
Space Size1,776 SF
Days on Market1022
Property Features for 2338 W Lawrence Avenue
General Information
Standard status
Active
Size
1,776 SF
Property subtype
Retail
Building Details
Building Size
1,776 SF
Year Built
1924
Tenancy
Single
Spaces For Lease
at 2338 W Lawrence Avenue Contact us- Size
- 1,776 SF
- Type
- Retail
- Availability
- Active
Available Space
Listing Agency:
Strauss Realty
(847) 334-2587
Listed By:
MJ Weinberger · License #IL 475183341
Source:
Crexi
Added: Nov 7, 2023
Changed: Aug 15
Last Checked: Aug 23 at 11:48PM
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 Strauss Realty
Investment Insights
Based on property information with market context.
The property is a 1,776-square-foot retail space formerly occupied by a bike shop. It is located at the front entrance of Lincoln Square shops and dining, offering significant visibility. The location is suitable for various retail businesses. Situated near the flagship Walgreens location at Lawrence & Western, the property benefits from high traffic, with approximately 14,500 vehicles passing along Lawrence Avenue daily and 30,100 vehicles on Western Avenue. The surrounding area has a dense population of 262,546 within a 2-mile radius, with an average household income of $102,661, indicating a strong customer base. The property is across the street from various shops and dining establishments, including Gene's Sausage Shop, Merz Apothecary, and Book Cellar.
Key Highlights
- High‑traffic location: Benefit from 14,500 vehicles on Lawrence Ave and 30,100 on Western Ave.
- Co‑tenancy with Walgreens flagship location.
- Located at the entrance to Lincoln Square shops and dining.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.04 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,787
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 32%
Home Improvements & Furnishings 4%
Beauty & Spa 1%
Wendy's
Dining
16,427 visits/mo
0.4 miles
Burger King
Dining
14,996 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,360 visits/mo
0.1 miles
AutoZone
Shops & Services
7,489 visits/mo
0.0 miles
Little Caesars Pizza
Dining
7,253 visits/mo
0.2 miles
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size
This space is priced 21% below the average of $25.66 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with high visibility near Lincoln Square shops.
Where is this retail space located?
The property is located at 2338 W Lawrence Avenue Chicago, IL.
What is the lease rate?
The lease rate is $20.27 SF/Yr.
What are key features of this property?
This property features: High‑traffic location: Benefit from 14,500 vehicles on Lawrence Ave and 30,100 on Western Ave.; Co‑tenancy with Walgreens flagship location.; Located at the entrance to Lincoln Square shops and dining.
