Prime Retail Space
For Lease
Contact for pricing
7723 W Lawrence Ave, Norridge, IL 60706
Retail space in a high-traffic, residential area.
Space Size3,726 SF
Days on Market747
Property Features for 7723 W Lawrence Ave
General Information
Standard status
Active
Size
3,726 SF
Property subtype
Retail, Office
Lease Type
Gross
Building Details
Tenancy
Single
Spaces For Lease
at 7723 W Lawrence Ave Contact us- Size
- 3,726 SF
- Type
- Office, Retail
- Lease Type
- Gross
- Availability
- Active
Available Space
Listing Agency:
RE/MAX Suburban
Listed By:
Jason Bitton · License #IL475170841
(847) 367-8686
Source:
Crexi
Added: Aug 21, 2024
Changed: Aug 28
Last Checked: Sep 1 at 5:49AM
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 RE/MAX Suburban
Investment Insights
Based on property information with market context.
This 3,726 square foot ground-floor retail unit is located in a busy strip center within a dense residential area. The space features large display windows across the entire frontage, maximizing visibility and natural light. A 2,800 square foot basement is included at no extra cost, suitable for storage or additional operational space, bringing the total usable area to 6,526 square feet. The property is suited for various retail uses, offering convenience and functionality in a prime location. The combination of residential density and high visibility creates an environment for business success.
Key Highlights
- Prime location in a bustling strip center within a dense residential area.
- Expansive display windows across the entire frontage for maximum visibility and natural light.
- Large 3,726 SF ground‑floor unit.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.38 /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
$27.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,555 SF
Avg Space Size
This space is priced 17% below the average of $27.1 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a high-traffic, residential area.
Where is this retail space located?
The property is located at 7723 W Lawrence Ave Norridge, IL.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Prime location in a bustling strip center within a dense residential area.; Expansive display windows across the entire frontage for maximum visibility and natural light.; Large 3,726 SF ground‑floor unit.
