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Property profile & analytics

3322 Lawrence Ave Chicago, IL 60625

  • Office buildings
  • 19,200 SF
  • 0.12 lot acres
OFF-MARKET
Value Estimation
$690,000
Last Sale
Oct 05, 2023
Location Intelligence
Property ID
US28-2414602
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 3322 Lawrence Ave

Year built
1928
Lot size
0.12 lot acres
Property size
19,200 SF
Property type
Office buildings
APN
13-11-429-025
APU
1311429025

Description

This exceptional mixed-use property, located at 3322 W. Lawrence Ave in Chicago's Albany Park neighborhood, presents a unique redevelopment opportunity. The four-story building, plus basement, boasts a striking terra cotta facade and was originally constructed in the late 1920s. With a total of 19,500 square feet situated on a 5,125 square foot lot, the property offers significant potential for various uses. Its B1-2 zoning allows for flexible mixed-use development, catering to a range of commercial and potentially residential applications. The building's prime location directly across from the Kimball CTA Brown Line Station ensures excellent visibility and accessibility, attracting a wide range of potential tenants and customers. Its proximity to major transportation arteries, including I-94, and O'Hare International Airport (approximately 30 minutes away), further enhances its appeal. This is a chance to revitalize a historic landmark in a thriving community, offering a compelling investment opportunity for discerning developers seeking a high-impact project in a rapidly growing area of Chicago. The property's size and zoning flexibility make it ideal for a variety of innovative redevelopment plans.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $660,000
  • CAP approach

    CAP return
    Estimation
    6%
    $720,000
    6.5%
    $715,000
    7%
    $835,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $890,000
    Geo Method
    $730,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $875,000
    Retail
    $715,000
    Mixed-Use
    $795,000
    Hospitality
    $685,000
    Educational
    $845,000
    Residential Income
    $685,000
    Energy
    $915,000
    Income-Based Land
    $905,000
    Food Service
    $660,000

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.712
Latitude
41.9687
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$129,914
$23,292
$575,883
$599,175
-
$93,168
$2,303,532
$2,396,700
More about this property
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