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    1607 Lawndale Ave Chicago, IL 60647

    Sponsored
    For Lease
    Contact for pricing

    Prime Chicago location, multiple units available.

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1607 N Lawndale Avenue in Chicago, Illinois, offers a fantastic opportunity for businesses seeking flexible space in a vibrant Cook County neighborhood. The property boasts a total of 2,500 square feet, with multiple tenancy options available. Two spaces are currently available for lease, each ranging from 800 to 900 contiguous square feet. A significant portion of the building is vacant, totaling 1,700 square feet, presenting a unique chance to customize and design a space to perfectly suit your business needs. The property is classified as both commercial and residential, offering versatility for a range of potential uses. The convenient location in the 60647 zip code provides excellent access to local amenities and a strong customer base. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving Chicago market. The property's flexible layout and substantial vacant space allow for creative design and efficient use of the available area. Serious inquiries are encouraged to explore the possibilities of this prime retail location. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 1607 Lawndale Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Unit(s) available at that property

    Space
    Unit: #3S
    Size
    900 SF
    Space
    Unit #2E
    Size
    800 SF

    HighLights

    • Light‑filled 2- or 3‑bedroom, 1‑bathroom apartments in Logan Square/Humboldt Park.
    • Refinished hardwood floors, spacious living rooms, fresh paint, cable pre‑wiring, and new furnaces with central heating.
    • Kitchens feature newer hardwood cabinetry and countertops.
    • Bathrooms have updated fixtures and tile.
    • Pet‑friendly building with on‑site laundry and professional management.
    • No security deposit; non‑refundable move‑in fee applies; $70 application fee per person; $500 dog fee; $300 cat fee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7188423
    Latitude
    41.9102873

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    FAQs

    What type of property is this?
    Retail property - Prime Chicago location, multiple units available.
    Where is this retail property located?
    The property is located at 1607 Lawndale Ave Chicago, IL.
    What are key features of this property?
    This property features: Light-filled 2- or 3-bedroom, 1-bathroom apartments in Logan Square/Humboldt Park.; Refinished hardwood floors, spacious living rooms, fresh paint, cable pre-wiring, and new furnaces with central heating.; Kitchens feature newer hardwood cabinetry and countertops.
    Request Owner's contact information
    1607 Lawndale Ave Chicago, IL 60647
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    Chicago, IL 60647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1607 Lawndale Ave Chicago, IL 60647
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