3000-3002 Lawrence Ave Chicago, IL 60625
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 3000-3002 Lawrence Ave
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional retail property, located at 3000-3002 W Lawrence Avenue in Chicago's vibrant Albany Park neighborhood, presents a compelling investment opportunity. The property encompasses a 15,525 square foot lot and includes approximately 1,450 square feet of street-level retail space, currently vacant and in move-in ready condition. Situated at a heavily trafficked intersection with excellent pedestrian access, this location benefits from its proximity to Lawrence Pointe Tower and a bustling business district. The property's central location offers easy access to downtown Chicago, I-90, I-94, Lake Shore Drive, and O'Hare Airport. The annual property assessment is approximately $1,000, while the 2022 real estate taxes totaled $8,588. This combined retail space is part of a mixed-use building in a densely populated area with a high concentration of businesses, shops, and residential units. Convenient access to public transportation, retail amenities, and entertainment options further enhances its appeal. Interior access requires pre-approval from a financial institution demonstrating the buyer's capacity to purchase. This is a gross lease property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7037
- Latitude
- 41.9686
