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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3000-3002 Lawrence Ave Chicago, IL 60625

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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