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    OFF-MARKET
    Retail properties & Spaces

    1973 Lawrence Ave, Chicago, IL 60640

    5,140 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,550-square-foot retail space is ideally situated at the highly visible corner of Lawrence and Damen Avenues in Chicago's vibrant Ravenswood neighborhood, bordering Lincoln Square. Boasting a prime location with over 27,000 vehicles passing daily, this single-tenant property offers excellent street frontage on both Lawrence and Damen. The building itself comprises 5,140 square feet across two stories, with the retail space occupying the ground floor. Its B1-2 zoning allows for a variety of uses, making it suitable for a coffee shop, cafe, small restaurant, medical or dental office, or other retail businesses. The property benefits from its proximity to public transportation, including the Damen Brown Line CTA station and the Ravenswood Metra station, both within a two-block radius, providing easy access to downtown Chicago. Nearby amenities include Winnemac Park and established businesses such as CVS, Bank of America, and Mariano's. The space is immediately available. This location is perfect for businesses seeking high visibility and convenient access to a thriving, densely populated area known for its young families and professionals. The address is 1973 W Lawrence Ave, Chicago, IL 60640.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,140 SF
    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
    Current use
    Occupant on record · Public records
    • T-Mobile Mobile Phone Store Electronics & Wireless Store
    • Wireless Vision Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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