Property summary
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
VerifiedCap rate & NOI
Current use
-
Mobile Phone Store Electronics & Wireless Store
-
Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.