Property profile

1101 Lawrence Ave Chicago, IL 60640

OFF-MARKET
Retail properties & Spaces
30,000 SF
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Property summary

AI-generated overview

This exceptional 2,800-square-foot commercial space is located at 1101 W Lawrence Ave in Chicago's vibrant Uptown Entertainment District. Situated on the ground floor of a three-story mixed-use building, this former bank branch boasts a prime corner location at the intersection of Lawrence and Winthrop Avenues, ensuring high visibility and excellent signage opportunities. The space features several existing offices, an employee break room, and two ADA-compliant bathrooms, along with teller counters that could be repurposed. Large windows provide abundant natural light, making it ideal for a variety of uses, including retail, traditional office, or creative office spaces. The building is zoned B3-3 within Cook County, Illinois (zip code 60640). This property benefits from its proximity to iconic venues like the Aragon Ballroom, Uptown Theatre, and Riviera Theatre, guaranteeing high foot traffic and brand visibility. The lease includes the potential for additional parking spaces within the building and a possible signage opportunity along the new Lawrence Avenue El Train platform. The total building size is 30,000 square feet, with this single-tenant space offering 2,800 square feet of immediately available space. There are no elevators in the building. This is a unique opportunity to establish a presence in a thriving and culturally rich neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Total area 30,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Loan Service
  • Marketing & Advertising IT Consulting Firm
  • Loan Service Bank
  • High School

Location

1101 Lawrence Ave Chicago, IL 60640
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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