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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3201-3213 Lawrence Ave Chicago, IL 60625

33,794 SF 0.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Chicago retail investment opportunity encompasses a 33,794 square foot property situated on a 0.646-acre lot. The property consists of four buildings located at 3201-3213 W Lawrence Ave and 4738-4752 N Kedzie Ave, Chicago, IL 60625, with addresses including 4738-46 N Kedzie, 4748-50 N Kedzie, and 4752 N Kedzie. The buildings feature a mix of street-level retail spaces and upper-level apartments, offering diverse income streams. Building features include approximately 220 feet of frontage on Kedzie Avenue and approximately 125 feet of frontage on Lawrence Avenue. The property is zoned B3-2 & B1-2, providing flexibility for future development or continued operation as a retail center. The current annual income from tenants exceeds $460,800, with long-term tenants currently on month-to-month leases, but open to longer-term agreements. A detailed rent roll is available upon request. The property's prime location benefits from high vehicular traffic counts on both Kedzie (14,300 VPD) and Lawrence (13,700 VPD) Avenues, and its proximity to the Kimball & Kedzie Brown Line station makes it an attractive Transit-Oriented Development (TOD) site. The asking price is $5,500,000, representing a price per square foot of $195.48. The property's Parcel Identification Numbers (PINs) are 13-14-206-018, 13-14-206-019, 13-14-206-020, and 13-14-206-021. This property presents a compelling opportunity for both income generation and potential redevelopment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 33,794 SF
Lot 0.65 ac (28,140 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
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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