Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4725 Lawrence Ave Chicago, IL 60630
    Property profile & analytics

    4725 Lawrence Ave Chicago, IL 60630

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 4725 Lawrence Ave

    Year built
    2007
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional Class A office space, located at 4725 W Lawrence Ave in Chicago's vibrant Cook County, offers 1,250 square feet of immediately available, move-in ready space. Built in 2007, the property boasts a desirable location with excellent Lawrence Avenue frontage. The suite features a complete build-out, eliminating the need for costly renovations, and offers the convenience of a separate HVAC system for optimal climate control. The building itself is a multi-tenant property with a total of five suites, ensuring a professional and well-maintained environment. This versatile space is suitable for a variety of uses, including traditional office, executive office, medical office, coworking, or creative office settings. The property's classification as Class A reflects its high-quality construction and amenities. The address is 4725 W Lawrence Ave, Chicago, IL 60630, within Cook County. This is a rare opportunity to secure a fully prepared, high-quality office space in a prime Chicago location. The maximum contiguous square footage available is 1,250 square feet. Don't miss this chance to establish your business in this thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7465
    Latitude
    41.9681

    Comparable in this City

    • Value Estimation by Request
      30,000 SF

      4813 Milwaukee Ave

      Office Spaces • 30,000 SF
      4813 Milwaukee Ave, Chicago, IL 60630
      View Details
    • Value Estimation by Request
      2,790 SF

      5466 Milwaukee Ave

      Office Spaces • 2,790 SF
      5466 Milwaukee Ave, Chicago, IL 60630
      View Details
    • Value Estimation by Request

      4825 Austin Ave

      Office Units
      4825 Austin Ave, Chicago, IL 60630
      View Details
    • Value Estimation by Request
      33,000 SF

      5246 Elston Ave

      Office Units • 33,000 SF
      5246 Elston Ave, Chicago, IL 60630
      View Details
    • Value Estimation by Request

      4422 Milwaukee Ave

      Individual retail properties
      4422 Milwaukee Ave, Chicago, IL 60630
      View Details
    • Value Estimation by Request
      3,200 SF

      5207-5209 Milwaukee Ave

      Individual retail properties • 3,200 SF
      5207-5209 Milwaukee Ave, Chicago, IL 60630
      View Details

    Similar Nearby for Sale

    • $650,000

      Turn-Key Dental Office For Sale

      Standalone dental office in Jefferson Park with included equipment.
      5521 North Milwaukee Ave, Chicago, IL 60630
      View Details
    • Contact for pricing
      1,350 SF

      Turn-Key Dental Office For Lease

      Dental office for lease in Jefferson Park, Chicago.
      5521 N Milwaukee Ave, Chicago, IL 60630
      View Details
    • $4,000,000
      10,880 SF

      Chicago Retail Investment Opportunity

      CVS-Leased Portage Park Property
      4777 Milwaukee Ave, Chicago, IL 60630
      View Details
    • $1,099,000
      0.09 Acres

      Mixed-Use Building in Gladstone Park

      Income-generating, fully leased mixed-use building in the heart of Gladstone Park.
      5481 N Northwest Hwy, Chicago, IL 60630
      View Details
    • $1,095,000
      0.47 Acres

      Pulaski Road Commercial Opportunity

      Versatile commercial property with restaurant, banquet hall, and parking.
      4461 N Pulaski Rd, Chicago, IL 60630
      View Details
    • Contact for pricing
      4,500 SF

      Redevelopment Opportunity in Jefferson Park

      Mixed-use redevelopment site with potential for luxury apartments.
      4774 N Milwaukee Ave, Chicago, IL 60630
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      IL, Chicago - Jefferson Park

      Flexible workspace in AZ, Sun City - West Palmeras Dr
      4849 Milwaukee Ave, Chicago, IL 60630
      View Details
    • $25 SF/Yr
      500 SF

      Retail/Office Space in Portage/Jefferson

      Affordable 510 SF retail/office space in high-traffic location.
      5067 W Agatite Ave, Chicago, IL 60630
      View Details
    • $25 SF/Yr

      Retail/Office Space in Portage Park

      Affordable retail or office space in a high-traffic location.
      4429 North Milwaukee Ave, Chicago, IL 60630
      View Details
    • $550 /Mo
      820 SF

      Renovated Office Space Available

      Newly renovated office space for rent with parking.
      4401-15 W Lawrence Ave, Chicago, IL 60630
      View Details
    • Contact for pricing

      Mayfair Office with Fenced Lot

      2,229 SF office with 8,000 SF fenced lot included.
      4414 N Kenneth Ave, Chicago, IL 60630
      View Details
    • $18 SF/Yr

      Albany Park Renovated Office Space

      Move-in ready office space in Albany Park with included utilities.
      4403 W Lawrence Ave, Chicago, IL 60630
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4725 Lawrence Ave
    Chicago, IL 60630
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4725 Lawrence Ave, Chicago, IL, 60630
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!