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    OFF-MARKET
    Retail properties & Spaces

    1802 Lawrence Ave, Chicago, IL 60640

    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,652 square foot retail space is located at 1802 W Lawrence Ave, Chicago, IL 60640, in Cook County. The property is a single-tenant building, previously occupied by a Sears Tire & Battery Center. Its prime location within a Mariano's/LA Fitness anchored center in the rapidly developing Ravenswood neighborhood ensures high foot traffic and excellent visibility. The building benefits from ample surface and deck parking, making it ideal for a variety of uses including auto service, medical, veterinary, or entertainment businesses. The property offers significant daily traffic and the opportunity for monument signage. Its strategic position across the street from the Ravenswood Metra Station further enhances its accessibility and appeal. A tenant allowance may be available, contingent upon the guarantor's creditworthiness. This flexible space presents a unique opportunity for businesses seeking a high-traffic location with strong visibility in a thriving neighborhood. The property type is classified as Retail with a flexible subtype.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    • Sears Appliance Repair Hardware & Home Improvement HVAC Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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