1802 Lawrence Ave, Chicago, IL 60640
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.
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Sears Appliance Repair Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.