1724 W Lawrence Ave Chicago, IL 60640
Property profile & analytics
1724 W Lawrence Ave Chicago, IL 60640
- Retail space
- 4,900 SF
- 0.16 lot acres
Property ID
US28-0363117
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
Property Details for 1724 W Lawrence Ave
- Year built
- 1968
- Lot size
- 0.16 lot acres
- Property size
- 4,900 SF
- Property type
- Retail space
- APN
- 14-07-422-024
- APU
- 1407422024
Description
This exceptional 2,248-square-foot retail space is ideally situated at 1724 W Lawrence Avenue in Chicago, Illinois, within Cook County. The property is a single-tenant building, offering complete occupancy for a prospective lessee. The entire 2,248 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for businesses seeking a prominent location in a vibrant Chicago neighborhood. The property's address is conveniently located at 1724 W Lawrence Ave, Chicago, IL 60640, offering excellent visibility and accessibility for customers. This retail space is perfect for a variety of businesses seeking a well-positioned storefront in a bustling area. The property's single-tenant nature ensures exclusive use and control of the entire space, providing flexibility in design and layout to suit specific business needs. The building's size is well-suited for a range of retail concepts, from smaller boutiques to larger retail operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property is classified as retail and is available for lease. Its location in Cook County, Illinois, provides access to a substantial customer base and strong infrastructure. This is a rare opportunity to secure a significant retail presence in a desirable Chicago neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,955,000
- ML approach
- $2,045,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,954,000
Market price range: $789k - $1.95M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,390,000 Current use
- COMMERCIAL (GENERAL)
- $1,660,000 Change: +20% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,170,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6722
- Latitude
- 41.969
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$39,450
$86,625
$98,901
$185,526
-
$346,500
$395,604
$742,104
