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3200 Lawrence Ave Chicago, IL 60625-5209
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Property profile & analytics

3200 Lawrence Ave Chicago, IL 60625-5209


  • Retail residential properties
  • 9,300 SF
  • 0.29 lot acres
Off-Market
Property ID
US28-5255965
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.

Value Estimations
$1,980,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Brazilian Bowl / Restaurant

Property Details for 3200 Lawrence Ave

Year built
1921
Lot size
0.29 lot acres
Property size
9,300 SF
Property type
Retail residential properties
APN
13-11-431-023
APU
1311431023

Description

This exceptional 2,000-square-foot retail or restaurant space in Chicago's vibrant Lawrence Avenue corridor presents a unique investment opportunity. Located at 3200 W Lawrence Ave, this single-tenant property boasts a highly visible location at a four-way stoplight intersection, offering excellent frontage along both Lawrence and Kedzie Avenues. Benefit from the substantial pedestrian and vehicular traffic, with a daily count exceeding 28,000 vehicles. The property's strategic placement offers easy access to public transportation, situated a mere three-minute walk from the Kedzie Brown Line L-stop, ensuring convenient access for customers and employees. The space itself is well-appointed, featuring an impressive 11-foot ceiling height and a 17-foot hood, ideal for restaurant operations. A full basement provides ample storage, while a single parking space and a convenient loading area are located at the rear of the three-story building. The property is zoned B1-2 and offers 200 amps of single-phase power and 100 amps of three-phase power. This Cook County property (zip code 60625) is ready for immediate occupancy. Don't miss this chance to secure a prime location in a bustling Chicago neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,615,000
    6.5%
    $2,415,000
    7%
    $2,240,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7088
Latitude
41.9687
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
$62,383
$22,536
$265,179
$287,715
-
$225,360
$2,651,790
$2,877,150
More about this property
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