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4518 Lawrence Ave Chicago, IL 60630-2517

OFF-MARKET Retail space Google Maps
2,100 SF 0.1 ac lot Built 1924
Entity Owned ~ Est. High Equity
Estimated value (blended)
$225k
Range $203k – $248k (±10%)
Property ID US28-5527186

Property summary

AI-generated overview

This exceptional retail property, located at 4518 W Lawrence Ave in Chicago, Illinois, presents a compelling investment opportunity. The 2,000-square-foot building is situated on a 4,375-square-foot lot, offering ample space for a variety of retail uses. Large storefront windows flood the interior with natural light, creating a bright and inviting atmosphere for customers. The open floor plan provides maximum flexibility for tenant customization, allowing for easy adaptation to diverse business needs. A significant advantage is the inclusion of a convenient drive-in door, enhancing accessibility and operational efficiency. Rear parking is also available, addressing the crucial need for customer and employee parking in a busy commercial area. Currently occupied by a month-to-month tenant, this property offers immediate income potential and the flexibility to adjust lease terms in the future. The property's prime location on Lawrence Avenue in Cook County, zip code 60630, ensures high visibility and accessibility to a substantial customer base. This is an ideal opportunity for investors seeking a well-located, versatile retail space with strong potential for growth and return. The asking price is $345,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1924
Total area 2,100 SF
Lot 0.1 ac (4,375 SF)
APN 13-10-311-035
UPID US28-5527186

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2025
Last sale
$300,000
5 recorded transactions
2025
$300,000
2024
$225,000
2017
$225,000
2016
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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