Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12357768
Images
Request Info3240 W Lawrence AvenueChicago, IL 60625
Commercial$19
Active
3240 W Lawrence Avenue Overview
- Time on Site:
- 417 days
- Visits:
- 6
The building is being redeveloped. This 1st floor retail space can be laid out in several floor plans. Ownership will work with a tenant to customize the layout. There is currently a loading dock that can be allocated to this space as the upper floors will be residential apartments. The space delivery is anticipated to be late winter/spring 2025. There is 1,500 sft of Lower Level storage available at $8/SFT. The buildings front facade will be upgraded. Take advantage of the heavy walk by traffic in this densely populated Albany Park neighborhood.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
3240 W Lawrence Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Modified Gross
- Net Operating Income: 0
Building Information
- Year Built: 1920
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Albany Park
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Scavenger, Tax Stops, Varies by Tenant
Tax Information
- Tax Annual Amount: $91,811.20
- Tax Year: 2023
General Information
- Property Sub Type: Other
- Property Type: Commercial Lease
Interior
General Information
- Cooling: Central Individual
- Electric: Circuit Breakers
- Foundation Details: Concrete Perimeter
- Leasable Area: 2500
- Stories: 5
Unit Information
- Unit SqFt.: 3000
Exterior
Lot Information
- Frontage Type: City Street
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Utilities: Electric to Site,Natural Gas Available,Water Available
3240 W Lawrence Avenue Neighborhood
Community
60625 (Chicago) Demographics
35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3240 W Lawrence Avenue Market Data
Based on the last 30 days in this zip code
$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
3240 W Lawrence Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/13/2025Source: MRED | Active |
|
| 5/8/2025Source: MRED | May 08, 2025 |
|
| 7/8/2022Source: MRED | Closed |
|
| 6/28/2022Source: MRED | Pending |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 5/5/2022Source: MRED | Contingent |
|
| 2/7/2022Source: MRED | $1,400,000 -26.3% |