1620 W. Lawrence Avenue, Chicago, IL

Land for Lease - $10,115 Month - 7,140 SqFt Available


Agent Info

Bill Hynes
Compass

Property Info

CIMLS#480452
Location
  1620 W. Lawrence Avenue
  Chicago IL 60640
UpdatedOctober 19th, 2023
TypeLand
Price$10,115 Month
Building7,140 SqFt

Property Description

Fantastic commercial ground lease opportunity in Ravenswood/Uptown. The lot is 55 x 130 or approx. 7,140 SF of land with a 600 SF building currently on site. The asking lease rate is $17 NNN per SF of Land or about $10k per month. The building can be torn down for your use. Heavy vehicle traffic with a population of over 71,000 within 1 mile and an average household income of $88,773. B3-1.5 zoning permits a variety of uses including restaurant, retail and office. Only two blocks to the Metra/Lawrence stop, this site is close to public transportation and a short walk to Lincoln Square shops and restaurants.