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Property Description
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.
Full Property Details
Full Property Details for 3240 W Lawrence Ave
General
- Price: $20
- Taxes: $91,811 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12357768
- Updated: 11/7/2025
- Added to Site: 253 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: CHI - Albany Park
- County: Cook
- Driving Directions: Lawrence Ave to the property (3240 W. Lawrence)
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 14
- Stories/Levels: 5
- Year Built: 1920
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Frontage: City Street
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1920
- Tax Amount: $91,811.2
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Operating Stops, Insurance, Scavenger, Tax Stops, Varies by Tenant
Disclosures and Reports
- Documents Avail.: Demographics, Floor Plan, Tax Bill, Traffic Counts
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 3240 W Lawrence Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hibbard Elementary School 3244 West Ainslie Street, Chicago, IL 60625 | PK-6 | 0.1 mi |
Albany Park Multicultural Elementary School 4929 North Sawyer Avenue, Chicago, IL 60625 | 7-8 | 0.2 mi |
Roosevelt High School, Chicago, IL 3436 West Wilson Avenue, Chicago, IL 60625 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3240 W Lawrence Ave
Date
Details
Price
Change
Source
5/07/2025
Listed
$20
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3240 W Lawrence Ave
3240 W Lawrence Avenue, Chicago, IL 60625 (MLS# 12357768) is a Commercial Lease property. 3240 W Lawrence Avenue is currently listed for $20 and was received on May 07, 2025. Want to learn more about 3240 W Lawrence Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

