Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 3240 W Lawrence Avenue (the “Property”), an urban redevelopment prominently located in Chicago’s Albany Park neighborhood.

The ±28,860 square foot, five-story mixed-use property is situated upon ±6,250 square feet of land with 50 feet of frontage along Lawrence Avenue. The Property’s first floor consists of a retail space totaling ±5,000 square feet with a loading dock in the back. The second through fifth floors are raw spaces used for storage with approx. 5,772 SF floor plates. The existing retail tenant is on a month-to-month basis so the building can be delivered fully vacant and ready for redevelopment. The building has an industrial style freight elevator in the middle of the floorplate and a large loading dock making it a prime candidate for self-storage or warehouse use.

Located 8-miles northwest of the Chicago CBD ‘Loop’, the Albany neighborhood is home to vibrant commercial corridors on Lawrence and Kedzie Avenues. The historic neighborhood is one of the City of Chicago’s priority areas for redevelopment and public investment. The Property benefits from Albany Park’s diversified and dense demographics. The Property is in a Transit Oriented Development (TOD) zone due to its proximity to the Kimball and Kedzie brown line stations.