2401 W Lawrence Avenue
Chicago, IL 60625

Tools & Resources:

Description

Prime Value-Add Opportunity in Lincoln Square! This one- and part two-story, 12,000 SF mixed-use building offers an exceptional investment or owner-user opportunity in the heart of Chicago's highly sought-after Lincoln Square neighborhood on prominent location at the southwest corner of Western and Lawrence. 10,845 SF site zoned B3-3, the property features six commercial units (3 currently combined for tenant) on the ground floor and two residential apartments upstairs: a 2BR/1BA and a 3BR/1BA. This property offers strong rental income potential and an ideal location in one of Chicago's most vibrant communities.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60625
• Year Built: 1915
• Sq.Ft.: 11,805 sq ft
• Stories: 2
• Units: 6 units
• Zoning: COMMR
• # Of Apts: 2
• # Of Offices: 2
• # Of Stores: 2
• Approximate Age: Older
• Building Area Total: 11805
• Built Before 1978 (Y/N): Yes
• Cooling: Central Air
• Directions: Western Ave. to Lawrence. Property on southwest corner.
• Geographic Locale: Chicago North
• Gross Income: 219477
• Gross Rent Multiplier: 10.9
• Gross Scheduled Income: 219477
• Heat/Ventilation: Forced Air
• Information: Other-See Remarks
• Lot Size Square Feet: 10908
• Main Type: Commercial Sale
• Outdoor Parking: 1-5 Spaces
• Property Sub Type: Mixed Use
• Tax Annual Amount: 43174.23
• Tax Year: 2024
• Total Monthly Income: 18290
• Township: Jefferson