3600 W Lawrence AVE new

Chicago,IL 60625

$ 1500000

- Bed

0 Bath

10150 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,150 sqft

Price per Sqft $147

MLS Listing ID 12390371

Year Built 1920

Annual Tax Amount $19,804

Tax Year 2023

Lot Dimensions 83X

Property Sub-Type Mixed Use

Property Description

Amazing investment opportunity in Albany Park! Own a three-story apartment building with 83' of commercial frontage along Lawrence Avenue. The building includes 5 storefronts, 8 studios, and 2 two-bedroom apartments. The property includes a large fenced lot for parking in the rear for approx. 16 vehicles. Currently there are 2 vacant studios and 2 vacant storefronts. Add value through leasing of vacant units, unit renovations & rent increases. Each unit has individual furnaces. This corner property is located half a mile from the Kimball Station CTA Brown Line (6-minute walk). The immediate area is lined with long term established neighborhood restaurants including Chicago Kalbi, Cardona's Restaurant, Peking Mandarin Restaurant, Great Sea Restaurant, Nighthawk, Kabobi Persian, Lawrence Fish Market, and Noon o Kabob Chicago.

Location

State IL

County Cook

Area Chi - Albany Park

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 3

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