1956 W Lawrence Avenue # STORE Chicago, IL $ 925,000
1956 W Lawrence Avenue # STORE
$ 925,000
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1956 W Lawrence Avenue # STORE

Chicago, IL, 60640
$ 925,000
Baths0.0 Sq 15,000

Monthly Estimate*

$ 6,148

1956 W Lawrence Avenue # STORE, Chicago, IL 60640 - Image 1
1956 W Lawrence Avenue # STORE, Chicago, IL 60640 - Image 2
Studio

Commercial Property for sale in Chicago, IL

for $925,000. This 15,000 square foot building was built in 1997 on a lot size of 0.217585.

4,212 SF retail/office storefront currently leased to publicly traded company until 4/30/27! Coupon clipper. Tenant is open to early termination for owner-occupier. Located on the ground floor of a 19,000 SF, 3-story mixed-use condo building. Space can be divisible down to 1,280 SF. 65'+ of frontage with large front windows. 10' ceilings with dropped acoustic tile grid, 13' to beams above. Currently setup as one space with three entrances. Basement below with separate rear entrance for storage & plumbing access. This site is located on a busy stretch of Lawrence Avenue between Damen and Ravenswood Avenue. Great access to all transportation modes including CTA bus lines on Lawrence & Damen, Damen/Wilson Brown line subway station, two blocks from the Ravenswood Metra station. Nearby businesses including CVS, T-mobile, Cricket Wireless, Mariano's, LA Fitness, Chase Bank, Lycee Francais and numerous neighborhood restaurants and local businesses.

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Commercial Active

Price

$ 925,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 40,169

Style

Commercial

Lot Size

0.217585

Year Built

1997

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12048866

Features
General
Cooling Central Air Central Individual
Possession Closing Immediate
Zoning RTAIL
Construction Materials Brick
Year Built 1997
Electric Circuit Breakers Separate Meters Service - 201 to 600 Amps
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Repairs Scavenger Tax Stops
Stories 3
Township Lake View
Unit Number STORE
Property SubType Condominium
Tax Year 2022
Current Use Commercial
Gross Income 92340
County Cook
Net Operating Income 50000
Operating Expense 5000
Property Type Commercial Sale Retail/Stores
Status Active
Directions On the north side of Lawrence Avenue 1/2 block east of Damen Avenue.
City Chicago
Total Units 1
MLS Area CHI - Lincoln Square
Lot Size Square Feet 9478
Street Name Lawrence
Tax Annual Amount 40169
Additional Parcels Y/N N
Leasable Area 4212
Days on Market 6
Lease Type N/A
Standard Status Active
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Interior
Flooring Carpet Concrete
Street Suffix Avenue
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Exterior
Building Area Total 15000
Lot Dimensions 9478
Frontage Type City Street Signal Intersection
Exterior Brick
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* Excluded Features
List By
Hrg Realty Management Llc

Broker

jmichael@horizonrealtygroup.com

Email

Affordability Calculator

$9,495
Per Month
65%
35%
0%
Monthly Principal & Interest
$6,148
Monthly Property Taxes
$3,347
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$925,000 Listed Price

Map


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1956 W Lawrence Avenue # STORE, Chicago, IL, 60640 is a Commercial Property for sale at $925,000 with 15,000 sqft and a lot size of 0.217585. 1956 W Lawrence Avenue # STORE is a studio with 0.0 baths and was built in 1997. The property's zip code is 60640 which is in Chicago, IL