3711 W Lawrence Ave - Office/Residential FOR SALE


Chicago, IL 60625
$1,100,000 USD
773-396-4833
3711 W Lawrence Ave, Chicago, IL for Sale
$1,100,000 USD
Office/Residential - FOR SALE
1/7
null | 12.38% Cap Rate

3711 W Lawrence Ave
Chicago, IL 60625


HIGHLIGHTS

  • HEAVY DAYTIME FOOT TRAFFIC
  • PLENTY OF NATURAL LIGHT
  • OPEN FLOOR PLAN WITH EXPOSED BRICK WALLS

OVERVIEW

Prime location in Jefferson featuring a free-standing building on approximately 3,000 square feet. The building comes with over 20 parking spaces, situated on a lot sized 100x125, totaling approximately 12,500 square feet. Zoned B1-2, this meticulously maintained property opens up numerous possibilities for new development, including condos, commercial retail spaces, strip centers, banks, drive-thru restaurants, and more. This presents an excellent investment opportunity, with anticipated income growth at a rate equal to or potentially exceeding current levels. The property is conveniently located near national retailers, close to downtown, and easily accessible from the expressway.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

12.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Day Care Center, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,104 SF

ZONING

B1-2

APN/PARCEL ID

13-14-104-009-0000,13-14-104-010-0000,13-14-104-011-0000

ASK ABOUT THIS PROPERTY

Adrianne HanMega USA Properties, Inc.More Info
773-396-4833

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Adrianne HanMega USA Properties, Inc.More Info
773-396-4833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.