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5015 W Lawrence Avenue

Chicago, IL 60630
  • $825,000
  • STATUS: Active
  • ON SITE: 375 Days
  • MLS #: 11171274
UPDATED: 17 min ago
$825,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Description

Great Location in Jefferson Park! Two story brick professional office building, well-maintained and conveniently located one block east of I-90 (Kennedy) and 1/2 mile to the I-94 (Edens). Short walk to Jefferson Park Metra and Blue Line train stations (2/3rd Mile). Each floor has about 4000 sq ft and currently has 4 units. (Units can easily be divided and expanded). Second floor is tenant occupied. First floor Unit #103 is available for rent. All other first floor units are tenant occupied. Four gas, forced air heating and A/C systems for the builidng (3 new in 2009). New rubber roof installed in 2009. Includes parking lot behind building for 8 cars. Zoned B3-1, allows residential units above first floor. Possible SBA 504 Eligible Project through Somercor (owner-occupied, up to 90 % financing, low long-term fixed rates up to 25 years). Ideal situation for owner user, investor, or developer.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-08-08T08:58:27.94 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5015 W Lawrence Avenue Chicago, IL 60630

  • Price: $825,000
  • Status: Active
  • On Site: 375 Days
  • Updated: 17 min ago
  • MLS #: 11171274
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,000
SQFT
$103
$/SQFT
1979
Built
Neighborhood:
Chi - Portage Park
County:
Cook
Area:
Chi - Portage Park
Property Description
Great Location in Jefferson Park! Two story brick professional office building, well-maintained and conveniently located one block east of I-90 (Kennedy) and 1/2 mile to the I-94 (Edens). Short walk to Jefferson Park Metra and Blue Line train stations (2/3rd Mile). Each floor has about 4000 sq ft and currently has 4 units. (Units can easily be divided and expanded). Second floor is tenant occupied. First floor Unit #103 is available for rent. All other first floor units are tenant occupied. Four gas, forced air heating and A/C systems for the builidng (3 new in 2009). New rubber roof installed in 2009. Includes parking lot behind building for 8 cars. Zoned B3-1, allows residential units above first floor. Possible SBA 504 Eligible Project through Somercor (owner-occupied, up to 90 % financing, low long-term fixed rates up to 25 years). Ideal situation for owner user, investor, or developer.
Exterior Features

Docks None Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 SpacesOpen Parking Total 8 Roof Rubber Roof Structure Flat

Interior Features

Cooling Central AirZoned Flooring Carpet Heat Ventilation Central Bldg HeatCentral Heat/Indiv Controls Miscellaneous Inside Multi-Tenant

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Building Area Total 8000 Built Before1978 YN No Electric Circuit Breakers Fire Protection Fire Extinguisher/SCarbon Monoxide Detector(S) Geographic Locale Chicago Northwest Gross Income 9634 Gross Scheduled Income 96023 Insurance Expense 1960 Location Mixed Use AreaPublic Transport Avail Mls Actual Status Active Net Operating Income 57604 Number Of Tenants 6 Operating Expense 38420 Ownership Types Land Trust Possible Use CommercialCondominiumOffice And Research Property Sub Type Mixed Use Rental Price 103.13 Tax Annual Amount 28230 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 8002 Township Jefferson Type Mixed Use Utilities Electric To SiteGas To SiteWater-MunicipalWater To Site Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-08-08T08:58:27.94 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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