3654-58 Lawrence Avenue, Chicago, 60625

$1,300,000 - Mixed Use For Sale

$1,300,000

Beds
Baths
9,436Sqft
1928Built
MLS® #: 10456732
Active

7.89% Cap Rate, 9.85% GRM and $102,529 NOI in Albany Park, East of Pulaski. This corner brick 2 story building features 2 retail stores consist of 4150 in total SF, 7 apartments: 1 (3/1), 5 (2/1), and 2 (1/1). All 7 residential units are leased to long term tenants (way below market rent), all units have central heating and window AC units, 10' ceilings. M & J Liquor's & T&B restaurant's leases are good through 8/23 & 1/24 respectively, central HVAC units for these two retail stores & unfinished basement. Newer Roof. Note that, Seller owns the restaurant kitchen equipments and refrigerations. 58x125 lot size. Upgrades are needed to maximize rental incomes. Perfect for investors who are looking to buy and hold, or a good value-added investment.

Additional Information: This property is located in the CHI - Albany Park neighborhood, IL. This bedrooms mixed use property is priced at $137.8/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10456732
Price: $1,300,000
Taxes: $13,623
Square Footage: 9,436
Acres: 0.00
Year Built: 1928
Type: Commercial
Sub-Type: Mixed Use
Status: Active

Community Information

Address: 3654-58 Lawrence Avenue
Area: CHI - Albany Park
City: Chicago
County: Cook
State: IL
Zip Code: 60625

Amenities

Utilities: Electric to Site, Gas to Site

Interior

Heating: Forced Air, Gas
Cooling: Central Air, Window Unit/s
# of Stories: 2
Stories: 2

Exterior

Exterior: Brick
Lot Description: Corner, Mixed Use Area
Roof: Flat
Construction: Brick, Concrete
Foundation: Concrete

Additional Information

Zoning: COMMR

Listing Details

Listing Office: Dream Town Realty

Financials

$/SqFt: $138

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Listing information last updated on April 4th, 2020 at 7:20pm CDT.