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    1964 W Lawrence Avenue

    Chicago, IL 60640
    • $799,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 11010380
    UPDATED: 115 min ago
    $799,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Surrounded by new development including Devry's new $20M campus and tons of new, luxury residential units within blocks. Located on Lawrence, just east of Damen. Fully leased Commercial space (3200 sf) with brand new five year lease. Existing kitchen has black iron, 16 ft. hood, two walk in coolers and large, old school pizza oven. Lots of space for storage and entire back room can be turned into a cooler for wholesale work or large prep. Large Front windows plus dining area includes two ADA bathrooms with double stalls. Recently Renovated Second level contains large 3BD/1BA apartment with long term tenants and rear outdoor patio. Building runs lot line to lot line. 0.2 Miles to the Damen Brown Line CTA Station, 0.2 Miles to the Ravenswood Metra Station, multiple bus stops and Divvy stations plus close access to Lake Shore Drive. Area tenants include: Goundswell Coffee Roasters, CVS, Wendy's, Rock N Roll Vintage Chicago Guitar Shop, Band of Bohemia, Chase Bank, Mariano's, Sears Auto Center and much more.

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    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-14T23:52:21.077 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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    1964 W Lawrence Avenue Chicago, IL 60640

    • Price: $799,000
    • Status: Active
    • Updated: 115 min ago
    • MLS #: 11010380
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,800
    SQFT
    $166
    $/SQFT
    1910
    Built
    Neighborhood:
    Chi - Lincoln Square
    County:
    Cook
    Area:
    Chi - Lincoln Square
    Property Description
    Surrounded by new development including Devry's new $20M campus and tons of new, luxury residential units within blocks. Located on Lawrence, just east of Damen. Fully leased Commercial space (3200 sf) with brand new five year lease. Existing kitchen has black iron, 16 ft. hood, two walk in coolers and large, old school pizza oven. Lots of space for storage and entire back room can be turned into a cooler for wholesale work or large prep. Large Front windows plus dining area includes two ADA bathrooms with double stalls. Recently Renovated Second level contains large 3BD/1BA apartment with long term tenants and rear outdoor patio. Building runs lot line to lot line. 0.2 Miles to the Damen Brown Line CTA Station, 0.2 Miles to the Ravenswood Metra Station, multiple bus stops and Divvy stations plus close access to Lake Shore Drive. Area tenants include: Goundswell Coffee Roasters, CVS, Wendy's, Rock N Roll Vintage Chicago Guitar Shop, Band of Bohemia, Chase Bank, Mariano's, Sears Auto Center and much more.
    Exterior Features

    Parking Total 0

    Interior Features

    Cooling Central Air Electric Separate Meters Fire Protection Other Heat Ventilation Central Heat/Indiv Controls Number Of Apts 1 Number Of Offices 1 Number Of Stores 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 6.62 Electric Expense 0 Existing Lease Type Modified Gross Expense Year 2019 Fuel Expense 0 Geographic Locale Downtown Chicago Gross Income 70800 Gross Scheduled Income 70800 Insurance Expense 2000 Lot Size Dimensions 25X125 Net Operating Income Year 2019 Operating Expense 17926 Other Expense 500 Tax Annual Amount 14426 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatScavengerSewer Total Monthly Income 5900 Trash Expense 0 Water Sewer Expense 1000 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-14T23:52:21.077 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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