3501 Lawrence Avenue

    Chicago, IL 60625
    • $1,999,000
    • STATUS: Active
    • ON SITE: 211 days
    • MLS #: 10313227
    UPDATED: 41 min ago
    $1,999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 26,000
      SQFT
    • $77
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Attention Investors!!! A Golden Opportunity has presented itself in an absolute Prime Location with 26,000 Sqft Retail/Stores. This beautiful building is located at the corner of Lawrence and St. Louis. Long terms of tenants and has been occupied for an over 20 years with low rent for this particular area. Public transportation (CTA Red Line, CTA Buses, Taxis, etc.) is practically at your doorstep. This is a two-story freestanding building and currently it is being used as a Retail/Store development. The first floor of this building is 13,000 Sqft. The second floor leased by well known Charity Organization and you can be build out for 20 Apt within the building itself. The upper level can be used for condos, apartments, etc. Let your imagination run wild on this beautiful development...

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    © 2019 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 The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-17T15:52:48.607 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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    www.themattzgroup.com/homes/92843821

    3501 Lawrence Avenue Chicago, IL 60625

    • Price: $1,999,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 10313227
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    26,000
    SQFT
    $77
    $/SQFT
    1928
    Built
    Neighborhood:
    Chi - Albany Park
    County:
    Cook
    Area:
    Chi - Albany Park
    Property Description
    Attention Investors!!! A Golden Opportunity has presented itself in an absolute Prime Location with 26,000 Sqft Retail/Stores. This beautiful building is located at the corner of Lawrence and St. Louis. Long terms of tenants and has been occupied for an over 20 years with low rent for this particular area. Public transportation (CTA Red Line, CTA Buses, Taxis, etc.) is practically at your doorstep. This is a two-story freestanding building and currently it is being used as a Retail/Store development. The first floor of this building is 13,000 Sqft. The second floor leased by well known Charity Organization and you can be build out for 20 Apt within the building itself. The upper level can be used for condos, apartments, etc. Let your imagination run wild on this beautiful development...
    Exterior Features

    Construction ConcreteStone Foundation Concrete Frontage Access City StreetInterstatePublic RoadSignal Intersection Lot Dimensions 135X127 Lot Sq Ft 17145 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm On SiteFire Extinguisher/S Number Of Drive In Doors 0 Number Of Stories 2 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Current Use CommercialOffice And Research Electrical Service Circuit BreakersSeparate Meters Expense Year 2018 Exterior Building Type BrickStone Extra Storage Spaces Available YN Yes Financial Amounts For Total Building Rental Onl Yes Geographic Locale Chicago West Gross Rentable Area 26000 Gross Rental Income Amount 214596 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 13000 Min Avail Sq Ft Rentable 6000 Net Oper Income Amount 13600 Net Operating Income Year 2018 Net Rentable Area 26000 Number Of Tenants 6 Possession Closing Potential Use CommercialCondominiumPlanned Unit DevelopmentRetail Property Offered For Sale Only Tax Year 2017 Taxes 65767 Tenant Pays ElectricHeatRepairs And MaintenanceScavengerWater/Sewer Total Annual Exp 78000 Total Annual Expense Source Owner Projection Total Annual Income 214596 Total Monthly Income 17883 Township Jefferson Unincorporated YN No Utilities To Site Electric To SiteGas To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mega Usa Properties, Inc..


    © 2019 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 The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-17T15:52:48.607 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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    16101 S 108th Avenue, 2nd Floor
    Orland Park IL, 60467