Address
5015 W Lawrence Avenue Chicago, IL
Price
$ 825,000
Property Attributes
  • MLS#11171274
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodJefferson Park
  • Zip60630
  • Style
  • Year Built1979
  • Taxes$ 28230
  • Price$ 825,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size6,250 SqFt
Listing Provided Courtesy Of:
@Properties
Data Source:
Midwest Real Estate Data (MRED)
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.

Price History
7/28/2021 Listed $825,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick
Cooling Central Air, Zoned
County Cook
Days on Market 205
Directions EAST OF KENNEDY EXPRESSWAY, WEST OF EDENS EXPRESSWAY/CICERO AVE
Electric Circuit Breakers
Electric Expense 5800
Fuel Expense 3510
Grossincome 9634
Insurance Expense 1960
Lot Size Square Feet 6250
MLS Area CHI - Portage Park
Operatingexpense 19290
Possession Closing, Tenant's Rights
Possible Use Commercial, Condominium, Office and Research
Property SubType Mixed Use
Property Type Mixed Use
Property Type Commercial Sale
Roof Rubber
Standard Status Active
Status Active
Stories 2
Street Name Lawrence
Tax Annual Amount 28230
Tax Year 2020
Tenant Pays Electricity
Total Units 8
Township Jefferson
Trash Expense 960
Utilities Electric to Site, Gas to Site, Water-Municipal, Water to Site
Water Sewer Expense 420
Year Built 1979
Zoning COMMR

Interior Features

Flooring Carpet
Street Suffix Avenue

Exterior Features

Building Area Total 8000
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 50X125
Total Parking 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60630

Price
AVG $410K
$830K
Taxes
AVG $40,711
$28,230
Visits
AVG 94
160
Year Built
AVG 1954
1979
Walkscore
AVG 81
73
Data Provided by Walkscore ® not using MLS data