Address
5941 W Lawrence Avenue, Chicago, IL
Price
$ 500,000
Property Attributes
  • MLS#11211815
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodJefferson Park
  • Zip60630
  • StyleCommercial,Development
  • Year Built1949
  • Taxes$ 42910
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8900
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
d'aprile properties
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Massive 8900 square foot retail store front building on 13,000 square foot lot with gated parking. Could be used as two 4400 square foot stores or combined. Currently zoned B1-1 per city of Chicago. A bakery occupies one half and a banquet hall occupies the other half. Investors or owner occupants can divide into four brand new store or combine for a new restaurant concept, brewery, bakery, or market!

Price History
9/8/2021 Listed $700,000
1/3/2022 22% - $550,000
3/25/2022 10% - $500,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick
Cooling Central Air
County Cook
Current Use Commercial, Development
Days on Market 269
Directions ONE BLOCK EAST OF AUSTIN
Electric Circuit Breakers
Electric Expense 8400
Fuel Expense 5520
Insurance Expense 4000
Lot Size Square Feet 13068
MLS Area CHI - Portage Park
Possession Closing
Property SubType Mixed Use
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active
Status Active
Stories 1
Street Name Lawrence
Tax Annual Amount 42910
Tax Year 2019
Tenant Pays Electricity, Heat
Total Units 2
Trash Expense 1800
Water Sewer Expense 3500
Year Built 1949
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 8900
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 104X125
Total Parking 10

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
$500K
Taxes
AVG $40,711
$42,910
Visits
AVG 96
214
Year Built
AVG 1954
1949
Walkscore
AVG 81
78
Data Provided by Walkscore ® not using MLS data