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Susan Dickman

Broker

  • Office 773-627-8176
  • Cell 773-627-8176
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3654-58 West Lawrence Avenue, Chicago, IL – $1,300,000

  • $1.3M Price
  • 358 DOM
  • $1.3M Price
  • 358 DOM

3654-58 West Lawrence Avenue

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.

Essential Information

  • MLS® #10456732
  • Price$1,300,000
  • Acres0.00
  • Year Built1928
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address3654-58 West Lawrence Avenue
  • AreaCHI - Albany Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60625

Exterior

  • ExteriorBrick
  • FoundationConcrete Perimeter

Additional Information

  • Days on Market358
  • ZoningCOMMR

Listing Details

  • OfficeDream Town Realty
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Listing information last updated on July 8th, 2020 at 8:15pm CDT.