3654-58 West Lawrence Avenue, Chicago

$1,300,000

0 Beds
0 Baths
0 Acres
0 Garages

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 Market361
ZoningCOMMR
Listing Details
OfficeDream Town Realty
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Listing information last updated on July 11th, 2020 at 9:00am CDT.