2729 West Lawrence Avenue

Chicago, IL 60625

$1,475,000
Price
12,500 / 0.29
Lot Size / Acres

Description

Developer's dream! TOD qualified - 4 contiguous lots available for development in prime Lincoln Square location! 12,500 sq ft with B1-2 zoning! 6 min walk to Rockwell Brown line, 10 minute walk to Western brown line and downtown Lincoln Square, 10 min bus ride to Ravenswood Metra stop, 5 min walk to North Branch River trail with biking/jogging for miles and parks, trees and playgrounds abound! Ability to build 12 units with current zoning or up-zone for ability to build 31 units or more depending...Developer's dream! TOD qualified - 4 contiguous lots available for development in prime Lincoln Square location! 12,500 sq ft with B1-2 zoning! 6 min walk to Rockwell Brown line, 10 minute walk to Western brown line and downtown Lincoln Square, 10 min bus ride to Ravenswood Metra stop, 5 min walk to North Branch River trail with biking/jogging for miles and parks, trees and playgrounds abound! Ability to build 12 units with current zoning or up-zone for ability to build 31 units or more depending on percentage of affordable units! Lots of precedence for up-zoning in the area. Alderman has had plenty of experience with developers! Taxes just got reduced by $5,000 / year via a successful appeal and locked in for 10 years! 2020 total taxes were $40,699.46 and newly appealed taxes are apprx $35,000. PIN numbers 13-13-200-012, 13-13-200-013 (double lot) & 13-13-200-014. Current use is a single story mini mall with two restaurants that is 50% occupied. Building expenses are only taxes and insurance. Tenants pay all building utilities including water.
  1. Listed by Nicole Hurt • @properties Christie's International Real Estate
  2. Listed by Matt Scales • @properties Commercial

Property Details for 2729 West Lawrence Avenue

Area
CHI - Lincoln Square
Township
Jefferson
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas
Zoning
OTHER

Location

Listing Courtesy of @properties Christie's International Real Estate; @properties Commercial
Add your commute
LISTING UPDATED: 03/27/2024 10:32 AM

Property Details for 2729 West Lawrence Avenue

StatusPending
MLS #11673882
Days on Market519
Taxes$30,273 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.29 AC
CountyCook County

Location

Listing Courtesy of @properties Christie's International Real Estate; @properties Commercial
Add your commute

Building Information for 2729 West Lawrence Avenue

Lot Size0.29 AC

Payment Calculator

$10,572 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$2,523

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2729 West Lawrence Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 100
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Other
  • Basement Description: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water-Municipal
Property/Lot Information
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Scavenger, Sewer
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 100X125
  • Approx Land Sq Footage: 12500
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: None
  • North Coordinate: 4800
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 2723
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-04-05T21:02:29
  • Photos Count: 7
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Land Description: Level
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 2729 West Lawrence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2729 West Lawrence Avenue

Taxable ValueLand$14,062Additions$21,200Total$35,262
Tax Record2022$7,568 ($631 / month)
Home Facts
Total Finished SqFt6,100 SqFtAbove Grade Finished SqFt6,100 SqFtStories1Lot Size3,125 SqFtStyleStoresYear Built1938CountyCOOKAPN13-13-200-012

Schools near 2729 West Lawrence Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Waters Elementary School
PublicK to 8

Amundsen High School
Public9 to 12

North River Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of @properties Christie's International Real Estate; @properties Commercial

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.