7701-7757 West Lawrence Avenue

Norridge, IL 60706

$4,900,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

3 contiguous buildings and parking lots make up 16 Apartment Units 8 Commercial Retail Units and a 21,000 SF Retail Building Currently 100% occupied at a 7.2% CAP Rate3 contiguous buildings and parking lots make up 16 Apartment Units 8 Commercial Retail Units and a 21,000 SF Retail Building Currently 100% occupied at a 7.2% CAP Rate
  1. Listed by Jason Bitton • RE/MAX Suburban

Property Details for 7701-7757 West Lawrence Avenue

Area
Norridge
Num Of Parking Spaces
115.0
Zoning
RTAIL

Location

Listing Courtesy of RE/MAX Suburban
Add your commute
LISTING UPDATED: 12/07/2023 02:00 AM

Property Details for 7701-7757 West Lawrence Avenue

StatusActive
MLS #11791458
Days on Market473
Taxes$142,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1960
Lot Size1.94 AC / 84,420 SF
CountyCook County

Location

Listing Courtesy of RE/MAX Suburban
Add your commute

Building Information for 7701-7757 West Lawrence Avenue

Stories-Residences25Year Built1960Lot Size1.94 AC / 84,420 SF

Payment Calculator

$38,596 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,741

Property Taxes

$11,855

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7701-7757 West Lawrence Avenue

General Information
Location and General Information
  • Geographic Locale: O'Hare,Northwest Suburban,Chicago West
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Individual, Wall Sleeve
  • Electric: Circuit Breakers, Fuses, Service - 0 to 100 Amps, Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 16
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 603X140
  • Lot Size Square Feet: 84420.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Sprinklers
  • Building Area Total: 47792
  • # Of Offices: 0
  • # Of Stores: 9
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 17
Miscellaneous
  • Current Use: Commercial
  • Location: High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 25
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $352,497.00
  • Gross Scheduled Income: $352,497.00
  • Insurance Expense: $.00
  • Total Monthly Income: 29374
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 7701-7757 West Lawrence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7701-7757 West Lawrence Avenue

This home is within Ridgewood Chsd 234 School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 8
Private - PK to 8
Rating
School
Distance
J Giles Elem School
Public5 to 8

Ridgewood Community High School
Public9 to 12

J Giles Elementary School
PublicPK to 8

St Eugene Elementary School
PrivatePK 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.

Similar Homes

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7701-7757 West Lawrence Avenue is a mixed use property for sale in Norridge, IL 60706. This property was listed for sale on May 23, 2023 by RE/MAX Suburban, it's currently listed at $4,900,000. This listing's school districts are Ridgewood Chsd 234 School District, Norridge School District 80. Nearby schools include J Giles Elem School, Ridgewood Community High School and J Giles Elementary School. 7701-7757 West Lawrence Avenue is a 0-bed, 0-bath, mixed use property built in 1960.

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 RE/MAX Suburban

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.