3212-3214 W Lawrence Ave - Apartments FOR SALE


Chicago, IL 60625- Albany Park
$2,790,000 USD
630-774-8225
3212-3214 W Lawrence Ave, Chicago, IL for Sale
$2,790,000 USD
Apartments - FOR SALE
1/33
null | 7.3% Cap Rate

3212-3214 W Lawrence Ave
Chicago, IL 60625
Albany Park


HIGHLIGHTS

  • Located in the vibrant Albany Park neighborhood, known for its diverse community and thriving businesses.
  • High-traffic area with great street frontage along Lawrence Ave.
  • Surrounded by a mix of residential, commercial, and dining options, ensuring a steady flow of customers.

OVERVIEW

Attention INVESTORS: Discover a fantastic investment opportunity in the heart of Albany Park! This mixed-use property features three fully leased storefronts on the ground floor, providing a steady income stream, along with six modern residential units on the second floor, perfect for urban living. The residential units are new construction! - **Type:** Mixed-Use Property - **Storefronts:** 3 Fully Leased Retail Spaces - **Residential Units:** 6 New Construction Apartments - **Vacancies:** Only 1 Unit Available **Residential Features:**4 designated in door parking spots - Central Air Conditioning - In-Unit Washer & Dryer- sprinkler system, brand new 1,400 amp electrical service - Modern Finishes - Spacious Layouts. Potential for Expansion. Unique opportunity to build a roof deck enhancing the property's appeal & value. There is ample storage in the basement providing additional functional benefits to the property. **Location Highlights:** - Convenient access to public transportation - Close proximity to the Brown Line train station - Vibrant community with numerous amenities nearby. Don't miss out on this exceptional opportunity to invest in a thriving area! Whether you're looking to expand your portfolio or start your journey in real estate, this property is a must-see. **Contact us today for more information and to schedule a viewing!**

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

9

PRICE/UNIT

$310,000

CAP RATE

7.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3210-3214 W Lawrence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,403 SF

ZONING

-

APN/PARCEL ID

13-11-431-021-0000,13-11-431-022-0000

ASK ABOUT THIS PROPERTY

Alexander PartidaRealty Of America, LLCMore Info
630-774-8225

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Alexander PartidaRealty Of America, LLCMore Info
630-774-8225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.