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3654-58 Lawrence Avenue, Chicago
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.
- MLS® #10456732
- Square Footage9,436
- Year Built1928
- Sub-TypeMixed Use
- Property Taxes$13,623
- UtilitiesElectric to Site, Gas to Site
- Lot DescriptionCorner, Mixed Use Area
- ConstructionBrick, Concrete
- Address3654-58 Lawrence Avenue
- AreaCHI - Albany Park
- Zip Code60625
- HeatingForced Air, Gas
- CoolingCentral Air, Window Unit/s
- # of Stories2
- Listing OfficeDream Town Realty
Price Change History for 3654-58 Lawrence Avenue, Chicago, IL (MLS® #10456732)
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