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3600 W Lawrence Ave

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Address: 3600 W Lawrence Ave, Chicago, IL 60625, USA

Chicago & Midwest + Apartment Buildings

Created date: February 9, 2024

Date last updated: September 18, 2024

Opportunity to Add Value Through Unit Renovations & Rent Increases
Large Surface Parking Lot with 16 Spaces
Half (0.5) Mile from Kimball Station CTA Brown-Line
Individual Furnaces & No Major Capital Expenses Needed

Property Description

Kiser Group is pleased to present for sale 3600 W Lawrence Ave, a fifteen (15) unit mixed-use building consisting of five (5) commercial spaces, eight (8) studios and two (2) two-bed, one-bath units, along with a surface parking lot in the rear with room for up to 16 spaces. The building is in good operational condition with all apartment units having been updated to individual furnaces, and the retail spaces having been updated to their own furnaces and condensers. The property presents an opportunity for an investor to add value through renovation of the apartment units with higher end finishes and increase rents.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,688,000
No. of Units:	15
Year Built:	1926
Lot Size:	0.24 Sq ft
Opportunity Zone:	No
Price per unit:	$112,533
Property Website	Click Here