For Sale
$1,200,000

3711 Lawrence AveChicago, IL 60625

Prime location, high cap rate, 3,000 SF.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 3,000-square-foot executive office building, located at 3711 W Lawrence Ave in Chicago, IL, presents a compelling investment opportunity. Built in 1983, this single-story, Class C property sits on a 0.21-acre lot (100x125 feet) and boasts ample parking – over 20 spaces, exceeding 8 spaces per 1,000 square feet. The building features an open floor plan with exposed brick walls and plenty of natural light. Currently zoned B1-2, this meticulously maintained property offers significant potential for future development, including but not limited to condos, commercial retail spaces, strip centers, banks, and drive-thru restaurants. The property enjoys a high 10.42% cap rate and is situated in a prime location near national retailers, downtown Chicago, and major expressways, ensuring high visibility and accessibility. The asking price is $1,200,000. This property benefits from heavy daytime foot traffic, making it an ideal location for a variety of businesses. The Cook County APN is 13-14-104-010-0000. This is a rare opportunity to acquire a well-maintained, high-potential property in a thriving Chicago neighborhood.

Highlights

  • High daytime foot traffic.
  • Abundant natural light.
  • Open floor plan with exposed brick walls.

Property Details for 3711 Lawrence Ave

Property type
Retail properties, Office properties
Square Feet
3,000 SF
Class
C
Year Built
1983
Stories
1
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9681011
Longitude
-87.7212308
3711 Lawrence Ave, Chicago, Illinois

FAQs

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3711 Lawrence Ave
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