2611 S Lawndale Avenue Chicago, IL $ 525,000
2611 S Lawndale Avenue
$ 525,000
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2611 S Lawndale Avenue

Chicago, IL, 60623
$ 525,000
Baths0.0 Sq 3,600

Monthly Estimate*

$ 3,667

2611 S Lawndale Avenue, Chicago, IL 60623 - Image 1
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2611 S Lawndale Avenue, Chicago, IL 60623 - Image 11
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Studio

Commercial Property for sale in Chicago, IL

for $525,000. This 3,600 square foot building was built in 1901 on a lot size of 0.070615.

The subject property is located at 2611 South Lawndale Ave., Chicago, IL 60623 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this investment opportunity. This is an urban Mixed-Use property located in the heart of Chicago's Little Village neighborhood. Featuring a new roof, currently fully renovated 2-story building, 3,600 SF of gross leasable area and 3,076 SF site. The subject property is zoned B3-2 and comprises a full basement, 1 commercial space, and a fully leased 2nd-floor large apartment. The subject property is situated in a mixed commercial and residential city setting making it a prime location for investment and/or owner-user opportunities. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including shopping centers, restaurants, and recreational facilities. The subject property presents the unique opportunity to acquire a stand-alone building in the Little Village neighborhood.

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Commercial Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,650

Style

Lot Size

0.070615

Year Built

1901

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12029879

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1901
Electric None
Tenant Pays Varies by Tenant
Stories 2
Township West Chicago
Property SubType Apts/Ofc/Store Apts/Stores Ofc/Store
Tax Year 2022
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Just South of 26th St on S. Lawndale Ave
City Chicago
Total Units 2
MLS Area CHI - South Lawndale
Lot Size Square Feet 3076
Street Name Lawndale
Tax Annual Amount 12650.2
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://tours.vht.com/BWI/T434382306/nobranding
Days on Market 6
Standard Status Active
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Exterior
Foundation Details Brick/Mortar
Building Area Total 3600
Lot Dimensions 24X128
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Baird & Warner

Broker

wesley.jonberg@bairdwarner.com

Email

Affordability Calculator

$4,721
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,667
Monthly Property Taxes
$1,054
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$525,000 Listed Price

Map


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2611 S Lawndale Avenue, Chicago, IL, 60623 is a Commercial Property for sale at $525,000 with 3,600 sqft and a lot size of 0.070615. 2611 S Lawndale Avenue is a studio with 0.0 baths and was built in 1901. The property's zip code is 60623 which is in Chicago, IL