1964 W Lawrence Avenue Chicago, IL $ 849,000
1964 W Lawrence Avenue
$ 849,000
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1964 W Lawrence Avenue

Chicago, IL, 60640
$ 849,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,297

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Commercial Property for sale in Chicago, IL

for $849,000. This building was built in 1908 on a lot size of 0.085399.

Surrounded by new development including Devry's new campus and tons of new, luxury residential units within blocks. Located on Lawrence, just east of Damen. Fully leased Commercial space (3200 sf). Existing kitchen has black iron, 16 ft. hood, two walk in coolers and three compartment sink. Lots of space for storage and entire back room can be turned into a cooler for wholesale work or large prep. Large Front windows plus dining area includes two ADA bathrooms with double stalls. Recently Renovated Second level contains large 3BD/1BA apartment with long term tenants and rear outdoor patio. Building runs lot line to lot line. 0.2 Miles to the Damen Brown Line CTA Station, 0.2 Miles to the Ravenswood Metra Station, multiple bus stops and Divvy stations plus close access to Lake Shore Drive. Area tenants include: Goundswell Coffee Roasters, CVS, Wendy's, Rock N Roll Vintage Chicago Guitar Shop, Chase Bank, Mariano's, Sears Auto Center and much more.

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Commercial Active

Price

$ 849,000

Property Type

Commercial

Taxes

$ 13,750

Style

Lot Size

0.085399

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12269859

Features
General
Cooling Central Air
Year Built 1908
Electric Separate Meters
Stories Count 2
Tax Year 2023
Gross Income 86126
County Cook
Net Operating Income 66619
Operating Expense 19500
Insurance Expense 5256
Property Type Commercial Sale Mixed Use
Status Active
Directions STARTING AT DAMEN AND LAWRENCE HEAD EAST TO 1964
City Chicago
Number Of Units Total 2
MLS Area CHI - Lincoln Square
Lot Size Square Feet 3720
Tax Annual Amount 13750
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Cap Rate 7.4
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Exterior
Lot Dimensions 25X125
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* Excluded Features
List By
@Properties Commercial

Broker

dylancarrigan@atproperties.com

Email

Affordability Calculator

$6,442
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,297
Monthly Property Taxes
$1,146
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2025$849,000 -3.41% Price Down
9/8/2025$879,000 -2.22% Price Down
1/13/2025$899,000 Listed Price

Map


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1964 W Lawrence Avenue, Chicago, IL, 60640 is a Commercial Property for sale at $849,000 with a lot size of 0.085399. 1964 W Lawrence Avenue was built in 1908. The property's zip code is 60640 which is in Chicago, IL