2401 W Lawrence Avenue Chicago, IL ^$ 2,400,000

2401 W Lawrence Avenue

^$ 2,400,000

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Recently Listed

2401 W Lawrence Avenue

Chicago, IL, 60625

^$ 2,400,000

Bedrooms-- Baths-- Sq 11,805

Monthly Estimate*

^$ 14,973

2401 W Lawrence Avenue, Chicago, IL 60625 - Image 1

2401 W Lawrence Avenue, Chicago, IL 60625 - Image 2

2401 W Lawrence Avenue, Chicago, IL 60625 - Image 3

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2401 W Lawrence Avenue, Chicago, IL 60625 - Image 9

2401 W Lawrence Avenue, Chicago, IL 60625 - Image 10

Commercial Property for sale in Chicago, IL

for $2,400,000. This 11,805 square foot building was built in 1915 on a lot size of 0.250413.

Prime Value-Add Opportunity in Lincoln Square! This one- and part two-story, 12,000 SF mixed-use building offers an exceptional investment or owner-user opportunity in the heart of Chicago's highly sought-after Lincoln Square neighborhood on prominent location at the southwest corner of Western and Lawrence. 10,845 SF site zoned B3-3, the property features six commercial units (3 currently combined for tenant) on the ground floor and two residential apartments upstairs: a 2BR/1BA and a 3BR/1BA. This property offers strong rental income potential and an ideal location in one of Chicago's most vibrant communities.

Commercial Active

Price

^$ 2,400,000

Property Type

Commercial

Taxes

^$ 43,174

Style

Commercial

Lot Size

0.250413

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12503337

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1915

Electric Other

Stories Count 2

Township Jefferson

Property Subtype Mixed Use

Tax Year 2024

Current Use Commercial

Gross Income 219477

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions Western Ave. to Lawrence. Property on southwest corner.

City Chicago

Number Of Units Total 6

MLS Area CHI - Lincoln Square

Lot Size Square Feet 10908

Tax Annual Amount 43174.23

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 11805

Lot Dimensions 101 x 108

* Excluded Features

List By

A.R.E. Partners Inc.

Broker

agehrken@arepartners.com

Affordability Calculator

$18,571

Per Month

Monthly Principal & Interest: $14,973
Monthly Property Taxes: $3,598
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$987,651

Percent of Sale Price 59%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/23/2025	$2,400,000		Listed Price

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2401 W Lawrence Avenue, Chicago, IL, 60625 is a Commercial Property for sale at $2,400,000 with 11,805 sqft and a lot size of 0.250413. 2401 W Lawrence Avenue was built in 1915. The property's zip code is 60625 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/9/2025.

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2401 W Lawrence Avenue

Commercial Property for sale in Chicago, IL

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