5028 W Lawrence Avenue Chicago, IL $ 557,000
5028 W Lawrence Avenue
$ 557,000
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5028 W Lawrence Avenue

Chicago, IL, 60630
$ 557,000
Bedrooms-- Baths-- Sq 2,478

Monthly Estimate*

$ 3,430

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Commercial Property for sale in Chicago, IL

for $557,000. This 2,478 square foot building was built in 1912 on a lot size of 0.072314.

Welcome to this beautifully renovated 2-unit building in the desirable Jefferson Park/Mayfair neighborhood. Perfect for investors or owner-occupants, this property offers two updated units with thoughtful design and modern finishes. Keep as residential or turn back into a commercial space. The first-floor unit features 2 bedrooms and 1 bathroom, with a bright and open living area that flows seamlessly into the updated kitchen, complete with sleek appliances and ample counter space. The spacious bathroom includes a dual-sink vanity and a relaxing tub/shower combination. With direct access and no stairs, this unit is ideal for easy, step-free living. The all-new second-floor unit also offers 2 bedrooms and 1 bathroom, highlighted by gleaming hardwood floors, recessed lighting, built-in shelving, a decorative fireplace, and a separate formal dining room. The eat-in kitchen is a standout, featuring granite countertops and stainless steel appliances. A bonus den provides flexible space for an office, playroom, or reading nook. Each unit has its own in-unit laundry, central heating and cooling, and access to a shared yard with a new privacy fence, gates, and parking for four cars, two tandem. Tenants pay all utilities except water, making this a smart investment opportunity. Conveniently located near grocery stores, the Blue Line, Metra, and easy access to the 90/94 Expressways, this turnkey building offers the perfect blend of comfort, style, and location. Don't miss out on this exceptional multi-unit property!

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Commercial Active

Price

$ 557,000

Property Type

Commercial

Taxes

$ 5,818

Style

Lot Size

0.072314

Year Built

1912

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12652447

Features
General
Cooling Central Air
Possession Closing
Construction Materials Brick
Year Built 1912
Electric Circuit Breakers
Stories Count 2
Township Jefferson
Property Subtype Mixed Use
Tax Year 2023
Gross Income 4100
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status New
Directions Kennedy Expressway north to Lawrence then east to property
City Chicago
Number Of Units Total 2
MLS Area CHI - Jefferson Park
Lot Size Square Feet 3150
Tax Annual Amount 5818.72
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2478
Lot Dimensions 24x127
Frontage Type City Street
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* Excluded Features
List By
Real Broker Llc

Broker

rafay@qamargroup.com

Email

Affordability Calculator

$3,914
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,430
Monthly Property Taxes
$485
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/19/2026$557,000 Listed Price

Map


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5028 W Lawrence Avenue, Chicago, IL, 60630 is a Commercial Property for sale at $557,000 with 2,478 sqft and a lot size of 0.072314. 5028 W Lawrence Avenue was built in 1912. The property's zip code is 60630 which is in Chicago, IL