5015 W Lawrence Avenue
Chicago, IL, 60630 $ 799,900
Bedrooms-- Baths-- Sq 8,000 for $799,900. This 8,000 square foot property was built in 1912 on a lot size of 0.14348.
Jefferson Park/Mayfair Park! Outstanding opportunity to acquire a well-cared-for, approximately 8,000-square-foot, two-story brick mixed-use/professional office building in a highly accessible location. The building offers tremendous flexibility for an owner-user, investor, medical or wellness group, therapist/psychology practice, professional office center, medical spa, or multi-tenant investment; this property provides a versatile configuration with numerous possibilities. The building is currently configured with eight spacious suites, Men and women's restrooms on each of the two levels. Several suites have approximately three to five individual private offices within each suite, creating an excellent layout for multiple practitioners, independent professionals or businesses operating under one roof. The generous suite sizes and flexible floor plans provide the ability to accommodate a variety of professional and service-oriented uses. The property is particularly well suited for a medical spa, wellness center, behavioral-health or psychology practice, counseling center, therapy group, professional services firm, or shared practitioner environment. Prospective purchasers should independently confirm that their intended use complies with current zoning and licensing requirements. The building has been well maintained, with important capital improvements including furnace and air-conditioning equipment replaced within approximately the past 10 years and a recent roof "overlay." The property includes eight private parking spaces at the rear of the building, along with ample free street parking. The location provides exceptional connectivity. Building is approximately one block east of the Kennedy Expressway (I-90), with nearby access to I-94, and is within walking distance of the Jefferson Park CTA Blue Line and Metra transportation center, providing convenient access to downtown Chicago and O'Hare International Airport. Property has two PIN numbers; financials reflect six of the eight units rented. Photos have been virtually staged.
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FeaturesGeneralCooling Central Air Zoned
Possession Closing Immediate
Roof Membrane
Zoning OFFIC
Construction Materials Brick
Year Built 1912
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Insurance
Stories Count 2
Township Jefferson
Property Subtype Mixed Use
Tax Year 2024
Gross Income 127000
Additional Parcels Description 01316204000000
County Cook
Net Operating Income 93640
Operating Expense 33360
Insurance Expense 4000
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status New
Directions EAST OF KENNEDY EXPRESSWAY WEST OF EDENS EXPRESSWAY/CICERO AVE
City Chicago
Number Of Units Total 8
MLS Area CHI - Portage Park
Lot Size Square Feet 6250
Tax Annual Amount 32000
Electric Expense 515
Fuel Expense 500
Trash Expense 240
Water Sewer Expense 300
Additional Parcels Y/N Y
Lease Type N/A
Standard Status Active
Cap Rate 7.75
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 8000
Lot Dimensions 50X125
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* Excluded FeaturesList Byfayhart1@gmail.com;dympna.fayhart@bairdwarner.comEmail
NearbyAbout Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $799,900 | | Listed Price |