4,572 sq ft
Commercial: Mixed Use - MLS# 12408444
Tools & Resources:
Description
This custom-built corner building has plenty of room for commercial space on the first floor with added addition of 5 residential units upstairs for plenty of additional income! On the first floor a law office currently occupies one of the units and the second unit has multiple offices built out for multiple tenants. Upstairs there are 5 total residential units, 3 studio apartments which are all under rented and add a lot of added value. Two of the three studios are rented MTM at $600 and $500, unit 4 is a studio + den which is currently rented MTM at $675 and unit 1 is the largest as a 1 bedroom which is MTM at $950. Lots of value add here! There are 3 tandem parking spaces for a total of 6 cars in the parking lot.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60630
- Year Built: 1966
- Sq.Ft.: 4,572 sq ft
- Stories: 2
- Units: 7 units
- # Of Apts: 5
- # Of Offices: 2
- # Of Stores: 2
- # Of Tenants: 6
- Approximate Age: Older
- Building Area Total: 4572
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick, Concrete, Block
- Cooling: Central Air
- Directions: Milwaukee south east of Lawrence on west side of street
- Electric: Circuit Breakers, Separate Meters
- Electric Expense: 2290
- Electric Expense Source: Actual
- Foundation Details: Concrete Perimeter
- Fuel Expense: 4323
- Fuel Expense Source: Actual
- Geographic Locale: Chicago Northwest
- Gross Income: 39600
- Gross Rent Multiplier: 6
- Gross Scheduled Income: 39600
- Heat/Ventilation: Central Bldg Heat, Central Heat/Indiv Controls
- Information: 24-Hr Notice Required
- Insurance Expense: 6678
- Insurance Expense Source: Actual
- Lot Size Square Feet: 4743
- Main Type: Commercial Sale
- Misc Inside: Atrium
- Outdoor Parking: 6-12 Spaces
- Tax Annual Amount: 11652
- Tax Year: 2024
- Total Monthly Income: 3300
- Trash Expense: 1544
- Trash Expense Source: Actual
- Water Expense Source: Actual
- Water Sewer Expense: 3219
©2026, Midwest Real Estate Data (MRED). All rights reserved.