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    7701-7757 W Lawrence Ave Norridge, IL 60706

    For Sale
    $4,900,000

    Commercial Sale - Norridge, IL

    Property size:
    47,792 SF
    Days on Market:
    26
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 7701-7757 W Lawrence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL
    APN
    12131150170000
    Size
    47,792 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Number of units
    25
    Architectural style
    Other

    RE/MAX Suburban (847) 367-8686 [email protected]

    Listing agent Jason Bitton (847) 367-8686 License #475170841

    Listing date Nov 18, 2025

    MLS# 11791458 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norridge Mixed-Use Investment Opportunity

    This commercial property in Norridge, Illinois, comprises three contiguous buildings and associated parking lots. The property features 16 apartment units and 8 commercial retail units, in addition to a 21,000 square foot retail building. The property is zoned for retail use and has a total size of 47,792 square feet. The property's capitalization rate is 7.7%.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norridge
    County
    Cook
    State
    Illinois
    Longitude
    -87.8196856
    Latitude
    41.9665705

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      Norridge Mixed-Use Investment

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    • $4,900,000
      47,792 SF

      7701-7757 Lawrence Ave, Norridge, IL 60706

      Commercial real estate • 47,792 SF
      7701-7757 Lawrence Ave, Norridge, IL 60706
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring apartments and retail spaces in Norridge, IL.
    Where is this mixed-use property located?
    The property is located at 7701-7757 W Lawrence Ave Norridge, IL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Attractive 7.7 CAP Rate; - 21,000 SF Retail Building with great potential; - Features 8 Commercial Retail Units
    (847) 367-8686
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7701-7757 W Lawrence Ave Norridge, IL 60706
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