Mixed-Use Portfolio with
For Sale
Under Contract
$4,900,000
7701-7757 W Lawrence Avenue, Norridge, IL 60706
Commercial Sale, Norridge, IL
Property SizeContact for details
Lot Size1.94 Acres
Days on Market1196
Property Features for 7701-7757 W Lawrence Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RTAIL
Directions
S on Rt 171 E on W Lawrence Ave, buildings on right
Subdivision
Norridge
Standard status
Active Under Contract
APN
12131150170000
Lot size
1.94 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
129298
Utilities
Cooling system
Central Air
Building Details
Year built
1960
Floors in Building
2
Number of units
25
Building materials
Brick
Listing Agency:
RE/MAX Suburban · RE/MAX International
(847) 367-8686
Listed By:
Jason Bitton · License #475170841
(847) 259-0202
Added: May 23, 2023
Changed: Aug 19
Last Checked: Aug 30 at 3:06AM
MLS# 11791458
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This mixed-use portfolio comprises three buildings with 16 apartments and 8 ground-floor retail units. The residential component includes 8 two-bedroom apartments and 8 one-bedroom apartments. A separate 21,000 SF freestanding retail building includes a 15,000 SF main floor and a 6,000 SF basement with racking-height ceilings.
The property occupies 1.938 acres and includes on-site parking. Brick construction, central air, and a 1960 build year further define the existing improvements. The property is identified with RTAIL zoning and includes a combination of residential and retail tenant spaces.
The property occupies 1.938 acres and includes on-site parking. Brick construction, central air, and a 1960 build year further define the existing improvements. The property is identified with RTAIL zoning and includes a combination of residential and retail tenant spaces.
Key Highlights
- Three‑building mixed‑use portfolio with 16 apartments and 8 ground‑floor retail units
- Residential mix includes 8 two‑bedroom and 8 one‑bedroom apartments
- 21,000 SF freestanding retail building
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
Explore this area
Business Placement
Demographics for 60706, IL
24,327
Population
9,720
Households
2.5
Avg Household Size
45
Median Age
30%
College-Educated
87%
High-School Grad
3.1 sq mi
ZIP Area
7,847
Density / Sq Mi
$85,000
Median Household Income
$48,602
Median Earnings
$1,242
Median Rent
$347,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building asset combining apartments, ground-floor retail units, and a freestanding retail building with on-site parking.
Where is this mixed-use property located?
The property is located at 7701-7757 W Lawrence Avenue 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: Three‑building mixed‑use portfolio with 16 apartments and 8 ground‑floor retail units; Residential mix includes 8 two‑bedroom and 8 one‑bedroom apartments; 21,000 SF freestanding retail building
