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Twelve-Unit Apartment Building
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7245 West Lawrence Ave, Harwood Heights, IL 60706

Well-maintained 12-unit all-electric building with two-bedroom and one-bedroom apartments plus a new laundry area.

Property SizeContact for details
Days on Market121

Property Features for 7245 West Lawrence Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 12
Listing Agency: Troy Companies
Listed By: Bill Gold · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Troy Companies

Investment Insights

Based on property information with market context.

This well-maintained 12-unit apartment building features a mix of apartment layouts, including nine two-bedroom, one-bath units and three one-bedroom, one-bath units. The property also includes an oversized basement with storage and a new laundry area.

The building is described as all-electric.

This is a straightforward multifamily offering with functional unit mix and basement space designed for practical resident use and additional storage.

Key Highlights

  • Well‑maintained 12‑unit apartment building with all‑electric service
  • Unit mix includes 9 two‑bedroom, 1‑bath apartments
  • Includes 3 one‑bedroom, 1‑bath apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Auto Repair Shop Skin Care Clinic Auto Parts Store Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 12-unit all-electric building with two-bedroom and one-bedroom apartments plus a new laundry area.
Where is this apartment building located?
The property is located at 7245 West Lawrence Ave Harwood Heights, IL.
What are key features of this property?
This property features: Well‑maintained 12‑unit apartment building with all‑electric service; Unit mix includes 9 two‑bedroom, 1‑bath apartments; Includes 3 one‑bedroom, 1‑bath apartments
(773) 792-3000 Call to check price and availability
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