3711 W Lawrence Ave Chicago, IL 60625
This exceptional 3,000-square-foot executive office building, located at 3711 W Lawrence Ave in Chicago, IL, presents a compelling investment opportunity. Built in 1983, this single-story, Class C property sits on a 0.21-acre lot (100x125 feet) and boasts ample parking – over 20 spaces, exceeding 8 spaces per 1,000 square feet. The building features an open floor plan with exposed brick walls and plenty of natural light. Currently zoned B1-2, this meticulously maintained property offers significant potential for future development, including but not limited to condos, commercial retail spaces, strip centers, banks, and drive-thru restaurants. The property enjoys a high 10.42% cap rate and is situated in a prime location near national retailers, downtown Chicago, and major expressways, ensuring high visibility and accessibility. The asking price is $1,200,000. This property benefits from heavy daytime foot traffic, making it an ideal location for a variety of businesses. The Cook County APN is 13-14-104-010-0000. This is a rare opportunity to acquire a well-maintained, high-potential property in a thriving Chicago neighborhood.
-
Courtney Sye Bandemer Physician
-
Naz Fatima Rizvi Physician
-
Courtney Bandemer Physician
-
Dzejna Mezbur Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.