7701-7757 W Lawrence Avenue Norridge, IL ^$ 4,900,000

7701-7757 W Lawrence Avenue

^$ 4,900,000

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7701-7757 W Lawrence Avenue

Norridge, IL, 60706

^$ 4,900,000

Studio Baths0.0 Sq 47,792

Monthly Estimate*

^$ 32,567

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Studio

Commercial Property for sale in Norridge, IL

for $4,900,000. This 47,792 square foot building was built in 1960 on a lot size of 1.93802.

3 contiguous buildings and parking lots make up 16 Apartment Units 8 Commercial Retail Units and a 21,000 SF Retail Building Currently 100% occupied at a 7.2% CAP Rate

Commercial Active

Price

^$ 4,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 142,261

Style

Commercial

Lot Size

1.93802

Year Built

1960

Town/City

Norridge

County/Region

Cook

MLS | Web ID

11791458

Features

General

Cooling Central Individual Wall Sleeve

Zoning RTAIL

Construction Materials Brick

Year Built 1960

Electric Circuit Breakers Fuses Service - 0 to 100 Amps Service - 101 to 200 Amps

Tenant Pays Varies by Tenant

Stories 2

Property SubType Apts/Ofc/Store Apts/Ofc Apts/Stores

Tax Year 2021

Current Use Commercial

Gross Income 352497

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Multi-Family Retail

Status Re-activated

Directions S on Rt 171 E on W Lawrence Ave buildings on right

City Norridge

NumberOfUnitsTotal 25

MLS Area Norridge

Lot Size Square Feet 84420

Street Name Lawrence

Tax Annual Amount 142261

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Days on Market 375

Standard Status Active

Total Actual Rent 21000

Exterior

Building Area Total 47792

Lot Dimensions 603X140

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Re/Max Suburban

Broker

jason@bittonhomes.com

Affordability Calculator

$44,422

Per Month

Monthly Principal & Interest: $32,567
Monthly Property Taxes: $11,855
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Norridge, IL

Average List Price ^$4,900,000

Percent of Sale Price 0%

About Norridge, IL

14,477 Population

-1% Since 2002

^$59,759 Median Income

45.93 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/6/2024	$4,900,000		Listed Price

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7701-7757 W Lawrence Avenue, Norridge, IL, 60706 is a Commercial Property for sale at $4,900,000 with 47,792 sqft and a lot size of 1.93802. 7701-7757 W Lawrence Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 60706 which is in Norridge, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/8/2024.

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7701-7757 W Lawrence Avenue

Commercial Property for sale in Norridge, IL

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