Norridge, IL 60706 7701-7757 W Lawrence Avenue
$4,900,000
12 more
Presented By: RE/MAX Suburban
SQFT • 47,792
Home Details
A rare opportunity to acquire a high-performing mixed-use investment in the heart of the Village of Norridge, IL. This three-building portfolio features a healthy mix of residential and retail tenants, with strong cash flow and clear value-add potential. 16 Apartments: (8 two-bedroom, 8 one-bedroom) 8 Retail Units (ground floor) 21,000 SF Free-Standing Retail Building 15,000 SF main floor (w/6,000 SF basement with racking-height ceilings) Ample on-site parking
Presented By: RE/MAX Suburban
Interior Features for 7701-7757 W Lawrence Avenue
Other Interior Features
Street SuffixAvenue
General for 7701-7757 W Lawrence Avenue
Additional Parcels Y/NYes
CityNorridge
Construction MaterialsBrick
CoolingCentral Individual, Wall Sleeve
CountyCook
Current UseCommercial
DirectionsS on Rt 171 E on W Lawrence Ave, buildings on right
ElectricCircuit Breakers, Fuses, Service - 0 to 100 Amps, Service - 101 to 200 Amps
Electric Expense
Fuel Expense
Gross Income560830
Insurance Expense
Lot Size Square Feet84420
MLS AreaNorridge
Net Operating Income357073
Number Of Units Total25
Operating Expense203757
Possible UseCommercial, Multi-Family, Retail
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount129298
Tax Year2024
Tenant PaysVaries by Tenant
Total Actual Rent21000
Trash Expense0
Water Sewer Expense0
Year Built1960
ZoningRTAIL
Exterior for 7701-7757 W Lawrence Avenue
Building Area Total47792
Lot Dimensions603X140
Additional Details
Price History
