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Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12269859MLS Provider

1964 W Lawrence AvenueChicago, IL 60640

Commercial
$829,000 Active

1964 W Lawrence Avenue Overview

Time on Site:
532 days
Visits:
7

Surrounded by new development including Devry's new campus and tons of new, luxury residential units within blocks. Located on Lawrence, just east of Damen. Fully leased Commercial space (3200 sf). Existing kitchen has black iron, 16 ft. hood, two walk in coolers and three compartment sink. Lots of space for storage and entire back room can be turned into a cooler for wholesale work or large prep. Large Front windows plus dining area includes two ADA bathrooms with double stalls. Recently Renovated Second level contains large 3BD/1BA apartment with long term tenants and rear outdoor patio. Building runs lot line to lot line. 0.2 Miles to the Damen Brown Line CTA Station, 0.2 Miles to the Ravenswood Metra Station, multiple bus stops and Divvy stations plus close access to Lake Shore Drive. Area tenants include: Goundswell Coffee Roasters, CVS, Wendy's, Rock N Roll Vintage Chicago Guitar Shop, Chase Bank, Mariano's, Sears Auto Center and much more.

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1964 W Lawrence Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 500
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 88427
  • Gross Scheduled Income: 95436
  • Insurance Expense: 5256
  • Net Operating Income: 68287
  • Operating Expense: 20140
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1908

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lincoln Square

Tax Information

  • Tax Annual Amount: $16,892.85
  • Tax Year: 2024

General Information

  • Parcel Number: 14074190250000
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25X125
  • Lot Size Square Feet: 3720

General Information

  • Number Of Units Total: 2

1964 W Lawrence Avenue Neighborhood

Community

60640 (Chicago) Demographics

37
Median Age
26,211
Population Density (per sq. mile)
64%
College Educated
$59,516
Estimated Median Income
11,366
Estimated Total Home Owners
24,645
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1964 W Lawrence Avenue Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1964 W Lawrence Avenue Market Data

Based on the last 30 days in this zip code

$470,748
Average List Price
$453
Average Price per Square Foot
71
Properties Sold
42
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

1964 W Lawrence Avenue History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Status Change
Re-activated
3/13/2026Source: MRED Status Change
Contingent
3/11/2026Source: MRED Status Change
Active
3/6/2026Source: MRED Status Change
Re-activated
2/23/2026Source: MRED Status Change
Contingent
1/31/2026Source: MRED Status Change
Active
1/26/2026Source: MRED Price Reduction
$829,000 -2.4%
1/26/2026Source: MRED Status Change
Price Change
10/4/2025Source: MRED Status Change
Active
9/29/2025Source: MRED Price Reduction
$849,000 -3.4%
9/29/2025Source: MRED Status Change
Price Change
9/13/2025Source: MRED Status Change
Active
9/8/2025Source: MRED Price Reduction
$879,000 -2.2%
9/8/2025Source: MRED Status Change
Price Change
1/18/2025Source: MRED Status Change
Active
1/13/2025Source: MRED Added to Database
January 13, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022