7701-7757 W Lawrence Avenue, Norridge, IL 60706 | MLS #11791458 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of RE/MAX SuburbanMREDas Distributed by MLSGrid- MLS# 11791458MLS Provider

7701-7757 W Lawrence AvenueNorridge, IL 60706

Commercial · 47,792 Sq. ft.
$4,900,000 Active

7701-7757 W Lawrence Avenue Overview

Time on Site:
1132 days
Visits:
27

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

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7701-7757 W Lawrence Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 47,792
  • Price/Sq.ft. $103

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 560830
  • Gross Scheduled Income: 560830
  • Insurance Expense: 0
  • Net Operating Income: 357073
  • Operating Expense: 203757
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Norridge

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $129,298.00
  • Tax Year: 2024

General Information

  • Parcel Number: 12131150170000
  • Possible Use: Commercial,Multi-Family,Retail
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 47792

General Information

  • Cooling: Central Individual, Wall Sleeve
  • Electric: Circuit Breakers, Fuses, Service - 0 to 100 Amps, Service - 101 to 200 Amps
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 603X140
  • Lot Size Square Feet: 84420

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 25

7701-7757 W Lawrence Avenue Neighborhood

Community

60706 (Harwood Heights) Demographics

44
Median Age
7,710
Population Density (per sq. mile)
37%
College Educated
$74,713
Estimated Median Income
6,662
Estimated Total Home Owners
2,131
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
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.

7701-7757 W Lawrence Avenue Monthly Cost

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Mike Mabry
* 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.

7701-7757 W Lawrence Avenue Market Data

Based on the last 30 days in this zip code

$513,303
Average List Price
$317
Average Price per Square Foot
18
Properties Sold
34
Average Days on Market
57
Properties for Sale
Calculations provided by Reliance Network

7701-7757 W Lawrence Avenue History

Date Event Value Agent
11/16/2025Source: MRED Status Change
Active
11/11/2025Source: MRED Status Change
Re-activated
8/17/2025Source: MRED Status Change
Contingent
6/11/2024Source: MRED Status Change
Active
6/6/2024Source: MRED Status Change
Re-activated