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29165710
29165709

4203 W Lawrence Ave, Chicago, IL 60630 For Sale

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT
$675,000
190 days on market
Updated 97 days ago

4203 W Lawrence Ave , Chicago, IL

Details
APN 13152030210000
Property Type Business for Sale
Sub Type Business and Building
Year Renovated 2020
Buildings 1
Stories 1
Lot Size (SqFt) 5,670
Zoning B3-1

Turnkey Restaurant with Prime Chicago Location and Mixed-Use Opportunity

Marketing description

Rare opportunity to acquire a fully operational restaurant with prime Chicago real estate at 4203 W Lawrence. This 2,700 SF building sits on a 5,670 SF lot with approximately 13 parking spaces and is zoned B3-1, allowing commercial use on the first floor and the potential to add residential units above for rental income or future resale.

The restaurant comfortably seats 80 guests across a main and smaller dining area and comes turnkey with all essential kitchen equipment and fixtures. Well-maintained updates include a modern interior remodel, new HVAC system, recently replaced boiler, and tuckpointing completed twice in the last decade.

This property offers a unique combination of established business, flexible commercial space, and long-term mixed-use development potential, making it ideal for investors, restaurateurs, or entrepreneurial buyers seeking a turnkey operation in a prime Chicago location.

Investment highlights

  1. Turnkey Operation: Fully operational restaurant with all equipment and fixtures included, ready for immediate business.

  2. Prime Location: Situated on a 5,670 SF lot in Chicago with 13 parking spaces, attracting strong customer traffic.

  3. B3-1 Zoning: Commercial use on the first floor with potential to add residential units above, creating additional rental income or resale opportunities.

  4. Versatile Space: First-floor layout suitable for restaurant, retail, or office use, offering flexibility for various business models.

  5. Well-Maintained: Recent updates include a modern interior remodel, fully repaired roof, new HVAC system, replaced boiler, and tuckpointing completed twice in the last 10 years.

  6. Development Upside: Mixed-use potential allows investors to maximize long-term value through residential expansion.

Listing Contacts

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT

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Additional Information

Name
Michael Kang
License
IL 475163662
Brokerage
Coldwell Banker Realty
Brokerage Phone
(708) 852-3564
Title
Real Estate Broker
Brokerage Address
676 North Michigan Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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