1242 West Lawrence Avenue, Chicago, IL 60640 For Sale

1242 West Lawrence Avenue is a well-located, mixed-use multifamily asset in the heart of Chicago’s vibrant Uptown neighborhood. Positioned along Lawrence Avenue, a major commercial and transit corridor, the property benefits from strong visibility, excellent walkability, and robust demand drivers that make Uptown a resilient and renter-friendly submarket on Chicago’s North Side.

The asset comprises 54 multifamily units and 2 commercial spaces, offering a balanced income stream from residential rentals supported by neighborhood-oriented retail. With approximately 40,422 rentable square feet, the property provides efficient scale in a dense urban setting. Modern management practices and a diversified unit mix position it well for stable occupancy and cash flow in a supply-constrained market.