Address
4203 W Lawrence Avenue, Chicago, IL
Price
$ 675,000
Property Attributes
- MLS#12544597
- TypeBusiness Op
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Albany Park
- NeighborhoodAlbany Park
- Zip60630
- StyleRestaurant
- Taxes$ 16289
- Price$ 675,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2700
- Lot Size0.130165 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Rare opportunity to acquire a 2700 SF building situated on a 5,670 SF lot along high-traffic Lawrence Ave. The property includes 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 resale. The restaurant seats around 80 guests across a main and smaller dining area and has been well-maintained with updates including a repaired roof, modern interior remodel, new HVAC system, and boiler replacement. The versatile first-floor space can continue as a restaurant or be adapted for retail or office use, offering flexibility for a variety of business models. Ideal for restaurateurs, investors, or entrepreneurial buyers, this property combines an established operation with brand recognition, prime real estate, and significant mixed-use development potential in one exceptional package.
| Price History | |
|---|---|
| 1/10/2026 | Listed $675,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Natural Gas Available |
| Possession | Closing |
| Zoning | RTAIL |
| Construction Materials | Brick,Concrete |
| Electric | Service - 101 to 200 Amps |
| Tenant Pays | Common Area Maintenance,Electricity,Heat,Taxes,Insurance,Repairs |
| Stories Count | 1 |
| Tax Year | 2023 |
| Business Type | Restaurant |
| County | Cook |
| Operating Expense | 999 |
| Property Type | Business Opportunity |
| Possible Use | Condominium,Office,Residential,Retail |
| Status | Active |
| Directions | PULASKI 2 LAWRENCE,W 2 THE PROPERTY. |
| City | Chicago |
| MLS Area | CHI - Albany Park |
| Lot Size Square Feet | 5670 |
| Tax Annual Amount | 16289 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://tour.giraffe360.com/ddd3d7cedd934f5c8602e51ee9a4d50c/ |
| Lease Type | Gross |
| Standard Status | Active |
| Property Type | Bus / Bus w/Real Est |
Exterior Features
| Building Area Total | 2700 |
|---|---|
| Lot Dimensions | 48 X 120 |
| Frontage Type | City Street,Public Road,Signal Intersection |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 60630
Price
Taxes
Visits
REALTORS® Wisconsin Real Estate Exchange (WIREX). All information deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), nor Cove Realty, LLC - WI, nor WIREX MLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cove Realty, LLC - WI may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 Wisconsin Real Estate Exchange (WIREX) MLS, Inc. All rights reserved. Last Updated: September 28, 2026 5:36 PM UTC
