Date
Details
Price
Change
Source
10/24/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,400,000
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Property Description
Prime Value-Add Opportunity in Lincoln Square! This one- and part two-story, 12,000 SF mixed-use building offers an exceptional investment or owner-user opportunity in the heart of Chicago's highly sought-after Lincoln Square neighborhood on prominent location at the southwest corner of Western and Lawrence. 10,845 SF site zoned B3-3, the property features six commercial units (3 currently combined for tenant) on the ground floor and two residential apartments upstairs: a 2BR/1BA and a 3BR/1BA. This property offers strong rental income potential and an ideal location in one of Chicago's most vibrant communities.
Full Property Details
Full Property Details for 2401 W Lawrence Ave
General
- Price: $2,400,000
- Taxes: $43,174 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12503337
- Updated: 11/28/2025
- Added to Site: 84 day(s) ago
Location
- Area: CHI - Lincoln Square
- County: Cook
- Township: Jefferson
- Driving Directions: Western Ave. to Lawrence. Property on southwest corner.
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- Square Feet: 11,805
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1915
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,908
- Lot Dimensions: 101 x 108
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $43,174.23
- Tax Year: 2024
Disclosures and Reports
- Property ID: 13132070170000
Listed by A.R.E. Partners Inc.
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Listing agent
— 2401 W Lawrence Ave —
A.R.E. Partners Inc.
(312) 339-7655
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 2401 W Lawrence Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Waters Elementary School, Chicago, IL 4540 North Campbell Avenue, Chicago, IL 60625 | K-8 | 0.3 mi |
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2401 W Lawrence Ave
Tax History
Tax History for 2401 W Lawrence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$39,238
3%
$177,083
—
2022
$38,007
2%
$177,083
—
2021
$37,168
-8%
$177,083
2%
2020
$40,283
11%
$173,211
—
2019
$36,331
2%
$173,211
—
2018
$35,667
-3%
$173,211
6%
2017
$36,757
-7%
$164,067
-13%
2016
$39,585
23%
$189,600
12%
2015
$32,132
-16%
$169,310
-15%
2014
$38,425
32%
$199,794
30%
2013
$29,084
-1%
$154,270
-2%
2012
$29,260
—
$156,923
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2401 W Lawrence Ave
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- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 2Total Baths
- 2,187Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 6Beds
- 2Total Baths
- 1,400Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 2Total Baths
- 1,900Sq. Ft.
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- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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2401 W Lawrence Avenue, Chicago, IL 60625 (MLS# 12503337) is a Commercial property. 2401 W Lawrence Avenue is currently listed for $2,400,000 and was received on October 24, 2025. Want to learn more about 2401 W Lawrence Avenue? Do you have questions about finding other Commercial real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.