2401 W Lawrence Avenue, Chicago, IL 60625 - Photo 1

1/1

$1,900,000

Sold
Closed
Commercial
11,805 Sq. Ft.
Updated 6 days ago

1/1

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

Sold For: $1,900,000
Taxes: $43,174 (2024)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12503337
Added to Site: 226 day(s) ago

Location

Area: CHI - Lincoln Square
County: Cook
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.
Sold by Pearson Realty Group

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Listing agent

— 2401 W Lawrence Ave —

A.R.E. Partners Inc.

(312) 339-7655

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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2401 W Lawrence Ave

Date

Details

Price

Change

Source

6/29/2026

Sold

$1,900,000

-5%

MLS

4/14/2026

Price Reduced

$2,000,000

-16.67%

MLS

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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4
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Price Reduced

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Active
Updated 18 hours ago

4
Beds
4
Total Baths
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Sq. Ft.

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Price Reduced

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Condo
Active
Updated 19 hours ago

2
Beds
2
Total Baths
1,000
Sq. Ft.

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Beds
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Total Baths

2401 W Lawrence Avenue, Chicago, IL 60625 (MLS# 12503337) is a Commercial property that was sold at $1,900,000 on June 29, 2026. 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.

2401 W Lawrence Ave Chicago, IL 60625