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$675,000

  • For Sale
  • Active
  • Business
  • 2,700 Sq. Ft.
  • Updated 5 days ago
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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.

Full Property Details for 4203 W Lawrence Ave

General

  • Price: $675,000
  • Taxes: $16,289 (2023)
  • Status: Active
  • Type: Business
  • Source: MRED
  • MLS ID: 12544597
  • Updated: 1/15/2026
  • Added to Site: 11 day(s) ago

Business

  • Business Type: Restaurant
  • Years in Business: 11 or More
  • Seating Capacity: 76 to 100

Interior

  • Interior Features: Passenger Elevator(s), Public Restroom(s), Storage Inside

Location

  • Area: CHI - Albany Park
  • County: Cook
  • Driving Directions: PULASKI 2 LAWRENCE, W 2 THE PROPERTY.
  • Location Details: Corner

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Onsite: Electricity to Site, Natural Gas Available

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Stories/Levels: 1
  • Square Feet: 2,700

Lot Features

  • Lot Size (Sq. Ft.): 5,670
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 48 x 120
  • Frontage: City Street, Public Road, Signal Intersection
  • Potential Use: Condominium, Office, Residential, Retail
  • Zoning: RTAIL

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $999
  • Tax Amount: $16,289
  • Tax Year: 2023
  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs

Disclosures and Reports

  • Property ID: 13152030210000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 4203 W Lawrence Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 4203 W Lawrence Ave

School District:Chicago Public School District 299
NameGradesDistance
Palmer Elementary School
5051 North Kenneth Avenue, Chicago, IL 60630
PK-80.4 mi
Roosevelt High School, Chicago, IL
3436 West Wilson Avenue, Chicago, IL 60625
9-121 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 4203 W Lawrence Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$675,000
104.55%
MLS
12/23/2010
Sold
$330,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4203 W Lawrence Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,559
3%
$68,750
—
2022
$15,158
2%
$68,750
—
2021
$14,801
9%
$68,750
13%
2020
$13,629
11%
$60,967
—
2019
$12,290
2%
$60,967
—
2018
$12,082
-4%
$60,967
5%
2017
$12,527
-14%
$58,000
-20%
2016
$14,515
67%
$72,227
53%
2015
$8,693
-1%
$47,275
—
2014
$8,803
2%
$47,274
—
2013
$8,629
-33%
$47,274
-35%
2012
$12,960
—
$72,225
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4203 W Lawrence Avenue, Chicago, IL 60630 (MLS# 12544597) is a Business property. 4203 W Lawrence Avenue is currently listed for $675,000 and was received on January 09, 2026. This property is listed by SpaceMatch Inc. from our Gold Coast Office.Want to learn more about 4203 W Lawrence Avenue? Do you have questions about finding other Business real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

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