4250 W Lawrence Avenue, Chicago, IL 60630 - Photo 1

1/1

$1,410,000

Sold
Closed
Commercial
7,563 Sq. Ft.

1/1

Property Description

Turn-Key 8-Unit multifamily property in Albany Park situated on a 55X125 sf lot. Property contains 4-2bd/1ba units and 4-1bd/1ba units with 8 car parking lot in rear and stable long term tenants. Rock bottom Property Taxes due to Cook County Assessor's AHSAP Program inclusion. Many recent improvements include: tear off roof; (5) renovated apartments (2020); coin-operated laundry machines(2020); new steam boiler (2020); new domestic hot water tank (2020); new vinyl double hung windows (2025). Rare opportunity for investors seeking stable cash flow and long-term appreciation in one of Chicago's established north side neighborhoods. Schedule a showing today!

Full Property Details

Full Property Details for 4250 W Lawrence Ave

General

Sold For: $1,410,000
Taxes: $16,482 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12483155
Added to Site: 101 day(s) ago

Interior

Interior Features: Storage Inside, Laundry Room

Location

Area: CHI - Albany Park
County: Cook
Driving Directions: West on Lawrence Avenue to Property

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Central Building Heat, Gas

Structural Information

Construction: Brick
Exterior Const.: Brick
Foundation: Concrete Perimeter
Roof: Membrane
Stories/Levels: 3
Square Feet: 7,563
Current Bldg. Use: Multi-Family
Year Built: 1968
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 8
Units w/Range/Oven: 8
# Dryers: 2

Lot Features

Lot Size (Sq. Ft.): 6,875
Lot Dimensions: 55 x 125
Zoning: MULTI

Financial Considerations

Operating Expenses: $18,620
Assessment Year: 1968
Tax Amount: $16,482
Tax Year: 2023
Tenant Pays: Electricity

Disclosures and Reports

Property ID: 13104230430000

Listed by Vorobey Properties, Inc.
Sold by Vorobey Properties, Inc.

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— 4250 W Lawrence Ave —

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Schools

Schools serving 4250 W Lawrence Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Palmer Elementary School 5051 North Kenneth Avenue, Chicago, IL 60630	PK-8	0.4 mi
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631	9-12	3.1 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 4250 W Lawrence Ave

Date

Details

Price

Change

Source

12/12/2025

Sold

$1,410,000

-4.41%

MLS

10/07/2025

Listed

$1,475,000

—

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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4250 W Lawrence Avenue, Chicago, IL 60630 (MLS# 12483155) is a Commercial property that was sold at $1,410,000 on December 12, 2025. Want to learn more about 4250 W Lawrence Avenue? Do you have questions about finding other Commercial 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.

4250 W Lawrence Ave Chicago, IL 60630