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$799,900 Just Listed
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Property Description
Jefferson Park/Mayfair Park! Outstanding opportunity to acquire a well-cared-for, approximately 8,000-square-foot, two-story brick mixed-use/professional office building in a highly accessible location. The building offers tremendous flexibility for an owner-user, investor, medical or wellness group, therapist/psychology practice, professional office center, medical spa, or multi-tenant investment; this property provides a versatile configuration with numerous possibilities. The building is currently configured with eight spacious suites, Men and women's restrooms on each of the two levels. Several suites have approximately three to five individual private offices within each suite, creating an excellent layout for multiple practitioners, independent professionals or businesses operating under one roof. The generous suite sizes and flexible floor plans provide the ability to accommodate a variety of professional and service-oriented uses. The property is particularly well suited for a medical spa, wellness center, behavioral-health or psychology practice, counseling center, therapy group, professional services firm, or shared practitioner environment. Prospective purchasers should independently confirm that their intended use complies with current zoning and licensing requirements. The building has been well maintained, with important capital improvements including furnace and air-conditioning equipment replaced within approximately the past 10 years and a recent roof "overlay." The property includes eight private parking spaces at the rear of the building, along with ample free street parking. The location provides exceptional connectivity. Building is approximately one block east of the Kennedy Expressway (I-90), with nearby access to I-94, and is within walking distance of the Jefferson Park CTA Blue Line and Metra transportation center, providing convenient access to downtown Chicago and O'Hare International Airport. Property has two PIN numbers; financials reflect six of the eight units rented. Photos have been virtually staged.
Full Property Details
Full Property Details for 5015 W Lawrence Ave
General
- Price: $799,900
- Taxes: $32,000 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12766973
Additional Information
- Security/Safety: Sprinklers (Dry)
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: EAST OF KENNEDY EXPRESSWAY, WEST OF EDENS EXPRESSWAY/CICERO AVE
- Location Details: Chicago Northwest
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Forced Air, Gas
Utilities
- Trash: 240
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 8,000
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- # Tenants: 6
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Potential Use: Commercial
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $4,000
- Operating Expenses: $33,360
- Security Deposit: Sprinklers-Dry
- Assessment Year: 1912
- Tax Amount: $32,000
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance
- Pays Electric: 515
- Pays Trash: 240
Disclosures and Reports
- Property ID: 13162030030000
Listed by Baird & Warner
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Schools
Schools serving 5015 W Lawrence Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Beaubien Elementary School 5025 North Laramie Avenue, Chicago, IL 60630 | PK-8 | 0.4 mi |
Taft High School 6530 West Bryn Mawr Avenue, Chicago, IL 60631 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 5015 W Lawrence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,218
-7%
$75,744
-2%
2023
$16,350
3%
$77,494
—
2022
$15,939
2%
$77,494
—
2021
$15,583
10%
$77,494
22%
2020
$14,115
-20%
$63,360
-28%
2019
$17,707
-12%
$88,135
-14%
2018
$20,148
134%
$101,998
155%
2017
$8,610
-13%
$39,997
-19%
2016
$9,918
23%
$49,517
12%
2015
$8,069
—
$44,035
2%
2014
$8,030
49%
$43,277
46%
2013
$5,378
-7%
$29,568
-8%
2012
$5,758
—
$32,087
—
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 5015 W Lawrence Ave
5015 W Lawrence Avenue, Chicago, IL 60630 (MLS# 12766973) is a Commercial property. 5015 W Lawrence Avenue is currently listed for $799,900 and was received on October 05, 2026. Want to learn more about 5015 W Lawrence Avenue? Do you have questions about finding other Commercial real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.

