4472 Lawn Avenue, Western Springs IL 60558 Photo 1 4472 Lawn Avenue, Western Springs IL 60558 Photo 2 4472 Lawn Avenue, Western Springs IL 60558 Photo 3
Listing Courtesy of Re/Max Signature Homes

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4472 Lawn Avenue - Located in the quaint and upscale Downtown Western Springs Business District, 4472 Lawn Avenue is a fully leased 6000SF mixed use building that is perfect for an Investor or a 1031 Exchange opportunity or work your business out of the building with rental income for you. The building features 2 Updated Apartments on the 2nd floor, 1- 2 bedroom apt. and 1 - 3 bedroom apt. The first floor is currently retail store space rented out to 2 retail tenants (one of the tenants will be leaving) and can easily be converted to office space or restaurant. Full partial finished basement that can be converted to manufacturing space or storage space or office space. The first floor and the basement total approximately 6800 square feet of rentable space.

Listing information

  • MLS® ID: 09164556
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1967
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $15,351

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Geographic Locale East/West Corridor
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany
Other # Of Apts - 2, # Of Offices - 1, # Of Units - 5, Electricity Expense - 0, Expense Year - 2015, Fuel Expense - 0, Gross Rent Multiplier - 10.8, Gross Rental Income $ - 11028, Insurance Expense - 0, Net Oper Income $ - 86280, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2014, Total Annual Exp - 24000, Total Annual Income - 110280, Total Monthly Income - 9190, Township - Lyons, Water Expense - 0, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Property Type Mixed Use
Tenant Pays Electric
Listing Courtesy of Re/Max Signature Homes