Properties

Features
: None
: Electric to Site , Natural Gas Available
Address Map
US
IL
Cook
Chicago
60634
Lockwood
4353
Avenue
W88° 14' 24.2''
N41° 57' 35.7''
MONTROSE WEST OF LARAMIW ON THE CORNER OF MONTROSE AND LOCKWOOD
CHI - Portage Park
CHI - Portage Park
N
N
MULTI
Additional Information
: Brick
Circuit Breakers
Circuit Breakers
: Concrete Perimeter
43 X 125
6
6
Commercial,Retail
985000
2
Compass
Matthew Mika
Financial
14536
Listing Information
Norbert Mika
87291
Compass
153079
87291
MRED
Listing Information
103409
87291
Compass
Price Change
2026-09-25T06:06:02Z
2026-09-25T06:05:58Z
Property Description

Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 9.3. Expenses total $30182. Net income $75538. Cap rate of 7.6%. Newly coated roof with silicone newer boiler heating system and hot water tank.

Commercial Sale For Sale

4353 N Lockwood Avenue, Chicago, Illinois 60634

$937,000
Listing ID#12719351
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12719351
Price : $937,000
Year Built : 1923
Listing Status : Active
Property Sub Type : Mixed Use
Roof
Roof : Reflective Coating, Tar/Gravel
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