7701-7757 W Lawrence Ave

Property Overview

Income-producing mixed-use investment on high-traffic Lawrence Avenue in Norridge. Ground-floor commercial retail with multifamily residential above, generating a 7.29% cap rate. Ideal for investors seeking stable cash flow in a strong suburban corridor with established retail demand.

Property Highlights

• ✓ Mixed-use: ground-floor retail + upper-floor multifamily
• ✓ 7.29% cap rate — strong cash-on-cash return
• ✓ High-traffic Lawrence Ave corridor
• ✓ Multiple income streams from diversified tenant mix
• ✓ Near Harlem Irving Plaza regional shopping center
• ✓ Low suburban taxes relative to Chicago

Location

Norridge is a stable inner-ring suburb northwest of Chicago, known for low taxes, strong retail corridors, and proximity to O'Hare. Lawrence Avenue benefits from high daily traffic and adjacency to Harlem Irving Plaza, one of the region's busiest retail centers.

Current Income & Expenses