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4203 Lawrence Ave 2,376 SF Sports & Entertainment Building Offered at $927,261 CAD in Chicago, IL 60630



Executive Summary
Rare opportunity to acquire a fully operational restaurant with prime Chicago real estate at 4203 W Lawrence. This 2,700 SF building sits on a 5,670 SF lot with approximately 13 parking spaces and is zoned B3-1, allowing commercial use on the first floor and the potential to add residential units above for rental income or future resale.
The restaurant comfortably seats 80 guests across a main and smaller dining area and comes turnkey with all essential kitchen equipment and fixtures. Well-maintained updates include a modern interior remodel, new HVAC system, recently replaced boiler, and tuckpointing completed twice in the last decade.
This property offers a unique combination of established business, flexible commercial space, and long-term mixed-use development potential, making it ideal for investors, restaurateurs, or entrepreneurial buyers seeking a turnkey operation in a prime Chicago location.
Investment highlights
Turnkey Operation: Fully operational restaurant with all equipment and fixtures included, ready for immediate business.
Prime Location: Situated on a 5,670 SF lot in Chicago with 13 parking spaces, attracting strong customer traffic.
B3-1 Zoning: Commercial use on the first floor with potential to add residential units above, creating additional rental income or resale opportunities.
Versatile Space: First-floor layout suitable for restaurant, retail, or office use, offering flexibility for various business models.
Well-Maintained: Recent updates include a modern interior remodel, fully repaired roof, new HVAC system, replaced boiler, and tuckpointing completed twice in the last 10 years.
Development Upside: Mixed-use potential allows investors to maximize long-term value through residential expansion.
The restaurant comfortably seats 80 guests across a main and smaller dining area and comes turnkey with all essential kitchen equipment and fixtures. Well-maintained updates include a modern interior remodel, new HVAC system, recently replaced boiler, and tuckpointing completed twice in the last decade.
This property offers a unique combination of established business, flexible commercial space, and long-term mixed-use development potential, making it ideal for investors, restaurateurs, or entrepreneurial buyers seeking a turnkey operation in a prime Chicago location.
Investment highlights
Turnkey Operation: Fully operational restaurant with all equipment and fixtures included, ready for immediate business.
Prime Location: Situated on a 5,670 SF lot in Chicago with 13 parking spaces, attracting strong customer traffic.
B3-1 Zoning: Commercial use on the first floor with potential to add residential units above, creating additional rental income or resale opportunities.
Versatile Space: First-floor layout suitable for restaurant, retail, or office use, offering flexibility for various business models.
Well-Maintained: Recent updates include a modern interior remodel, fully repaired roof, new HVAC system, replaced boiler, and tuckpointing completed twice in the last 10 years.
Development Upside: Mixed-use potential allows investors to maximize long-term value through residential expansion.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $927,261 CAD | Lot Size | 0.06 AC |
| Price Per SF | $390.26 CAD | Building Size | 2,376 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built | 1873 |
| Building Class | C | ||
| Zoning | Residential | ||
| Price | $927,261 CAD |
| Price Per SF | $390.26 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,376 SF |
| No. Stories | 1 |
| Year Built | 1873 |
| Zoning | Residential |
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Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 13-15-203-021-0000 | Improvements Assessment | $34,876 CAD |
| Land Assessment | $68,154 CAD | Total Assessment | $103,030 CAD |
Property Taxes
Parcel Number
13-15-203-021-0000
Land Assessment
$68,154 CAD
Improvements Assessment
$34,876 CAD
Total Assessment
$103,030 CAD
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4203 Lawrence Ave
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