1st Liberty Management Inc. Purchases Mixed-Use Property At 7701-7757 W. Lawrence Ave For $4.5M
7701 West Lawrence Avenue & 7757 West Lawrence Avenue
$4,500,000
$54/SF
Building Size
41,000 SF
Asset Type
Mixed-use
Closing
Oct 28, 2026
About this deal
AI
A mixed-use property at 7701-7757 West Lawrence Avenue in Norridge, Illinois has been sold for $4,500,000. This property encompasses 41,000 square feet and is situated on 1.94 acres of land in the Norridge market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,500,000
- Square Feet: 41,000
- Price Per Square Foot: $110
- Address: 7701-7757 West Lawrence Avenue
- Market: Norridge, IL
- Buyer: 1st Liberty Management, Inc.
- Seller: Private owner
- Seller's Representative: Jason Bitton - RE/MAX Commercial
- Buyer's Representative: Bill Gold - Troy Realty
The transaction was closed on October 21, 2026, with Jason Bitton representing the seller and William L. Gold of Troy Realty Ltd. representing the buyer in this deal.
On the Map
$4,500,000
$54/SF
Mixed-use
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Players
Avenue Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93