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4752 N Lincoln Avenue

Chicago, IL 60625
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • MLS #: 11616455
Under Contract
$1,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1921
County:

School Ratings & Info

Description

Mixed use building in the heart of Lincoln Square. Retail store front and 3-bedroom apartment (2nd floor) on one of the most sought after blocks in Chicago. Adjacent office space and two car garage on Western Ave. Lincoln Avenue store front includes full basement and has long term (Verizon) with a lease able to be renegotiated Jan 2024. Western Avenue store front rented by long term tenant, under market price. 3 bedroom/1 bath apartment, 2 car garage and additional storage. Original woodwork, decorative fireplace, hardwood floors throughout, in-unit W/D & back deck. Could be awesome for AirB&B. Maybe a larger development on this long/wide lot currently zoned B1-1. Premier retail location in Lincoln Square. Easy access to public transportation or TOD project. Building is fully occupied and clean. Western commercial space is in need of a full rehab or redevelopment. See survey in photos. A great portfolio piece for a savvy buyer.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-05T23:58:23.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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4752 N Lincoln Avenue Chicago, IL 60625

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • MLS #: 11616455
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1921
Built
Neighborhood:
Chi - Lincoln Square
County:
Cook
Area:
Chi - Lincoln Square
Property Description
Mixed use building in the heart of Lincoln Square. Retail store front and 3-bedroom apartment (2nd floor) on one of the most sought after blocks in Chicago. Adjacent office space and two car garage on Western Ave. Lincoln Avenue store front includes full basement and has long term (Verizon) with a lease able to be renegotiated Jan 2024. Western Avenue store front rented by long term tenant, under market price. 3 bedroom/1 bath apartment, 2 car garage and additional storage. Original woodwork, decorative fireplace, hardwood floors throughout, in-unit W/D & back deck. Could be awesome for AirB&B. Maybe a larger development on this long/wide lot currently zoned B1-1. Premier retail location in Lincoln Square. Easy access to public transportation or TOD project. Building is fully occupied and clean. Western commercial space is in need of a full rehab or redevelopment. See survey in photos. A great portfolio piece for a savvy buyer.
Exterior Features

Docks None Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking None On Site Parking Total 2 Roof Rubber Roof Structure Flat Water Drainage Floor Drains

Interior Features

Cooling Central AirWindow Unit(S) Fireplaces Total 1 Flooring CarpetWood Heat Ventilation Central Heat/Indiv ControlsForced AirRadiators Miscellaneous Inside Private Restroom/SStorage InsideBasement Number Of Dishwashers 1 Number Of Dryers 1 Number Of Ranges 1 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm On Site Geographic Locale Chicago North Gross Income 70200 Gross Scheduled Income 70200 Insurance Expense 0 Location Central Business District Mls Actual Status Contingent Net Operating Income 44260 Number Of Tenants 3 Operating Expense 11650 Ownership Types IndividualLand Trust Possible Use CommercialOffice And ResearchRetail Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 14582 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatInsuranceScavenger Total Monthly Income 5850 Township Lake View Type Mixed Use Utilities Electric To SiteGas To SiteWater-Community Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of The Wilcox Company: 773-583-0800.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-05T23:58:23.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Chicago IL, 60611