$ 800,000
5820 N Lincoln Avenue Chicago, IL 60659
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 800,000
Est. payment /mo
Active Under Contract
5820 N Lincoln Avenue Chicago, IL 60659
5,600 SqFt
UPDATED:
11/07/2024 02:28 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $142
MLS Listing ID 12138770
Year Built 1968
Annual Tax Amount $12,958
Tax Year 2022
Lot Dimensions 25 BY 125
Property Description
This excellent investment opportunity features a mixed-use brick building with four residential units and one commercial store, ideally located across from Mather High School and within walking distance to Jamieson Elementary School. The ground floor retail space spans approximately 3,500 square feet, complete with 1.1 bathrooms, separate central HVAC, and a prominent storefront. The four residential apartments each offer around 650 square feet of living space, featuring 2 bedrooms and 1 bathroom with identical layouts. Additionally, the property includes two outdoor parking spaces. This building is easy to manage, making it ideal for new investors looking to enjoy a steady rental income. Convenient and free parking is available on Lincoln Avenue and surrounding side streets. Don't miss this fantastic opportunity to invest in a well-located, income-producing property!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Fireplace Y
Exterior
View Y/N true
Roof Type Membrane
Building
Foundation Concrete Perimeter
Structure Type Brick
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Listed by Trung Duong • Compass