2769 N Lincoln Avenue Chicago, IL ^$ 3,050,000

2769 N Lincoln Avenue

^$ 3,050,000

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2769 N Lincoln Avenue

Chicago, IL, 60614

^$ 3,050,000

Studio Baths0.0 Sq 10,000

Monthly Estimate*

^$ 20,271

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Studio

Commercial Property for sale in Chicago, IL

for $3,050,000. This 10,000 square foot building was built in 1894 on a lot size of 0.066001.

Retail/office space on 1st floor of a 4-story apt bldg w/vintage details. 2,500 SF, divisible into 2 units w/entrances on both Lincoln & Diversey. Extra large storefront windows & large signage panels on both streets. High ceilings w/track & recessed lighting, new hardwood floors. Full basement for storage. Washroom in middle w/upscale finishes. Affluent area demographics, ample street parking in area. 6 residential rental apartments above.

Commercial Active

Price

^$ 3,050,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 29,748

Style

Commercial

Lot Size

0.066001

Year Built

1894

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11811009

Features

General

Cooling Central Individual

Possession Closing Immediate

Zoning COMMR

Construction Materials Brick Concrete Steel Siding Stone

Year Built 1894

Electric Circuit Breakers Separate Meters

Tenant Pays Air Conditioning Electricity Heat Operating Stops Repairs Varies by Tenant

Stories 4

Township Lake View

Property SubType Neighborhood Storefront

Tax Year 2021

Current Use Commercial

Gross Income 278000

County Cook

Net Operating Income 200000

Operating Expense 70000

Property Type Commercial Sale Retail/Stores

Status Active

Directions Primary entrance on East side of Lincoln just South of Diversey/Racine/Lincoln intersection. 2nd entry at 1153 W Diversey

City Chicago

NumberOfUnitsTotal 2

MLS Area CHI - Lincoln Park

Lot Size Square Feet 2875

Street Name Lincoln

Tax Annual Amount 29748

Additional Parcels Y/N N

Leasable Area 2500

Days on Market 252

Lease Type Modified Gross

Standard Status Active

Total Actual Rent 6000

Interior

Flooring Wood

Street Suffix Avenue

Exterior

Building Area Total 10000

Lot Dimensions 25' X 115'

Frontage Type City Street Signal Intersection

Exterior Brick Stone Limestone

* Excluded Features

List By

The Lord Companies L.L.C.

Broker

scott@lordcompanies.com

Affordability Calculator

$22,750

Per Month

Monthly Principal & Interest: $20,271
Monthly Property Taxes: $2,479
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$842,007

Percent of Sale Price 72%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/20/2023	$3,050,000	-23.75%	Price Down
6/17/2023	$4,000,000		Listed Price

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2769 N Lincoln Avenue, Chicago, IL, 60614 is a Commercial Property for sale at $3,050,000 with 10,000 sqft and a lot size of 0.066001. 2769 N Lincoln Avenue is a studio with 0.0 baths and was built in 1894. The property's zip code is 60614 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/1/2024.

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2769 N Lincoln Avenue

Commercial Property for sale in Chicago, IL

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