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    3032 N Lincoln Avenue

    Chicago, IL 60657
    • $850,000
    • STATUS: Active
    • ON SITE: 377 days
    • MLS #: 10610269
    UPDATED: 71 min ago
    $850,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Rarely available Lakeview mixed use brick 3-unit building with restaurant/bar on first floor and two large apartments above. Fully occupied building with large and spacious floorplan per floor. Hardwood floors throughout, high ceilings, separate utilities, upgraded plumbing, and new back deck are some of the recent updates. Fantastic Lakeview location on Lincoln, minutes from Ashland, Southport, Diversey, and Belmont. Rents low due to out of town owner, units can demand a higher price point. In unit washer/dryer for apartments. Residential leases are through summer, commercial space currently available for re-imagination. Lot can provide 5 tandem parking spaces in back. New back stairwell. Please do not disturb tenants, please provide 48 hours for showings. Business available for purchase.

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    © 2021 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 Touchstone Group. Based on information submitted to the MRED as of 2021-01-26T14:53:35.483 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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    3032 N Lincoln Avenue Chicago, IL 60657

    • Price: $850,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 10610269
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,900
    SQFT
    $218
    $/SQFT
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Property Description
    Rarely available Lakeview mixed use brick 3-unit building with restaurant/bar on first floor and two large apartments above. Fully occupied building with large and spacious floorplan per floor. Hardwood floors throughout, high ceilings, separate utilities, upgraded plumbing, and new back deck are some of the recent updates. Fantastic Lakeview location on Lincoln, minutes from Ashland, Southport, Diversey, and Belmont. Rents low due to out of town owner, units can demand a higher price point. In unit washer/dryer for apartments. Residential leases are through summer, commercial space currently available for re-imagination. Lot can provide 5 tandem parking spaces in back. New back stairwell. Please do not disturb tenants, please provide 48 hours for showings. Business available for purchase.
    Exterior Features

    Construction Materials Brick Frontage Type City Street Location Central Business DistrictMixed Use Area Miscellaneous Outside Balcony/Ies Outdoor Parking 1-5 Spaces Parking Total 5 Roof MembraneReflective Coating Roof Structure Flat

    Interior Features

    Cooling Central Individual Electric Separate Meters0-100 Amps Fire Protection Alarm MonitoredFire Extinguisher/S Flooring Wood Heat Ventilation Forced Air Miscellaneous Inside Multi-Tenant Number Of Apts 2 Number Of Dishwashers 2 Number Of Dryers 2 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN No Cap Rate 6.33 Current Use CommercialOther Electric Expense 0 Existing Lease Type Net Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago North Gross Income 91800 Gross Scheduled Income 91800 Insurance Expense 3327 Known Encumbrances None Known Lot Size Dimensions 25X125 Number Of Tenants 3 Other Expense 0 Tax Annual Amount 21900 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatVaries By Tenant Total Monthly Income 7650 Trash Expense 0 Unincorporated YN No Water Sewer Expense 12763 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Compass.


    © 2021 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 Touchstone Group. Based on information submitted to the MRED as of 2021-01-26T14:53:35.483 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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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647