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5441 N Lincoln Avenue, Chicago, IL 60625
5441 N Lincoln Avenue, Chicago, IL 60625
  • $1,599,000

Overview

Property ID: 12198538
  • Commercial Sale
  • Property Type
  • 1929
  • Year Built

Description

Lincoln Square Exceptional 7 Unit building walking distance to Brown Line and Metra featuring Four 5 room, 2-bedroom units with 1 bathroom each, and Three office/commercial units with 1 bathroom each. Each of the 4 apartments are large, approximately 1,300 Sq. Ft each. There are 4 garage parking spaces in rear and incredible rooftop deck possibilities to entertain with 360 views of the city. All units feature separate GFA heat, central air, separate gas and electric. Low-cost building to operate. Apartments feature 10-foot ceilings, inviting warm wood trim, hardwood floors, modern appliances, and more. Basement features owners professional office plus an additional recreation room. Additional Passive Income from Advertising Billboard on north side of building facing Lincoln Avenue possible. When you consider inflated material costs and expenses to build a new building like this, you will understand this is a far greater value considering it is Turnkey. Perfect 1031 Exchange Candidate! 2024 CAPITAL IMPROVEMENTS 2024 New Roof & Gutters for Building & Garage 2024 Remodeled Garage with New Roof/Doors/Gutters. New Electric Wiring, Breakers, and Plumbing Pipes 2011.

  • Address 5441 N Lincoln Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60625
  • Area CHI - Lincoln Square

Details

Updated on December 9, 2024 at 4:34 pm
  • Property ID: 12198538
  • Price: $1,599,000
  • Garage Size: x x
  • Year Built: 1929
  • Property Type: Commercial Sale
  • Property Status: Active

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