$1,525,000
1942 N Lincoln Avenue
Chicago, IL, 60614
Stunning seven unit property in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one studio. Recent improvements include adding central heat/air, renovating kitchens and baths in five of the apartments, and improving the common area hallways. Three parking spaces in the rear for additional revenue as well as coin laundry. Professional management in place and can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $11,750 with room to easily push past $13k by end of 2024.
Property Details
Price:
$1,525,000
MLS #:
MRD12021480
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1942 N Lincoln Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 9, 2024
State:
IL
ZIP:
60614
Year Built:
1880
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Financial
Buyer Agent Compensation
2% – $395Net Sale Price
Tax Year
2022
Taxes
$22,185
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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1942 N Lincoln Avenue
Chicago, IL
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