$750,000
3740 N Lincoln Avenue
Chicago, IL, 60613
New 5 year leases until 2030 with established tenants since 2019. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
Property Details
Price:
$750,000
MLS #:
MRD12287389
Status:
Active
Beds:
0
Baths:
0
Address:
3740 N Lincoln Avenue
Type:
Commercial
Subtype:
Condominium
Neighborhood:
CHI – North Center
City:
Chicago
Listed Date:
Feb 10, 2025
State:
IL
Finished Sq Ft:
3,100
Total Sq Ft:
3,100
ZIP:
60613
Year Built:
2006
Schools
Interior
Cooling
Central Air, Central Individual
Flooring
Concrete, Other
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$1
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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3740 N Lincoln Avenue
Chicago, IL
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