3740 N Lincoln Avenue
Chicago, IL, 60613
$750,000
Beds
0 Baths
3,100 SqFt
0 Acres
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$750,000
3740 N Lincoln Avenue
Chicago, IL, 60613
MLS #MRD11953885 img 0MLS #MRD11953885 img 1MLS #MRD11953885 img 2MLS #MRD11953885 img 3MLS #MRD11953885 img 4MLS #MRD11953885 img 5MLS #MRD11953885 img 6MLS #MRD11953885 img 7MLS #MRD11953885 img 8MLS #MRD11953885 img 9MLS #MRD11953885 img 10MLS #MRD11953885 img 11MLS #MRD11953885 img 12MLS #MRD11953885 img 13MLS #MRD11953885 img 14MLS #MRD11953885 img 15MLS #MRD11953885 img 16MLS #MRD11953885 img 17
Established tenants since 2019 with new 5 year leases until 2030. 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 #:
MRD11953885
Status:
Active
Beds:
0
Baths:
0
Address:
3740 N Lincoln Avenue
Type:
Commercial
Subtype:
Condominium
Neighborhood:
CHI – North Center
City:
Chicago
Listed Date:
Jan 2, 2024
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

Net Operating Income
$58,321
Tax Year
2023
Taxes
$1
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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Courtesy of Fahy Real Estate Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
Rover IDX
3740 N Lincoln Avenue
Chicago, IL