3740 N Lincoln Avenue
Chicago, IL, 60613
$750,000
Beds
0 Baths
3,100 SqFt
0 Acres
Add
Add
$750,000
3740 N Lincoln Avenue
Chicago, IL, 60613
MLS #MRD12287389 img 0MLS #MRD12287389 img 1MLS #MRD12287389 img 2MLS #MRD12287389 img 3MLS #MRD12287389 img 4MLS #MRD12287389 img 5MLS #MRD12287389 img 6MLS #MRD12287389 img 7MLS #MRD12287389 img 8MLS #MRD12287389 img 9MLS #MRD12287389 img 10MLS #MRD12287389 img 11MLS #MRD12287389 img 12MLS #MRD12287389 img 13MLS #MRD12287389 img 14MLS #MRD12287389 img 15MLS #MRD12287389 img 16MLS #MRD12287389 img 17
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

Net Operating Income
$58,321
Tax Year
2023
Taxes
$1
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

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

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

3740 N Lincoln Avenue
Chicago, IL