$1,400,000
5107 N Lincoln Avenue
Chicago, IL, 60625
Lincoln Square mixed-use property on a double lot, features 4 apartments and 2 storefronts. The bar business, St. Pauli Bar, is included in the sales price. The owner has operated here since 1979 with a 4 am liquor license. There is potential to expand for the next owner. There are 4-5 room, 2 bedroom, 1 bath units. The apartments feature original woodwork and doors, generous closet space & artificial fireplaces on the south side The building has had tuck pointing done on all sides, a rebuilt chimney and front facade. A rubber tear off roof was inspected & recoated in 2017. The exterior wood porch was painted & stairs were replaced as needed-2015. The full basement features a walk in cooler for the bar, laundry tubs and mechanicals & offers additional space for storage. A rear asphalt parking lot offers space for 12 cars.
Property Details
Price:
$1,400,000
MLS #:
MRD11660727
Status:
Active
Beds:
0
Baths:
0.00
Address:
5107 N Lincoln Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 24, 2022
State:
IL
Square Ft (approx):
7,890
ZIP:
60625
Year Built:
1915
Schools
Interior
Cooling
Central Air, Central Individual, Window Unit(s)
Fireplaces Total
2
Flooring
Carpet, Tile, Wood
Exterior
Construction Materials
Brick
Roof
Reflective Coating, Rubber
Financial
Buyer Agent Compensation
0%
Tax Year
2021
Taxes
$6,526
Debra Dobbs is one of Chicago’s top realtors with more than 38 years in the real estate business.
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5107 N Lincoln Avenue
Chicago, IL