$3,650,000
5824 N Lincoln Avenue
Chicago, IL, 60659
Introducing an exceptional turn-key investment opportunity in the heart of the highly desirable Peterson Park Neighborhood. This new construction 8-unit rental property is fully occupied, making it the ideal choice for 1031 exchanges. Each of the spacious 1,800 sq. ft. units features 3 bedrooms and 2 bathrooms, offering a luxurious living experience with condo-quality finishes throughout. Designed with meticulous attention to detail, these rental units feature an open-concept layout, highlighted by a magnificent kitchen featuring a large 10ft island, sleek quartz countertops, and a premium stainless steel appliance package. Custom cabinetry and a beautifully tiled backsplash add an extra touch of elegance to this culinary haven. Retreat to the spacious primary bedroom, complete with a generous walk-in closet and an ensuite bath with heated floors that exudes sophistication. Refresh in the double vanity and unwind in the walk-in rainfall shower, enhanced by a glass enclosure for a spa-like experience. Each unit offers an oversized private walk-out balcony, and access to the common area rooftop deck space perfect for enjoying outdoor living. With low maintenance and operational costs, this property represents a rare and outstanding investment in a family-friendly community. Don’t miss the opportunity to own this turn-key asset designed for long-term profitability and growth
Property Details
Price:
$3,650,000
MLS #:
MRD12182639
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5824 N Lincoln Avenue
Type:
Commercial
Neighborhood:
CHI – West Ridge
City:
Chicago
Listed Date:
Oct 8, 2024
State:
IL
ZIP:
60659
Year Built:
2023
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Block
Financial
Tax Year
2022
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 Prodan Realty 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.
5824 N Lincoln Avenue
Chicago, IL
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