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    3032 N Lincoln Avenue

    Chicago, IL 60657
    • $950,000
    • STATUS: Active Under Contract
    • ON SITE: 152 days
    • MLS #: 11009465
    Under Contract
    UPDATED: 48 min ago
    $950,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $244
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Armchair investment. Rarely available Lakeview mixed use brick 3-unit building with restaurant/bar on first floor and two large apartments above. Large and spacious floorplan per floor. Hardwood floors throughout, high ceilings, separate utilities, upgraded plumbing, and new back deck are some of the recent updates. Fantastic Lakeview location on Lincoln, minutes from Ashland, Southport, Diversey, and Belmont. In unit washer/dryer for apartments with individual A/C and heat. Residential leases are through summer, commercial space with 4 year lease with a 4 year option to renew. Lot can provide 5 tandem parking spaces in back. New back stairwell and additional updates in units. Please do not disturb tenants, please provide 48 hours for showings.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T13:56:20.723 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3032 N Lincoln Avenue Chicago, IL 60657

    • Price: $950,000
    • Status: Active Under Contract
    • Updated: 48 min ago
    • MLS #: 11009465
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,900
    SQFT
    $244
    $/SQFT
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Property Description
    Armchair investment. Rarely available Lakeview mixed use brick 3-unit building with restaurant/bar on first floor and two large apartments above. Large and spacious floorplan per floor. Hardwood floors throughout, high ceilings, separate utilities, upgraded plumbing, and new back deck are some of the recent updates. Fantastic Lakeview location on Lincoln, minutes from Ashland, Southport, Diversey, and Belmont. In unit washer/dryer for apartments with individual A/C and heat. Residential leases are through summer, commercial space with 4 year lease with a 4 year option to renew. Lot can provide 5 tandem parking spaces in back. New back stairwell and additional updates in units. Please do not disturb tenants, please provide 48 hours for showings.
    Exterior Features

    Construction Materials Brick Frontage Type City Street Location Central Business DistrictMixed Use Area Miscellaneous Outside Balcony/Ies Outdoor Parking 1-5 Spaces Parking Total 5 Roof MembraneReflective Coating Roof Structure Flat

    Interior Features

    Cooling Central Individual Electric Separate Meters0-100 Amps Fire Protection Alarm MonitoredFire Extinguisher/S Flooring Wood Heat Ventilation Forced Air Miscellaneous Inside Multi-Tenant Number Of Apts 2 Number Of Dishwashers 2 Number Of Dryers 2 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN No Cap Rate 5.5 Current Use Commercial Electric Expense 0 Existing Lease Type Net Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago North Gross Income 87000 Gross Scheduled Income 87000 Insurance Expense 3437 Known Encumbrances None Known Lot Size Dimensions 25X125 Number Of Tenants 3 Other Expense 0 Tax Annual Amount 21900 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatVaries By Tenant Total Monthly Income 7250 Trash Expense 0 Unincorporated YN No Water Sewer Expense 9609 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Compass.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T13:56:20.723 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Northbrook IL, 60062