Chicago, IL 60659,5820 N Lincoln Avenue
Chicago, IL 60659,5820 N Lincoln Avenue
Chicago, IL 60659,5820 N Lincoln Avenue
6
$775,000
$800,000
3.1%
Est.Price: ?

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5,600 SqFt

5820 N Lincoln Avenue Chicago, IL 60659

Est. payment /mo
SOLD DATE : 01/07/2025

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Key Details

Sold Price $775,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $138

MLS Listing ID 12138770

Sold Date 01/07/25

Year Built 1968

Annual Tax Amount $12,958

Tax Year 2022

Lot Dimensions 25 BY 125

Property Sub-Type Mixed Use

Property Description

This excellent investment opportunity features a mixed-use brick building with four residential units and one commercial store, ideally located across from Mather High School and within walking distance to Jamieson Elementary School. The ground floor retail space spans approximately 3,500 square feet, complete with 1.1 bathrooms, separate central HVAC, and a prominent storefront. The four residential apartments each offer around 650 square feet of living space, featuring 2 bedrooms and 1 bathroom with identical layouts. Additionally, the property includes two outdoor parking spaces. This building is easy to manage, making it ideal for new investors looking to enjoy a steady rental income. Convenient and free parking is available on Lincoln Avenue and surrounding side streets. Don't miss this fantastic opportunity to invest in a well-located, income-producing property!

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Fireplace Y

Exterior

View Y/N true

Roof Type Membrane

Building

Foundation Concrete Perimeter

Structure Type Brick

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Listed by Trung Duong • Compass
Bought with Mohammed Chowdhury • Equity Market Realty Inc.

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agent

Paul Osipoff

Broker | License ID: 475.175198

+1(708) 441-5241

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