Chicago, IL 60625 5441 N Lincoln Avenue
$1,599,000
Pending



30 more































Presented By: Coldwell Banker Realty
Home Details
Lincoln Square Exceptional 7 Unit building walking distance to Brown Line and Metra featuring Four 5 room, 2-bedroom units with 1 bathroom each, and Three office/commercial units with 1 bathroom each. Each of the 4 apartments are large, approximately 1,300 Sq. Ft each. There are 4 garage parking spaces in rear and incredible rooftop deck possibilities to entertain with 360 views of the city. All units feature separate GFA heat, central air, separate gas and electric. Low-cost building to operate. Apartments feature 10-foot ceilings, inviting warm wood trim, hardwood floors, modern appliances, and more. Basement features owners professional office plus an additional recreation room. Additional Passive Income from Advertising Billboard on north side of building facing Lincoln Avenue may be possible if variance approved. When you consider inflated material costs and expenses to build a new building like this, you will understand this is a far greater value considering it is Turnkey. Perfect 1031 Exchange Candidate! 2024 CAPITAL IMPROVEMENTS 2024 New Roof & Gutters for Building & Garage 2024 Remodeled Garage with New Roof/Doors/Gutters. New Electric Wiring, Breakers, and Plumbing Pipes 2011.
Presented By: Coldwell Banker Realty
General for 5441 N Lincoln Avenue
Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsFoster Ave North to 5441 N. Lincoln Ave
ElectricCircuit Breakers
Electric Expense504
Fuel Expense2500
Gross Income170400
Insurance Expense4200
Lot Size Square Feet4805
MLS AreaCHI - Lincoln Square
Net Operating Income141549
Number Of Units Total7
Operating Expense28851
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusPending
StatusPending
Stories3
Tax Annual Amount12827
Tax Year2023
Trash Expense2400
Water Sewer Expense3700
Year Built1929
ZoningMULTI
Exterior for 5441 N Lincoln Avenue
Lot Dimensions50 X 119
Additional Details
Price History
