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5820 N Lincoln Avenue
Chicago IL 60659 US

$800,000

Active Under Contract Listing ID 12138770
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$800,000

Active Under Contract Listing ID 12138770
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5820 N Lincoln Avenue 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!

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Floor Covering: Carpet, Vinyl, Wood
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 800000
  • unparsedaddress: 5820 N Lincoln Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60659
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 5600
  • livingareaunits: Square Feet
  • listagentfullname: Trung Duong
  • listagentemail: trung.duong@compass.com
  • listagentkey: 3yd-MREDIL-123597
  • listagentmlsid: 123597
  • listagentpreferredphone: 3122850041
  • listagentofficephone: 7734821917
  • listofficekey: 3yd-MREDIL-87120
  • listagentstatelicense: 471010345
  • listofficemlsid: 87120
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1968
  • listingcontractdate: 2024-08-13
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 13013190060000
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl, Wood
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"trung.duong@compass.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"55 E ERIE ST STE 1C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"125600", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60611", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Apts/Ofc/Store, Apts/Ofc, Apts/Stores - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12138770/?channel=rexren", "MLSModificationTimestamp":"2024-11-07T09:28:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - West Ridge"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12958, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:08:24 AM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Trung Duong, Compass, trung.duong@compass.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.