Address
3921 W TOUHY Avenue, Lincolnwood, IL
Price
$ 1,200,000
Property Attributes
  • MLS#11813719
  • TypeCommercial
  • CountyCOOK
  • CityLincolnwood
  • AreaLincolnwood
  • Zip60712
  • Style
  • Year Built1970
  • Taxes$ 15223
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4800
  • Lot Size1.07996 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

**All units are fully leased!! Sales only!!** Don't miss this prime rental opportunity (B2 Zoning) on a high traffic area in Lincolnwood. The total rental space is 4,800 sq ft but it can be divided into 1600 sq ft each. The location is super. The population is so dense. There are 15K+ people living in 1 mile radius, 297K in 3 miles, and 809K in 5 miles!! Also, the neighborhood is great!! The average house income in the area is $100K+!! Another great opportunity of this area is that a huge mixed use residential complex called District 1860 will open this year at the intersection of Touhy and Lincoln Ave (only 0.6 miles away from this property). Once District 1860 is open, there will be heavier walking and car traffic at Touhy and drive more retail businesses. What about the demographic in this area? It is very diverse so you can have many great options to run a business instead of focusing on a specific ethnic group. The property is worry free because it was fully updated with new roof, new HVAC, new Water Heater, new electricity wiring, etc. It also comes with 15+ parking bays. The current condition of the property is a whitepaper. The next step for you is just coming to the property and draw your dream business in it! The seller/landlord is very open to negotiate TI or build out depending on lease or sales terms. What are you waiting for?? **If you want to rent a part of the building, here is the price for each unit. 3921 W Touhy - $20/sf, 3923 W Touhy - $23/sf, and 3925 W Touhy - $25/sf

Price History
6/21/2023 Listed $1,200,000

General Features

Cooling Central Air,Central Individual
Year Built 1970
Electric Separate Meters
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Operating Stops,Taxes,Insurance,Repairs,Scavenger,Tax Stops,Sewer
Stories 1
Township Niles
Property SubType Medical,Neighborhood Storefront,Other,Restaurant
Tax Year 2021
County Cook
Property Type Commercial Sale
Status Active
Directions TOUHY AVE. ONE BLOCK WEST OF CRAWFORD ON SOUTH SIDE OF THE STREET.
City Lincolnwood
Total Units 3
MLS Area Lincolnwood
Lot Size Square Feet 47043
Street Name TOUHY
Tax Annual Amount 15223
Leasable Area 4800
Days on Market 318
Lease Type Net
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 4800
Lot Dimensions 100X140
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60712

Price
AVG $590K
$1.2M
Taxes
AVG $25,324
$15,223
Visits
AVG 114
260
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1970
Walkscore
AVG 76
84
Data Provided by Walkscore® not using MLS data

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