Property Attributes
- MLS#11811009
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Lincoln Park
- Zip60614
- StyleCommercial
- Year Built1894
- Taxes$ 29748
- Price$ 3,050,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10000
- Lot Size0.066001 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Retail/office space on 1st floor of a 4-story apt bldg w/vintage details. 2,500 SF, divisible into 2 units w/entrances on both Lincoln & Diversey. Extra large storefront windows & large signage panels on both streets. High ceilings w/track & recessed lighting, new hardwood floors. Full basement for storage. Washroom in middle w/upscale finishes. Affluent area demographics, ample street parking in area. 6 residential rental apartments above.
Price History | |
---|---|
6/17/2023 | Listed $4,000,000 |
6/20/2023 | 24% - $3,050,000 |
General Features
Cooling | Central Individual |
---|---|
Possession | Closing,Immediate |
Zoning | COMMR |
Construction Materials | Brick,Concrete,Steel Siding,Stone |
Year Built | 1894 |
Electric | Circuit Breakers,Separate Meters |
Tenant Pays | Air Conditioning,Electricity,Heat,Operating Stops,Repairs,Varies by Tenant |
Stories | 4 |
Township | Lake View |
Property SubType | Neighborhood Storefront |
Tax Year | 2021 |
Current Use | Commercial |
Gross Income | 278000 |
County | Cook |
Net Operating Income | 200000 |
Operating Expense | 70000 |
Property Type | Commercial Sale |
Status | Active |
Directions | Primary entrance on East side of Lincoln just South of Diversey/Racine/Lincoln intersection. 2nd entry at 1153 W Diversey |
City | Chicago |
Total Units | 2 |
MLS Area | CHI - Lincoln Park |
Lot Size Square Feet | 2875 |
Street Name | Lincoln |
Tax Annual Amount | 29748 |
Additional Parcels Y/N | No |
Leasable Area | 2500 |
Days on Market | 252 |
Lease Type | Modified Gross |
Standard Status | Active |
Property Type | Retail/Stores |
Total Actual Rent | 6000 |
Interior Features
Flooring | Wood |
---|---|
Street Suffix | Avenue |
Exterior Features
Building Area Total | 10000 |
---|---|
Lot Dimensions | 25' X 115' |
Frontage Type | City Street,Signal Intersection |
Exterior | Brick,Stone,Limestone |
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