Water Views
Address
2827 N Lincoln Avenue, Chicago, IL
Price
$ 1,325,000
Property Attributes
- MLS#11993714
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Lake View
- NeighborhoodLake View
- Zip60657
- Style
- Year Built1897
- Taxes$ 17627
- Price$ 1,325,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.055096 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Very well maintained three story mixed-use building on busy Chicago street in Lake View. Building owner occupies first and will vacate prior to closing. Second and third floor apartments are currently leased to tenants. Main level is SPRAWLING, with foyer, three large rooms, and 1 car attached garage with additional storage space and separate office space. Two half-baths on main level. Second level has 2 bedrooms 2 bathrooms with additional office space and huge living room. Kitchen and one bathroom were completely remodeled in 2018. Bedroom with en suite bathroom also has a walk in closet with stackable laundry machines. Step up to the third floor that has one bedroom, one bathroom, living area, kitchen, and desk area. All-in-one laundry machine is in bathroom. Garage is ready for new owner to put a rooftop deck on for added space for outdoor meetings or for tenants to entertain. Rooftop has solar panels (free and clear, not leased) and powers main level (panels provide approximately $250 in electric per month). Check out the floor plans to see just how much space this building has to offer!
| Price History | |
|---|---|
| 3/1/2024 | Listed $1,325,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Year Built | 1897 |
| Electric | Circuit Breakers |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories | 3 |
| Township | Lake View |
| Property SubType | Apts/Stores |
| Tax Year | 2022 |
| Gross Income | 103200 |
| County | Cook |
| Operating Expense | 6000 |
| Insurance Expense | 5500 |
| Property Type | Commercial Sale |
| Energy Efficient | Photovoltaic/Solar System |
| Status | Active |
| Directions | Northwest of the intersection at Diversey and Racine |
| City | Chicago |
| Total Units | 3 |
| MLS Area | CHI - Lake View |
| Lot Size Square Feet | 2400 |
| Street Name | Lincoln |
| Tax Annual Amount | 17627 |
| Additional Parcels Y/N | No |
| Days on Market | 60 |
| Standard Status | Active |
| Property Type | Mixed Use |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Lot Dimensions | 25X105X27X96 |
| 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 60657
Price
Taxes
Visits
Year Built
