2827 N Lincoln Avenue Chicago, IL $ 1,325,000
2827 N Lincoln Avenue
$ 1,325,000
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2827 N Lincoln Avenue

Chicago, IL, 60657
$ 1,325,000
Baths0.0

Monthly Estimate*

$ 9,256

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Studio

Commercial Property for sale in Chicago, IL

for $1,325,000. This building was built in 1897 on a lot size of 0.055096.

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!

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Commercial Active

Price

$ 1,325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,627

Style

Lot Size

0.055096

Year Built

1897

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11993714

Features
General
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 Mixed Use
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
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 7
Standard Status Active
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Interior
Total Fireplaces 0
Street Suffix Avenue
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 25X105X27X96
Frontage Type City Street
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* Excluded Features
List By
Slack Realty Group

Broker

chackett15@gmail.com

Email

Affordability Calculator

$10,724
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,256
Monthly Property Taxes
$1,469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$1,325,000 Listed Price

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2827 N Lincoln Avenue, Chicago, IL, 60657 is a Commercial Property for sale at $1,325,000 with a lot size of 0.055096. 2827 N Lincoln Avenue is a studio with 0.0 baths and was built in 1897. The property's zip code is 60657 which is in Chicago, IL