4001 N Lincoln Avenue Chicago, IL $ 3,300,000
4001 N Lincoln Avenue
$ 3,300,000

4001 N Lincoln Avenue Chicago, IL, 60618

$ 3,300,000
Bedrooms Baths0.0 Sq 9,800

Monthly Estimate*

$ 12,795

How much can I afford?
4001 N Lincoln Avenue, Chicago, IL 60618 - Image 1
4001 N Lincoln Avenue, Chicago, IL 60618 - Image 2
4001 N Lincoln Avenue, Chicago, IL 60618 - Image 3
4001 N Lincoln Avenue, Chicago, IL 60618 - Image 4

Commercial Property for sale in Chicago, IL

for $3,300,000. This 9,800 square foot building was built on a lot size of 250' X 275' X 130'.

7 fully-leased retail storefronts (3 commercial condos, 9800 SF total) + 13-car commercial garage on ground floor of newer 5-story 39-unit mixed-use bldg at main intersection of Lincoln, Damen & Irving Park Rd in North Center. This is the most visible, highest quality construction, best positioned commercial space in this market with a strong mix of mostly long-term national and strong local tenants including Starbucks, Subway, Hair Cuttery, Club Pilates, Ruby Nails, Vertigo Holdings and a pending replacement for the US Bank space. There is a CMBS loan with an outstanding balance of ~$2.53 Million at 4.77% with 7+ years remaining on the term that must be assumed, so this could be purchased for less than $800, 000 in cash ( 25%). Nearby businesses include CVS, Wintrust Bank, MB Financial Bank, AT&T, T-mobile, Swedish Covenant Immediate Care, Chicago Title, and numerous neighborhood businesses.

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Commercial Active

Price

$ 3,300,000

Property Type

Commercial

Taxes

$ 85,744

Style

Retail

Lot Size

250' X 275' X 130'

Town/City

Chicago

County/Region

Cook

MLS | Web ID

10011600

Features
Interior
Cooling System Central Air
Heating System Forced Air Gas
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Exterior
Building Type Multi-Family
Construction Brick
Parking 1-20 Parking Spaces Attached Parking Heated Indoor Parking
Road Frontage City Street Signal Intersection
Siding Brick
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Miscellaneous
Commercial Overhead Door(s)
Documents Aerial Photo Backup Package Bylaws Demograph Floor Plan Lease Agreement Rent Roll Restrictive Covenants Tax Return Traffic Study
Location Corner Lot Near Public Transportation
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Rental
Tenant Pays Air Conditioning Common Area Maintenance Electric Heating Insurance Janitorial Real Property Taxes
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* Excluded Features
List By

Listing Agent

The Lord Companies L.L.C.

Broker


Affordability

$ 19,940 per month
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Monthly Principal & Interest
$12,795
Monthly Property Taxes
$7,145
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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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4001 N Lincoln Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $3,300,000 with 9,800 sqft and a lot size of 250' X 275' X 130'. 4001 N Lincoln Avenue has 0.0 baths. The property's zip code is 60618 which is in Chicago, IL