5077 N Lincoln Avenue Chicago, IL 60625

$800,000
5077 N Lincoln Avenue, Chicago, IL 60625
10100029

Commercial Property for sale in Chicago, IL

for $800,000. This 5,700 square foot building was built on a lot size of 25X125.

Property Information

  • $800,000
  • Commercial
  • 5,700 Square Feet
  • Taxes are $12,056
  • Mixed Use
  • Active
  • 2 Floors
  • Lot size of 25X125
  • Chicago, IL
  • Lincoln Square Neighborhood
  • Cook County
  • MLS/Web ID is 10100029

Description

Real Estate available for sale! Four unit building. Two commercial spaces (restaurant & grocery store) on 1st floor and 2 apartments 2bed/2baths on 2nd floor all real estate for sale for additional 750K. Apartments are occupied by owner/seller with no leases with rental value around $1600/month per unit-with min updates you could increase the rent value. Successful American/European restaurant with all business equipment and licenses included in the price. Restaurant has aprx 1700 sq.ft with 62 seats occupancy permit. "Kiko's Market and Restaurant" is a family owned business. Don't miss this amazing opportunity to live in the building and run your own business! please note business is included with real estate

Interior 4

Cooling System

  • Central Air
  • Zoned

Heating System

  • Forced Air

Interior

  • Storage

Water Source

  • Municipal

Exterior 3

Construction

  • Brick
  • Stone

Exterior

  • Patio
  • Security Gate
  • Security Lighting

Road Frontage

  • City Street

Miscellaneous 3

Commercial

  • Private Restroom

Location

  • Corner Lot
  • Near Public Transportation

Utilities

  • Electric

Rental 1

Tenant Pays

  • Electric
  • Heating
  • Insurance
  • Other Expenses
  • Real Property Taxes
  • Water/Sewer

† Excluded Feature

Listed By

Broker: INVESTORS MELDINA REALTY GROUP

5077 N Lincoln Avenue, Chicago, IL, 60625 is a Commercial Property for sale at $800,000 with 5,700 sqft and a lot size of 25X125. 5077 N Lincoln Avenue has 0.0 baths. The property's zip code is 60625 which is in Chicago, IL

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Pricing History

Date Price Price Change Description
10/13/2018 $750,000 -6.25 % Price Change
10/13/2018 $800,000 6.67 % Price Change
10/2/2018 $750,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $549,927 31 % below $339,250 58 % below
Commerical listings in Chicago $722,366 10 % below $400,000 50 % below

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363