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About the Listing 85989 - 163408
Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with new 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
Listing Highlights for 3740 N Lincoln Ave
Status
Active
Days on Site
14
Property Type
Commercial Sale
MLS ®
12460432
Year Built
2006
Total Square Footage
3,100
Lot/Acreage
3112
County
Cook
Area
CHI - North Center
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Central Individual
- Heating: Forced Air,Gas
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 3112
- Zoning: COMMR
- Roof: Rubber
- Others:
- Sewer:
- Parking Features: Assigned Spaces
Financial Details
- Tax Amount: $1
- Taxes w/Assessments: N/A
- Tax/Property ID: 14192190210000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
3740 N Lincoln Ave Chicago, IL 60613
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