Active
5441 N Lincoln Avenue
Chicago IL, 60625
$1,599,000
Active
Other
Built in 1929
Courtesy of Coldwell Banker Realty
Lincoln Square Exceptional 7 Unit building walking distance to Brown Line and Metra featuring Four 5 room, 2-bedroom units with 1 bathroom each, and Three office/commercial units with 1 bathroom each. Each of the 4 apartments are large, approximately 1,300 Sq. Ft each. There are 4 garage parking spaces in rear and incredible rooftop deck possibilities to entertain with 360 views of the city. All units feature separate GFA heat, central air, separate gas and electric. Low-cost building to operate. Apartments feature 10-foot ceilings, inviting warm wood trim, hardwood floors, modern appliances, and more. Basement features owners professional office plus an additional recreation room. Additional Passive Income from Advertising Billboard on north side of building facing Lincoln Avenue possible. When you consider inflated material costs and expenses to build a new building like this, you will understand this is a far greater value considering it is Turnkey. Perfect 1031 Exchange Candidate! 2024 CAPITAL IMPROVEMENTS 2024 New Roof & Gutters for Building & Garage 2024 Remodeled Garage with New Roof/Doors/Gutters. New Electric Wiring, Breakers, and Plumbing Pipes 2011.
12198538
MLSⓇ ID
October 28, 2024
Listed
December 9, 2024
Updated
Map
5441 N Lincoln Avenue
Chicago IL, 60625
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Other Property Details
Area Name
CHI - Lincoln Square
Taxes
$12,827
Tax Frequency
Annually
Days on Market
43
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Courtesy of Coldwell Banker Realty, Demetrios Chronis,
Listing Contact: 312-981-5500
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Based on information submitted to the MLS GRID for MRED 12/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 5:12 PM UTC, 12/9/2024
