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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$1,049,000 For Sale

4111 N Lincoln Avenue
Chicago, IL 60618

2 units |

Commercial: Mixed Use - MLS# 12163513
Property Photo

Description

Commercial building in North Center, Chicago offers a prime location for businesses looking to establish a presence in a vibrant and one of Chicago's most sought out neighborhoods. This multi unit building currently houses a successful restaurant in the lower unit with basement storage area and 1 bedroom unit on the top floor. Building was fully renovated in 2007 and featured a modern designed with ample space for offices, retail shops, or restaurant. With its proximity to public transportation and major thoroughfares, this property is easily accessible for employees and customers alike. Don't miss out on this opportunity to purchase commercial space in one of Chicago's most sought-after neighborhoods, Contact us today to schedule a showing.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60618
  • Year Built: 1904
  • Stories: 2
  • Units: 2 units
  • Zoning: COMMR
  • # Of Apts: 2
  • # Of Offices: 1
  • # Of Ranges: 1
  • # Of Refrigs: 1
  • # Of Stores: 2
  • # Of Window/Ac: 1
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: Lincoln Ave., North of Irving Park, south of Berteau Ave.
  • Electric: Circuit Breakers, Separate Meters, Power - 120V, 220 Volts
  • Fire Protection: Fire Extinguisher/s
  • Flooring: Tile, Wood
  • Geographic Locale: Chicago North
  • Gross Income: 88150
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: 88150
  • Heat/Ventilation: Forced Air
  • Information: List Broker Must Accompany
  • Insurance Expense: 4500
  • Insurance Expense Source: Broker Projection
  • Location: High Traffic Area
  • Lot Size Square Feet: 3125
  • Main Type: Commercial Sale
  • Other Expense Source: Owner Projection
  • Ownership Type: Individual
  • Tax Annual Amount: 12672
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, All Utilities
  • Total Monthly Income: 7345
  • Trash Expense: 100
  • Trash Expense Source: Owner Projection
  • Washer/Dryer Lsd (Y/N): Yes
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: 2500
Courtesy of American International Realty
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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