4357 N Lincoln Avenue #C
Chicago, IL 60618

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Description

Perfect commercial condo opportunity for an investor or owner/occupier. The unit is already nicely built out and currently tenanted with an arts and crafts business. B1-2 zoning which permits a variety of retail uses. Tenant pays $3,150 / month until 10/31/26 and $3,200 / month between 11/01/26 - 10/31/27. There is an option to renew for an additional 3 years at 5 per cent more than the prior year. Tenant pays for all expenses other than Mortgage, Property Tax and HOA. Low HOA fees currently $85.90 per month.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60618
• Year Built: 2014
• Sq.Ft.: 5,750 sq ft
• Stories: 4
• # Of Tenants: 1
• Building Area Total: 5750
• Cooling: Central Air
• Directions: North on Lincoln Ave. Property located just south of Montrose on East side of Lincoln Ave.
• Electric: Circuit Breakers, Separate Meters
• Fire Protection: Fire Extinguisher/s
• Gross Scheduled Income: 37800
• Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Gas
• Information: 24-Hr Notice Required
• Leasable Area: 1230
• Leasable Area Units: Square Feet
• Lot Size Square Feet: 3169
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1230
• Property Offered: For Sale Only
• Property Sub Type: Condominium
• Tax Annual Amount: 11476.8
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Electricity, Heat
• Virtual Tour Date: 2025-10-30T19:55:53