3722 N Lincoln Ave - Retail FOR SALE


Chicago, IL 60613- North Center
$275,000 USD
312-361-1645
3722 N Lincoln Ave, Chicago, IL for Sale
$275,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

3722 N Lincoln Ave
Chicago, IL 60613
North Center


HIGHLIGHTS

  • Repositioning & Value Add Potential
  • Transit Oriented Location
  • High-Demand Urban Location
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the condominium interest in the first floor of 3722 North Lincoln Avenue on the border of the North Center and Lakeview neighborhoods of Chicago, Illinois (the “Property”). The Property contains a 1,265 square foot commercial condominium unit on the first floor of a four-story mixed-use building with residential condominiums. The Property includes one (1) deeded parking space at the rear of the building. The attractive and well-maintained building is positioned on a 0.08- acre parcel and is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. 3722 N Lincoln Avenue offers the opportunity for an owner-user to occupy the Property or to lease the Property as an investment opportunity. The Property is well-located along North Lincoln Avenue on the border of the North Center and Lakeview neighborhoods of Chicago, in a high-density, inner-urban core neighborhood on the north side of Chicago, directly south of Ravenswood, east of ST. Ben’s and north of Roscoe Village. The transit-oriented site is conveniently located seconds from the Addison “L” station on the CTA Brown Line (approximately 500 feet away). The high-demand for real estate in North Central and Lakeview make this a great opportunity for an investor seeking a stable investment Property with upside through the occupancy or lease-up of the vacant commercial unit.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3722 N Lincoln Ave

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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Dan TilsnerHorvath & TremblayMore Info
312-361-1645

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.