5029 - 5031 N Lincoln - Commercial LAND FOR SALE


Chicago, IL 60625- Lincoln Square14,793 SF
$2,750,000 USD
773-293-5046
5029 - 5031 N Lincoln, Chicago, IL for Sale
$2,750,000 USD
Commercial LAND - FOR SALE
1/30
14,793 SF

5029 - 5031 N Lincoln
Chicago, IL 60625
Lincoln Square


OVERVIEW

Kiser Group has been exclusively engaged to market for sale 5029-31 N. Lincoln Avenue, a development site in the Lincoln Square neighborhood of Chicago. This 14,794 square foot lot has been re-zoned to B2-3 TOD and approved for a 47-unit 5 story mixed-use building with ground floor retail. The apartment unit mix is favorable with thirty one (31) 2 bedroom / 2 bathroom apartments and sixteen (16) 1 bedroom units. The ground floor retail space is ~1,250 square feet with frontage along Lincoln Avenue. The plans also account for modern amenities to draw tenants including an elevator, 16 parking spots, a bike room, and rooftop deck. The property is located in the Lincoln Square neighborhood, known to draw families, community with a vibrant corridor along Lincoln Avenue filled with both national and boutique retailers, trendy restaurants, and high-demand residential. Located only 0.4 miles distance to the Western Brown Line CTA station, the land was approved for TOD zoning. 5029-31 N. Lincoln offers the opportunity for a developer to build a substantial mid-rise mixed-use building in a core Chicago neighborhood.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/ACRE

$8,097,202/AC

PRICE/SF

$186 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Neighborhood Center, Planned Unit Development

LAND ACRES

0.34 AC

LAND SF

14,794 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B2-3

APN/PARCEL ID

13-12-411-131-0000,13-12-411-132-0000,13-12-411-133-0000,13-12-411-134-0000

ASK ABOUT THIS PROPERTY

Katie LeGrandKiser GroupMore Info
773-293-5046

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Katie LeGrandKiser GroupMore Info
773-293-5046

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