2636 N Lincoln Ave - Apartments FOR SALE


Chicago, IL 60614- DePaul
$2,275,000 USD
847-714-2913
2636 N Lincoln Ave, Chicago, IL for Sale
$2,275,000 USD
Apartments - FOR SALE
1/28
null | 6.43% Cap Rate

2636 N Lincoln Ave
Chicago, IL 60614
DePaul


HIGHLIGHTS

  • Completely Renovated in 2016
  • New Windows / Porches / New Roof Layer
  • New Kitchen / Bathroom / Mechanicals & Appliances.
  • Hardwood floor
  • Unit Mix: 3 - 3 bed/2 bath luxury condo quality

OVERVIEW

Discover an exceptional investment opportunity at 2636 N Lincoln Ave—a premium mixed-use property in the heart of Lincoln Park, one of Chicago's most vibrant and sought-after neighborhoods. This 9,910-square-foot property combines stable income, value-add potential, and a prime location, making it a standout asset for investors seeking strong returns in a proven market. Built-in 2000 with modern construction and comprehensively updated in 2016, this property represents the best of both worlds—established quality with modern amenities. The 2016 renovation included new mechanicals, appliances, windows, steel porches, and roofing, ensuring minimal near-term capital expenditures. Why Invest Here? Lincoln Park boasts a robust rental market, affluent demographics, and high foot traffic, creating the ideal conditions for consistent returns and significant appreciation. This turnkey property’s excellent condition and a clear path to value growth make it a unique opportunity to secure a premium asset in a thriving urban market. Seize the chance to elevate your portfolio with this rare offering. Properties like 2636 N Lincoln Ave are seldom available in such a coveted location.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$230 USD /SF

# OF UNITS

3

PRICE/UNIT

$758,333

CAP RATE

6.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2000

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,151 SF

ZONING

B3-2

APN/PARCEL ID

14-29-410-047-0000

ASK ABOUT THIS PROPERTY

Matthew NeistatJameson Commercial Real EstateMore Info
847-714-2913

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Matthew NeistatJameson Commercial Real EstateMore Info
847-714-2913

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