2800 N Lincoln Ave - Storefront Retail/Residential CONDO FOR SALE


Chicago, IL 60657
$525,000 USD
847-507-7353
2800 N Lincoln Ave, Chicago, IL for Sale
$525,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/7
null | 8% Cap Rate

2800 N Lincoln Ave
Chicago, IL 60657


HIGHLIGHTS

  • 1500 SF, fully leased commercial condo with 6+ years remaining on the lease, located at the base of a four story, luxury condo building
  • Located on a high traffic, high visibility, six corner intersection of Lincoln, Racine and Diversey
  • Tenant is responsible for all taxes, cam and utilities; Current lease ends 01/31/2031; Lease includes 2.5% escalations per year.

OVERVIEW

Tenant is responsible for all taxes, cam and utilities. Current lease ends 01/31/2031. Lease includes 2.5% escalations per year.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased, Lakeview NNN Investment Condo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

16,000 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B3-3

APN/PARCEL ID

14-29-131-045-0000,14-29-131-046-0000

ASK ABOUT THIS PROPERTY

Dylan Carrigan@properties CommercialMore Info
847-507-7353

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Dylan Carrigan@properties CommercialMore Info
847-507-7353

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