5875 N Lincoln Ave - Loft/Creative Space FOR SALE


Chicago, IL 60659
$3,127,000 USD
773-736-6593
5875 N Lincoln Ave, Chicago, IL for Sale
$3,127,000 USD
Loft/Creative Space - FOR SALE
1/11
null | Request Cap Rate

5875 N Lincoln Ave
Chicago, IL 60659


HIGHLIGHTS

  • 45 Private Parking Stalls
  • Apx. 245’ of frontage along Lincoln Ave and 126’ along Richmond St
  • Traffic counts at Lincoln Ave and Richmond St are 29,589 vehicles per day

OVERVIEW

• 35,282 square feet (including lower level) multi-tenant office building • 28,272 square feet of land • $85,002 property taxes (2023 payable) • Stable operating building with short term leases with high renewal rates • Public Transportation to the Front Door • Across from Mather High School • Just south of Peterson Avenue • Abundant Parking in rear • Property is across from Mather Park with 4 tennis courts, 5 baseball field, playground, 2 basketball courts and a soccer field. • Property is one block south of numerous restaurants along Peterson Ave including Walgreens, Chipotle and Potbelly • Security cameras in building

FOR SALE DETAILS

PRICE

$3,127,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lincoln Office Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

B3-2

APN/PARCEL ID

13-01-305-046-0000

ASK ABOUT THIS PROPERTY

Ryan SmithImperial Realty CompanyMore Info
773-736-6593

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Ryan SmithImperial Realty CompanyMore Info
773-736-6593

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