$979,000
4
beds
N/A
baths

5439 N Lincoln Avenue

Chicago, Illinois 60625
New / MLS #11277172 / Multiple Unit (2-4) / Lincoln Square
Lincoln Square Exceptional Jumbo Luxury 3 Unit Condo Quality Building walking distance to Brown Line, Metra, and new proposed Lincoln Square shopping development on Western Ave and Lincoln Ave. Three new condo developments coming soon on LincolnAve; one 50 feet north of 5439 and the others two blocks south on Lincoln, TIF Area, Hot Location.Building features two 2 bedroom units with 2.5 bathrooms each, and one office/commercial unit with 1 bathroom. Each of the 3 Units are large 1,650 Sq Ft units. 3 Parking spaces in rear. Additional features include walkup from front entrance stairway straight up to roof, perfect candidate to add Rooftop Deck for entertaining, 360 degree views of City. Low cost building to operate, each unit has separate GFA heat, Central Air, separate gas and electric. Great scheduled income with low cost building to operate. Better layout and finishes than most existing condos on the market. Absolutely looks like it was was completed yesterday, excellent condition. Apartments feature open floor plan, 10 foot ceilings, inviting warm wood trim, architectural windows and doors, decorative hardwood floors, inspiring curved ceilings, fireplace, modern appliances, side-by-side washer/dryer, decks and private balcony, and more. Chef's Kitchen features SS appliances, high-end kitchen cabinets, long breakfast bar counter for entertaining and eating, & much more. Bathrooms feature exceptional vanity cabinets and fixtures, decorative marble. When you consider the inflated material costs and expenses now to build a new building similar to this, you will understand this is a far greater value considering it is Turnkey. **PRICED BELOW COST TO BUILD SAME BUILDING NEW TODAY IN THIS HOT AREA ** EXCEPTIONAL VALUE......PERFECT 1031 EXCHANGE candidate. Gross Scheduled Income $94,800, separate utilities except water, Net Scheduled Income $81,408.

Full Features
Architecture Style: Greystone
Exterior Type: Brick,Stone,Limestone
Basement: None
Beds Above Grade: 4
Heating System: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Control
Pool: No
Age: 11-15 Years
Parking Type: Space/s - Assigned,Unassigned,Off Alley,Alley Access,Direct Access
Parking Spaces: 3
Roof Type: Flat
Room Count: 11
Water Front: No
Square Feet: N/A
Lot Size: Less Than .25 Acre
Acreage: 0.05
Taxes & Assessments
Tax Amount: $6,516
Tax Year: 2019
Location
Zip Code: 60625
City: Chicago
County: Cook
Schools
School District(s): 299
Elementary School: N/A
Middle School: N/A
High School: N/A

Listing Office:

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