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$4,850,000

2942 N Lincoln Avenue
Chicago, Illinois 60657

Closed / MLS #11799705 / Commercial / Mixed Use / Lakeview
Listing information updated 11/10/2023 at 3:03pm
Rarely available 7-unit elevator condo quality building in the heart of Lakeview. This well-maintained building is ready for the next investor to sit back and collect rent. Monthly gross income of $33,775. 100% occupied with leases in place. Commerical space features well known restaurant which just renewed for a 5-year term starting July 1. All residential units are 3 bedrooms, 2 bath condo quality units featuring large custom kitchen with granite countertops, stainless appliances, custom cabinets opening to living room and dining room which leads to one of two outdoor balconies. Three true bedrooms features primary bedroom with ensuite bathroom with double bowl stone countertops, soaking tub and separate shower. Large second and third bedrooms along with updated second bath. Hardwood floors throughout. Rear balcony. All residential finishes similar in all units. Photos are from unit 4N along with floorplan, 3N and 2N are identical to 4N. 2S, 3S, 4S units are the same layout just flipped. Parking spaces for each unit in rear of the building.
Built:
2006
Parking Spaces:
6
Cooling System:
Central Air
Stories:
4
Current Use:
Commercial
Zoning:
MULTI
Current Net Income:
$356,718
Tax Amount:
$39,691
Tax Year:
2021
Zip Code:
60657
City:
Chicago
County:
Cook

Listing Office: @PROPERTIES

Listing Office Phone: 773.432.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/10/2023 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lakeview

Lakeview, IL

Chicagoans will find more than a few of their favorite things in Lakeview, one of the largest neighborhoods on the city’s North Side. For starters, there’s Lakeview’s proximity to the beach and public transit, quiet residential streets, thriving restaurant and bar scene, and Wrigley Field. The...

CTA

CTA
Brown line at Wellington
CTA
Purple line at Wellington
CTA
Red line at Belmont
$686,208
Average Sale Price
36
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2942 N Lincoln Avenue, Chicago, IL 60657
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2942 N Lincoln Avenue, Chicago, IL 60657 is a commercial / mixed use which sold for $4,850,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since June 5th, 2023 and was built in 2006. The nearest transit stops include Wellington CTA Brown line.

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