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$1,465,000

1942 N Lincoln Avenue
Chicago, Illinois 60614

Closed / MLS #12113236 / Multiple Family / Lincoln Park
Listing information updated 10/10/2024 at 3:03pm
Trophy property with seven units in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one large garden level studio. Recent improvements in five of the seven apartments include addition central heat/air, as well as kitchen and bath renovations. Common areas just redone with fresh paint and new carpet runners. Sewer line recently replaced from the building to the street. Three parking spaces in the rear for additional revenue as well as coin laundry in the basement. Existing professional management in place that can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $12,250 with an easy pro forma of $13,500 to reach after the fall turnovers in 2024. Contact the listing agent for detailed rent roll and expenses. A beautiful classic Lincoln Park property to begin or add to your portfolio!
Water Front:
No
Square Feet:
N/A
Built:
1880
Cooling System:
Central Air,Window Unit(s)
Stories:
3
Additional Information:
alanc@westward360.com
Current Net Income:
$87,900
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
3 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
$22,757
Tax Year:
2023
Zip Code:
60614
City:
Chicago
County:
Cook

Listing Office: Westward 360

Agent Contact Information: alanc@westward360.com

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 10/10/2024 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.

Lincoln Park

Lincoln Park, IL

Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...

CTA

CTA
Brown line at Sedgwick
CTA
Purple line at Sedgwick
CTA
Red line at North/Clybourn
$1,032,585
Average Sale Price
41
Average Days On The Market
101%
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 1942 N Lincoln Avenue, Chicago, IL 60614
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1942 N Lincoln Avenue, Chicago, IL 60614 is a multiple family which sold for $1,465,000. This multiple family has been listed on @properties Christie's International Real Estate since July 16th, 2024 and was built in 1880. The nearest transit stops include Sedgwick CTA Brown line.

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