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$1,500,000

5441 N Lincoln Avenue
Chicago, Illinois 60625

Closed / MLS #12198538 / Commercial / Mixed Use / Lincoln Square
Listing information updated 5/13/2025 at 11:03pm
Lincoln Square Exceptional 7 Unit building walking distance to Brown Line and Metra featuring Four 5 room, 2-bedroom units with 1 bathroom each, and Three office/commercial units with 1 bathroom each. Each of the 4 apartments are large, approximately 1,300 Sq. Ft each. There are 4 garage parking spaces in rear and incredible rooftop deck possibilities to entertain with 360 views of the city. All units feature separate GFA heat, central air, separate gas and electric. Low-cost building to operate. Apartments feature 10-foot ceilings, inviting warm wood trim, hardwood floors, modern appliances, and more. Basement features owners professional office plus an additional recreation room. Additional Passive Income from Advertising Billboard on north side of building facing Lincoln Avenue may be possible if variance approved. When you consider inflated material costs and expenses to build a new building like this, you will understand this is a far greater value considering it is Turnkey. Perfect 1031 Exchange Candidate! 2024 CAPITAL IMPROVEMENTS 2024 New Roof & Gutters for Building & Garage 2024 Remodeled Garage with New Roof/Doors/Gutters. New Electric Wiring, Breakers, and Plumbing Pipes 2011.
Built:
1929
Cooling System:
Central Air
Stories:
3
Zoning:
MULTI
# of Offices:
3
Current Net Income:
$141,549
Tax Amount:
$12,827
Tax Year:
2023
Zip Code:
60625
City:
Chicago
County:
Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 312.981.5500

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 5/13/2025 at 11:03pm. 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 Square

Lincoln Square, IL

Lincoln Square exudes both trendiness and old-world charm. The community has a number of popular restaurants and bars, while Lincoln Avenue offers an eclectic mix of sophisticated eateries, corner cafes, and favorite neighborhood hangouts. Centered around a bustling shopping and dining district on C...
$638,406
Average Sale Price
38
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 5441 N Lincoln Avenue, Chicago, IL 60625
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5441 N Lincoln Avenue, Chicago, IL 60625 is a commercial / mixed use which sold for $1,500,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since October 28th, 2024 and was built in 1929.

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