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2825 N Lincoln Avenue

Chicago, Illinois 60657


Dylan Carrigan
847.507.7353

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$1,050,000



Property Type
Commercial / Mixed Use
Community Area
Lakeview


Three Story, Mixed Use Building in Lakeview on Lincoln Ave, North of Diversey. Perfect Owner/User Property or Investment property with the residential units providing most of the income. First level features front patio with windows that open, dining area, full bar w/ 6 draft lines, existing kitchen (9ft hood and walk in fridge) and two bathrooms (one ADA). Previous bar licenses can also be purchased from previous tenant to expedite the city licensing process. Second and third floor features two residential, duplex up apartments, both are 2BD/2BA. Both apartments offer unique living in a desirable location with in unit laundry and decks off the back. Utilities are separately metered, renters pay for gas and electric. Apartments are being rented below market and both offer value add potential to increase income. Fantastic high traffic neighborhood. 0.3 Miles to the Diversey Brown/Purple Line stop, multiple bus stops and Divvy stations plus close access to the Expressway or Lake Shore Drive. Area tenants include: Beermiscuous, Herb & Alchemy, Always There Dental Care, Left Coast, Elbo Room, Rotofugi Toy Store, Gino's East and much more!



Full Features
Built: 1912
Parking Spaces: 4
Cooling System: Central Air
Stories: 3
# of Offices: 1
Current Net Income: $70,273
School District(s): City Of Chicago SD 299


Taxes & Assessments
Taxes: $18,926

Listing information updated today (9/25/2020)


Lakeview photo


Lakeview

Neighborhoods: Wrigleyville, Lakeview East, Graceland West

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…

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Nearby Public Transportation

CTA Rail

at Diversey (0.32 miles away), Belmont

Metra
Union Pacific North, Union Pacific Northwest

at Clybourn Metra (1.22 miles away), Clybourn







2825 N Lincoln Avenue Chicago, Illinois 60657 is a commercial / mixed use currently listed at $1,050,000. This commercial / mixed use has been listed on @properties since September 9th, 2020 and was built in 1912. Nearby schools include Agassiz Elementary School, Lincoln Park High School. The nearest transit stops include Diversey CTA Brown line, Union Pacific North Clybourn Metra. Want to learn more about 2825 N Lincoln Avenue Chicago, Illinois 60657? Contact an @properties agent to request more info.