Closed

$475,000

Favorite

1,884

square ft

5053 N Lincoln Avenue

Chicago, Illinois 60625

Closed / MLS #11808100 / Commercial / Mixed Use / Lincoln Square

Listing information updated 9/3/2023 at 6:03am

Dream location & great opportunity for Investors, Developers or Users to own this mixed-use investment property on one of the most sought-after blocks in Chicago! This Hot business/apt property is located in the heart of popular Lincoln Square and zoned for many types of businesses. Rarely available opportunity to operate your business in front which offers a 10' high ceiling and live in rear apt. There is a potential to expand the front commercial/retail space or build up the second level. Rear apt has 5 rooms, including 1 Bedroom, 1 beautifully remolded full Bathroom, living room, dining room, kitchen, eat in area and a nice sunroom. This property offers partial basement, good size fenced in backyard to enjoy and entertain plus the 2-car detached garage in the back. Terrific location walking distance to entertainment, restaurants, grocery, and near public transportation. Don't miss this amazing deal!!! Zoned B3-1. Could be awesome for Airbnb. Premier retail location in a popular new, currently ongoing developing area. Needs some TLC! Sold as-is.

Full Features

Built:

1938

Parking Spaces:

Cooling System:

Central Air,Partial

Stories:

Potential Use:

Commercial

Zoning:

OTHER

Building Square Feet:

1,884

Taxes & Assessments

Tax Amount:

$4,392

Tax Year:

2021

Location

Zip Code:

60625

City:

Chicago

County:

Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 847.724.5800

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 9/3/2023 at 6:03am. 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.

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...

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CTA

Brown line at Western

Metra

Union Pacific North line at Ravenswood Metra

$596,452

Average Sale Price

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.

New Listings in Lincoln Square, IL

Recently Sold Homes in Lincoln Square, IL

Popular Neighborhoods near Lincoln Square, IL

5053 N Lincoln Avenue is a commercial / mixed use which sold for $475,000. This commercial / mixed use has been listed on @properties since June 14th, 2023 and was built in 1938. The nearest transit stops include Western CTA Brown line and Ravenswood Metra Metra Union Pacific North line.