Closed

$690,000

Favorite

5,700

square ft

5077 N Lincoln Avenue

Chicago, Illinois 60625

Closed / MLS #11734958 / Commercial / Mixed Use / Lincoln Square

Listing information updated 4/23/2023 at 6:23pm

Wow amazing deal!!!! Amazing corner location Four mixed unit building located just north of Lincoln Square plaza on Lincoln Avenue. Two commercial spaces (016 Restaurant is a Serbian-American Restaurant & Sandwich Shop ) on 1st floor and 2 apartments 2bed/1-1.5baths on 2nd floor. Outstanding American/European restaurant has aprx 1700 sq.ft with 62 seats occupancy permit. Don't miss this amazing opportunity to live in the building and run your own business in near future or just collect the rent!!! 016 Restaurant stands out from the community of Eastern European restaurants because it offers an all inclusive experience that anyone can understand and enjoy and they have a long term lease and run very successful business!

Full Features

Built:

1945

Parking Spaces:

Cooling System:

Central Air,Zoned

Stories:

Current Use:

Commercial, Other

Potential Use:

Commercial, Condominium, Office and Research, Multi-Family, Single Family, Retail

Zoning:

COMMR

Building Square Feet:

5,700

Current Net Income:

$58,599

Taxes & Assessments

Tax Amount:

$12,593

Tax Year:

2021

Location

Zip Code:

60625

City:

Chicago

County:

Cook

Listing Office: Chicago Hillcrest Realty Inc

Listing Office Phone: 773.416.5920

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 4/23/2023 at 6:23pm. 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 Rockwell

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.

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5077 N Lincoln Avenue is a commercial / mixed use which sold for $690,000. This commercial / mixed use has been listed on @properties since March 9th, 2023 and was built in 1945. The nearest transit stops include Rockwell CTA Brown line and Ravenswood Metra Metra Union Pacific North line.