fill
fill
fill
Mike Muisenga
(630) 279-9500
Mobile Phone:
(630) 815-5043
mmuisenga@gmail.com

IL Lic # 475141260
fill
fill
fill
fill
Mike Muisenga
fill
(630) 279-9500
Mobile Phone:
(630) 815-5043
mmuisenga@gmail.com

IL Lic # 475141260
fill
fill
(630) 279-9500
fill
fill
fill
fill
fill
fill
fill
FOR SALE
$750,000

3740 N Lincoln Avenue
Chicago, IL 60613

Retail, Business Opportunities
Residence
3,100
Sqft
Courtesy: Fahy Real Estate Inc
*Owner financing available @ 4.5% fixed for 5 years* Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Established tenants already in place with options to renew in 2025. Gross rental income of $6,200/ month with both spaces built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces that can be purchased with the space for an additional $25,000 each. Offered with a current CAP rate of 6.46%. Leases also have 3% rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
11953885
Retail, Business Opportunities, 3+ Story
Cook
2006
Public
4
Brick
Loading...
Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Fahy Real Estate Inc
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/17/2024. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

This content last refreshed on 5/17/2024 10:38 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.