Address
2965 N Lincoln Avenue Chicago, IL
Price
$ 850,000
Property Attributes
  • MLS#10927197
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lake View
  • NeighborhoodLake View
  • Zip60657
  • Style
  • Year Built1888
  • Taxes$ 14569
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
@properties Commercial
Data Source:
Midwest Real Estate Data LLC
Property Description

Three Story, Mixed Use Building in Lakeview on Lincoln Ave, South of Wellington. Perfect Investment property with a recently signed five year commercial lease on the first level (1500sf). First level features dining area, full kitchen (10ft hood) and ADA bathrooms. New tenant is currently rehabbing the space and current ownership has pulled up/replaced the entire flooring in the kitchen. Full basement with ample space for storage and a staircase inside the retail space. Second and third floor features two residential apartments, 3BD/1BA and 2BD/1BA, respectively. Both apartments offer ample living space, updated wood cabinetry, stainless steel appliances, separate living/dining rooms, lots of windows, hardwood flooring, recently updated bathrooms, gas forced heat, and central a/c. Utilities are separately metered, renters pay for gas and electric while commercial tenant covers 90% of water. Property is located on both Wellington and Lincoln Ave with parking (2 Outdoor Spaces) off Wellington. 0.6 Miles to the Wellington Brown/Purple line train station, multiple bus stops and Divvy stations plus close access to the Expressway and Lakeshore Drive. Area tenants include: Heritage Bicycles, Las Tablas, Chase Bank, Golden Apple Grill & Breakfast House, The Brown Elephant, Rica Arepa, Bottle and Bottega Chicago, Left Coast, and much more! Virtual tour available.

Price History
11/6/2020 Listed $850,000

General Features

Contingency Attorney/Inspection
Cooling Central Air
Electric Separate Meters
Property SubType Apts/Stores
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active Under Contract
Stories 3
Tax Annual Amount 14569
Total Units 3
Water Sewer Expense 2165

Exterior Features

Lot Dimensions 25X125
Lot Size Square Feet 2625
Total Parking 2

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60657

Price
AVG $550K
$850K
Taxes
AVG $9,284
$14,569
Visits
AVG 36
102
Year Built
AVG 1967
1888
Walkscore
AVG 91
92
Data Provided by Walkscore ® not using MLS data