6
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$775,000
$800,000 3.1%
Est. payment /mo
5,600 SqFt
Sold on 01/07/2025
5820 N Lincoln AVE Chicago, IL 60659
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Key Details
Sold Price $775,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $138
MLS Listing ID 12138770
Sold Date 01/07/25
Year Built 1968
Annual Tax Amount $12,958
Tax Year 2022
Lot Dimensions 25 BY 125
Property Description
This excellent investment opportunity features a mixed-use brick building with four residential units and one commercial store, ideally located across from Mather High School and within walking distance to Jamieson Elementary School. The ground floor retail space spans approximately 3,500 square feet, complete with 1.1 bathrooms, separate central HVAC, and a prominent storefront. The four residential apartments each offer around 650 square feet of living space, featuring 2 bedrooms and 1 bathroom with identical layouts. Additionally, the property includes two outdoor parking spaces. This building is easy to manage, making it ideal for new investors looking to enjoy a steady rental income. Convenient and free parking is available on Lincoln Avenue and surrounding side streets. Don't miss this fantastic opportunity to invest in a well-located, income-producing property!
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Fireplace N
Exterior
Roof Type Membrane
Building
Level or Stories 3
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Trung Duong • Compass
Bought with Mohammed Chowdhury • Equity Market Realty Inc.
Bought with Mohammed Chowdhury • Equity Market Realty Inc.