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$625,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 3,100 Sq. Ft.
  • Updated 3 days ago
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Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were 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 included in the price . Offered with a very attractive CAP rate and annual 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

Full Property Details for 3740 N Lincoln Ave

General

  • Sold For: $625,000
  • Taxes: $23,090 (2024)
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: MRED
  • MLS ID: 12564187
  • Added to Site: 137 day(s) ago

Interior

  • Interior Features: Accessible Entrance, Private Restroom(s)
  • Flooring: Concrete, Other

Additional Information

  • Security/Safety: Alarm on Site

Location

  • Area: CHI - North Center
  • County: Cook
  • Driving Directions: Addison (3600N) to Lincoln (1800W) north to property.
  • Location Details: Mixed-Use Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual
  • Heating Type: Forced Air, Gas

Utilities

  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Sub-Flooring: Concrete, Other
  • Stories/Levels: 4
  • Square Feet: 3,100
  • Current Bldg. Use: Commercial
  • Year Built: 2006

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Dimensions: 3112
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assoc Fee Freq.: Monthly
  • Operating Expenses: $31,409
  • Security Deposit: Alarm On Site
  • Assessment Year: 2006
  • Tax Amount: $23,090.65
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 14192190210000

Listed by Fahy Real Estate Inc
Sold by Non Member

Listing agent

— 3740 N Lincoln Ave —

  • Fahy Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3740 N Lincoln Ave

School District:Chicago Public School District 299
NameGradesDistance
Bell Elementary School
3730 North Oakley Avenue, Chicago, IL 60618
K-80.6 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3740 N Lincoln Ave

Date
Details
Price
Change
Source
6/24/2026
Sold
$625,000
-6.72%
MLS
2/10/2026
Listed
$670,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Fahy Real Estate Inc
Sold by Non Member

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3740 N Lincoln Avenue, Chicago, IL 60613 (MLS# 12564187) is a Commercial Residential Facility property that was sold at $625,000 on June 24, 2026. Want to learn more about 3740 N Lincoln Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.