This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
5053 N Lincoln Avenue, Chicago, IL 60625
$475,000
5053 N Lincoln Avenue, Chicago, IL 60625View this property at 5053 N Lincoln Avenue, Chicago, IL 60625
5053 N Lincoln AvenueChicagoIL60625
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Dream location & great opportunity for Investors, Developers or Users to own this mixed-use investment property on one of the most sought-after blocks in Chicago! This Hot business/apt property is located in the heart of popular Lincoln Square and zoned for many types of businesses. Rarely available opportunity to operate your business in front which offers a 10' high ceiling and live in rear apt. There is a potential to expand the front commercial/retail space or build up the second level. Rear apt has 5 rooms, including 1 Bedroom, 1 beautifully remolded full Bathroom, living room, dining room, kitchen, eat in area and a nice sunroom. This property offers partial basement, good size fenced in backyard to enjoy and entertain plus the 2-car detached garage in the back. Terrific location walking distance to entertainment, restaurants, grocery, and near public transportation. Don't miss this amazing deal!!! Zoned B3-1. Could be awesome for Airbnb. Premier retail location in a popular new, currently ongoing developing area. Needs some TLC! Sold as-is.
Full Property Details
Full Property Details for 5053 N Lincoln Ave
General
- Sold For: $475,000
- Taxes: $4,392 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11808100
- Added to Site: 343 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Total Spaces: 2
Location
- Area: CHI - Lincoln Square
- County: Cook
- Driving Directions: Foster to Lincoln, South to property
- Location Details: Chicago North, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning, Partial
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 1,884
- # of Stores: 1
- Year Built: 1938
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 3,800
- Lot Dimensions: 25 x 144
- Frontage: City Street, Public Road
- Potential Use: Commercial
- Zoning: OTHER
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1938
- Tax Amount: $4,392.52
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 13124070100000
Get Pre-Approved Today
Schools
Schools serving 5053 N Lincoln Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2701 W Foster Ave, Chicago, IL 60625 | PK-8 | 0.3 mi | |
5110 N Damen Ave, Chicago, IL 60625 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5053 N Lincoln Ave
Date
Details
Price
Change
Source
9/01/2023
Sold
$475,000
-7.77%
MLS
6/14/2023
Listed
$515,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5053 N Lincoln Avenue, Chicago, IL 60625 (MLS# 11808100) is a Commercial property that was sold at $475,000 on September 01, 2023. Want to learn more about 5053 N Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.