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5503 N Lincoln Avenue, Chicago, IL 60625
$6,500
5503 N Lincoln Avenue, Chicago, IL 60625View this property at 5503 N Lincoln Avenue, Chicago, IL 60625
5503 N Lincoln AvenueChicagoIL60625
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Property Description
Back On The Market and A Huge Price Drop! This Is A Business-Only Sale At Approximately 1000 Square Feet Of Restaurant Space. Located in Chicago'S Lincoln Square Neighborhood On Highly Trafficked Lincoln Ave, Sushi Joon Restaurant Specializes in Japanese Sushi Entrees and Other Specialties As Well As Korean Dishes. Sale Includes All Ff&E, Business Licenses, Customer Lists, Phone Numbers, and Business Name. in Addition, The Owner Will Train. Continue The Present Concept With This Popular Sushi Restaurant Or Start New, Endless Possibilities. The Current Lease Amount Is $2,350 As Of 09/22. The Current Lease Expires On 08/31/2024, Landlord Will Entertain Extending The Current Lease Terms With New Tenant.
Full Property Details
Full Property Details for 5503 N Lincoln Ave
General
- Sold For: $6,500
- Taxes: (2021)
- Status: Closed
- Type: Business
- MLS ID: 11798668
- Added to Site: 368 day(s) ago
Business
- Name: SUSHI JOON
- Business Type: Restaurant
- Years in Business: 7 to 10 Ye
- Seating Capacity: 21 to 30
Location
- Area: CHI - Lincoln Square
- County: Cook
- Driving Directions: Lincoln Ave south of Bryn Maur north of Foster at Catalpa
- Location Details: Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Gas
Structural Information
- Construction: Brick, Concrete
- Stories/Levels: 1
- Square Feet: 3,000
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 9,999,999
- Lot Dimensions: 9999999
- Frontage: City Street
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Repairs, Scavenger, Sewer, Gas
Disclosures and Reports
- Ownership: Corporation
- Property ID: 99999990000000
Listed and Sold by Procure Realty Group
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Schools
Schools serving 5503 N Lincoln Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5650 N Mozart St, Chicago, IL 60659 | PK-8 | 0.5 mi | |
5835 N Lincoln Ave, Chicago, IL 60659 | 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 5503 N Lincoln Ave
Date
Details
Price
Change
Source
7/31/2023
Sold
$6,500
-56.67%
MLS
6/14/2023
Price Reduced
$15,000
-40%
MLS
6/02/2023
Listed
$25,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5503 N Lincoln Avenue, Chicago, IL 60625 (MLS# 11798668) is a Business property that was sold at $6,500 on July 31, 2023. Want to learn more about 5503 N Lincoln Avenue? Do you have questions about finding other Business 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.