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$1,250,000
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Property Description
A prime mixed-use investment Corner property that includes a restaurant, mechanic shop, and a beautifully remodeled three-bedroom apartment. The restaurant is leased for $2,100 per month, the mechanic shop for $4,000 per month , and the apartment brings in $1,500 per month on a month-to-month basis. this is a fantastic opportunity to acquire a turnkey investment with steady income streams in a sought-after location. Contact us today for more information and to arrange a viewing.
Full Property Details
Full Property Details for MLS# 12541424
General
- Price: $1,250,000
- Taxes: $14,534 (2024)
- Status: Active
- Type: Commercial Residential Facility
- Source: MRED
- MLS ID: 12541424
- Updated: 2/25/2026
- Added to Site: 45 day(s) ago
Rental Information
- Lease Terms: VARIED BY TENANT
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Lincoln Square
- County: Cook
- Township: Lake View
- Driving Directions: WESTERN AVENUE NORTH OF LAWRENCE SOUTH FO FOSTER
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Square Feet: 4,314
- Current Bldg. Use: Commercial
- # of Stores: 2
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Lot Features
- Lot Size (Sq. Ft.): 2,646
- Lot Dimensions: 2646
- Frontage: City Street
Financial Considerations
- Insurance Fee: $4,000
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1926
- Tax Amount: $14,534.4
- Tax Year: 2024
- Tenant Pays: Electricity, Insurance, Varies by Tenant
- Pays Electric: 300
Disclosures and Reports
- Property ID: 14073070010000
Listed by Jam Realty Co
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Schools
Schools serving MLS# 12541424
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chappell Elementary School, Chicago, IL 2135 West Foster Avenue, Chicago, IL 60625 | PK-8 | 0.3 mi |
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625 | 9-12 | 0.5 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 MLS# 12541424
Date
Details
Price
Change
Source
2/19/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 12541424
MLS# 12541424, Chicago, IL 60625 (MLS# 12541424) is a Commercial Residential Facility property. MLS# 12541424 is currently listed for $1,250,000 and was received on February 19, 2026. Want to learn more about MLS# 12541424? Do you have questions about finding other Commercial Residential Facility 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.

