$475,000
$515,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
5053 N Lincoln AVE Chicago, IL 60625
1,884 SqFt
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $252
MLS Listing ID 11808100
Sold Date 09/01/23
Year Built 1938
Annual Tax Amount $4,392
Tax Year 2021
Lot Dimensions 25 X 144
Property Sub-Type Mixed Use
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.
Location
State IL
County Cook
Area Chi - Lincoln Square
Zoning OTHER
Interior
Cooling Central Air, Partial
Fireplace N
Building
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Lily Hosseini of Coldwell Banker Realty

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