FOR SALE
$ 250,000 Est. Payment

4124 N Lincoln Avenue UNIT 1

Chicago, IL 60618
Retail
Residence
1,142
Sq. Ft.
N/A
Acre Lot
1of
Map
Photos
Courtesy: Scott Fithian - The Lord Companies L.L.C.
Newer construction 1,142 SF commercial condo with short lease term remaining with existing tenant. Purchase as an investment or lease or purchase for an owner/user, use the rental income to offset costs during planning & permitting process. Recently built-out for counseling office with 4 private offices, waiting area, kitchenette/break room and ADA washroom. Current net income is $20,900/yr (8.4% CAP rate). RE taxes are much lower than typical for newer commercial condos ($4.23/SF). Very nice neighborhood just north of Lincoln/Damen/Irving Park Rd intersection. 0.4 mile to new CTA Brown line station at Irving Park Rd. Nearby businesses include CVS, Wintrust Bank, MB Financial Bank, AT&T, T-mobile, Swedish Covenant Immediate Care, Chicago Title, and numerous neighborhood restaurants and local businesses. This area also has several of the best public and private schools in Chicago which has drawn affluent young families that intend to stay in Chicago. Easy street parking.
10259623
Retail, Other
Cook
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
96,230
2,720,546
5,238,216
321,418,820
19,014
11,915
5,530
89
2.7
2.6
2.6
2.6
33.3
33.4
35.7
37.4
$56,763
$47,831
$54,828
$53,482
$32,029
$28,623
$30,468
$28,555
 
Economy
Zip
City
County
National
6.80 %
6.80 %
6.40 %
5.20 %
1.40 %
1.40 %
1.40 %
1.60 %
36.00 %
36.00 %
36.40 %
38.00 %
10.25 %
10.25 %
10.25 %
6.00 %
3.75 %
3.75 %
3.75 %
4.60 %
133
111
109
100
 
Environment
Zip
City
County
National
595
593
659
1443
37.9
38.2
38.2
39.2
37.1
37.1
34.8
25.8
18.2
19.5
17.6
22.6
84.2
84.3
84.1
86.1
124
124
120
102
189
189
189
205
50
46
45
54
Source: Sperling's Best Places
Courtesy: Scott Fithian - The Lord Companies L.L.C.
Diane Danzy Odell, Xome Inc, License #471010621 (BR), 478026347 (Ofc), DianeD.Odell@xome.com, 312-757-9641, 77 Washington, Suite 714A, Chicago, Illinois 60602


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