5820 N Lincoln AVE, Chicago, IL 60659 – 12138770

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 800,000

Est. payment | -/mo

5,600 SqFt

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$ 800,000

Est. payment | -/mo

Save

5,600 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $142

MLS Listing ID 12138770

Year Built 1968

Annual Tax Amount $12,958

Tax Year 2022

Lot Dimensions 25 BY 125

Property Description

This excellent investment opportunity features a mixed-use brick building with four residential units and one commercial store, ideally located across from Mather High School and within walking distance to Jamieson Elementary School. The ground floor retail space spans approximately 3,500 square feet, complete with 1.1 bathrooms, separate central HVAC, and a prominent storefront. The four residential apartments each offer around 650 square feet of living space, featuring 2 bedrooms and 1 bathroom with identical layouts. Additionally, the property includes two outdoor parking spaces. This building is easy to manage, making it ideal for new investors looking to enjoy a steady rental income. Convenient and free parking is available on Lincoln Avenue and surrounding side streets. Don't miss this fantastic opportunity to invest in a well-located, income-producing property!

Location

State IL

County Cook

Area Chi - West Ridge

Zoning MULTI

Interior

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

Listed by Trung Duong • Compass

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Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA