Contingent

1942 N Lincoln Avenue

Chicago IL, 60614

$1,525,000


Contingent

Commercial

Built in 1880

Courtesy of Westward 360

Stunning seven unit property in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one studio. Recent improvements include adding central heat/air, renovating kitchens and baths in five of the apartments, and improving the common area hallways. Three parking spaces in the rear for additional revenue as well as coin laundry. Professional management in place and can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $11,750 with room to easily push past $13k by end of 2024.

12021480

MLS ID

April 9, 2024

Listed

May 9, 2024

Updated

Map

1942 N Lincoln Avenue
Chicago IL, 60614

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

No

Exterior/Building Features

Other Property Details

Area Name

CHI - Lincoln Park


Taxes

$22,185


Tax Frequency

Annually


Days on Market

19


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

2% - $395

Listing History

Date

Event

Price

4/28/2024

Under Contract

Courtesy of Westward 360, Alan Cosby,
Listing Contact: 773-572-0880 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Giovanni Leopaldi are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 5/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:55 AM UTC, 5/9/2024

 

 

Powered byLuxury Presence