5820 North Lincoln Avenue
$800,000
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Listed By Compass
Contingent
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...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!
Listing Agent
Property Details for 5820 North Lincoln Avenue
Area
CHI - West Ridge
Num of Interior Fireplaces0
ZoningMULTI
LISTING UPDATED: 11/07/2024 08:28 AM
Property Details for 5820 North Lincoln Avenue
Status | Contingent |
---|---|
MLS # | 12138770 |
Days on Market | 86 |
Taxes | $12,958 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1968 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 5820 North Lincoln Avenue
Stories3Residences5Year Built1968Lot Size0.07 AC / 3,125 SF
Property Information for 5820 North Lincoln Avenue
Property History for 5820 North Lincoln Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5820 North Lincoln Avenue
Taxable ValueLand$8,639Additions$54,363Total$63,002
Tax Record2022$12,958 ($1,080 / month)
Home Facts
Baths5Total Finished SqFt5,600 SqFtAbove Grade Finished SqFt5,600 SqFtStories3Lot Size2,699 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN13-01-319-006
Schools near 5820 North Lincoln Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Jamieson Elementary School PublicPK to 8 | ||
Mather High School Public9 to 12 | ||
Northside College Preparatory High School Public9 to 12 | ||
Northside Learning Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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