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$ 375,000
Est. payment /mo
Active
5582 N Lincoln AVE #C2 Chicago, IL 60625
2,183 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 2,183 sqft
Price per Sqft $171
MLS Listing ID 12576524
Year Built 2006
Annual Tax Amount $5,547
Tax Year 2024
Lot Dimensions COMMON
Property Sub-Type Office/Tech
Property Description
Prime Lincoln Avenue location with great visibility. This modern first-floor space offers 1,261 sq ft plus 922 sq ft of lower level storage, ideal for boutique retail, cafe, salon, spa, yoga or fitness studio, professional office, therapy or medical practice, real estate or insurance office, or other neighborhood-serving commercial uses permitted under B2-3 zoning. Large display windows with awnings provide strong street presence and natural light. The space features central A/C and heat, a kitchenette with sink and refrigerator, a bathroom, and a water fountain. Two rear parking spaces are included, with ample street parking nearby for customers or clients. Offered for sale at $375,000 or for lease at $1,500 per month NNN, with estimated NNN expenses of approximately $845 per month (property taxes and HOA). Tenant responsible for electricity. Estimated total monthly occupancy cost is approximately $2,345 per month plus electric. A solid opportunity on Lincoln Avenue.
Location
State IL
County Cook
Area Chi - Lincoln Square
Zoning OFFIC
Interior
Cooling Central Air, Central Individual
Flooring Carpet, Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Fiberglass,Membrane
Building
Dwelling Type Office/Tech
Water Municipal Water
Structure Type Brick,Concrete,Other
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Listed by Emir Vulic of Berkshire Hathaway HomeServices Chicago