3740 N Lincoln AVE, Chicago, IL 60613
3740 N Lincoln AVE, Chicago, IL 60613
3740 N Lincoln AVE, Chicago, IL 60613
3740 N Lincoln AVE, Chicago, IL 60613
3740 N Lincoln AVE, Chicago, IL 60613
3740 N Lincoln AVE, Chicago, IL 60613
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$625,000

Est.Price: ?

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Est. payment /mo

3,100 SqFt


SOLD DATE : 06/24/2026

Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $201

MLS Listing ID 12564187

Year Built 2006

Annual Tax Amount $23,090

Tax Year 2024

Property Sub-Type Retail/Stores

Property Description

Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker

Location

State IL

County Cook

Area Chi - North Center

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Flooring Concrete, Other

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Roof Type Rubber

Building

Water Municipal Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Kieran Fahy of  Fahy Real Estate Inc 
Bought with Non Member of NON MEMBER

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Steve Porter

Steve Porter

+1(773) 992-9619

Broker | License ID: 471.018397

Broker License ID: 471.018397

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