Address
5582 N Lincoln Avenue # C2, Chicago, IL
Price
$ 375,000
Property Attributes
- MLS#12576524
- TypeCommercial
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Lincoln Square
- NeighborhoodBudlong Woods
- Zip60625
- Style
- Year Built2006
- Taxes$ 5547
- Price$ 375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2183
- Lot Size0.573921 Acres
Data Source:
Midwest Real Estate Data (MRED)
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.
| Price History | |
|---|---|
| 2/26/2026 | Listed $375,000 |
General Features
| Cooling | Central Air,Central Individual |
|---|---|
| Utilities | Electric to Site,Natural Gas Available,Sewer Connected |
| Possession | Immediate |
| Roof | Fiberglass,Membrane |
| Zoning | OFFIC |
| Construction Materials | Brick,Concrete,Other |
| Year Built | 2006 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Air Conditioning,Electricity,Heat,Janitorial Service,Taxes,Insurance,Varies by Tenant,All Utilities |
| Stories Count | 5 |
| Township | Jefferson |
| Unit Number | C2 |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Gross Income | 1500 |
| County | Cook |
| Net Operating Income | 18000 |
| Property Type | Commercial Sale |
| Possible Use | Commercial,Office,Retail,Special Use |
| Status | Active |
| Directions | Southwest Corner of Bryn Mawr and Lincoln |
| City | Chicago |
| Number Of Units Total | 1 |
| MLS Area | CHI - Lincoln Square |
| Lot Size Square Feet | 25000 |
| Tax Annual Amount | 5547.05 |
| Additional Parcels Y/N | No |
| Leasable Area | 1261 |
| Lease Type | Net |
| Standard Status | Active |
| Property Type | Office/Tech |
| Total Actual Rent | 1500 |
Interior Features
| Flooring | Carpet,Concrete |
|---|
Exterior Features
| Water Source | Municipal Water |
|---|---|
| Foundation Details | Concrete Perimeter |
| Building Area Total | 2183 |
| Lot Dimensions | COMMON |
| Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60625
Price
Taxes
Year Built
Visits
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