5035 North Lincoln Avenue, Chicago, IL


Previous Next



About 5035 North Lincoln Avenue

28,000 SF Site located on Lincoln Ave and Winnemac, perfect for a residential condominium, multi-family, mixed-use or stand alone retail/medical office development. 220 Feet of frontage along Lincoln. Currently zoned B2-3 with a Type 1 zoning approval. Permits are active through July 2023 for 2 of the four buildings. Current approvals are for 24 condominium units within 4 buildings of 6 units each building with 4 simplex units of 3 bedroom 2.5 bathroom units of 1,700 SF and 2 duplex down of 4 bedroom 3.5 bathroom 2,800 SF each. ARO is 10% of total unit count restricted to 2 apartments, currently ARO allows for rental units this could be amended to condo for sall. Planned infrastructure improvements along Lincoln with expansion of sidewalks, make this an ideal location to develop your next marquee residential or commercial project. This property is under receivership. 4.5% commission with 2.00% going to the buy side. Call broker for access to due diligence folder which has engineering, environmental, updated permits, ARO covenant and site surveys. Not many sites of this size and frontage come along.

Features of 5035 North Lincoln Avenue

MLS® # 11296943
Price $4,000,000
Bathrooms 0.00
Acres 0.65
Type Land
Sub-Type Land
Status Active

Community Information

Address 5035 North Lincoln Avenue
Area CHI - Lincoln Square
City Chicago
County Cook
State IL
Zip Code 60625


Is Waterfront Yes
Has Pool No


Fireplace No
Has Basement No

School Information

District 299

Additional Information

Days on Market 510
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?