5107 North Lincoln Avenue, Chicago, IL

$1,250,000

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About 5107 North Lincoln Avenue

Located on Lincoln Ave., just north of Lincoln Square & the Brown line with new condo & retail developments in process throughout the area, this mixed-use property on a double lot, features 2 storefronts, 4 apartments, & a 12 car parking lot. This great investment opportunity offers the next owner many options. The main floor offers 2500 sq. feet of retail/store space. The 5109 storefront is currently vacant. The building owner has operated St. Pauli Bar here since 1979 The unique oval wood bar, most of the fixtures & a 4 am liquor license are included in the sale. The 5107 storefront is currently occupied by a cleaners/alterations store on a month-to-month lease. A full unfinished basement is accessible from the interior through the 5107 storefront & from the exterior. The 12-car parking is accessed through the alley. There are 4-5 room, 2 bedroom, 1 bath units. The apartments all have separate utilities & feature original woodwork and doors, generous closet space & artificial fireplaces on the south side of the building. The owner lives in one unit, the other 3 are vacant. The building has been tuck pointed and has a rebuilt chimney and front facade. The rubber roof was recoated in 2017. The exterior wood porch was painted & stairs were replaced as needed-2015.

Features of 5107 North Lincoln Avenue

MLS® # 11660727
Price $1,250,000
Bathrooms 0.00
Acres 0.00
Year Built 1915
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 5107 North Lincoln Avenue
Area CHI - Lincoln Square
City Chicago
County Cook
State IL
Zip Code 60625

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Central Individual, Window Unit(s)
Fireplace Yes
# of Fireplaces 2
Has Basement No

Exterior

Exterior Brick
Roof Reflective Coating, Rubber
Foundation Block, Concrete Perimeter

Additional Information

Days on Market 544
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map

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