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    5439 N Lincoln Avenue

    Chicago, IL 60625
    • $979,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 10982153
    UPDATED: 38 min ago
    $979,000
    • 4
      BEDS
    • 0.05
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Ratings & Info

    School District:
    299

    Description

    Lincoln Square Exceptional Jumbo Luxury 3 Unit Condo Quality Apartment Building walking distance to Brown Line, Metra, and new proposed Lincoln Square shopping development on Western Ave and Lincoln Ave. Building features two 2 bedroom units with 2.5 bathrooms each, and one office/commercial unit with 1 bathroom. Each of the 3 Units are large 1,650 Sq Ft units. 3 Parking spaces in rear. Additional features include walkup from front entrance stairway straight up to roof, perfect candidate to add Rooftop Deck for entertaining, 360 degree views of City. Low cost building to operate, each unit has separate GFA heat, Central Air, separate gas and electric. Great scheduled income with low cost building to operate. Better layout and finishes than most existing condos on the market. Absolutely looks like it was was completed yesterday, excellent condition. Apartments feature open floor plan, 10 foot ceilings, inviting warm wood trim, architectural windows and doors, decorative hardwood floors, inspiring curved ceilings, fireplace, modern appliances, side-by-side washer/dryer, decks and private balcony, and more. Chef's Kitchen features SS appliances, high-end kitchen cabinets, long breakfast bar counter for entertaining and eating, & much more. Bathrooms feature exceptional vanity cabinets and fixtures, decorative marble. When you consider the inflated material costs and expenses now to build a new building similar to this, you will understand this is a far greater value considering it is Turnkey. **PRICED BELOW COST TO BUILD SAME BUILDING NEW TODAY IN THIS HOT AREA ** EXCEPTIONAL VALUE......PERFECT 1031 EXCHANGE candidate. Gross Scheduled Income $86,751 and separate utilities except water..

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-10T13:53:18.043 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    5439 N Lincoln Avenue Chicago, IL 60625

    • Price: $979,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 10982153
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.05
    Acres
    2008
    Built
    Neighborhood:
    Chi - Lincoln Square
    County:
    Cook
    Area:
    Chi - Lincoln Square
    School District:
    299
    Property Description
    Lincoln Square Exceptional Jumbo Luxury 3 Unit Condo Quality Apartment Building walking distance to Brown Line, Metra, and new proposed Lincoln Square shopping development on Western Ave and Lincoln Ave. Building features two 2 bedroom units with 2.5 bathrooms each, and one office/commercial unit with 1 bathroom. Each of the 3 Units are large 1,650 Sq Ft units. 3 Parking spaces in rear. Additional features include walkup from front entrance stairway straight up to roof, perfect candidate to add Rooftop Deck for entertaining, 360 degree views of City. Low cost building to operate, each unit has separate GFA heat, Central Air, separate gas and electric. Great scheduled income with low cost building to operate. Better layout and finishes than most existing condos on the market. Absolutely looks like it was was completed yesterday, excellent condition. Apartments feature open floor plan, 10 foot ceilings, inviting warm wood trim, architectural windows and doors, decorative hardwood floors, inspiring curved ceilings, fireplace, modern appliances, side-by-side washer/dryer, decks and private balcony, and more. Chef's Kitchen features SS appliances, high-end kitchen cabinets, long breakfast bar counter for entertaining and eating, & much more. Bathrooms feature exceptional vanity cabinets and fixtures, decorative marble. When you consider the inflated material costs and expenses now to build a new building similar to this, you will understand this is a far greater value considering it is Turnkey. **PRICED BELOW COST TO BUILD SAME BUILDING NEW TODAY IN THIS HOT AREA ** EXCEPTIONAL VALUE......PERFECT 1031 EXCHANGE candidate. Gross Scheduled Income $86,751 and separate utilities except water..
    Exterior Features

    Architectural Style Greystone Exterior Building Type BrickStoneLimestone Exterior Features BalconyDeckPatioRoof DeckStorms/Screens Foundation Details Concrete Perimeter Is Parking Includedin Price Yes Number Of Cars 3 Parking Space/S Parking Features AssignedUnassignedOff AlleyAlley AccessDirect Access Parking On Site Yes Parking Ownership Owned Parking Total 3 Roof Flat Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 3 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building No Appliances Features Unit1 Central Air ConditionerGarage/SpaceWalk-In Closet Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherMicrowaveDisposalCentral Air ConditionerFireplace-GasGarage/SpaceLaundry Hook-UpRange HoodHardwood FloorsWalk-In Closet Appliances Features Unit3 StoveRefrigeratorWasherDryerDishwasherMicrowaveDisposalCentral Air ConditionerFireplace-GasGarage/SpaceLaundry Hook-UpCathedral CeilingsHardwood FloorsWalk-In Closet Basement None Basement Bathrooms YN No Basement Description None Bath Amenities Double SinkSoaking Tub Bathrooms Total Integer 7 Bedrooms Below Grade 0 Bedrooms Possible 4 Full Baths In Building 4 Full Baths In Unit1 0 Full Baths In Unit2 2 Full Baths In Unit3 2 Half Baths In Building 3 Half Baths In Unit1 1 Half Baths In Unit2 1 Half Baths In Unit3 1 Heating Natural GasForced Air2+ Sep Heating SystemsIndv Controls Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Rooms Unit1 1 Number Of Rooms Unit2 5 Number Of Rooms Unit3 5 Other Equipment HumidifierTv-CableIntercomCo DetectorsMultiple Water Heaters Room Type Utility Room-1St FloorUtility Room-2Nd FloorUtility Room-Lower Level Rooms Total 11

    Property Features

    Additional Parcels YN No Age Description 11-15 Years Built Before1978 YN No Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago Fuel Expense 300 General Information Commuter Bus Gross Income 86751 Insurance Expense 1500 Lease Exp Date Mo Yr Unit1 Vcnt Lease Exp Date Mo Yr Unit2 04/22 Lease Exp Date Mo Yr Unit3 Vcnt Lot Size Less Than .25 Acre Lot Size Dimensions 25X96 Net Operating Income 73359 New Construction YN No Other Expenses 300 Property Sub Type 3 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 2350 Security Deposit Unit3 0 Sewer Public Sewer Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 6516.87 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeatScavengerSewerWater Tenant Pays Unit2 ElectricGasHeatScavengerSewerWater Tenant Pays Unit3 ElectricGasHeatScavengerSewerWater Total Rental Income 86751 Unit1 Rent 2350 Unit2 Rent 2350 Unit3 Rent 2350 Water Sewer Expense 1500 Water Source Lake MichiganPublic Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Real People Realty Inc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-04-10T13:53:18.043 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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