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    5854-58 N Lincoln Avenue

    Chicago, IL 60659
    • $399,000
    • STATUS: Active Under Contract
    • ON SITE: 102 days
    • MLS #: 11117725
    Under Contract
    UPDATED: 20 min ago
    $399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Modified Net lease building with Japanese Sports bar Rest and Pizza & Fast Food. Two tenants has been there doing business for 9 years. Owner only responsible for the Roof, Structures, Tax and Insurance. New roof 2020. Cap Rate: 12.1% Yearly total income: $68,400.00 Yearly total expense: $20,126.40 Net yearly income: $48,273.60

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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 2021-09-21T00:00:16.07 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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    5854-58 N Lincoln Avenue Chicago, IL 60659

    • Price: $399,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • MLS #: 11117725
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,200
    SQFT
    $95
    $/SQFT
    1961
    Built
    Neighborhood:
    Chi - West Ridge
    County:
    Cook
    Area:
    Chi - West Ridge
    Property Description
    Modified Net lease building with Japanese Sports bar Rest and Pizza & Fast Food. Two tenants has been there doing business for 9 years. Owner only responsible for the Roof, Structures, Tax and Insurance. New roof 2020. Cap Rate: 12.1% Yearly total income: $68,400.00 Yearly total expense: $20,126.40 Net yearly income: $48,273.60
    Exterior Features

    Docks None Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 10 Roof Rubber Roof Structure FlatPitched

    Interior Features

    Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

    Property Features

    Additional Parcels YN Yes Building Area Total 4200 Contingency Attorney/Inspection Continue To Show Yes Electric 101-200 Amps Fire Protection Alarm MonitoredOther Gross Income 68400 Gross Scheduled Income 68400 Insurance Expense 2850 Leasable Area 5400 Net Operating Income 48274 Number Of Tenants 2 Operating Expense 20126 Property Offered For Sale Only Property Sub Type Restaurant Tax Annual Amount 17276 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatInsuranceRepairsScavengerSewer Total Monthly Income 5700 Type Retail/Stores Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of iProperties.


    © 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 2021-09-21T00:00:16.07 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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    Orland Park IL, 60467