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3722 N Lincoln Ave 3722 N Lincoln Ave 1,265 SF 100% Leased Retail Building Chicago, IL 60613 $275,000 ($217.39/SF)



INVESTMENT HIGHLIGHTS
- Repositioning & Value Add Potential
- High-Demand Urban Location
- Transit Oriented Location
- Exceptional Demographics
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the condominium interest in the first floor of 3722 North Lincoln Avenue on the border of the North Center and Lakeview neighborhoods of Chicago, Illinois (the “Property”). The Property contains a 1,265 square foot commercial condominium unit on the first floor of a four-story mixed-use building with residential condominiums. The Property includes one (1) deeded parking space at the rear of the building. The attractive and well-maintained building is positioned on a 0.08- acre parcel and is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. 3722 N Lincoln Avenue offers the opportunity for an owner-user to occupy the Property or to lease the Property as an investment opportunity. The Property is well-located along North Lincoln Avenue on the border of the North Center and Lakeview neighborhoods of Chicago, in a high-density, inner-urban core neighborhood on the north side of Chicago, directly south of Ravenswood, east of ST. Ben’s and north of Roscoe Village. The transit-oriented site is conveniently located seconds from the Addison “L” station on the CTA Brown Line (approximately 500 feet away). The high-demand for real estate in North Central and Lakeview make this a great opportunity for an investor seeking a stable investment Property with upside through the occupancy or lease-up of the vacant commercial unit.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
1,265 SF
Year Built
2003
Price
$275,000
Price Per SF
$217.39
Percent Leased
100%
Building Height
1 Story
Building FAR
0.36
Lot Size
0.08 AC
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (89)
NEARBY MAJOR RETAILERS
Fifth Third Bank
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3722 N Lincoln Ave | 3722 N Lincoln Ave
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