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- LoopNet Team
5230 N Lincoln Ave
Chicago, IL 60625
Land For Sale
·
0.48 AC
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Acquire .48 Acres in the City
- Situated Across From a Tony’s Fresh Market
- 11-Minute Walk to Winnemac and River Park
- Excellent Lincoln Square Location
- Eight-Minute Walk to the Swedish Hospital
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.48 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Zoning | B3-2 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.48 AC |
| No. Stories | 2 |
| Zoning | B3-2 |
DESCRIPTION
INVESTMENT OVERVIEW Marcus & Millichap is pleased to present 5230 North Lincoln Avenue, located in the highly sought out neighborhood of Lincoln Square, in Chicago, Illinois. The subject property is on located on a high traf?c corridor surrounded by residential dwellings. The site currently operates as a motel and provides the opportunity to continue the existing operation or building as-of right. The property sits across from a major Chicago grocer Tony's, and is a short distance from the Swedish Hospital. The neighborhood of Lincoln Square is a colorful area that boasts an assortment of popular restaurants, bars, and boutiques. Chicagoans are drawn to Lincoln Square due to the wide array of music venues, galleries, and historical spots that illustrate the area’s roots. Neighborhood gems can be found along with the heart of Lincoln Square at the intersection of Lawrence, Western, and Lincoln Avenues, where businesses range from industry to creative.
PROPERTY TAXES
| Parcel Number | 13-12-229-021-0000 | Improvements Assessment | $37,620 |
| Land Assessment | $46,401 | Total Assessment | $84,021 |
PROPERTY TAXES
