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5731 N Lincoln Ave 12,000 SF Vacant Retail Building Chicago, IL 60659 $2,600,000 ($216.67/SF)
Executive Summary
Prime location along the vibrant Lincoln Avenue corridor. Positioned on a high-traffic corner with outstanding visibility, this property offers one of the area's most sought-after opportunities for investors. The building is fully occupied, delivering stable and predictable income. This renovated retail property sits on a double lot and features seven tenants, including well-established restaurants, a dental office, and other retail businesses. With numerous recent upgrades and improvements, this is a truly turnkey, worry-free investment in a proven commercial corridor. Property addresses: 5737-5741 N. Lincoln Ave and 5744-5752 N. California Ave. An exceptional investment opportunity in an outstanding location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1957
Price
$2,600,000
Price Per SF
$216.67
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.64 AC
Zoning
B-5 - Business
Parking
15 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Security System
- Signalized Intersection
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-01-321-015-0000 | Improvements Assessment | $13,458 |
| Land Assessment | $34,685 | Total Assessment | $48,143 |
Property Taxes
Parcel Number
13-01-321-015-0000
Land Assessment
$34,685
Improvements Assessment
$13,458
Total Assessment
$48,143
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5731 N Lincoln Ave
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