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5731 N Lincoln Ave 12,000 SF 100% Leased Retail Building Chicago, IL 60659 $1,900,000 ($158.33/SF) 8.16% Cap Rate
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1957/2007
Price
$1,900,000
Price Per SF
$158.33
Cap Rate
8.16%
NOI
$155,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.64 AC
Zoning
B-5
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