Chicago, IL 60657,2942 N Lincoln AVE
Chicago, IL 60657,2942 N Lincoln AVE
Chicago, IL 60657,2942 N Lincoln AVE
Chicago, IL 60657,2942 N Lincoln AVE
Chicago, IL 60657,2942 N Lincoln AVE
Chicago, IL 60657,2942 N Lincoln AVE
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$4,850,000

$5,000,000

3.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/10/2023

Key Details

Sold Price $4,850,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11799705

Sold Date 11/10/23

Year Built 2006

Annual Tax Amount $39,691

Tax Year 2021

Lot Dimensions 48X118

Property Description

Rarely available 7-unit elevator condo quality building in the heart of Lakeview. This well-maintained building is ready for the next investor to sit back and collect rent. Monthly gross income of $33,775. 100% occupied with leases in place. Commerical space features well known restaurant which just renewed for a 5-year term starting July 1. All residential units are 3 bedrooms, 2 bath condo quality units featuring large custom kitchen with granite countertops, stainless appliances, custom cabinets opening to living room and dining room which leads to one of two outdoor balconies. Three true bedrooms features primary bedroom with ensuite bathroom with double bowl stone countertops, soaking tub and separate shower. Large second and third bedrooms along with updated second bath. Hardwood floors throughout. Rear balcony. All residential finishes similar in all units. Photos are from unit 4N along with floorplan, 3N and 2N are identical to 4N. 2S, 3S, 4S units are the same layout just flipped. Parking spaces for each unit in rear of the building.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Interior

Cooling Central Air

Fireplaces Number 6

Fireplace Y

Building

Level or Stories 4

Structure Type Brick,Block

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Midwest Real Estate Data (MRED) IDX
Listed by Pasquale Recchia • @properties Christie's International Real Estate
Bought with Betty Prejzner • USA Realty Group Inc
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1941 N Elston Ave, Chicago, IL, 60642, USA

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