Under Contract

5107 N Lincoln Avenue

Chicago IL, 60625

$1,250,000


$158.43 per sqft

Under Contract

7,890 sqft

Commercial

Built in 1915

Courtesy of Baird & Warner

Located on Lincoln Ave., just north of Lincoln Square & the Brown line with new condo & retail developments in process throughout the area, this mixed-use property on a double lot, features 2 storefronts, 4 apartments, & a 12 car parking lot. This great investment opportunity offers the next owner many options. The main floor offers 2500 sq. feet of retail/store space. The 5109 storefront is currently vacant. The building owner has operated St. Pauli Bar here since 1979 The unique oval wood bar, most of the fixtures & a 4 am liquor license are included in the sale. The 5107 storefront is currently occupied by a cleaners/alterations store on a month-to-month lease. A full unfinished basement is accessible from the interior through the 5107 storefront & from the exterior. The 12-car parking is accessed through the alley. There are 4-5 room, 2 bedroom, 1 bath units. The apartments all have separate utilities & feature original woodwork and doors, generous closet space & artificial fireplaces on the south side of the building. The owner lives in one unit, the other 3 are vacant. The building has been tuck pointed and has a rebuilt chimney and front facade. The rubber roof was recoated in 2017. The exterior wood porch was painted & stairs were replaced as needed-2015.

11660727

MLS ID

October 24, 2022

Listed

March 29, 2024

Updated

Map

5107 N Lincoln Avenue
Chicago IL, 60625

Interior Features

Total Stories

3


Floor Description

Carpet, Tile, Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Central Individual, Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Reflective Coating, Rubber

Other Property Details

Area Name

CHI - Lincoln Square


Taxes

$6,854


Tax Frequency

Annually


Days on Market

521


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

3/25/2024

Under Contract

Courtesy of Baird & Warner, Cathy Byrne,
Listing Contact: 312-618-6764 

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©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:37 AM UTC, 3/29/2024

 

 

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