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2636 Lincoln Avenue, CHICAGO, IL – $2,751,000

  • $2.8M Price
  • 9,350 Sqft
  • $2.8M Price
  • 9,350 Sqft

2636 Lincoln Avenue

RARELY Available Mixed-Use Building the the HIGHLY Desirable Lincoln Park Triangle/DePaul Corridor. The property is comprised of three (3) full-floor 3Bd/2Ba apartment units and one (1) duplex commercial space. 2636 N. Lincoln Ave. provides an investor with a true turn-key investment opportunity in the heart of Lincoln Park, Chicago's most iconic neighborhood. The Property was recently de-converted in 2016. The owner replaced all building mechanical's, windows, steel porches and installed a new roof layer in 2015. All three apartments have been extensively rehabbed with new kitchens, bathrooms, cabinetry, and flooring. The commercial space has also received cosmetic updates in preparation for the new tenant. A five (5) year retail lease was executed in January 2017 at $20.75/SF with 3% annual bumps. The lease term began in 3/1/2017 and has two, five (5) year options to extend. The apartments rents are below market providing tremendous upside. Request OM for full details.

Essential Information

  • MLS® #10452629
  • Price$2,751,000
  • Square Footage9,350
  • Acres0.00
  • Year Built2000
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address2636 Lincoln Avenue
  • AreaCHI - Lincoln Park
  • CityCHICAGO
  • CountyCook
  • StateIL
  • Zip Code60614

Amenities

  • Parking Spaces9

Interior

  • HeatingForced Air, Gas
  • CoolingCentral Individual
  • FireplaceYes
  • # of Fireplaces3
  • Stories4

Additional Information

  • ZoningCOMMR

Listing Details

  • Listing Office@properties Commercial
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Price Change History for 2636 Lincoln Avenue, CHICAGO, IL (MLS® #10452629)

Date Details Change
Status Changed from New to Active

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on October 22nd, 2019 at 4:20am CDT.