About 5107 North Lincoln Avenue
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.
Features of 5107 North Lincoln Avenue
MLS® # | 11660727 |
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Price | $1,250,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1915 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Contingent |
Community Information
Address | 5107 North Lincoln Avenue |
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Area | CHI - Lincoln Square |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60625 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Central Air, Central Individual, Window Unit(s) |
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Fireplace | Yes |
# of Fireplaces | 2 |
Has Basement | No |
Exterior
Exterior | Brick |
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Roof | Reflective Coating, Rubber |
Foundation | Block, Concrete Perimeter |
Additional Information
Days on Market | 561 |
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Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Baird & Warner |
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