Chicago, IL 60618,4363 N Lincoln AVE
Chicago, IL 60618,4363 N Lincoln AVE
Chicago, IL 60618,4363 N Lincoln AVE
Chicago, IL 60618,4363 N Lincoln AVE
Chicago, IL 60618,4363 N Lincoln AVE
Chicago, IL 60618,4363 N Lincoln AVE
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$ 2,395,000
Est. payment | /mo

7,499 SqFt


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$ 2,395,000
Est. payment | /mo
Save

7,499 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,499 sqft

Price per Sqft $319

MLS Listing ID 12484527

Year Built 1915

Annual Tax Amount $22,085

Tax Year 2024

Lot Dimensions 2,502 SF

Property Sub-Type Mixed Use

Property Description

Trophy building at the heart of Lincoln Square, a highly visible corner across from Welles Park and Small Cheval. The building is anchored by L&M Deli, a neighborhood staple serving deli sandwiches, high-end groceries, as as beer, wine, and liquor. In addition, there are four large apartments (1) three bed / one bath and (3) two bed / one baths. The building underwent significant renovation in 2007 including the replacement of all copper water lines, all electric, a new main water line, new windows, and the cosmetic renovation of all units. In 2022, new HVAC was installed for all of the retail space. The apartments all have central air AC with clean, rental quality finishes (hardwood floors, laminate counters, and entry level appliances). Laundry is a shared community room on the 2nd floor of the building. L&M Deli has been in business at this location for six years with four years remaining on their lease and (2) five-year options. The space has had extensive upgrades including two large, walk-in freezers, a 1,500 SF air-conditioned prep kitchen in the basement, as well as ventilation and black iron for the kitchen. A new buyer has the opportunity to mark the existing apartment rents to market amid growing rental pressure and a lack of available supply, all while owning a trophy building with cash flow in place.

Location

State IL

County Cook

Area Chi - North Center

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Philip Leigh of  Essex 312, LLC 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Solomon Elementary School

    Public | PK - 8

  • 10

    Hawthorne Elementary Scholastic Academy

    Public | KG - 8

  • 10

    Lincoln Elementary School

    Public | KG - 8

  • 9

    Edison Elementary Regional Gifted Center

    Public | KG - 8

  • 9

    Stone Elementary Scholastic Academy

    Public | KG - 8

  • 9

    Burley Elementary School

    Public | KG - 8

  • 9

    Prescott Elementary School

    Public | PK - 8

  • 9

    Disney Elementary Magnet School

    Public | PK - 8

  • 9

    Alcott Elementary School

    Public | KG - 8

  • 8

    West Ridge Elementary School

    Public | PK - 8

  • 8

    Bell Elementary School

    Public | KG - 8

  • 8

    Coonley Elementary School

    Public | PK - 8

  • 8

    Mayer Elementary School

    Public | PK - 8

  • 8

    Greeley Elementary School

    Public | PK - 8

  • 7

    Rutledge Hall Elementary School

    Public | 3 - 5

  • 7

    Garcia Lorca Elementary School

    Public | KG - 8

  • 7

    Von Linne Elementary School

    Public | KG - 8

  • 7

    Jamieson Elementary School

    Public | KG - 8

  • 7

    Budlong Elementary School

    Public | KG - 8

  • 7

    Pulaski International School of Chicago

    Public | KG - 8

Middle Schools 6
  • 10

    Lincoln Hall Middle School

    Public | 6 - 8

  • 10

    Lane Technical High School

    Public | 7 - 12

  • 4

    Ames Middle School

    Public | 7 - 8

  • 4

    Disney II Magnet High School

    Public | 7 - 9

  • 4

    Albany Park Multicultural Academy

    Public | 7 - 8

  • 0

    T. Marshall Middle School

    Public | 7 - 8

High Schools 20
  • 10

    Northside College Preparatory High School

    Public | 9 - 12

  • 10

    Devry Advantage Academy High School

    Public | 11 - 12

  • 9

    Lincoln Park High School

    Public | 9 - 12

  • 7

    Von Steuben Metro Science High School

    Public | 9 - 12

  • 5

    Mather High School

    Public | 9 - 12

  • 5

    Amundsen High School

    Public | 9 - 12

  • 5

    Lake View High School

    Public | 9 - 12

  • 5

    Rickover Naval Academy High School

    Public | 9 - 12

  • 4

    Senn High School

    Public | 9 - 12

  • 4

    Uplift Community High School

    Public | 9 - 12

  • 3

    Alcott Humanities High School

    Public | 9 - 12

  • 1

    Roosevelt High School

    Public | 9 - 12

  • 1

    Sullivan High School

    Public | 9 - 12

  • 0

    Antonia Pantoja High School

    Private | 10 - 12

  • 0

    Northside Learning Center

    Public | 9 - 12

  • 0

    Yeshivas Meor Hatorah of Chicago

    Private | 9 - 11

  • 0

    Telshe High School

    Private | 9 - 12

  • 0

    Bais Yaakov High School

    Private | 9 - 12

  • 0

    Lubavitch Girls High School

    Private | 9 - 12

  • 0

    Pathways in Education Avondale High School

    Public | 9 - 12

School and business data provided by Attom Data.
Tony Ciancanelli

Helping buyers and sellers move with convidence 

+1(708) 670-6334

tony.ciancanelli@exprealty.com

1000 Essington Rd, Joliet, IL, 60435-2841, USA

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4363 N Lincoln AVE