3740 N Lincoln Avenue, Chicago, IL
  • $670,000

Description

Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker

  • Listing Courtesy of: Fahy Real Estate Inc

Details

Updated on June 20, 2026 at 1:43 am
  • Property ID MRD12564187
  • Price $670,000
  • Year Built 2006
  • Property Type Bad
  • Property Status Pending
  • Parcel Number 14192190210000
  • Water Source Municipal Water
  • MLS Status Pending
  • Days On Market 130
  • Cumulative Days On Market 698
  • Tax Annual Amount 23090.65
  • Cooling Central Air,Central Individual
  • Directions Addison (3600N) to Lincoln (1800W) north to property.
  • Association Fee Frequency Monthly
  • BuildingAreaTotal 3100
  • StoriesTotal 4
  • Zoning COMMR
  • Address 3740 N Lincoln Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60613
  • Country United States

Overview

Property ID: MRD12564187
  • Bad
  • Property Type
  • 2006
  • Year Built

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