3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 1 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 2 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 3 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 4 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 5 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 6 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 7 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 8 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 9 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 10 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 11 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 12 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 13 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 14 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 15 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 16 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 17 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 18 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 19 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 20 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 21 3901-03 N Lincoln Avenue, CHICAGO IL 60613 Photo 22
Listing Courtesy of Mid-America Realty

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3901-03 N Lincoln Avenue - Great neighborhood location. Three store/office areas and four, 5 room, 2 bedroom, 1 bath apartments on the second and third floors. Parking lot in the rear of the building with room for 9-11 vehicles. 2 store/office fronts face a very busy Lincoln Avenue and another store faces Byron. Full basement with 6 ft 6 inch height clearance allows for storage. Newer rear porches. Each office has a private bathroom. Rents are well below market as owner occupies one store front used as an office, a long time personal friend occupies second store front used now as an office and apartments that are mo/mo leases are occupied by owner's relatives.

Listing information

  • MLS® ID: 09351021
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1896
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $11,520

Features

Air Conditioning Central Individual, Window Unit/s
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick, Concrete Block
Current Use Office and Research
Docks None
Electrical Service 101-200 Amps, 120V Power, 240V Power, Circuit Breakers, Separate Meters
Exterior Building Type Brick
Fire Protection Alarm Monitored, Smoke or Fire Protectors
Floor Finish Tile, Varies, Wood
Foundation Block, Brick
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Combination
Geographic Locale Chicago North
Heat/Ventilation Central Bldg Heat, Gas, Radiators, Steam
Information 24-Hr Notice Required, Listing Agent Must Accompany
Known Encumbrances First Mortgage
Location Central Business District, Mixed Use Area, Public Transport Avail
Misc Inside Basement, Handicapped Access, Multi-Tenant, Private Restroom/s
Misc Outside Balcony/ies, Storms and Screens (as exist)
Other # Of Apts - 4, # Of Dishwashers - 0, # Of Disposals - 0, # Of Dryers - 0, # Of Offices - 2, # Of Ranges - 4, # Of Refrigs - 4, # Of Tenants - 6, # Of Units - 7, # Of Washers - 0, # Of Window/Ac - 6, Approx Total Bldg Sq Ft - 6446, Electricity Expense - 400, Expense Year - 2015, Fuel Expense - 5000, Gross Rent Multiplier - 20, Gross Rental Income $ - 78875, Insurance Expense - 2643, Monthly Rental Price - 0, Net Oper Income $ - 45584, Net Operating Income Year - 2015, Other Expenses - 11721, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 33291, Total Annual Income - 78875, Total Monthly Income - 6573, Township - Lake View, Water Expense - 2007, Zoning Type - Rtail
Outdoor Parking 6-12 Spaces
Owners Assoc (Y/N) No
Ownership Type Land Trust
Possession Closing, Immediate, Lease Back Required, Negotiable
Potential Use Commercial, Office and Research, Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Coverings Reflective Coating
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
Washer/Dryer Lsd (Y/N) No
Water Drainage Floor Drains
Listing Courtesy of Mid-America Realty