Chicago, IL 60614,2228 N Lincoln AVE
Chicago, IL 60614,2228 N Lincoln AVE
Chicago, IL 60614,2228 N Lincoln AVE
Chicago, IL 60614,2228 N Lincoln AVE
Chicago, IL 60614,2228 N Lincoln AVE
Chicago, IL 60614,2228 N Lincoln AVE
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$1,000,000

$1,099,000

9.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/18/2024

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12057984

Sold Date 12/18/24

Year Built 1886

Annual Tax Amount $33,931

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Mixed Use

Property Description

Desired Lincoln Park mixed-use building with rehab opportunity in A+ location. The property has been in the family for more than four decades and well taken care of, but the two residential units are in need of updates. Zoned B3-2, in the heart of restaurants, retail stores, single family homes and condominiums, and just a few blocks away from DePaul University. The building is situated on a 25' x 125' lot with alley access in the back and 2 tandem parking spaces (4 spaces). 2 residential units and 1 remodeled, commercial retail space. The first floor is currently occupied by an established business with long term potential. The second floor apartment consists of 2 bedrooms, 1 bath, separate dining room, and a large, private outdoor deck! The third floor apartment was updated in 2004; could be a great owner's unit! The open floor plan with 2 bedrooms, 1 bath, plus a den is outfitted with granite counters and white cabinets. Both residential units feature high ceilings, hardwood floors, in-unit washer & dryer hook up, and large windows. Excellent transportation options within walking distance. Great for investment and/or owner-occupied. Check out the floor plans to see how much space this building has to offer! Strictly Sold As-Is.

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning COMMR

Interior

Cooling Central Individual, Partial, Window Unit(s)

Flooring Carpet, Tile, Varies, Wood

Fireplaces Number 2

Fireplace Y

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Roof Type Reflective Coating,Rubber

Building

Level or Stories 3

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Nicholas Farnsworth • Coldwell Banker Realty
Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva
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