3912 North Lincoln Avenue

Chicago, IL 60613

$1,450,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

PRIME NORTH CENTER - MIXED USE - VALUE ADD OPPORTUNITY - 5 total units (4 residential + large retail space). Two apartments contain 3 beds and 1 bath. The other two apartments contain 2 beds and 2 baths. location at Lincoln and Irving Park. Large L-shaped lot with frontage on both Lincoln Ave and Byron St. Current rents are below market. Residential Rents. 1-B $2100 2-B $2400 1-L $2450 2-L $2100. Commercial space is vacant...perfect for contractor or business in need of storage and parking. 4 interior...PRIME NORTH CENTER - MIXED USE - VALUE ADD OPPORTUNITY - 5 total units (4 residential + large retail space). Two apartments contain 3 beds and 1 bath. The other two apartments contain 2 beds and 2 baths. location at Lincoln and Irving Park. Large L-shaped lot with frontage on both Lincoln Ave and Byron St. Current rents are below market. Residential Rents. 1-B $2100 2-B $2400 1-L $2450 2-L $2100. Commercial space is vacant...perfect for contractor or business in need of storage and parking. 4 interior parking spaces. Close proximity to Lincoln Square, Roscoe Village, and Southport Corridor shopping and dining. Bell School District. Quick walk to Irving Park Brown Line.

Listing Agents

  1. Tim Sheahan

    Tim Sheahan

    Listing Agent

    Compass

  2. Kevin Carey

    Kevin Carey

    Alternative Listing Agent

    Compass

Sold By Compass

Property Details for 3912 North Lincoln Avenue

Area
CHI - North Center
Num Of Parking Spaces
4.0
Num of Interior Fireplaces
4
Zoning
MULTI

Location

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LISTING UPDATED: 04/06/2023 10:46 AM

Property Details for 3912 North Lincoln Avenue

StatusClosed
MLS #11698760
Days on Market83
Taxes$19,289 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.09 AC / 3,825 SF
CountyCook County

Location

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Building Information for 3912 North Lincoln Avenue

Stories-Residences5Year Built1900Lot Size0.09 AC / 3,825 SF

Payment Calculator

$9,521 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$1,607

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3912 North Lincoln Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 0 to 100 Amps
  • # Of Washers: 4
  • Heat/Ventilation: Forced Air
  • # Of Refrigerators: 4
  • # Of Dryers: 4
  • # Of Dishwashers: 4
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 0.088
  • Lot Size Square Feet: 3825.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm On Site
  • # Of Offices: 1
  • Retail SqFt: 3000
  • # Of Stores: 3
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-01-10T22:18:51
  • Photos Count: 37
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $144,600.00
  • Gross Scheduled Income: $144,600.00
  • Insurance Expense: $3,300.00
  • Total Monthly Income: 12050
  • Net Operating Income: $61,414.00
  • Operating Expense: $64,265.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,700.00

Property History for 3912 North Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3912 North Lincoln Avenue

Taxable ValueLand$47,812Additions$62,923Total$110,735
Tax Record2022$23,472 ($1,956 / month)
Home Facts
Baths2Total Finished SqFt2,722 SqFtAbove Grade Finished SqFt2,722 SqFtStories3Lot Size3,825 SqFtStyleMulti-Family Res (5+ Units)Year Built1989CountyCOOKAPN14-19-202-011Fireplace TypeHas Fireplace

Schools near 3912 North Lincoln Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 11 to 12
Rating
School
Distance
Bell Elementary School
PublicK to 8

Lake View High School
Public9 to 12

Lane Technical High School
Public7 to 12

Devry Advantage Academy High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.