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5875 N Lincoln Ave
Chicago, IL 60659
Lincoln Office Bldg · Office Property For Sale
Investment Highlights
- 45 Private Parking Stalls
- Traffic counts at Lincoln Ave and Richmond St are 29,589 vehicles per day
- Apx. 245’ of frontage along Lincoln Ave and 126’ along Richmond St
Executive Summary
• 35,282 square feet (including lower level) multi-tenant office building
• 28,272 square feet of land
• $85,002 property taxes (2023 payable)
• Stable operating building with short term leases with high renewal rates
• Public Transportation to the Front Door
• Across from Mather High School
• Just south of Peterson Avenue
• Abundant Parking in rear
• Property is across from Mather Park with 4 tennis courts, 5 baseball field, playground, 2 basketball courts and a soccer field.
• Property is one block south of numerous restaurants along Peterson Ave including Walgreens, Chipotle and Potbelly
• Security cameras in building
• 28,272 square feet of land
• $85,002 property taxes (2023 payable)
• Stable operating building with short term leases with high renewal rates
• Public Transportation to the Front Door
• Across from Mather High School
• Just south of Peterson Avenue
• Abundant Parking in rear
• Property is across from Mather Park with 4 tennis courts, 5 baseball field, playground, 2 basketball courts and a soccer field.
• Property is one block south of numerous restaurants along Peterson Ave including Walgreens, Chipotle and Potbelly
• Security cameras in building
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
35,282 SF
Building Class
C
Year Built/Renovated
1963/2013
Price
$4,331,645 CAD
Price Per SF
$122.77 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,761 SF
Building FAR
1.25
Lot Size
0.65 AC
Zoning
B3-2 - B3-2 Zoning
- Apartments permitted above the ground floor.
- 50th Ward Debra Silverstein
Parking
53 Spaces (1.5 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 13-01-305-046-0000 | Improvements Assessment | $28,414 CAD |
| Land Assessment | $59,040 CAD | Total Assessment | $87,454 CAD |
Property Taxes
Parcel Number
13-01-305-046-0000
Land Assessment
$59,040 CAD
Improvements Assessment
$28,414 CAD
Total Assessment
$87,454 CAD
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