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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

Attachments

5875 brochure

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
$4,277,736 CAD
Price Per SF
$121.24 CAD
Percent Leased
78%
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

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level-Ste 1
  • 604 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • Lower Level-Ste 24
  • 169 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • Lower Level-Ste 45
  • 109 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • Lower Level-Ste 53/54
  • 228 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • Lower Level-Ste 59
  • 115 SF
  • Office
  • Full Build-Out
  • Now

Recently renovated office space for lease

  • Lower Level-Ste S
  • 68 SF
  • Office
  • Partial Build-Out
  • Now

Recently renovated office space for lease

  • 1st Fl-Ste 120
  • 746 SF
  • Office
  • Partial Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 1st Fl-Ste 122
  • 373 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 1st Fl-Ste 123
  • 371 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 1st Fl-Ste 129
  • 187 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 1st Fl-Ste 140
  • 733 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 1st Fl-Ste 142
  • 377 SF
  • Office
  • Full Build-Out
  • Now

Recently renovated office space for lease

  • 1st Fl-Ste 143
  • 786 SF
  • Office
  • Partial Build-Out
  • Now

Recently renovated office space for lease

  • 1st Fl-Ste 145
  • 821 SF
  • Office
  • Partial Build-Out
  • Now

Recently renovated office space for lease

  • 1st Fl-Ste 148-149
  • 744 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 2nd Fl-Ste 229
  • 758 SF
  • Office
  • Full Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

  • 2nd Fl-Ste 246
  • 600 SF
  • Office
  • Partial Build-Out
  • Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Space Size Space Use Build-Out Available
Lower Level-Ste 1 604 SF Office Full Build-Out Now
Lower Level-Ste 24 169 SF Office Full Build-Out Now
Lower Level-Ste 45 109 SF Office Full Build-Out Now
Lower Level-Ste 53/54 228 SF Office Full Build-Out Now
Lower Level-Ste 59 115 SF Office Full Build-Out Now
Lower Level-Ste S 68 SF Office Partial Build-Out Now
1st Fl-Ste 120 746 SF Office Partial Build-Out Now
1st Fl-Ste 122 373 SF Office Full Build-Out Now
1st Fl-Ste 123 371 SF Office Full Build-Out Now
1st Fl-Ste 129 187 SF Office Full Build-Out Now
1st Fl-Ste 140 733 SF Office Full Build-Out Now
1st Fl-Ste 142 377 SF Office Full Build-Out Now
1st Fl-Ste 143 786 SF Office Partial Build-Out Now
1st Fl-Ste 145 821 SF Office Partial Build-Out Now
1st Fl-Ste 148-149 744 SF Office Full Build-Out Now
2nd Fl-Ste 229 758 SF Office Full Build-Out Now
2nd Fl-Ste 246 600 SF Office Partial Build-Out Now

Lower Level-Ste 1

Size
604 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste 24

Size
169 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste 45

Size
109 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste 53/54

Size
228 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste 59

Size
115 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level-Ste S

Size
68 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 120

Size
746 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 122

Size
373 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 123

Size
371 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 129

Size
187 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 140

Size
733 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 142

Size
377 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 143

Size
786 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 145

Size
821 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 148-149

Size
744 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 229

Size
758 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 246

Size
600 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

Lower Level-Ste 1

Size 604 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Lower Level-Ste 24

Size 169 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Lower Level-Ste 45

Size 109 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Lower Level-Ste 53/54

Size 228 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Lower Level-Ste 59

Size 115 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Recently renovated office space for lease

Lower Level-Ste S

Size 68 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Recently renovated office space for lease

1st Fl-Ste 120

Size 746 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

1st Fl-Ste 122

Size 373 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

1st Fl-Ste 123

Size 371 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

1st Fl-Ste 129

Size 187 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

1st Fl-Ste 140

Size 733 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

1st Fl-Ste 142

Size 377 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Recently renovated office space for lease

1st Fl-Ste 143

Size 786 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Recently renovated office space for lease

1st Fl-Ste 145

Size 821 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Recently renovated office space for lease

1st Fl-Ste 148-149

Size 744 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

2nd Fl-Ste 229

Size 758 SF
Space Use Office
Build-Out Full Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

2nd Fl-Ste 246

Size 600 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

200 – 2,000 Sq. Ft recently renovated office. Prime Location with Convenient Transportation.

Very walkable
80/100
Fairly drivable
50/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
13-01-305-046-0000
Land Assessment
$58,378 CAD
Improvements Assessment
$28,095 CAD
Total Assessment
$86,474 CAD
  • Listing ID: 32477490

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 5875 N Lincoln Ave, Chicago, IL 60659

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