3740 N Lincoln Avenue
Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
- Mimi's on Lincoln 450 ft
- Goldie’s Pub 850 ft
- Cork Lounge 850 ft
- Yindee 900 ft
- Kite String Cantina 1000 ft
- Martyrs' 0.2 mi
- Trader Joe's 200 ft
- Sarah Mart 0.2 mi
- Houston Liquor and Food Inc 0.3 mi
- Shell 0.4 mi
- Speedway 0.5 mi
- Lucky Mini Mart 0.5 mi
- Klein Park 0.2 mi
- Merryman Park 0.3 mi
- Filbert Park 0.3 mi
- Juniper Park 0.5 mi
- Sheil Park 0.7 mi
- Fellger Park 0.7 mi
- Rare Tea Cellar 600 ft
- Loba Pastry + Coffee 950 ft
- Dunkin' 0.2 mi
- Dot's 0.2 mi
- Ritual Coffeehouse 0.3 mi
- iCafe 0.3 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12564187